$1,675,000
SOLD JUN 11, 2024
3 Beds
2 Baths
1,708 Sq Ft
$3,227/mo HOA Fee

Recently Sold

$981 Per Sq Ft

24% Below List Price

199 Days on Market

Highlights

  • Rooftop Deck
  • 2-minute walk to 59 Street (4,5,6 Line)
  • High-Rise Condominium
  • East Side Elementary School, P.S. 267 Rated A
  • River View
  • 3-minute walk to Grand Army Plaza

About This Home

As of June 2024

Elegant 3 bedroom 2 bath condo in the prestigious Park Avenue Tower Condominium. This sophisticated residence, located on the prime corner of 59th Street and Park Avenue and at one of New York City's most highly regarded Full-Service White-Glove Condominiums, features a bright corner living room with a wall of windows on Park Avenue, spacious enough to accommodate a separate dining room and entertaining area. With approximately 1,700 square feet, the apartment boasts a private wing with two large bedrooms and one separate third bedroom, perfect as a guest room. The main bathroom is spa-like with marble walls, a deep soaking tub, a standing shower, and a large window. Lots of closets and a Washer/Dryer in the apt.

The Tower was designed by renowned architect James Polshek, who was awarded the gold medal for outstanding architecture by the AIA - American Institute of Architects. The building features a full-time Doorman, Concierge, Roof garden, and a live-in Resident Manager.Just two blocks from Central Park, close to all World-Class shopping and dining, and conveniently located near the 4,5, 6, N, and F trains make it the perfect location for a Pied-à-Terre or first home.

Last Agent to Sell the Property

Gisela Vergara

Corcoran Group License #30FU0976786

Corcoran Group

Co-Listed By

Shawn Felker

Corcoran Group License #30FE0981164

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $35,688

Year Built

  • Built in 1959

HOA Fees

  • $3,227 Monthly HOA Fees

Interior Spaces

  • 1,708 Sq Ft Home
  • River Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed

Utilities

  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 1012 / 01294

Community Details

Overview

  • 53 Units
  • High-Rise Condominium
  • 500 Park Avenue Tow Condos
  • Midtown East Subdivision
  • 40-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$35,688

Year Built

Built in 1959

Lot Details

0

HOA Fees

$3,227 per month

Listing Details

  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown East
  • Entry Level: 16
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Pets No Pets Comments: Pets Allowed,Building Pets Allowed Comments:Pets Allowed
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 40

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1708.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: River
  • View: Yes
  • Exterior Features: Building Roof Deck, None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building Other, In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3227.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: 500 PARK AVENUE TOW
  • Units: 53
  • Total Stories: 40
  • Year Built: 1959

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01294
  • Tax Lot: 1012
  • Tax Annual: 35688.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $1,675,000 -16.0% $981 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
02/05/2024 02/05/24 Price Changed $1,995,000 -9.1% $1,168 / Sq Ft
09/21/2023 09/21/23 For Sale $2,195,000 -- $1,285 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $36,414 $291,262 $97,239 $194,023
2023 $35,802 $291,854 $97,239 $194,615
2022 $35,595 $291,369 $97,239 $194,130
2021 $32,868 $267,939 $97,239 $170,700
2020 $35,923 $300,178 $97,239 $202,939
2019 $34,804 $303,087 $97,239 $205,848
2018 $33,130 $292,078 $97,239 $194,839
2017 $31,355 $285,407 $97,239 $188,168
2016 $29,950 $259,270 $97,239 $162,031
2015 $17,816 $239,978 $97,239 $142,739
2014 $17,816 $225,690 $97,239 $128,451
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $1,675,000 --
Deed $800,000 Chicago Title
Deed $800,000 Chicago Title
Source: Public Records

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10970603

Real Estate Board of New York (REBNY)

APN: 1294-1012