$16,500,000
SOLD OCT 2, 2013
3 Beds
6 Baths
3,700 Sq Ft
$5,508/mo HOA Fee

Recently Sold

$4,459 Per Sq Ft

12% Below List Price

340 Days on Market

Highlights

  • Pre War Building
  • 3-minute walk to 5 Avenue-53 Street
  • 4-minute walk to Grand Army Plaza
  • P.S. 59 Beekman Hill International Rated A
  • Garage

About This Home

As of November 2023

A masterpiece of sophisticated style and livable design, sits on the premier corner of Trump Tower affording a magnificent residence with truly spectacular views of Central Park and the City from this world class location. This 3,700 square feet loft like apartment which is the result of a seamless, well executed combination of 10 rooms into 7, offers a dramatic living and entertaining area, floor to ceiling windows(1 of only 2 apartments in the building as owner has replaced over 40 windows), open chef's kitchen, wet bar area facing the park, oversized laundry room and a separate corner office/den with an LCD panel privacy glass, all with sweeping exposures north to Central Park, west and south to the City displaying many of New York's most iconic landmarks, such as the top of the glorious Crown Building and the Empire State Building, as your views. The grand master bedroom suite, which includes a Master bath the size of most people's bedroom with heated Bisazza marble floors overlooking Central Park and includes room-size customized "His & Her's" closets and a separate powder room in the dressing room. On the other wing of the houses, which can be accessed separately, contain two beautiful X-Large corner bedrooms and two baths with a separate kitchen for this area. A Crestron smart home and finger scan security system completes this dream apartment. This is a trophy apartment and is irreplaceable. Located in the world famous Trump Tower on 721 Fifth Avenue, the landmarkSkyscraper is one of the most recognizable and greatest residential skyscrapers in the world. It sits between East 56th and East 57th Streets; Trump Tower takes its space among some of Manhattan's most exclusive neighbors on Fifth Avenue, including The Plaza Hotel, Bergdorf Goodman, Tiffany's, Louis Vuitton, and The Gucci flagship store which occupies the buildings retail space.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $67,308

Year Built

  • Built in 1983

HOA Fees

  • $5,508 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 3,700 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 6 Bathrooms

Community Details

  • Trump Tower Condos
  • Midtown Subdivision
  • 58-Story Property

Listing and Financial Details

  • Tax Block 1292

Property Details

Home Type

Condominium

Est. Annual Taxes

$67,308

Year Built

Built in 1983

Lot Details

0

HOA Fees

$5,508 per month

Listing Details

  • Cross Street: East 56th & 57th Streets
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: MIDTOWN
  • Architectural Style: Prewar
  • Entry Level: 99
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 58

Interior Features

  • Living Area: 3700.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7

Beds/Baths

  • Bathrooms Integer: 6
  • Bedrooms: 3

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 5508.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: Trump Tower
  • Total Stories: 58
  • Year Built: 1983

Tax Info

  • Tax Block: 1292
  • Tax Annual: 67308.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Nov 21, 2023
Sold by
Seapack Fgh Llc
Bought by
Orfali Jacob and Orfali Shelly
Seller's Agent
Rana Williams
Keller Williams NYC
List Price
$8,495,000
Sold Price
$6,125,000
Premium/Discount to List
-$2,370,000
-27.9%
Total Days on Market
340
Views
15
Current Estimated Value
$5,938,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$186,773
Avg. Annual Appreciation
-2.02%

Purchase Details

Closed on
Sep 17, 2019
Sold by
Seapack Holdings Inc
Bought by
Seapack Fgh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,200,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2014
Sold by
Legal 1031 Holdings 1787R Llc and % Cohen & Frankel Llp
Bought by
Seapack Holdings Inc

Purchase Details

Listed on
Feb 14, 2012
Closed on
Sep 30, 2013
Sold by
Chodorow Jeffrey R and Chodorow Linda M
Bought by
Legal 1031 Holdings 1787R Llc
List Price
$18,800,000
Sold Price
$16,500,000
Premium/Discount to List
-$2,300,000
-12.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.38%

Purchase Details

Closed on
Dec 17, 2004
Sold by
Cheers N V N and Cheers Sam D
Bought by
Chodorow Jeffrey and Chodorow Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $6,125,000 --
Deed -- --
Deed -- --
Deed -- --
Deed $16,500,000 --
Deed $16,500,000 --
Deed $2,300,000 --
Deed $2,300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,300,000 Unknown
Previous Owner $4,200,000 Purchase Money Mortgage
Previous Owner $3,425,040 No Value Available
Previous Owner $300,000 No Value Available
Previous Owner $975,000 Purchase Money Mortgage
Previous Owner $300,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2023 11/21/23 Sold $6,125,000 -27.9% $1,675 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
08/15/2023 08/15/23 For Sale $8,495,000 +38.7% $2,323 / Sq Ft
07/17/2023 07/17/23 Off Market $6,125,000 -- --
06/01/2023 06/01/23 For Sale $9,750,000 -40.9% $2,666 / Sq Ft
10/02/2013 10/02/13 Sold $16,500,000 -12.2% $4,459 / Sq Ft
09/02/2013 09/02/13 Pending -- -- --
09/26/2012 09/26/12 For Sale $18,800,000 -- $5,081 / 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
2024 $106,813 $854,364 $165,189 $689,175
2023 $107,291 $874,628 $165,189 $709,439
2022 $103,461 $896,641 $165,189 $731,452
2021 $101,066 $823,882 $165,189 $658,693
2020 $42,071 $855,214 $165,189 $690,025
2019 $96,798 $825,117 $165,189 $659,928
2018 $91,409 $867,405 $165,189 $702,216
2017 $82,483 $812,626 $165,189 $647,437
2016 $77,032 $765,824 $165,189 $600,635
2015 $12,491 $225,265 $48,549 $176,716
2014 $12,491 $155,862 $48,548 $107,314
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10470550

Real Estate Board of New York (REBNY)

APN: 1292-1071