NOT LISTED FOR SALE

500 Park Ave, Unit 28A Floor 28 New York, NY 10022

Midtown East Neighborhood

Estimated Value: $2,510,000 - $4,752,000

3 Beds
2.5 Baths
2,660 Sq Ft
$5,066/mo HOA Fee

Last Sold November 27, 2024

Last sale price $3,500,000 $1,316 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $29,735/month

159 Days on Market

Highlights

  • River View
  • 2-minute walk to 59 Street (4,5,6 Line)
  • No Heating
  • East Side Elementary School, P.S. 267 Rated A
  • Laundry Facilities
  • 3-minute walk to Grand Army Plaza

About This Home

As of November 2024

A rare opportunity to live in one of the most iconic addresses in New York City. Voted in the top 5 condominiums in Midtown East, 500 Park Avenue is an ultra-luxurious building located in a prime location right on the border between Midtown and the Upper East Side. Built in 1984 it is one of the finest post-war designs in the city and the winner of a national award for its architect, James Stewart Polshek, from the American Institute of Architects.
Located on the 28th floor, this 2,667 sqft exclusive residence offers 360 degree breathtaking views of the City and Central Park . The apartment features 2 bedrooms with en-suites, a large library / den / 3rd bedroom, another half bath and an abundance of closets. You will enjoy a semi-private elevator landing allowing for optimum privacy. As you enter, an impressive 28 foot gallery leads to an expansive living room and dining area perfect for entertaining. The main bedroom presents beautiful, open and extensive Central Park views. The windowed eat-in kitchen is fully equipped with top-of-the-line appliances and has a lovely built-in banquet for dining.
This premiere residence has a discreet entry off Park Avenue, full time doormen, concierge, hall porters and a resident manager, plus a rooftop terrace. The building is located steps from some of Manhattan’s finest restaurants, world class shopping and much more.
Tenants in place until August 2024. Some pictures are Virtually Staged

Last Agent to Sell the Property

Marie-Claire Martineau

Compass License #10301205148 Listed on: 04/18/2024

Compass

Co-Listed By

Monica Zadan

Compass License #40ZA0901305

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $47,256

Year Built

  • Built in 1959

HOA Fees

  • $5,066 Monthly HOA Fees

Home Design

  • Entry on the 28th floor

Interior Spaces

  • 2,660 Sq Ft Home
  • Parquet Flooring
  • River Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 1038 / 01294

Community Details

Overview

  • 50 Units
  • High-Rise Condominium
  • Midtown East Subdivision
  • 39-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$47,256

Year Built

Built in 1959

Lot Details

0

HOA Fees

$5,066 per month

Listing Details

  • Exposures: East,North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown East
  • Entry Level: 28
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 39

Interior Features

  • Appliances: Dryer, Washer
  • Fireplace: No
  • Flooring: Parquet
  • Living Area: 2660.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

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

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common On Floor, Common Area
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 5066.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 100.420000x125.000000

Building Info

  • New Construction: No
  • Units: 50
  • Total Stories: 39
  • Year Built: 1959

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01294
  • Tax Lot: 1038
  • Tax Annual: 47256.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2025
Sold by
Sabanayagam Ashwin
Bought by
Rapar Owners Llc
Current Estimated Value
$3,780,383

Purchase Details

Listed on
Apr 18, 2024
Closed on
Nov 25, 2024
Sold by
Rupert Renaud
Bought by
Sabanayagam Ashwin
Seller's Agent
Marie-Claire Martineau
Compass
List Price
$4,250,000
Sold Price
$3,500,000
Premium/Discount to List
-$750,000
-17.65%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%
Original Mortgage
$1,125,000
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2013
Sold by
Claire Repert and Renuad Repert As
Bought by
Rupert Renaud

Purchase Details

Closed on
May 5, 2005
Sold by
Rupert Claire As Administrator C/T/A Of and The Last Will And Testament Of Bernard R
Bought by
Rupert Claire

Purchase Details

Closed on
Jul 23, 1998
Sold by
Rupert Claire
Bought by
Rupert Bernard A
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
Rapar Owners Llc -- --
Sabanayagam Ashwin $3,525,000 --
Rupert Renaud -- --
Rupert Renaud -- --
Rupert Claire -- --
Rupert Claire -- --
Rupert Bernard A $3,543,750 Ticor Title Guarantee Compan
Rupert Bernard A $3,543,750 Ticor Title Guarantee Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sabanayagam Ashwin $1,125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2024 11/27/24 Sold $3,500,000 +21112.1% $1,316 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
09/11/2024 09/11/24 Rented $16,500 0.0% --
09/05/2024 09/05/24 Under Contract -- -- --
08/28/2024 08/28/24 For Rent $16,500 0.0% --
08/07/2024 08/07/24 Price Changed $16,500 0.0% $6 / Sq Ft
06/25/2024 06/25/24 Off Market $16,500 -- --
06/22/2024 06/22/24 For Rent $17,500 0.0% --
06/19/2024 06/19/24 Price Changed $3,995,000 -6.0% $1,502 / Sq Ft
04/18/2024 04/18/24 For Sale $4,250,000 -- $1,598 / 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 $57,168 $471,179 $152,660 $318,519
2024 $57,168 $457,270 $152,660 $304,610
2023 $46,371 $458,200 $152,660 $305,540
2022 $46,103 $457,436 $152,660 $304,776
2021 $51,602 $420,653 $152,660 $267,993
2020 $46,527 $471,267 $152,660 $318,607
2019 $45,079 $475,833 $152,660 $323,173
2018 $52,014 $458,550 $152,660 $305,890
2017 $49,227 $448,077 $152,660 $295,417
2016 $47,020 $407,042 $152,660 $254,382
2015 $17,832 $376,756 $152,660 $224,096
2014 $17,832 $354,325 $152,660 $201,665
Source: Public Records

Agents Affiliated with this Home

  • Marie-Claire Martineau

    Seller's Agent in 2024

    Marie-Claire Martineau

    Compass

    (917) 848-6823

    1 in this area

    75 Total Sales

    Marie-Claire Martineau
    Section Image
  • Fernando Canale

    Seller Co-Listing Agent in 2024

    Fernando Canale

    Compass

    (786) 546-6102

    12 Total Sales

    Fernando Canale
    Section Image
  • Monica Zadan

    Seller Co-Listing Agent in 2024

    Monica Zadan

    Compass

    (212) 913-9058

    1 in this area

    8 Total Sales

    Monica Zadan
    Section Image
See All Agents

About This Building

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10982550

Real Estate Board of New York (REBNY)

APN: 1294-1038

New York New York County New York 10022 Midtown East

500 Park Ave Unit 28A, New York, NY

Not Listed for Sale

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