$3,022,000 - $4,680,884
RENTED APR 30, 2025
3 Beds
3.5 Baths
2,244 Sq Ft
0.32 Acres

Highlights

  • City View
  • 2-minute walk to 59 Street (4,5,6 Line)
  • Wood Flooring
  • East Side Elementary School, P.S. 267 Rated A
  • 14,058 Sq Ft lot
  • 3-minute walk to Grand Army Plaza

About This Home

As of April 2025

Enjoy an exceptional standard of luxury in this refined Park Avenue home set on the 18th floor of one of Manhattan’s most exclusive prewar condominiums. The generous 3 bedroom, 3.5 bathroom corner apartment offers elegant interiors, striking city views, oversized casement windows on triple exposures, and a fabulous private terrace stretching 33+ feet. Heightening the allure of this very special gem are white-glove amenities affording a pampered lifestyle, and a premier Upper East Side address near Central Park and world-class attractions.Welcoming you inside the residence is a gracious entry hall featuring a large closet and powder room with a concealed washer-dryer. The open foyer leads to a sun-filled custom kitchen with top-of-the-line appliances for the cook, and spacious living/dining room brightened by south and west-facing windows. Stunning herringbone oak floors, airy coffered ceilings and tasteful moldings enrich the ambience. An adjoining private terrace spanning the length of the kitchen and entertaining area provides an outdoor oasis for both host and guests, overlooking Park Ave and stately buildings.Sleeping quarters are comprised of 3 comfortable bedroom suites with high-end baths and ample closet space. The northwest corner primary suite is inviting and well-proportioned, with plenty of light and room for a king bed plus sitting area. This tranquil retreat also presents a sizable walk-in closet for personal belongings, and an upscale marble bath with a double-sink vanity, soothing soaking tub, and separate shower.Built in 1929, the incomparable 502 Park Avenue is an architecturally exquisite, amenity-rich landmark building with a 24/7 doorman and concierge, full-time maintenance and security staff, live-in resident manager, state of the art fitness center, plus the hotel-like convenience of valet, daily maid and laundry services. The grand 31-story condominium sits in an unparalleled location at 59th and Park, close to Central Park, The Plaza Hotel, renowned museums, acclaimed restaurants, glamorous Madison Avenue shopping, excellent public and private schools, and abundant transportation options.

Last Agent to Rent the Property

Leslie Modell

Sothebys International Realty License #10301200832 Listed on: 01/28/2025

Sothebys International Realty

Co-Listed By

ALEXANDRE BRUNET

Sothebys International Realty License #10401380930

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $56,061

Year Built

  • Built in 1929

Lot Details

  • 0.32

Parking

  • Garage

Interior Spaces

  • 2,244 Sq Ft Home
  • Wood Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Terrace
  • West Facing Home

Listing and Financial Details

  • Property Available on 1/16/25
  • Legal Lot and Block 7502 / 01374

Community Details

Overview

  • No Home Owners Association
  • 122 Units
  • High-Rise Condominium
  • Trump Park Avenue Condos
  • Lenox Hill Subdivision
  • 32-Story Property

Amenities

  • Building Terrace
  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$56,061

Year Built

Built in 1929

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2025-01-16

Listing Details

  • Exposures: North,South,West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Lenox Hill
  • Entry Level: 18
  • Structure Type: High Rise
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 32

Interior Features

  • Appliances: Dryer, Dishwasher, Washer
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 2244.0
  • Living Area Units: Square Feet
  • Rooms (Total): 8

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Direction Faces: West
  • Exterior Features: PrivateOutdoorSpaceOver60Sqft
  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common Area, Laundry Room, In Unit

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 14058.0
  • Lot Size Dimensions: 100.42 x 140.0

Building Info

  • New Construction: No
  • Building Name: Trump Park Avenue
  • Units: 122
  • Total Stories: 32
  • Year Built: 1929

Tax Info

  • Tax Block: 01374
  • Tax Lot: 7502

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2007
Sold by
Trump Park Avenue Llc
Bought by
Allan Hayley
Current Estimated Value
$3,616,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,937,500
Outstanding Balance
$2,519,202
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,096,965
Source: Public Records

Range of Values:

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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
Allan Hayley $5,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allan Hayley $3,937,500
Closed Allan Hayley $3,937,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Rented $25,000 0.0% --
04/21/2025 04/21/25 Under Contract -- -- --
01/28/2025 01/28/25 For Rent $25,000 +25.0% --
03/23/2023 03/23/23 Rented $20,000 0.0% --
01/16/2023 01/16/23 Price Changed $20,000 -9.1% $9 / Sq Ft
11/13/2022 11/13/22 For Rent $22,000 -18.5% --
03/22/2016 03/22/16 Rented -- -- --
02/21/2016 02/21/16 Under Contract -- -- --
10/14/2015 10/14/15 For Rent $27,000 +8.0% --
06/30/2014 06/30/14 Rented -- -- --
05/31/2014 05/31/14 Under Contract -- -- --
10/07/2013 10/07/13 For Rent $25,000 -- --
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 $56,061 $453,720 $104,241 $349,479
2024 $56,061 $448,414 $104,241 $344,173
2023 $53,680 $437,598 $104,241 $333,357
2022 $51,623 $439,047 $104,241 $334,806
2021 $50,866 $432,484 $104,241 $328,243
2020 $51,128 $465,806 $104,241 $361,565
2019 $49,132 $409,977 $104,241 $305,736
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11031221

Real Estate Board of New York (REBNY)

APN: 1374-1245