NOT LISTED FOR SALE

500 Park Ave, Unit 30A Floor 30 New York, NY 10022

Midtown East Neighborhood

Estimated Value: $3,317,000 - $3,944,000

2 Beds
3.5 Baths
2,660 Sq Ft
$4,314/mo HOA Fee

Last Sold January 06, 2022

Last sale price $3,600,000 $1,353 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $28,494/month

88 Days on Market

About This Home

As of January 2022

Located in the heart of midtown east, this roomy 2,667 square foot apartment boasts the most incredible 360 degree views of Manhattan including city, skyline and Central Park. Previously used as an office, the space is ready to be turned back into a luxury 3 bedroom with the potential to make into a spectacular home or investment.

The apartment features an eat-in windowed kitchen, 2 full bathrooms and a half powder room. The vast living room (25X32) is perfect for entertaining and features Southern, Eastern and Northern exposures. Washer and dryer are permitted for use and a private storage comes with apartment. Architectural plans have been created and were approved by the board and permits were filed by the current owners (can be purchased). 500 Park Tower is known for its impeccable reputation and convenient location in the heart of luxury retail while just 2 blocks from Central Park.

Amenities include a full time doorman and concierge, outdoor terrace and storage units. This apartment has the potential to be turned into a dream home!
Some of the rooms in this apartment have been virtually staged. Photos shown are for representation only.

Last Agent to Sell the Property

Georgia Kaporis

Douglas Elliman Real Estate License #10301200493 Listed on: 06/21/2021

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $54,864

Year Built

  • Built in 1959

HOA Fees

  • $4,314 Monthly HOA Fees

Home Design

  • 2,660 Sq Ft Home
  • Entry on the 30th floor

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Washer Dryer Allowed

Community Details

  • 53 Units
  • 500 Park Avenue Tow Condos
  • Middle East Side Subdivision
  • 40-Story Property

Listing and Financial Details

  • Tax Block 01294

Property Details

Home Type

Condominium

Est. Annual Taxes

$54,864

Year Built

Built in 1959

Lot Details

0

HOA Fees

$4,314 per month

Listing Details

  • Cross Street: MADISON AVENUE and PARK AVENUE
  • Exposures: East,North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Middle East Side
  • Entry Level: 30
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 40

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 2660.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 4314.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: 500 PARK AVENUE TOW
  • Units: 53
  • Total Stories: 40
  • Year Built: 1959

Tax Info

  • Tax Block: 01294
  • Tax Annual: 54864.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Jan 6, 2022
Sold by
Boesky Stuart
Bought by
Butterfly Artistic Media 500 Llc
Seller's Agent
Georgia Kaporis
Douglas Elliman Real Estate
List Price
$3,400,000
Sold Price
$3,600,000
Premium/Discount to List
$200,000
5.88%
Current Estimated Value
$3,687,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,383
Avg. Annual Appreciation
0.62%
Original Mortgage
$3,060,000
Outstanding Balance
$2,814,397
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$872,986

Purchase Details

Listed on
Jul 26, 2019
Closed on
Sep 4, 2020
Sold by
Westfield Llc
Bought by
Boesky Stuart
List Price
$4,995,000
Sold Price
$3,000,000
Premium/Discount to List
-$1,995,000
-39.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.58%
Original Mortgage
$2,090,550
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2002
Sold by
Dicresce Gary and Dicresce Nancy
Bought by
Westfield Corporation Inc
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
Butterfly Artistic Media 500 Llc $3,600,000 --
Boesky Stuart $2,986,500 --
Westfield Corporation Inc $14,875,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butterfly Artistic Media 500 Llc $3,060,000
Previous Owner Boesky Stuart $2,090,550
Closed Westfield Corporation Inc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2023 06/15/23 Off Market $3,600,000 -- --
01/06/2022 01/06/22 Sold $3,600,000 +5.9% $1,353 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $3,400,000 +13.3% $1,278 / Sq Ft
09/04/2020 09/04/20 Sold $3,000,000 -39.9% $1,128 / Sq Ft View Prior Sale
06/29/2020 06/29/20 Pending -- -- --
07/12/2019 07/12/19 For Sale $4,995,000 -- $1,878 / 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 $56,207 $458,200 $152,660 $305,540
2022 $55,883 $457,436 $152,660 $304,776
2021 $51,602 $420,653 $152,660 $267,993
2020 $55,798 $471,267 $152,660 $318,607
2019 $54,641 $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 $18,647 $376,756 $152,660 $224,096
2014 $18,647 $354,325 $152,660 $201,665
Source: Public Records

Agents Affiliated with this Home

  • Georgia Kaporis

    Seller's Agent in 2022

    Georgia Kaporis

    Douglas Elliman Real Estate

    (917) 952-2522

    1 in this area

    25 Total Sales

    Georgia Kaporis
    Section Image
  • Michael Raab

    Seller Co-Listing Agent in 2020

    Michael Raab

    Corcoran Group

    (646) 732-5500

    6 Total Sales

    Michael Raab
    Section Image
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About This Building

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10029719

Real Estate Board of New York (REBNY)

APN: 1294-1042

New York New York County New York 10022 Midtown East

500 Park Ave Unit 30A, New York, NY

Not Listed for Sale

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