NOT LISTED FOR SALE

432 Park Ave, Unit 79 New York, NY 10022

Midtown East Neighborhood

Estimated Value: $2,816,000 - $13,746,489

5 Beds
7 Baths
8,055 Sq Ft
$23,430/mo HOA Fee

Last Sold October 18, 2023

Last sale price $65,600,000 $8,144 Per Sq Ft

Current estimated payment $76,635/month

111 Days on Market

Highlights

  • River View
  • Den
  • Entrance Foyer
  • P.S. 59 Beekman Hill International Rated A
  • Eat-In Kitchen
  • Central Air

About This Home

As of October 2023

Among the clouds, at one thousand feet, is a one-of-a-kind Hiroshi Sugimoto-designed masterpiece.

This serene full-floor residence offers 8,055 square feet (748 square meters) of living space, five bedrooms, five bathrooms, two powder rooms, home office, den, and a Sugimoto-designed tea room, with unobstructed 50 mile views in all directions including Central Park and the entire sky line, soaring ceilings, 10 x 10 foot windows and two private elevator landings.

Custom-built from a white box to the highest standards, the residence features tailor-made mechanical, security, electrical, plumbing, and HVAC systems, and a hand selection of the finest natural materials and finishes, including centuries-old Yakusugi cedar wood flooring, Towada tuff Stone, and Shikkui plaster walls.

Included in this offering is all built-in furniture and integrated art installations, two adjacent studio apartments (Studio 29B & Studio 29C approx. 1,000 square feet combined), and two storage units.

Designed by architect Rafael Viñoly, 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 overseen by Michelin-starred chef Sean Hergatt, 75-foot indoor swimming pool, fitness center and spa with sauna, steam, and massage rooms, library, billiards room, screening / performance venue, conference room, childrens playroom and yoga studio. In-suite dining and room service, and concierge services are provided by a full 24 hour staff.

Architect: New Material Research Laboratory/Hiroshi Sugimoto + Tomoyuki Sakakida

Local Architect: YUN Architecture, principals Susan Yun & Felix Ade

Last Agent to Sell the Property

Noel Berk

ENGEL & VOLKERS NEW YORK CITY License #10301212382 Listed on: 05/08/2023

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

  • $186,684

Year Built

  • Built in 2015

Lot Details

  • 0.79

HOA Fees

  • $23,430 Monthly HOA Fees

Parking

  • Garage

Property Views

  • River

Interior Spaces

  • 8,055 Sq Ft Home
  • Entrance Foyer
  • Den
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Utilities

  • Central Air

Community Details

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

Listing and Financial Details

  • Tax Block 01292

Property Details

Home Type

Condominium

Est. Annual Taxes

$186,684

Year Built

Built in 2015

Lot Details

0

HOA Fees

$23,430 per month

Listing Details

  • Exposures: East,North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown Central
  • Entry Level: 79
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 96

Interior Features

  • Interior Features: Den, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 8055.0
  • Living Area Units: Square Feet
  • Rooms (Total): 11
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Bathrooms Integer: 6
  • Bedrooms: 5

Exterior Features

  • View: City, Park/Greenbelt, River
  • View: Yes

Garage/Parking

  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 23430.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 34470.0
  • Lot Size Dimensions: 0.79 x 0.0

Building Info

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

Tax Info

  • Tax Block: 01292
  • Tax Annual: 186684.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Oct 18, 2023
Sold by
432 Crotona Park Avenue Llc
Bought by
August 79 Llc
Seller's Agent
Noel Berk
ENGEL & VOLKERS NEW YORK CITY
List Price
$92,000,000
Sold Price
$65,600,000
Premium/Discount to List
-$26,400,000
-28.7%
Views
656
Current Estimated Value
$6,735,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$58,864,170
Avg. Annual Appreciation
-72.76%

Purchase Details

Closed on
May 26, 2016
Sold by
56Th And Park Owner Llc
Bought by
432 Crotona Park Avenue Llc
Source: Public Records

Range of Values:

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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
August 79 Llc $65,600,000 --
432 Crotona Park Avenue Llc $59,144,632 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $65,600,000 -28.7% $8,144 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $92,000,000 -- $11,421 / 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 $190,749 $1,520,451 $315,248 $1,205,203
2024 $190,749 $1,525,747 $315,248 $1,210,499
2023 $186,680 $1,521,803 $315,248 $1,206,555
2022 $183,623 $1,511,780 $315,248 $1,196,532
2021 $173,417 $1,413,691 $315,248 $1,098,443
2020 $183,990 $1,586,406 $315,248 $1,271,158
2019 $181,301 $1,522,662 $315,248 $1,207,414
2018 $176,903 $1,469,467 $315,248 $1,154,219
2017 $172,320 $1,398,504 $315,248 $1,083,256
2016 $139,587 $1,148,258 $315,248 $833,010
Source: Public Records

Agents Affiliated with this Home

  • Noel Berk

    Seller's Agent in 2023

    Noel Berk

    ENGEL & VOLKERS NEW YORK CITY

    (212) 371-4065

    3 in this area

    17 Total Sales

    Noel Berk
    Section Image
  • Elizabeth Omedes

    Seller Co-Listing Agent in 2023

    Elizabeth Omedes

    ENGEL & VOLKERS NEW YORK CITY

    (212) 371-4065

    2 in this area

    14 Total Sales

    Elizabeth Omedes
    Section Image
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About This Building

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10993229

Real Estate Board of New York (REBNY)

APN: 1292-1436

New York New York County New York 10022 Midtown East

432 Park Ave Unit 79, New York, NY

This home is located at 432 Park Ave Unit 79, New York, NY 10022 since 08 May 2023 and is currently estimated at $6,735,830, approximately $836 per square foot. This property was built in 2015. 432 Park Ave Unit 79 is a home located in New York County with nearby schools including P.S. 59 Beekman Hill International, Clinton School, and Simon Baruch Middle School 104.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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