NOT LISTED FOR SALE

Estimated Value: $3,090,774 - $7,697,000

2 Beds
2 Baths
1,789 Sq Ft
$6,443/mo HOA Fee

Last Sold February 26, 2024

Last sale price $7,568,000 $4,230 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $34,737/month

1,520 Days on Market

Highlights

  • Spa
  • City View
  • Central Air
  • P.S. 59 Beekman Hill International Rated A
  • Home Gym
  • Garage

About This Home

As of February 2024

Overlooking Central Park from the 50th floor of the iconic 432 Park Avenue, this 1,789-square-foot (166 square meter) two-bedroom, two bathroom residence features soaring 12’-6” ceilings and 10’ x 10’ windows providing abundant light and dynamic park and river views through northern and eastern exposures.

A gracious entry gallery leads to a large corner living and dining room perfect for entertaining.

The windowed open kitchen is outfitted with white lacquer and natural oak cabinetry, marble counters and floors, and marble breakfast bar with East River views. Stainless steel appliances by Miele include oven, warming drawer, gas cooktop, refrigerator/freezer, and built-in microwave.

The well-proportioned primary suite offers a northern exposure with direct Central Park Views and features an abundance of upgraded built-in closet and storage space, and primary bathroom with marble radiant-heated floors, dual vanities, soaking tub, and separate shower.

The second bedroom suite offers East River views and has its own marble bath. The powder room has been modified to add additional closet space, but can easily be converted back.

Designed by architect Rafael Vinoly, 432 Park Avenue rises 1,396 feet and has become a prominent feature of the skyline as well as one of the most coveted addresses in New York City.

Residents of 432 Park Avenue enjoy 30,000 square feet of amenity space, including a lounge, private restaurant, 75-foot indoor swimming pool, fitness center and spa with sauna, steam, and massage rooms, library, billiards room, screening / performance venue, conference room, children's playroom and yoga studio. In-suite dining and room service, concierge, 24-hour doorman, onsite parking garage and valet services provided by the building’s staff.

Last Agent to Sell the Property

Noel Berk

ENGEL & VOLKERS NEW YORK CITY License #10301212382 Listed on: 11/05/2019

ENGEL & VOLKERS NEW YORK CITY

Co-Listed By

Elizabeth Omedes

ENGEL & VOLKERS NEW YORK CITY License #10301212383

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $41,460

Year Built

  • Built in 2015

Lot Details

  • 0.79

HOA Fees

  • $6,443 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 50th floor

Interior Spaces

  • 1,789 Sq Ft Home
  • Home Gym
  • Dishwasher
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Spa
  • Central Air

Community Details

  • 125 Units
  • Midtown Central Subdivision
  • 96-Story Property

Listing and Financial Details

  • Legal Lot and Block 7502 / 01292

Property Details

Home Type

Condominium

Est. Annual Taxes

$41,460

Year Built

Built in 2015

Lot Details

0

HOA Fees

$6,443 per month

Listing Details

  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown Central
  • Entry Level: 50
  • Structure Type: None
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 96

Interior Features

  • Interior Features: Elevator, Kitchen Window
  • Appliances: Dishwasher
  • Fireplace: No
  • Living Area: 1789.0
  • Living Area Units: Square Feet
  • Dining Room Type: Gym

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: City, Park/Greenbelt, Water
  • View: Yes
  • Other Structures: Garage(s)

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 6443.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 34470.0
  • Lot Size Dimensions: 0.79 x 0.0

Building Info

  • New Construction: No
  • Units: 125
  • Spa: Yes
  • Total Stories: 96
  • Year Built: 2015

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01292
  • Tax Lot: 7502
  • Tax Annual: 41460.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
Feb 26, 2024
Sold by
Lin Chu Gina and Lin Gina
Bought by
Monaco Re Llc
Seller's Agent
Noel Berk
ENGEL & VOLKERS NEW YORK CITY
List Price
$8,250,000
Sold Price
$7,568,000
Premium/Discount to List
-$682,000
-8.27%
Current Estimated Value
$4,703,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,864,806
Avg. Annual Appreciation
-23.68%

Purchase Details

Closed on
Dec 29, 2016
Sold by
1Nycpark Llc
Bought by
Chu Gina Lin

Purchase Details

Closed on
Feb 18, 2016
Sold by
56Th And Park Owner Llc
Bought by
1Nycpark Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Monaco Re Llc $7,568,000 --
Monaco Re Llc $7,568,000 --
Chu Gina Lin -- --
Chu Gina Lin -- --
1Nycpark Llc $7,437,228 --
1Nycpark Llc $7,437,228 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2024 02/26/24 Sold $7,568,000 -8.3% $4,230 / Sq Ft
01/04/2024 01/04/24 Pending -- -- --
10/24/2023 10/24/23 Price Changed $8,250,000 0.0% $4,612 / Sq Ft
10/24/2023 10/24/23 For Sale $8,250,000 -2.8% $4,612 / Sq Ft
10/08/2023 10/08/23 Off Market $8,488,888 -- --
07/18/2023 07/18/23 Price Changed $8,488,888 -5.6% $4,745 / Sq Ft
09/04/2022 09/04/22 Price Changed $8,995,000 -9.6% $5,028 / Sq Ft
05/02/2022 05/02/22 For Sale $9,950,000 +31.5% $5,562 / Sq Ft
05/02/2022 05/02/22 Off Market $7,568,000 -- --
11/05/2019 11/05/19 For Sale $10,995,000 -- $6,146 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $42,362 $337,665 $70,011 $267,654
2024 $42,362 $338,841 $70,011 $268,830
2023 $41,458 $337,964 $70,011 $267,953
2022 $40,779 $335,740 $70,011 $265,729
2021 $38,513 $313,956 $70,011 $243,945
2020 $33,710 $352,313 $70,011 $282,302
2019 $32,945 $338,157 $70,011 $268,146
2018 $39,287 $326,343 $70,011 $256,332
2017 $38,270 $310,584 $70,011 $240,573
2016 $31,000 $255,008 $70,011 $184,997
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10935816

Real Estate Board of New York (REBNY)

APN: 1292-1384