525 Park Avenue, Unit 5C

Lenox Hill

$5,850,000
Price
2
Beds
2
Baths
1,837 Sq. Ft.
$3,185 / Sq. Ft.
1,837
Sq. Ft.
$3,185
per Sq. Ft.

Description

This bright corner unit on the fifth floor of a white-glove pre-war Condo has been recently renovated and feels fresh and current. A large entrance gallery sets the tone for this gracious, high-ceilinged apartment. The gallery leads to a beautifully-appointed living room with both south and west facing windows with views extending south down Park Avenue. The room is centered on a decorative fireplace which is flanked on either side by built-in window seats. A columned archway leads you into a grand...This bright corner unit on the fifth floor of a white-glove pre-war Condo has been recently renovated and feels fresh and current. A large entrance gallery sets the tone for this gracious, high-ceilinged apartment. The gallery leads to a beautifully-appointed living room with both south and west facing windows with views extending south down Park Avenue. The room is centered on a decorative fireplace which is flanked on either side by built-in window seats. A columned archway leads you into a grand dining room that can easily seat ten or more. Behind the dining room is a beautiful renovated kitchen, featuring gleaming white countertops and all new high-end appliances including a washer/dryer. The two bedrooms are located at the east wing of the apartment and face the serene townhouse gardens at the back of the building. The primary bedroom has an ensuite bathroom and two built-in closets and plenty of storage. The second bedroom, also with ensuite bath, is bright and airy with two courtyard facing windows that offer light and tranquility. 525 Park Avenue is a premier white glove condominium located on Park Avenue and 61st Street. Built in 1914 by architects Schwartz and Gross it is one of the rare pre-war condos on Park Avenue. The proximity to world class shopping, galleries, museums and Central Park make this a highly desirable location. There is a Working Capital Contribution equal to one month's common charges and real estate taxes payable by the purchaser.

Property Details for 525 Park Avenue, Unit 5C

Zoning
R10
View
City

Location

Listing Courtesy of Corcoran Group
Add your commute
LISTING UPDATED: 04/18/2024 10:33 AM

Property Details for 525 Park Avenue, Unit 5C

StatusActive
MLS IDRPLU-33422537569
Days on Market317
Taxes$1,534 / month
Common Charges$2,574 / month
Min. Down Pymt10%
Total Rooms5.5
Compass TypeCondo
MLS TypeCondo
Year Built1915
CountyNew York County

Building

525 Park Ave

48 Units15 StoriesBuilt in 1915

Location

Listing Courtesy of Corcoran Group
Add your commute

Building Information for 525 Park Avenue, Unit 5C

Building/Complex525 Park AveFloor5Stories15Residences48Pet PolicyAllowedYear Built1915Building AgePre-warBuilding TypeMidrise

Payment Calculator

$40,025 per month

30 year fixed, 7.25% Interest

Principal and Interest

$35,917

Property Taxes

$1,534

Maintenance/Common Charges

$2,574

The Payment Calculator is for illustrative purposes only.

Property Information for 525 Park Avenue, Unit 5C

Summary
Location and General Information
  • Subdivision Name: Lenox Hill
  • Stories Total: 16
  • Exposures: East, West, South
  • Garage Spaces: 0.0
  • View: Yes
Taxes and HOA
  • Tax Lot: 1214
  • Tax Deduction Percent: .00%
  • Tax Block: 01395
  • Association Fee Frequency: Monthly
  • Flip Tax: $0
  • Building Tax Lot: 7503
  • Tax Monthly Amount: 1563.0
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 1837.0
  • Living Area Units: SquareFeet
  • Building Name: 525 PARK AVE CONDO
Building Information
  • Building Features: Storage, Concierge
  • Landmark Status YN: false
  • Building Smoke Free YN: true
  • Building Laundry Features: Other
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: true
Property and Assessments
  • New Development: No
  • Building Rules: BuildingWasherDryerAllowed
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: Condominium
  • Number Of Shares: 0
  • New Construction: No
  • Structure Type: HighRise
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Exterior Features: None
  • Patio And Porch Features: None
Interior Features
  • Cooling: CentralAir
  • Entry Level: 5
  • Appliances: WasherDryerAllowed
  • Fireplace Features: Decorative
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Dining Type: Formal
  • Kitchen Condition: Excellent
  • Floor Number: 5
  • Basement: No
  • Cooling: Yes
  • Laundry Features: InUnit
  • Bathroom Condition: Excellent
  • ElevatorsTotal: 4
Multi Family
Multi-Family Information
  • Unit Line: C
  • Number Of Units Total: 55
Rental
Rental Information
  • Pets Allowed: UnitYes
  • Delivered Vacant: Yes
  • Attendance Type: DoormanFullTime, ConciergeYes
  • Land Lease: No

Property History for 525 Park Avenue, Unit 5C

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 525 Park Avenue, Unit 5C

Taxable ValueLand$48,112Additions$113,378Total$161,490
Home Facts
Total Finished SqFt1,373 SqFtLot Size0 SqFtYear Built1915ZoningR10APN1013951214

Schools near 525 Park Avenue, Unit 5C

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
East Side Elementary School, PS 267
PublicK to 5

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Jhs 167 Robert F Wagner
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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525 Park Avenue, Unit 5C is a condo for sale in Lenox Hill. This property was listed for sale on June 20, 2023 by Corcoran Group, it's currently listed at $5,850,000. It has been on the market for a total of 317 days and was last sold on May 24, 2018. This listing's school district is New York City Geographic District # 2. Nearby schools include East Side Elementary School, PS 267, Nyc Lab Ms For Collaborative Studies and Lower Manhattan Community Middle School. 525 Park Avenue, Unit 5C is a 2-bed, 2-bath, 1,837 sqft condo built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Group

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.