NOT LISTED FOR SALE

Estimated Value: $3,471,000 - $4,195,466

3 Beds
2.5 Baths
2,669 Sq Ft
$4,802/mo HOA Fee

Last Sold February 08, 2024

Last sale price $4,450,000 $1,667 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $30,380/month

95 Days on Market

Highlights

  • River View
  • 2-minute walk to 59 Street (4,5,6 Line)
  • High-Rise Condominium
  • East Side Elementary School, P.S. 267 Rated A
  • Cooling Available
  • 3-minute walk to Grand Army Plaza

About This Home

As of February 2024

Nestled within the beating heart of Manhattan's pulse, this exquisite residence transcends the ordinary and ascends into the realm of urban opulence. A symphony of sophistication, this abode rests within the legendary embrace of the 500 Park Tower Condominium - an iconic address at the coveted crossroads of Park Avenue and 59th Street. Prepare to be dazzled the moment you step through the grand double doors that usher you into a gallery of dreams. Behold the sprawling expanse of the corner living room and dining area, where floor-to-ceiling windows frame a panorama that reads like poetry - Central Park's emerald tapestry, the regal Upper East Side, and the magical midtown cityscape. With its new central heat and A/C system, this home is a canvas of luxury where room dimensions defy the ordinary and embrace the extraordinary. The gallery invites you into the library, a sanctuary of culture and contemplation, this space seamlessly evolves into a guest haven or a third bedroom - a testament to the fluidity of elegance. In the heart of this residence, a windowed eat-in kitchen becomes the epicenter of culinary artistry. Granite countertops stretch like urban horizons, hosting the choreography of culinary creation. SubZero's symphony of refrigeration orchestrates alongside top-tier appliances. The bedroom hall accommodates the powder room, laundry room and cavernous closet space. The grandeur of the primary bedroom suite unveils itself with Western views that cascade over Central Park's verdant embrace and window seats that offer a coveted vantage point for witnessing sunsets that paint the sky in fiery crescendos. Within this suite of dreams, a vast dressing room with abundant storage options unfurls, a shrine to organization and luxury. The en-suite bathroom, a veritable oasis, boasts a walk in shower that gazes upon the city's heartbeat. The second bedroom, a realm of tranquility, echoes with vastness and light. Its pristine marble en-suite bath is a testament to refinement. Exquisite hardwood floors caress your every step, while intricate moldings trace the boundaries of your world. Bespoke lighting imbues every corner with an ethereal glow, celebrating both artistry and functionality. This is not just a residence; it's an ode to life's grandeur, a tribute to the extraordinary.
Welcome to a world of full-time building staff, who guard your comfort, a rooftop garden that echoes with the whispers of the wind, and private storage that cradles your treasures. Beyond your doors, the city's most illustrious boutiques beckon - Louis Vuitton, Chanel, Bergdorf. Fine dining becomes an everyday indulgence with Le Bilboquet, Avra Estiatorio, and a constellation of culinary stars just outside your realm. The building features a full-time Doorman, Concierge, Roof garden, and a live-in Resident Manager. Just two blocks from Central Park and conveniently located near the 4,5, 6, N, and F trains make it the perfect location for a Pied a Terre or a primary home. Elevate your existence - here, within this poetic haven, where every sunrise is a new chapter and every sunset a resplendent finale. Welcome home to the crescendo of life, where luxury knows no bounds.

Last Agent to Sell the Property

Lauren Cangiano

Brown Harris Stevens Residential Sales LLC License #30CA0640675 Listed on: 09/07/2023

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Alisha Lloyd Hudson

Brown Harris Stevens Residential Sales LLC License #40LL1103576

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $46,368

Year Built

  • Built in 1984

Lot Details

  • 7,536

HOA Fees

  • $4,802 Monthly HOA Fees

Property Views

  • River

Home Design

  • 2,669 Sq Ft Home
  • Entry on the 38th floor

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Utilities

  • Cooling Available

Community Details

  • 56 Units
  • High-Rise Condominium
  • 500 Park Tower Condos
  • Midtown East Subdivision
  • 11-Story Property

Listing and Financial Details

  • Tax Block 01294

Property Details

Home Type

Condominium

Est. Annual Taxes

$46,368

Year Built

Built in 1984

Lot Details

0

HOA Fees

$4,802 per month

Listing Details

  • Exposures: East,North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown East
  • Entry Level: 38
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Pets No Pets Comments: Pets Allowed,Building Pets Allowed Comments:Pets Allowed
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Interior Features: Separate/Formal Dining Room
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 2669.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building Other, Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 4802.0
  • 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

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01294
  • Tax Lot: 0000
  • Tax Annual: 46368.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Feb 8, 2024
Sold by
Zesiger Albert and Zesiger Barrie Ramsay
Bought by
Fujisankei Communications International
Seller's Agent
Lauren Cangiano
Brown Harris Stevens Residential Sales LLC
List Price
$4,750,000
Sold Price
$4,450,000
Premium/Discount to List
-$300,000
-6.32%
Views
37
Current Estimated Value
$3,952,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$497,133
Avg. Annual Appreciation
-6.40%

Purchase Details

Closed on
Apr 9, 2013
Sold by
The Zesiger New York Revocable Trust and Zesiger As Trustee Barrie Ramsay
Bought by
Zesiger Albert and Zesiger Barrie Ramsay

Purchase Details

Closed on
May 10, 2005
Sold by
Zesiger Barrie Ramsay
Bought by
Zesiger New York Revocable Trust and Zesiger As Trustee Barrie Ramsay

Purchase Details

Closed on
May 13, 1999
Sold by
Toshiba America Inc
Bought by
Zesiger Barrie R
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
Fujisankei Communications International $4,150,000 --
Fujisankei Communications International $4,150,000 --
Zesiger Albert -- --
Zesiger Albert -- --
Zesiger New York Revocable Trust -- --
Zesiger New York Revocable Trust -- --
Zesiger Barrie R $3,123,000 Pioneer Land Title Corp
Zesiger Barrie R $3,123,000 Pioneer Land Title Corp
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2024 02/08/24 Sold $4,450,000 0.0% $1,667 / Sq Ft
12/12/2023 12/12/23 Pending -- -- --
11/20/2023 11/20/23 Price Changed $4,450,000 -6.3% $1,667 / Sq Ft
09/07/2023 09/07/23 For Sale $4,750,000 -- $1,780 / 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 $45,993 $457,436 $152,660 $304,776
2021 $51,602 $420,653 $152,660 $267,993
2020 $46,033 $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 $47,021 $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

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10933578

Real Estate Board of New York (REBNY)

APN: 1294-1058