NOT LISTED FOR SALE

Estimated Value: $2,346,990

2 Beds
2.5 Baths
1,272 Sq Ft
2004 Built

Sale Details

Date Sold: June 22, 2021

Last sale price $2,395,000 $1,883 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $17,640 / mo

5458 Days on Market

Highlights

  • Rooftop Deck
  • 4-minute walk to 5 Avenue-53 Street
  • Entrance Foyer
  • P.S. 59 Beekman Hill International Rated A
  • City View
  • Central Air

About This Home

As of June 2021

Located between Park and Madison Avenues in the heart of Midtown East, this apartment is sited at the epicenter of all things New York City! Rarely does a 2 bedroom 2.5 bathroom home like this become available, with sweeping views and an abundance of light throughout the apartment, from its eastern and southern exposures. On the 40TH story at Park Avenue Place, one of the areas finest condominium buildings, you exit the elevator to find only two apartments on the floor. You are immediately welcomed into the property by the formal center hallway which introduces you to the thoughtful layout and the elegant design aesthetic of this home. Incorporating a split layout, you are guided either to the western side of the apartment where you will find an elaborate primary bedroom suite with large five-fixture windowed bathroom, or to the eastern wing of the home where the main living/dining area, chef's kitchen, half bath for guests along with the secondary bedroom, also with its own ensuite bath, await you. Floor to ceiling windows in this portion of the apartment, complimented by high ceilings, enhance and frame the views from the living space and the flow of the unit makes it ideal for entertaining family, friends and business associates. The kitchen is perfect for preparing that perfect meal and large enough to enjoy a morning beverage at the breakfast bar while gazing out the south-facing window. When entertaining, the area can be closed to all with two cleverly designed pocket doors, providing a more intimate experience. Wonderfully appointed this home features fabulous cherry wood floors throughout. The kitchen is finished with a black granite floor and counter tops and has beautiful white lacquered cabinets along with a Sub-Zero refrigerator, Miele stove top, oven and dishwasher, along with a sizable wine fridge. The luxurious ensuite bathrooms are beautifully outfitted with marble floors and soaking tubs and the half bathroom includes a Bosch washer and dryer. All of which make this apartment an ideal Primary Residence, Pied-a- Terre or Investment Property. Park Avenue Place amenities include a 24-hour concierge, live-in super and resident access to the celebrated *Core Club which features a luxurious spa, fitness center and restaurant. (*COVID guidelines in effect) Offered furnished (excluding a few itemized pieces, personal items - artwork could be negotiated) OR unfurnished.

Last Agent to Sell the Property

Lawrence Stogel

Compass License #10401269223 Listed on: 08/25/2020

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $32,724

Year Built

  • Built in 2004

HOA Fees

  • $2,000 Monthly HOA Fees

Home Design

  • Entry on the 40th floor

Interior Spaces

  • 1,272 Sq Ft Home
  • Entrance Foyer
  • Dining Area

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 1290

Community Details

Overview

  • Midtown East Subdivision
  • 39-Story Property

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$32,724

Year Built

Built in 2004

Lot Details

0 Sq Ft Lot

HOA Fees

$2,000 per month

Listing Details

  • Cross Street: Madison Avenue/Park Avenue
  • Exposures: East,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown East
  • Entry Level: 40
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 39

Interior Features

  • Interior Features: Dining Area, Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 1272.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2000.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 39
  • Year Built: 2004

Tax Info

  • Tax Block: 1290
  • Tax Lot: 7501
  • Tax Annual: 32724.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Jun 21, 2021
Sold by
Bought by
Seller's Agent
Lawrence Stogel
Compass
List Price
$2,395,000
Sold Price
$2,395,000
Current Estimated Value
$2,346,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,010
Avg. Annual Appreciation
-0.40%

Purchase Details

Closed on
Nov 10, 2006
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,300,000 --
$2,443,800 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/22/2021 06/22/21 Sold $2,395,000 0.0% $1,883 / Sq Ft
05/09/2006 05/09/06 For Sale $2,395,000 -- $1,883 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $34,220 $269,830 $76,436 $193,394
2025 $34,392 $273,760 $76,436 $197,324
2024 $34,392 $275,091 $76,436 $198,655
2023 $32,719 $266,720 $76,436 $190,284
2022 $33,997 $277,863 $76,436 $201,427
2021 $31,624 $257,800 $76,436 $181,364
2020 $32,374 $291,243 $76,436 $214,807
2019 $30,901 $282,835 $76,436 $206,399
2018 $28,794 $285,175 $76,436 $208,739
2017 $27,156 $266,476 $76,436 $190,040
2016 $25,908 $239,385 $76,436 $162,949
2015 $14,040 $215,690 $76,436 $139,254
2014 $14,040 $197,613 $76,437 $121,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10800879

Real Estate Board of New York (REBNY)

APN: 1290-1174

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