NOT LISTED FOR SALE
3 Beds
4.5 Baths
4,410 Sq Ft
$8,362/mo HOA Fee

Last Sold August 01, 2023

Last sale price $12,675,000 $2,874 Per Sq Ft

68 Days on Market

Highlights

  • Pre War Building
  • 3-minute walk to Lexington Avenue-59 Street
  • 5-minute walk to Grand Army Plaza
  • East Side Elementary School, P.S. 267 Rated A
  • Terrace

About This Home

As of August 2023

This stunning pre-war condominium penthouse represents New York City living at its finest.

Entering the penthouse through a private vestibule, one is greeted by a wide (24ft x 7ft) gallery featuring oversized windows facing north, south, and west onto an enormous wrap terrace that envelopes the apartment.

The interior of the apartment is in mint condition, with every detail has been meticulously crafted to create a seamless flow between rooms. The formal corner dining room is the perfect place to host dinner parties. The eat-in kitchen is a chef's dream, with top-of-the-line appliances, custom cabinetry, and finishes which surround an oversized marble-topped center island.

This immaculate penthouse has eight generously proportioned rooms, including three bedrooms, 4.5 bathrooms, a formal dining room, a corner living room, an eat-in kitchen, and a stately wood-paneled library. This apartment also features a laundry room and flexible space, perfect for a home gym or office. For those who love to entertain, PHA is a dream come true; the spacious living room and dining room offer ample space for guests, while the terrace provides the perfect setting for al fresco dining and cocktails.

The apartment's crown jewel is its expansive (over 2,300 square feet!) wraparound terrace, which provides breathtaking views of the city skyline and a peaceful outdoor escape. An irrigation system is in place to maintain the beautiful array of plants that line the perimeter of the terrace to create a sense of nature and privacy. The terrace is also wired for electrical and has beautiful lighting installed. Whether you're relaxing with a book or hosting a soire, the terrace is the perfect place to do it all.

The arrangement of bedrooms is equally as excellent, with the primary bedroom accessible to the left of the penthouse entrance through a cozy, paneled library. The spacious bedroom features beautiful walk-in closets and an ensuite bath. Just down the hall, there are two well-appointed bedrooms, each with its own bath. These rooms could be maintained as bedrooms, or transformed into a home office/guestroom. Additionally, the powder room is tucked away off the entrance hall in just the right place.

The location of this full-service, white-glove, pre-war condominium on Park Avenue between 60th Street and 61st Street makes it a must-have for anyone wishing to live with great privacy in splendor. From this highly coveted location, one has ability to easily shop on Madison Avenue, and dine in all the fine restaurants of Midtown Manhattan and the Upper East Side. Penthouse A at 525 Park Avenue is truly the escape from the city, within the city, that one wishes for. Make your wish come true! Please get in touch with us today to schedule a private viewing.

Penthouse Features:

- Abundant Natural Light from All 4 Exposures

- Interior Living Space: Approximately 4,410 Square Feet

- Wraparound Terrace: Approximately 2,370 Square Feet

- 3 Full Bedrooms Plus a Staff Room

- Wood-paneled Library

- Wood Burning Fireplace

- Pristine Hard Wood Floors

- Laundry Room

- Central A/C (3 Zones)

Last Agent to Sell the Property

Kathy Sloane

Brown Harris Stevens Residential Sales LLC License #10301206683 Listed on: 03/28/2023

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Curtis Sloane

Brown Harris Stevens Residential Sales LLC License #10401292797

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $153,816

Year Built

  • Built in 1915

HOA Fees

  • $8,362 Monthly HOA Fees

Home Design

  • 4,410 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Outdoor Features

  • Terrace

Community Details

  • 55 Units
  • 525 Park Ave Condo
  • Upper East Side Subdivision
  • 16-Story Property

Listing and Financial Details

  • Tax Block 01395

Property Details

Home Type

Condominium

Est. Annual Taxes

$153,816

Year Built

Built in 1915

Lot Details

0

HOA Fees

$8,362 per month

Listing Details

  • Cross Street: EAST 60 STREET and EAST 61 STREET
  • Exposures: East,North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Upper East Side
  • Architectural Style: Prewar
  • Entry Level: 16
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 16

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 4410.0
  • Living Area Units: Square Feet
  • Rooms (Total): 8

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 3

Exterior Features

  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 8362.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: 525 Park Ave Condo
  • Units: 55
  • Total Stories: 16
  • Year Built: 1915

Tax Info

  • Tax Block: 01395
  • Tax Annual: 153816.0

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $12,675,000 -15.5% $2,874 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $14,995,000 -- $3,400 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10878073

Real Estate Board of New York (REBNY)