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50 Park Avenue, #8FG

$1,650,000 | 3 beds, 2 baths
View Full Building Profile  | 
29 days on Market

Key Details

  • Listed: Apr 9, 2024
    Days on Market: 29
    Building Type: Cooperative
    Neighborhood: Murray Hill (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $3,953
Est. Monthly Mortgage: $7,918
Total Est. Monthly Carrying Cost: $11,871
Note: the above is based on a down payment of 30% ($495,000), which is the minimum amount permitted by the building.

Description



RARE & SPACIOUS PARK AVENUE HOME.

ORIGINAL CONDITION & GREATLAYOUT. Welcome to this bright double corner, 1,950 gross square foot, split 3-bedroom and 2-bathroom apartment. As you enter immediately into a massive living and dining area that stretches (24’8" X 21’3").

The centrally located kitchen is ideal for those who like to entertain, and gather everyone around for holidays. There are 3 bedrooms; the primary bedroom (18’5" X 11’10") has a walk-in closet and a double exposure. The other two bedrooms are on opposite side of the living area, and one has a double exposure.

The two full size bathrooms are on both sides of the apartment. Enjoy great light and views, facing east to Park Avenue and south to the Union League building and west down 37th Street, where you will enjoy breezes through 9 big windows, and triple exposures. Overall features of this home include: 8 closets, hardwood floors, air conditioners (windowed/through the wall), radiator heat, a washing machine, and 8’7" high tray ceilings.

Architect George F. Pelham, Jr.

built this magnificent 17-story residential building in 1940. This full service white glove cooperative building is centrally located among many New York City landmarks, and features include: A landscaped roof terrace with panoramic views, central laundry room, bike racks, storage lockers,
live-in superintendent, and friendly and efficient 24-hour doormen. Pied-a-terre/co-purchasing/gifting, and financing up to 70% is permitted with board approval.

The maintenance allows for up to a $10,000 annual tax deduction. Pet friendly.

50 Park Avenue is in prime Murray Hill, close to Fifth Avenue, and easily accessible to transportation and lifestyle amenities. The #6 train at 33rd street, as well as the Madison Avenue and Lexington Avenue bus lines, Grand Central Terminal/Metro North, and the new NoMad Whole Foods are all moments away.

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Apartment Amenities

  • City View
Listing courtesy of Brown Harris Stevens Residential Sales LLC

Pricing History

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About 50 Park Avenue

65

50 Park Avenue has received a CityRealty Rating of 65, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

20
Out of 44
+
25
Out of 36
+
12
Out of 39
+
8
=
65
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Conversion Year: 1972
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Rooftop Terrace
  • Elevator

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Pros
  • Roof deck
  • Sidewalk landscaping
  • Designed in 1940 by George F. Pelham Jr.
  • Canopied Entrance
  • Close to Grand Central Terminal
  • Close to The Morgan Library
  • Close to Subway
Cons
  • Protruding air-conditioners
  • Considerable traffic
  • No garage
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Subways

  1. 6
at Park Ave 0.24 miles
  1. 5
  2. 4
  3. 7
at Madison Ave and 42nd 0.24 miles
  1. M
  2. B
  3. D
  4. F
at 5th-6th Aves and 42nd 0.32 miles
  1. N
  2. Q
  3. R
at Broadway and 35th 0.39 miles

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