NOT LISTED FOR SALE

520 Park Ave Unit PH48 New York, NY 10065

Upper East Side Neighborhood

Estimated Value: $2,500,000 - $10,968,066

4 Beds
5.5 Baths
4,322 Sq Ft
2015 Built

Highlights

  • Newly Remodeled
  • 3-minute walk to 5 Avenue-59 Street
  • 6,023 Sq Ft lot
  • East Side Elementary School, P.S. 267 Rated A
  • City View
  • 4-minute walk to Grand Army Plaza

About This Home

As of December 2020

Simplex Penthouse 48 raises Upper East Side living to new heights. This Penthouse Simplex is one of the highest located Simplex in the building, and it is unlike anything that has previously existed on the Upper East Side.

Find inspiration in the breathtaking, unobstructed vista of one of the world's finest cities. This Penthouse offers expansive New York City and Central Park views from virtually every room, and flowing layout that allows for a separation between public and private spaces.

The interconnected entertaining space has a Living Room and Dining Room that look out onto Central Park and the Madison Historic District, and a windowed North-facing kitchen, with more Central Park views and brilliant light. The entertaining space has a beautiful, open flow, while allowing for a sense of intimacy in each individual room. The bright eat-in kitchen evokes a feeling of weekends in the country, combining a warm atmosphere with brilliant, ever-changing light, unobstructed views and an enormous center island, around which all activity takes place.

The corner Master Bedroom enjoy East-facing and South-facing light with views of the East river and iconic Manhattan architecture; the Four Seasons, The Empire State Building and the Chrysler Building.

Residence Features:

Key-Locked Private Entry

Formal Foyer and Gallery

11' Ceilings

Select-Cut Solid White Oak Hardwood Flooring in Herringbone and Overlay Pattern

Master Bedroom Suite with en-suite Bath and generous walk-in closets

Bay Windows in Master Bedroom and Corner Living Room

Custom Christopher Peacock Kitchen Designed by Robert A.M. Stern

Last Agent to Rent the Property

Gennady Perepada

One and Only Realty Inc License #10311203608 Listed on: 11/11/2019

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $190,032

Year Built

  • Built in 2015 | Newly Remodeled

Parking

  • Garage

Interior Spaces

  • 4,322 Sq Ft Home
  • Entrance Foyer
  • City Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Garden
  • Central Air

Listing and Financial Details

  • Property Available on 9/22/20
  • Tax Block 01375

Community Details

Overview

  • 33 Units
  • Lenox Hill Subdivision
  • 54-Story Property

Amenities

  • Community Garden
  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$190,032

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Rental Info

  • Available Date: 2020-09-22

Listing Details

  • Exposures: East,North,South,West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Lenox Hill
  • Entry Level: 48
  • ResoPropertyType: ResidentialLease
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 54

Interior Features

  • Interior Features: Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 4322.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Bathrooms Integer: 6
  • Bedrooms: 4

Exterior Features

  • View: City, Park/Greenbelt
  • View: Yes
  • Exterior Features: Building Garden, Garden

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: Condominium

Lot Info

  • Lot Size Area: 6023.0
  • Lot Size Dimensions: 60.0 x 100.42

Building Info

  • New Construction: Yes
  • Units: 33
  • Total Stories: 54
  • Year Built: 2015

Tax Info

  • Tax Block: 01375

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2022
Sold by
520 Park Ave Ph48 Llc
Bought by
Kusg520 Llc
Current Estimated Value
$6,748,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,775,000
Outstanding Balance
$18,699,451
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2019
Sold by
41-45 Property Owner Llc
Bought by
520 Park Ave Ph48 Llc
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
Kusg520 Llc $28,250,000 --
520 Park Ave Ph48 Llc $32,396,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kusg520 Llc $19,775,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Off Market $80,000 -- --
12/24/2020 12/24/20 Rented -- -- --
12/24/2020 12/24/20 Rented $80,000 +6.7% --
11/11/2019 11/11/19 For Rent $75,000 -- --
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 $190,032 $1,677,570 $199,926 $1,477,644
2024 $190,032 $1,520,016 $199,927 $1,320,090
2023 $194,198 $1,553,337 $199,926 $1,353,411
2022 $189,933 $1,552,374 $199,926 $1,352,448
2021 $191,340 $1,559,792 $199,926 $1,359,866
2020 $221,987 $1,779,737 $199,926 $1,579,811
2019 $222,444 $1,763,748 $199,926 $1,563,822
Source: Public Records

Agents Affiliated with this Home

  • Gennady Perepada

    Landlord's Agent in 2020

    Gennady Perepada

    One and Only Realty Inc

    (212) 505-0200

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10871519

Real Estate Board of New York (REBNY)

APN: 1375-1432

New York New York County New York 10022 Upper East Side

520 Park Ave Unit PH48, New York, NY

This home is located at 520 Park Ave Unit PH48, New York, NY 10065 since 11 November 2019 and is currently priced at $6,908,022. This property was built in 2015. 520 Park Ave Unit PH48 is a home located in New York County with nearby schools including East Side Elementary School, P.S. 267, Robert F Wagner Middle School, and Clinton School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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