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  • $11,954,900

    525 Park Ave #Penthouse, New York, NY 10065

    3beds
    4,410sqft
    Condominium
    Built in 1915
    -- sqft lot
    $11,954,900 Zestimate®
    $2,711/sqft
    $23,500 Estimated rent

    Home value

    $11,954,900

    $10.28M - $13.75M

    $23,500/mo

    Zestimate® history
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    What's special

    Large Wrap Terrace on Park This stunning pre-war condominium penthouse represents New York City living at its finest. Entering the penthouse through a private vestibule, one is greeted by a wide (24ft x 7ft) gallery featuring oversized windows facing north, south, and west onto an enormous wrap terrace that envelopes the apartment. The interior of the apartment is in mint condition, with every detail has been meticulously crafted to create a seamless flow between rooms. The formal corner dining room is the perfect place to host dinner parties. The eat-in kitchen is a chef's dream, with top-of-the-line appliances, custom cabinetry, and finishes which surround an oversized marble-topped center island. This immaculate penthouse has eight generously proportioned rooms, including three bedrooms, 4.5 bathrooms, a formal dining room, a corner living room, an eat-in kitchen, and a stately wood-paneled library. This apartment also features a laundry room and flexible space, perfect for a home gym or office. For those who love to entertain, PHA is a dream come true; the spacious living room and dining room offer ample space for guests, while the terrace provides the perfect setting for al fresco dining and cocktails. The apartment's crown jewel is its expansive (over 2,300 square feet!) wraparound terrace, which provides breathtaking views of the city skyline and a peaceful outdoor escape. An irrigation system is in place to maintain the beautiful array of plants that line the perimeter of the terrace to create a sense of nature and privacy. The terrace is also wired for electrical and has beautiful lighting installed. Whether you're relaxing with a book or hosting a soirée, the terrace is the perfect place to do it all. The arrangement of bedrooms is equally as excellent, with the primary bedroom accessible to the left of the penthouse entrance through a cozy, paneled library. The spacious bedroom features beautiful walk-in closets and an ensuite bath. Just down the hall, there are two well-appointed bedrooms, each with its own bath. These rooms could be maintained as bedrooms, or transformed into a home office/guestroom. Additionally, the powder room is tucked away off the entrance hall in just the right place. The location of this full-service, white-glove, pre-war condominium on Park Avenue between 60th Street and 61st Street makes it a must-have for anyone wishing to live with great privacy in splendor. From this highly coveted location, one has ability to easily shop on Madison Avenue, and dine in all the fine restaurants of Midtown Manhattan and the Upper East Side. Penthouse A at 525 Park Avenue is truly the escape from the city, within the city, that one wishes for. Make your wish come true! Please get in touch with us today to schedule a private viewing. Penthouse Features: - Abundant Natural Light from All 4 Exposures - Interior Living Space: Approximately 4,410 Square Feet - Wraparound Terrace: Approximately 2,370 Square Feet - 3 Full Bedrooms Plus a Staff Room - Wood-paneled Library - Wood Burning Fireplace - Pristine Hard Wood Floors - Laundry Room - Central A/C (3 Zones)

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kathleen Sloane,

    Brown Harris Stevens,

    Curtis Sloane

    Source: StreetEasy,MLS#: S1653798

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Cooling
    • Central Air
    Appliances
    • Included: Washer/Dryer
    • Laundry: Inside
    Features
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 4,410
    • Total interior livable area: 4,410 sqft

    Property

    Features
    • Patio & porch: Terrace
    • Exterior features: Terrace
    • Has view: Yes
    • View description: City, Park/Greenbelt
    Details
    • Parcel number: 013951248
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Condition
    • Year built: 1915

    Community & HOA

    Community
    • Features: Doorman, Full Time Doorman
    • Security: Doorman, Full-Time Doorman
    • Subdivision: Lenox Hill
    HOA
    • Has HOA: Yes
    • Amenities included: Laundry, Elevator(s)
    • Services included: Maintenance
    • HOA fee: $8,362 monthly
    Location
    • Region: New York

    Financial & listing details

    • Price per square foot: $2,711/sqft
    • Tax assessed value: $3,562,905
    • Annual tax amount: $153,816
    • Date on market: 3/28/2023

    Price history

    DateEventPrice
    10/4/2024Listing removed$4,000,000$907/sqft
    Source: StreetEasy #1717145 Report a problem
    8/9/2024Pending sale$4,000,000$907/sqft
    Source: StreetEasy #1717145 Report a problem
    5/15/2024Listed for sale$4,000,000-68.4%$907/sqft
    Source: StreetEasy Report a problem
    8/1/2023Sold$12,675,000+111.3%$2,874/sqft
    Source: StreetEasy #S1653798 Report a problem
    12/19/2020Listing removed$30,000$7/sqft
    Source: Brown Harris Stevens Report a problem
    11/16/2020Price change$30,000-14.3%$7/sqft
    Source: Brown Harris Stevens Report a problem
    10/17/2020Price change$35,000-12.5%$8/sqft
    Source: Brown Harris Stevens Report a problem
    10/9/2020Listed for rent$40,000$9/sqft
    Source: Brown Harris Stevens Report a problem
    2/10/1999Sold$6,000,000-68.3%$1,361/sqft
    Source: Public Record Report a problem
    8/25/1997Sold$18,900,000$4,286/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$163,205 +5.4%$1,603,308 +19.8%
    2024$154,840 +3.7%$1,338,726 +9.1%
    2023$149,359 $1,227,528 -0.7%
    2022-- $1,236,774 +10.2%
    2021-- $1,121,867 -11.5%
    2020-- $1,267,714 +2.7%
    2019$111,913 -16.9%$1,233,977 +8.8%
    2018$134,712 -0.2%$1,133,910 +1%
    2017$134,993 -0.3%$1,122,722 +1.1%
    2016$135,388 $1,110,392 +32.7%
    2015$135,388 +208.9%$836,849 -30.8%
    2014$43,825 $1,209,309 +9.9%
    2013-- $1,100,052 +3.1%
    2012-- $1,066,829 +5.2%
    2011-- $1,014,084 +41.8%
    2010-- $715,394 +30.9%
    2009-- $546,591
    Find assessor info on the county website

    Neighborhood: Upper East Side

    Nearby schools

    GreatSchools rating