NOT LISTED FOR SALE

Estimated Value: $3,409,000 - $4,688,000

5 Beds
6 Baths
4,648 Sq Ft
$7,415/mo HOA Fee

Last Sold June 28, 2019

Last sale price $8,975,000 $1,931 Per Sq Ft

Current estimated payment $33,216/month

29 Days on Market

About This Home

As of June 2019

Stunning Views and Luxury Living on the 36th Floor!

Designed by John Saladino and featured in Architectural Digest, this dramatic, over 4,600 square foot apartment encompasses the entire 36th floor, affording ultimate privacy, 4 exposures and fabulous views in every direction of the Manhattan skyline and Central Park.

The private elevator landing leads into a gracious entry gallery with stenciled floors, 3 closets and a beautiful doorframe sourced from France.

Off of the gallery are the grand living and formal dining room. The living room is a double corner room with 3 exposures, 3 walls of windows and amazing city and iconic 59th Street Bridge views. The very generous formal dining room is also a corner room, with both North and East views and partial Central Park views. Next to the living room is a separate windowed bar and a warm library, both facing South with ample storage space and a wood burning fire place in the library.

Adjacent to the dining room is the windowed, eat-in kitchen featuring a 6 burner stove, two dishwashers, and lots of counter and cabinet space. The kitchen has a large eating area and fabulous views of the Park as well! The washer/dryer is also located here.

In addition to the amazing living and entertaining space, there are two separate bedroom wings, each with a master bedroom suite, spacious secondary bedroom and powder room. On the South side of the home are two large bedrooms, both with en-suite bathrooms. There are closets throughout this hallway as well as an additional powder room for guests.

The South corner master bedroom has beautiful midtown and Park views, a dressing area and wonderful closets and storage space. The master bathroom has a separate shower and tub and wonderful views as well.

The North wing has a large secondary bedroom with Park views and en suite bathroom, currently set up as an office. The corner master suite on this side has jaw dropping Central Park views, great closet space and a sumptuous master bathroom.

500 Park Tower was designed by James Polshek and was honored with a national award from the American Institute of Architects for outstanding architecture. This condominium offers the finest amenities, including full time doormen, concierge, a beautiful roof garden and private storage, and is located in one of the most sought after neighborhoods in Manhattan, close to the best shopping, fine dining and a short distance to Central Park.

Please call for a private appointment.

Note, the taxes listed are for primary residents only. Monthly taxes for pied-a-terre or LLC buyers are $7,565.83.

Last Agent to Sell the Property

Lisa Lippman

Brown Harris Stevens Residential Sales LLC License #30LI0869919 Listed on: 04/29/2019

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Gerard Moore

Brown Harris Stevens Residential Sales LLC License #40MO0848968

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $74,904

Year Built

  • Built in 1984

Lot Details

  • 7,536

HOA Fees

  • $7,415 Monthly HOA Fees

Home Design

  • 4,648 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 56 Units
  • 500 Park Tower Condos
  • Middle East Side Subdivision
  • 11-Story Property

Listing and Financial Details

  • Tax Block 01294

Property Details

Home Type

Condominium

Est. Annual Taxes

$74,904

Year Built

Built in 1984

Lot Details

0

HOA Fees

$7,415 per month

Listing Details

  • Cross Street: 58th & 59th Streets
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Middle East Side
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 4648.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Bathrooms Integer: 5
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 7415.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: 500 Park Tower
  • Units: 56
  • Total Stories: 11
  • Year Built: 1984

Tax Info

  • Tax Block: 01294
  • Tax Annual: 74904.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2019
Closed on
Jun 27, 2019
Sold by
Christine Simone Trustee
Bought by
500 Park 31 Llc
Seller's Agent
Lisa Lippman
Brown Harris Stevens Residential Sales LLC
List Price
$9,900,000
Sold Price
$8,975,000
Premium/Discount to List
-$925,000
-9.34%
Current Estimated Value
$3,995,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,979,643
Avg. Annual Appreciation
-11.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
500 Park 31 Llc $8,975,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $8,975,000 -9.3% $1,931 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $9,900,000 -- $2,130 / 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 $44,718 $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

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10019475

Real Estate Board of New York (REBNY)

APN: 1294-1054