RENTED MAR 19, 2025

500 Park Ave, Unit 33A Floor 33 New York, NY 10022

Midtown East Neighborhood

Estimated Value: $3,276,000 - $3,962,000

3 Beds
3 Baths
2,660 Sq Ft
7,536 Sq Ft Lot

Last Sold August 08, 2023

Last sale price $3,550,000 $1,335 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $24,084/month

Highlights

  • River View
  • 2-minute walk to 59 Street (4,5,6 Line)
  • Elevator
  • East Side Elementary School, P.S. 267 Rated A
  • 1 Fireplace
  • 3-minute walk to Grand Army Plaza

About This Home

As of March 2025

Recently renovated, 500 Park Ave, Apt. 33A presents an exceptional opportunity to reside in a home boasting stunning, panoramic views of Central Park. This sophisticated residence features three bedrooms, three full bathrooms, a wood-burning fireplace, and newly installed European oak hardwood floors. Apt. 33A offers expansive, 360-degree views in all directions-North, South, East, and West.

For the ultimate in privacy, 500 Park Ave has only two units per floor. The entire home is outfitted with numerous built-in overhead and wall lights, most with dimmers, as well as electric window shades, with blackout shades in the bedrooms. Generous closet and storage space and an integrated Sonos sound system enhance the home's modern conveniences.

Upon entry, you are welcomed by a grand foyer that opens directly into the oversized living and dining room, where breathtaking day and night views stretch North, South, and East. This expansive space is perfect for entertaining or relaxing while enjoying the awe-inspiring surroundings. The eat-in, windowed kitchen is equipped with a new GE stainless steel dishwasher, double wall oven, a Sub-Zero refrigerator, a gas cooktop with a stainless steel hood, and an instant hot water heater.

The primary bedroom features abundant closet space and offers South- and West-facing views toward Central Park. Just outside the windowed en-suite bathroom-which boasts Western Central Park views, a separate soaking tub, a walk-in shower, and a water closet with a bidet-is a dressing area with a second sink and large custom closets. The second bedroom includes a windowed en-suite bathroom with Southern views and ample closet space. The third bedroom, which features a wood-burning fireplace, offers versatile use as a bedroom, home office, or den.

Additional features of Apt. 33A include a new washer and dryer, self-controlled HVAC, and pre-wiring for Spectrum or Fios. 500 Park Ave provides residents with first class service including full time doorman, concierge, live in resident manager, separate service elevator corridor, additional storage and 12th floor roof deck. Former Walt Disney screening room available for rent.

Last Agent to Rent the Property

Greg Stephen

Douglas Elliman Real Estate License #10401260410 Listed on: 02/19/2025

Douglas Elliman Real Estate

Co-Listed By

Dennis Margulies

Douglas Elliman Real Estate License #30ma0715807

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $57,168

Year Built

  • Built in 1959

Lot Details

  • 7,536

Property Views

  • River

Home Design

  • Entry on the 33rd floor

Interior Spaces

  • 2,660 Sq Ft Home
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Utilities

  • No Cooling

Listing and Financial Details

  • Property Available on 2/19/25
  • Legal Lot and Block 0037 / 01294

Community Details

Overview

  • 53 Units
  • High-Rise Condominium
  • 500 Park Avenue Tower Condo
  • Midtown East Subdivision
  • 40-Story Property

Amenities

  • Elevator

Condo Details

Home Type

Condominium

Est. Annual Taxes

$57,168

Year Built

Built in 1959

Lot Details

0

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished
  • Available Date: 2025-02-19

Listing Details

  • Exposures: East,North,South,West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Midtown East
  • Entry Level: 33
  • Structure Type: High Rise
  • ResoPropertyType: ResidentialLease
  • Pets No Pets Comments: ,Building Pets Allowed Comments:Cats and dogs allowed
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 40

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace Features: Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2660.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • View: City, Park/Greenbelt, River
  • View: Yes
  • Exterior Features: None, PrivateOutdoorSpaceUnder60Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Elevator(s)
  • Cooling: Other
  • Cooling: No

Condo/Co-op/Association

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

Lot Info

  • Zoning Description: C

Building Info

  • New Construction: No
  • Building Name: 500 Park Avenue Tower Condo
  • Units: 53
  • Total Stories: 40
  • Year Built: 1959

Tax Info

  • Tax Block: 01294
  • Tax Lot: 0037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2022
Closed on
Aug 7, 2023
Sold by
Mark Rahn and Rahn Angelina A
Bought by
Thirty Three Park Llc
Seller's Agent
Connolly Advocate
Berkshire Hathaway HomeServices New York Properties
List Price
$4,000,000
Sold Price
$3,550,000
Premium/Discount to List
-$450,000
-11.25%
Views
91
Current Estimated Value
$3,669,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,297
Avg. Annual Appreciation
1.44%
Original Mortgage
$2,000,000
Outstanding Balance
$1,955,684
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,713,613

Purchase Details

Closed on
Mar 16, 1990
Sold by
Joseph Peter
Bought by
Rahn Angelina
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
Thirty Three Park Llc $3,550,000 --
Rahn Angelina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thirty Three Park Llc $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2025 03/19/25 Rented $24,000 -4.0% --
02/19/2025 02/19/25 For Rent $25,000 +14.7% --
04/06/2024 04/06/24 Rented $21,800 0.0% --
04/05/2024 04/05/24 Under Contract -- -- --
03/22/2024 03/22/24 Price Changed $21,800 -3.1% $8 / Sq Ft
02/05/2024 02/05/24 Price Changed $22,500 -7.4% $8 / Sq Ft
01/09/2024 01/09/24 For Rent $24,300 0.0% --
01/04/2024 01/04/24 Off Market $24,300 -- --
12/07/2023 12/07/23 Price Changed $24,300 -1.2% $9 / Sq Ft
11/30/2023 11/30/23 Price Changed $24,600 -1.6% $9 / Sq Ft
08/22/2023 08/22/23 For Rent $25,000 0.0% --
08/08/2023 08/08/23 Sold $3,550,000 -5.3% $1,335 / Sq Ft View Prior Sale
06/16/2023 06/16/23 Pending -- -- --
01/19/2023 01/19/23 Price Changed $3,750,000 -6.3% $1,410 / Sq Ft
12/07/2022 12/07/22 For Sale $4,000,000 -- $1,504 / 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 $56,397 $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 $47,021 $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

  • Greg Stephen

    Landlord's Agent in 2025

    Greg Stephen

    Douglas Elliman Real Estate

    (917) 612-7020

    7 Total Sales

    Greg Stephen
    Section Image
  • Dennis Margulies

    Landlord's Co-Listing Agent in 2025

    Dennis Margulies

    Douglas Elliman Real Estate

    (212) 444-7881

    1 in this area

    34 Total Sales

    Dennis Margulies
    Section Image

  • C

    Seller Co-Listing Agent in 2024

    Clifford Hoppus

    Douglas Elliman Real Estate

    Section Image

  • C

    Seller's Agent in 2023

    Connolly Advocate

    BHHS New York Prop

    (212) 710-1900

    1 in this area

    7 Total Sales

    Connolly Advocate
    Section Image
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About This Building

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20004152

Real Estate Board of New York (REBNY)

APN: 1294-1048

New York New York County New York 10022 Midtown East

500 Park Ave Unit 33A, New York, NY

Not Listed for Sale

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