NOT LISTED FOR SALE

Estimated Value: $3,311,000 - $4,732,151

3 Beds
3.5 Baths
2,302 Sq Ft
$3,952/mo HOA Fee

Last Sold January 11, 2021

Last sale price $4,995,000 $2,170 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $31,908/month

5,997 Days on Market

Highlights

  • Rooftop Deck
  • 4-minute walk to 5 Avenue-53 Street
  • Den
  • P.S. 59 Beekman Hill International Rated A
  • City View
  • New Windows

About This Home

As of January 2021

Penthouse One is a private full-floor three-bedroom, three and a half bath home. Designed by the world-renowned architects, Kohn Pederson Fox, Park Avenue Place stands 45 stories tall and totals 76 units. Park Avenue Place is centered between two of the world's most exclusive streets and only five blocks from Central Park.

Penthouse One showcases a floor to ceiling glass entryway coupled with panoramic views of the city below. The living room's Penthouse-level ceiling height and floor to ceiling windows with both Northern and Eastern exposures make it a great space for entertaining. The modern kitchen features Miele appliances and black stone countertops. The Master's walls are lined with suede wallpaper and include custom closet built-ins and a dramatic glass corner view of downtown Manhattan and the East River. The first guest bedroom features direct views of the Empire State Building.

As the owner of Penthouse One, you will have full access to the CORE Club and their facilities, including their restaurant, bar, screening room, conference room, fitness center, and spa, all of which are in the building. Other in-building amenities include a 24-hour full-service doorman, porters, and a resident superintendent.

Across the street, you'll find Michelin-starred restaurant Aquavit, and just one block away the City's high-end retail stores and restaurants include Ralph Lauren's Polo Bar, the IWC flagship boutique, and Ferrari.

Last Agent to Sell the Property

Rob Halperin

Compass License #10401272396 Listed on: 10/19/2019

Compass

Co-Listed By

Philip Scheinfeld

Compass License #10401258398

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $61,800

Year Built

  • Built in 2004

HOA Fees

  • $3,952 Monthly HOA Fees

Home Design

  • Entry on the 39th floor

Interior Spaces

  • 2,302 Sq Ft Home
  • New Windows
  • Entrance Foyer
  • Den

Bedrooms and Bathrooms

  • 3 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

$61,800

Year Built

Built in 2004

Lot Details

0

HOA Fees

$3,952 per month

Listing Details

  • Cross Street: Madison Avenue/Park Avenue
  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown East
  • Entry Level: 39
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 39

Interior Features

  • Interior Features: Den, Entrance Foyer, Pantry
  • Appliances: Dryer, Washer
  • Living Area: 2302.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6
  • Dining Room Type: Den
  • Window Features: New Windows

Beds/Baths

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

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: 3952.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

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: 61800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2019
Closed on
Jan 11, 2021
Sold by
Jjg Real Estate Llc
Bought by
Exclusive Resorts Ny Park Avenue Llc
Seller's Agent
Rob Halperin
Compass
List Price
$4,995,000
Sold Price
$4,995,000
Current Estimated Value
$4,237,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$757,462
Avg. Annual Appreciation
-3.38%

Purchase Details

Closed on
Dec 13, 2007
Sold by
Rfd 55Th Street Llc
Bought by
Jjg Real Estate 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
Exclusive Resorts Ny Park Avenue Llc $4,225,000 --
Jjg Real Estate Llc $5,150,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2021 01/11/21 Sold $4,995,000 0.0% $2,170 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
05/19/2004 05/19/04 For Sale $4,995,000 -- $2,170 / Sq Ft
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 $68,785 $547,524 $152,870 $394,654
2024 $68,785 $550,188 $152,870 $397,318
2023 $65,437 $533,443 $152,870 $380,573
2022 $67,993 $555,727 $152,870 $402,857
2021 $63,249 $515,602 $152,870 $362,732
2020 $65,430 $582,488 $152,870 $429,618
2019 $61,803 $565,672 $152,870 $412,802
2018 $57,589 $570,353 $152,870 $417,483
2017 $54,313 $532,954 $152,870 $380,084
2016 $51,817 $478,771 $152,870 $325,901
2015 $18,720 $431,381 $152,870 $278,511
2014 $18,720 $395,229 $152,870 $242,359
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10623088

Real Estate Board of New York (REBNY)

APN: 1290-1176