502 Park Avenue # PH27
Manhattan, NY, 10022 $ 10,950,000
Bedrooms4 Baths5.1 Sq 4,205 Monthly Estimate*
$ 72,777
for $10,950,000 with 4 bedrooms and 5 full baths, 1 half bath. This 4,205 square foot condo was built in 1927.
Investors Only - Offered Fully Furnished! Long term tenant in place paying $52,500 per month. Immaculate Park Avenue Penthouse with 360-degree landmark views. A private elevator entrance leads directly into this graciously proportioned full-floor penthouse, located in Park Avenue's premiere pre-war condominium. Spanning 4,205 Square Feet, PH27 boasts four bedrooms, five and a half baths, and open views in all directions.A formal entrance gallery leads to the 45-foot wide living room with a fireplace, adjoining wet bar and formal dining room, and three exposures overlooking the full expanse of Park Avenue. Adjacent to the dining room is a top-of-the-line windowed chef's kitchen and separate windowed breakfast nook with a custom built-in banquette.The primary suite occupies an entire private wing of this penthouse, including a graciously proportioned bedroom featuring a fireplace and three exposures with stunning Central Park and Park Avenue views, two windowed baths, and 7 closets including two walk-ins. Three additional graciously proportioned bedrooms with en-suite baths are tucked away in their own separate wing of the apartment.Every detail is impeccably curated with top-of-the-line finishes throughout such as solid oak herringbone floors, striking coffered ceilings with recessed lighting, custom moldings, handcrafted Italian brass doorknobs, Fior de Pesco marble baths with bowed white wood cabinetry and Watermark chrome-nickel fixtures. Additional special features include extensive custom closets, a windowed powder room, a large laundry room with a washer/dryer, multi-zone central air, motorized shades, and Savant smart home system throughout.502 Park Avenue is the Upper East Side's preeminent white-glove condominium. The 32-story building, designed by Goldner and Goldner in 1929 and originally named the Viceroy Hotel, later became the famed Hotel Delmonico. The hotel played host to bold-faced names including Bob Dylan and The Beatles, and long-term residents included Lucille Ball and Ed Sullivan. White-glove hotel-style services and amenities include 24-hour doorman and concierge, attentive full-time maintenance and security staff, housekeeping laundry services, live-in resident manager, and state-of-the-art fitness center.
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FeaturesGeneralInterior Features SeparateFormalDiningRoom
Cooling WallUnits
Exterior Features None
Zoning C5-3
HOA 7381.0
Garage Spaces 0.0
Patio/Porch Features None
Pets Allowed BuildingYes Yes
Year Built 1927
View City ParkGreenbelt River
Unit Number PH27
Property SubType Apartment
Building Name 502 PARK AVENUE CON
Assoc Fee Paid Per Monthly
County NewYork
New Construction No
Property Type Residential
Subdivision Name Lenox Hill
Garage Y/N No
Building Features Concierge GreenBuilding
Total Rooms 9
City NewYorkCity
View Y/N Yes
NumberOfUnitsTotal 122
Street Name PARK
Land Lease Y/N No
Virtual Tour https://my.matterport.com/show/?m=uDt4CQiNLxE&mls=1
Structure Type HighRise
Living Area Units SquareFeet
Standard Status Active
Tax Lot 1258
Property Sub Type Additional Apartment
Expected Active Date 2024-02-09
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InteriorBasement Other
Total Fireplaces 1
Fireplace Features Other
Total Stories 31
Basement (Y/N) No
Air Conditioning Y/N Yes
Fireplace Y/N Yes
Full Baths 5
Half Baths 1
Laundry Features BuildingInBasement InUnit
Total Bedrooms 4
Entry Level 32
Total Baths 6
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* Excluded FeaturesList ByLisa SimonsenListing Agent
Douglas Elliman Real EstateBroker
Affordability Calculator
- Monthly Principal & Interest
- $72,777
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Average List Price $4,285,378
Percent of Sale Price 61%
About Manhattan, NY 1,662,179 Population
8% Since 2002
$ 86,055 Median Income
39.14 Median Age
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1503813 Elementary School
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Pricing HistoryDate | Price | Price Change | Description |
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2/9/2024 | $10,950,000 | | Listed Price |