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$13,230,000
List Price: $13,500,000
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525 Park Avenue #4N
Condo in Lenox Hill •  building info
4bd • 5.5ba • 4,000ft² $3,375 per ft²
Buy with Yoreevo

$13,230,000

List Price

$13,500,000

Key Details
Days on market
50
Last price change
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Estimated payment
$85,968/mo
Taxes
$3,658/mo
Common charges
$7,500/mo
Description
525 Park Avenue Pre-War Condominium | 12 Rooms The building 525 Park Avenue is situated on Park Avenue and 61st Street, in the heart of one of the most prestigious and sought-after locations in Manhattan. 525 Park Avenue is a fabulous and impressive pre-war building designed by the world renowned architectural firm of Schwartz and Gross in 1914 and completed in 1915, in the Italian Palazzo style. The building was converted to a condominium in 1989. At that time, the developer purchased the air rights of surrounding buildings and created three beautiful penthouses with wrap-around terraces, adding to the stature of this impressive building. The Allure of Park Avenue Mall A grand-scale, 12-room corner residence, this exceptional home is surrounded by stone balconies and offers sweeping vistas of the tree-lined Park Avenue Mall in full bloom. From a private elevator landing, an elegant foyer opens into a magnificent corner living room, parlor, and expansive formal dining room all overlooking Park Avenue. Perfect for entertaining, this suite of rooms flows seamlessly, creating both a dramatic and inviting atmosphere. The private bedroom wing, discreetly situated off the foyer, is lined with closets and offers four spacious bedrooms and five full baths. The luxurious primary suite boasts two elegant bathrooms and generous custom closets, creating a true retreat. A large, windowed eat-in kitchen, accessible from the bedroom hall, features top-of-the-line appliances, abundant counter space, and a separate laundry room. Adjacent to the dining room, a handsome bar provides a refined space for serving cocktails, while a discreet powder room sits elegantly off the gallery. Designed for both grand entertaining and comfortable everyday living, this flexible floor plan adapts to every lifestyle. Should additional accommodations be desired, the renowned Regency Hotel that is celebrated for its fine dining, distinguished bar and business breakfasts is located conveniently across the street. Pre-war condominiums of this caliber are rare on Park Avenue. Ideally located in the heart of Manhattan, 525 Park Avenue places you moments from Central Park, world-class restaurants, and luxury boutiques along Madison and Fifth Avenues. This full-service building offers white-glove amenities including a doorman, concierge, and live-in resident manager. A fitness center is available on-site, with the Equinox Club and pool nearby for more extensive wellness options. Two parking garages are located within a block, and central air conditioning ensures year-round comfort throughout the apartment. Special Features 10-foot ceilings Major architectural detail crown moldings and raised doorways Central air throughout (2 zones) Private elevator landing Two entrances to the kitchen Huge custom-fitted closets Financing allowed LLcs allowed Trusts allowed Gym Equinox Health Center with pool around the corner Storage Two garages a block away

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Important Stuff
Washer/Dryer in unit
Elevator
Full Time Doorman
Home features
Central Air
Dishwasher
Hardwood floors
Private outdoor space

Balcony

View

Park

Building amenities
Services and facilities
Concierge
Fios Available
Laundry in Building
Parking

Garage

Building info

History
What it'll cost
Purchase price
$13,500,000
Asking Price: $13,500,000
Term
30 Years
Down Payment
$1,350,000 (10%)
Min: 10% (1,350,000)
Rate
6.25 %
Mortgage Amount
$12,150,000
Mortgage Payment
$74,810
Common Charges
$7,500
Taxes
$3,658
Estimated Yoreevo rebate
$270,000
Estimated closing cost
$734,000
Total monthly cost $85,968
Buy your dream home with us and get an estimated $270,000 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Sothebys International Realty

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