NOT LISTED FOR SALE

Estimated Value: $2,644,000 - $3,482,000

2 Beds
2.5 Baths
1,784 Sq Ft
$4,285/mo HOA Fee

Last Sold April 02, 2024

Last sale price $2,400,000 $1,345 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $24,597/month

238 Days on Market

Highlights

  • Valet Parking
  • 3-minute walk to 5 Avenue-53 Street
  • City View
  • P.S. 59 Beekman Hill International Rated A
  • Health Club
  • 4-minute walk to Grand Army Plaza

About This Home

As of April 2024

RARE OPPORTUNITY TO CREATE YOUR MASTERPIECE ALL FACING CENTRAL PARK!
Perched high in the building with all major rooms facing Central Park, this generously proportioned 1,784 sq. ft. RARE K apartment, originally 2 bedrooms, 2.5 bathrooms has undergone full demolition and awaits the purchaser ready to create their dream home. Bring your designer TODAY. Priced to sell at $2,995,000!!!

Trump Tower is located at 721 Fifth Avenue. This famed condominium offers full-time doorman and concierge service, attended elevators, with valet, laundry and housekeeping services available to residents. Added in 2021 is a fabulous brand new amenity floor offering a fitness center including Peloton bikes, a circuit training space and a stretching corner, a private yoga studio, a coffee/wet bar, a residential lounge, private event space, chef's table, stadium seating movie theater, library, business center, conference rooms, children's playroom, billiards room and more. World-renowned luxury shops, hotels, restaurants and entertainment venues, including The Plaza Hotel, Bergdorf Goodman, Tiffany's, Gucci, Armani and Louis Vuitton, surround this incredible building.

Last Agent to Sell the Property

Rana Williams

Keller Williams NYC License #30WI0804989 Listed on: 08/15/2023

Keller Williams NYC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $53,556

Year Built

  • Built in 1983

HOA Fees

  • $4,285 Monthly HOA Fees

Home Design

  • Entry on the 52nd floor

Interior Spaces

  • 1,784 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • North Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 4/2/24
  • Tax Block 01292

Community Details

Overview

  • Trump Tower Condos
  • Midtown Center Subdivision

Amenities

  • Valet Parking
  • Children's Playroom
  • Elevator

Recreation

  • Health Club

Property Details

Home Type

Condominium

Est. Annual Taxes

$53,556

Year Built

Built in 1983

Lot Details

0

HOA Fees

$4,285 per month

Listing Details

  • Cross Street: East 56th Street
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown Center
  • Entry Level: 52
  • Structure Type: None
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Living Area: 1784.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Valet

Utilities

  • Laundry Features: Building Inside, None
  • Green Building Features: Common Playroom, Elevator(s), Health Club
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 4285.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

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

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2024-04-02

Tax Info

  • Tax Block: 01292
  • Tax Lot: 0000
  • Tax Annual: 53556.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Apr 1, 2024
Sold by
Seapack Holdings Inc
Bought by
Ess Rocket 1 Lp
Seller's Agent
Rana Williams
Keller Williams NYC
List Price
$2,995,000
Sold Price
$2,400,000
Premium/Discount to List
-$595,000
-19.87%
Views
386
Current Estimated Value
$3,029,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$629,548
Avg. Annual Appreciation
14.97%

Purchase Details

Closed on
Oct 13, 2011
Sold by
Estate Of Natalie S Marcus and Skadden %
Bought by
Seapack Holdings Inc

Purchase Details

Closed on
Oct 23, 1996
Sold by
Dragoti Stan
Bought by
Marcus Natalie S

Purchase Details

Closed on
Jul 9, 1996
Sold by
Sbarro Joseph
Bought by
Dragoti Stan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ess Rocket 1 Lp $2,400,000 --
Ess Rocket 1 Lp $2,400,000 --
Seapack Holdings Inc $5,400,000 --
Seapack Holdings Inc $5,400,000 --
Marcus Natalie S $4,552,500 --
Marcus Natalie S $4,552,500 --
Dragoti Stan $5,363,750 Chicago Title Insurance Co
Dragoti Stan $5,363,750 Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2024 04/02/24 Sold $2,400,000 -19.9% $1,345 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
08/15/2023 08/15/23 For Sale $2,995,000 +24.8% $1,679 / Sq Ft
07/17/2023 07/17/23 Off Market $2,400,000 -- --
06/21/2023 06/21/23 Price Changed $3,500,000 -90.0% $1,962 / Sq Ft
06/01/2023 06/01/23 For Sale $35,000,000 -- $19,619 / 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 $52,326 $410,106 $80,932 $329,174
2024 $52,326 $418,541 $80,932 $337,609
2023 $52,560 $428,468 $80,932 $347,536
2022 $50,684 $439,252 $80,932 $358,320
2021 $49,511 $403,609 $80,932 $322,677
2020 $49,239 $418,958 $80,932 $338,026
2019 $47,421 $404,214 $80,932 $323,282
2018 $44,782 $424,930 $80,932 $343,998
2017 $40,410 $398,095 $80,932 $317,163
2016 $37,740 $375,168 $80,932 $294,236
2015 $13,882 $375,535 $80,932 $294,603
2014 $13,882 $259,838 $80,932 $178,906
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10946386

Real Estate Board of New York (REBNY)

APN: 1292-1177