Trump Park Avenue 502 Park Ave Unit 14F New York, NY 10022
Upper East Side Neighborhood
1
Bed
1
Bath
730
Sq Ft
$1,340/mo
HOA Fee
Highlights
- Concierge
- 2-minute walk to 59 Street (4,5,6 Line)
- Cooling System Mounted In Outer Wall Opening
- East Side Elementary School, P.S. 267 Rated A
- City View
- 3-minute walk to Grand Army Plaza
About This Home
As of November 2024502 Park Avenue epitomizes the elegant, upscale living that can only be found on Manhattan's Upper East Side.
Turning the hand-crafted doorknob, the front door swings open to a gleaming, solid-oak floored kitchen. Watermark fittings, polished nickel fixtures, marble countertops and stainless-steel GE appliances blend early 20th century grandeur with modern innovation.
Moving into the living room, the south-facing windows frame the verdant flora along the balconies of 500 Park Avenue across the street.
The massive bedroom can fit a king-sized bed with room for sofa, desk, dressers, etc. and comes with a floor to ceiling walk-in closet. The ensuite bath sports Fior de Pesco marble floors, white wood cabinetry and nickel fixtures. In-unit washer-dryer installation is permissible with board and DOB approval.
Formerly the Delmonico Hotel, 502 Park is a vestige of America's Gilded Age. Double-height coffered ceilings cap the checkered, marble floors and wood-paneled walls of the grand lobby which is staffed by 24-hour white-glove hotel and valet services. Elevators provide easy access to the state-of-the-art fitness facility, available exclusively to building residents.
Just outside the walls of the building are Central Park, MoMA, Madison Avenue shopping and the cafes and restaurants of Lenox Hill.
Last Agent to Sell the Property
Corcoran Group License #10301214070 Listed on: 11/04/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,914
Year Built
- Built in 1927
HOA Fees
- $1,340 Monthly HOA Fees
Interior Spaces
- 730 Sq Ft Home
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Additional Features
- South Facing Home
- Cooling System Mounted In Outer Wall Opening
Listing and Financial Details
- Legal Lot and Block 1213 / 01374
Community Details
Overview
- 122 Units
- High-Rise Condominium
- Trump Park Avenue Condos
- Lenox Hill Subdivision
- 31-Story Property
Amenities
- Concierge
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 4, 2024
Closed on
Nov 19, 2024
Sold by
Invicta Re Corp
Bought by
Ferrari Richard
Seller's Agent
James Guimaraes
Corcoran Group
List Price
$1,299,000
Sold Price
$1,150,000
Premium/Discount to List
-$149,000
-11.47%
Total Days on Market
227
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$77,330
Avg. Annual Appreciation
-12.31%
Original Mortgage
$767,000
Outstanding Balance
$764,105
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$308,565
Purchase Details
Closed on
Sep 14, 2009
Sold by
Mary Beth Zollars Revocable Trust and % Rosenbluth And Rosenbluth Attorneys
Bought by
Invicta Re Corp
Purchase Details
Closed on
Nov 13, 2007
Sold by
Zollars Beth and Zollars William
Bought by
Mary Beth Zollars Revocable Trust
Purchase Details
Closed on
Feb 21, 2006
Sold by
Puljic Ankica and Puljic Smiljan
Bought by
Zollars Beth and Zollars William
Purchase Details
Closed on
Nov 3, 2004
Sold by
Trump Park Avenue Llc
Bought by
Puljic Ankica and Puljic Dr Smiljan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,115,500 | -- | |
| Deed | $1,275,000 | -- | |
| Deed | $1,275,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $1,490,000 | -- | |
| Deed | $1,490,000 | -- | |
| Deed | $990,000 | -- | |
| Deed | $990,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $767,000 | Purchase Money Mortgage | |
| Previous Owner | $650,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/19/2024 11/19/24 | Sold | $1,150,000 | -7.9% | $1,575 / Sq Ft |
| 10/18/2024 10/18/24 | Pending | -- | -- | -- |
| 09/30/2024 09/30/24 | Price Changed | $1,249,000 | -3.8% | $1,711 / Sq Ft |
| 09/29/2024 09/29/24 | For Sale | $1,299,000 | 0.0% | $1,779 / Sq Ft |
| 05/16/2024 05/16/24 | Pending | -- | -- | -- |
| 03/04/2024 03/04/24 | For Sale | $1,299,000 | 0.0% | $1,779 / Sq Ft |
| 11/18/2022 11/18/22 | Rented | $5,000 | -4.8% | -- |
| 11/08/2022 11/08/22 | Under Contract | -- | -- | -- |
| 10/17/2022 10/17/22 | For Rent | $5,250 | +38.2% | -- |
| 04/20/2022 04/20/22 | Off Market | $3,800 | -- | -- |
| 12/12/2020 12/12/20 | Rented | -- | -- | -- |
| 12/11/2020 12/11/20 | Rented | $3,800 | -15.6% | -- |
| 08/31/2017 08/31/17 | Rented | -- | -- | -- |
| 08/01/2017 08/01/17 | Under Contract | -- | -- | -- |
| 07/31/2017 07/31/17 | For Rent | $4,500 | +18.4% | -- |
| 11/04/2004 11/04/04 | For Rent | $3,800 | -- | -- |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $11,914 | $95,297 | $22,154 | $73,143 |
| 2023 | $11,408 | $92,998 | $22,154 | $70,844 |
| 2022 | $10,999 | $93,307 | $22,154 | $71,153 |
| 2021 | $10,810 | $91,912 | $22,154 | $69,758 |
| 2020 | $10,866 | $98,994 | $22,154 | $76,840 |
| 2019 | $10,442 | $87,129 | $22,154 | $64,975 |
| 2018 | $10,161 | $85,199 | $22,154 | $63,045 |
| 2017 | $9,726 | $84,423 | $22,154 | $62,269 |
| 2016 | $9,450 | $79,830 | $22,154 | $57,676 |
| 2015 | $5,472 | $77,366 | $22,154 | $55,212 |
| 2014 | $5,472 | $72,607 | $22,154 | $50,453 |
Source: Public Records
Agents Affiliated with this Home
-
James Guimaraes
Seller's Agent in 2024
James Guimaraes
Corcoran Group
(914) 420-8773
1 in this area
42 Total Sales
-
Andrew Westphal
Seller Co-Listing Agent in 2024
Andrew Westphal
Corcoran Group
(917) 658-5467
1 in this area
39 Total Sales
-
Pamela S D Arc
Seller's Agent in 2020
Pamela S D Arc
Compass
(212) 452-4377
1 in this area
93 Total Sales
About Trump Park Avenue
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10981100
APN: 1374-1213
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