$5,995,000

Estimated payment $39,048/month

Total Views 14,085
3 Beds
3.5 Baths
2,520 Sq Ft
$2,379 Price per Sq Ft

Highlights

  • Wood Flooring
  • 3-minute walk to Park Place (S Line)
  • Library
  • Park or Greenbelt View
  • Home Gym
  • 2-minute walk to Stroud Playground

About This Home

Welcome to Apartment 5A at 515 Park Avenue, a testament to luxurious living, where the elegance of a bygone era meets contemporary sophistication. Upon entering, you're greeted by the exquisite herringbone floors, their light stain signaling a modern touch within a space designed with prewar inspiration. The expansive layout of this residence, a three-bedroom, 2.5-bathroom home features generously proportioned rooms and high ceilings. These elements, combined with the oversized windows, bathe the apartment in natural light while offering stunning views of Park Avenue. This home's heart lies in the chef’s kitchen, a culinary dream equipped with premium commercial-grade appliances, a Subzero refrigerator, marble countertops, and bespoke windowed cabinetry. The oversized entry gallery that connects the bedrooms, each with en-suite bathrooms, emphasizes privacy and flow. The formal living and dining rooms, alongside a generous library, are illuminated by oversized windows, making this apartment an ideal space for entertainment or relaxation. Further elevating the residence are recent upgrades that include fine woodwork, individual climate control, and wiring for surround-sound stereo systems. The apartment also features a discreet half bath for guests, an in-unit laundry room with washer/dryer, and a kitchen with a service entrance and direct elevator access, encapsulating the essence of thoughtful and luxurious design. 515 Park Avenue, designed by Frank Williams & Associates, is a post-modern condo building that seamlessly integrates the Italian Renaissance-palazzo style with modern amenities and services. Residents benefit from white-glove service, including full-time doormen, concierges, and valets, as well as access to a state-of-the-art gym, a private dining/meeting room with a fully-equipped catering kitchen, and a tranquil library. The exclusivity extends to private, climate-controlled wine cellars and individual storage rooms, with only 30 apartments across 43 stories, ensuring a unique and intimate living experience. Situated in a serene yet convenient location close to the Midtown Business District, this apartment is moments away from renowned stores, boutiques, restaurants, and cultural institutions, with excellent public transportation options readily available. The living room’s views of Central Park provide a serene backdrop, encapsulating the ultimate New York City living experience. Apartment 5A at 515 Park Avenue isn’t just a residence; it’s a sanctuary within the city, offering a lifestyle of unparalleled luxury and convenience.

Listing Agent

Michael Meier

Sothebys International Realty License #10301218992 Listed on: 04/24/2024

Sothebys International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,228

Year Built

  • Built in 1999

HOA Fees

  • $4,837 Monthly HOA Fees

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 2,520 Sq Ft Home
  • Library
  • Home Gym
  • Wood Flooring
  • Park or Greenbelt Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms

Listing and Financial Details

  • Legal Lot and Block 7501 / 01394

Community Details

Overview

  • 57 Units
  • Lenox Hill Subdivision
  • 42-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,228

Year Built

Built in 1999

Lot Details

6,025 Sq Ft Lot

HOA Fees

$4,837 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Lenox Hill
  • Entry Level: 5
  • Structure Type: High Rise, Multi Family
  • Pets No Pets Comments: Pets Allowed.,
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 42

Interior Features

  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 2520.0
  • Living Area Units: Square Feet
  • Basement: No
  • Dining Room Type: Gym, Library

Beds/Baths

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

Exterior Features

  • View: See Remarks
  • View: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common On Floor, Common Area, In Unit
  • Green Building Features: Concierge, Elevator(s), Fitness Center
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 4837.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 6025.2
  • Lot Size Dimensions: 60.000000x100.420000

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished

Building Info

  • New Construction: No
  • Units: 57
  • Total Stories: 42
  • Year Built: 1998

Tax Info

  • Tax Block: 01394
  • Tax Lot: 7501
  • Tax Annual: 24228.0

Multi Family

  • Building Area Units: Square Feet

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $29,997 $256,564 $87,739 $168,825
2025 $30,493 $239,976 $87,739 $152,237
2024 $30,493 $243,906 $87,739 $156,167
2023 $29,366 $234,890 $87,739 $147,151
2022 $22,941 $227,808 $87,739 $140,069
2021 $25,204 $205,463 $87,739 $117,724
2020 $29,676 $306,961 $87,739 $219,222
2019 $28,709 $300,094 $87,739 $212,355
2018 $33,466 $288,816 $87,739 $201,077
2017 $32,113 $288,548 $87,739 $200,809
2016 $31,218 $272,940 $87,739 $185,201
2015 $19,157 $240,368 $87,740 $152,628
2014 $19,157 $224,936 $87,740 $137,196
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
09/13/2024 09/13/24 Price Changed $5,995,000 -4.1% $2,379 / Sq Ft
07/17/2024 07/17/24 Price Changed $6,250,000 -10.7% $2,480 / Sq Ft
05/28/2024 05/28/24 Price Changed $6,995,000 -12.6% $2,776 / Sq Ft
04/24/2024 04/24/24 For Sale $8,000,000 -- $3,175 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 Type Sale Price Title Company
Condominium Deed $3,309,500 First American
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10989473

Real Estate Board of New York (REBNY)

APN: 1394-1064

Your Personal Tour Guide

Ask me questions while you tour the home.