520 Park Avenue, home of the past week's top sale (The Corcoran Group)
Manhattan Sales:
- For the week ending February 3, 2023, $364,540,365 worth of transactions across 212 condo, condop, and cooperative deals were recorded
- 99 condo sales came to an aggregate price of $255,525,837
- Seven condop sales came to an aggregate price of $7,057,000
- 106 co-op sales came to an aggregate price of $101,627,528
In this article:
Between its Upper East Side address and Billionaires' Row-caliber height and amenities, 520 Park Avenue would appear to offer the best of both worlds. As such, resales have been rare at the Robert A.M. Stern-designed building. However, the full-floor Residence #23 was one of them and recently closed for $21,500,000. This came in below the last listed price of $23,000,000, but The Real Deal noted that it went for more than the sponsor sale of $20,011,613. The buyer conducted the transaction through a shell company, but the building counts Sir James Dyson among its notable residents. (P.S. For all the attention the towering new building has attracted, Park Avenue's prewar homes have not been forgotten -- a five-bedroom home at 1220 Park Avenue closed for $8,500,000 in the week's top co-op sale.)
The second-highest sale of the week took place at 378 West End Avenue, the combination of a new tower and a Schwartz & Gross-designed prewar building. Residence #2C, a spacious five-bedroom with a private terrace, closed for its asking price of $14,500,000.
The top downtown sale and third-highest overall took place at One Madison, a CetraRuddy-designed tower in the heart of the Flatiron District. Residence #41A closed for $11,605,000. The buyer and seller were only identified through LLCs, but it is several stories below Rupert Murdoch's massive spread. Mr. Murdoch sold his full-floor staff/guest apartment in October 2022, but the triplex penthouse remains on the market for $46,000,000 in a 25.8% reduction from the original asking price.
Top Sales
520 Park Avenue, #23C (The Corcoran Group)
From the Listing:
Spanning over 4,600 square feet, perched above Park Avenue, you are welcomed by a private key-locked elevator foyer lined with beautiful geometric patterned marble floors, leading to an impressive gallery with 11’ ceilings and a grand corner living room facing north and east with floor to ceiling bay windows that perfectly frame unobstructed views of Central Park and cityscape. Crafted for entertaining an adjacent library is accessible from the main gallery and living room leading into the formal dining room, all finished select-cut white oak herringbone floors and elegant moldings throughout.
A large windowed kitchen has beautiful open views and custom hand-painted millwork by Christopher Peacock, equipped with a center marble island, top-grade appliance package (Wolf, Sub-Zero & Miele), and Covelano marble countertops with a corner breakfast room perfect for casual dining. The corner primary bedroom suite features the iconic floor to ceiling bay window unique to this building with southern and eastern exposures with space for a sitting area, large walk-in closet, and two en-suite baths.
Spanning over 4,600 square feet, perched above Park Avenue, you are welcomed by a private key-locked elevator foyer lined with beautiful geometric patterned marble floors, leading to an impressive gallery with 11’ ceilings and a grand corner living room facing north and east with floor to ceiling bay windows that perfectly frame unobstructed views of Central Park and cityscape. Crafted for entertaining an adjacent library is accessible from the main gallery and living room leading into the formal dining room, all finished select-cut white oak herringbone floors and elegant moldings throughout.
A large windowed kitchen has beautiful open views and custom hand-painted millwork by Christopher Peacock, equipped with a center marble island, top-grade appliance package (Wolf, Sub-Zero & Miele), and Covelano marble countertops with a corner breakfast room perfect for casual dining. The corner primary bedroom suite features the iconic floor to ceiling bay window unique to this building with southern and eastern exposures with space for a sitting area, large walk-in closet, and two en-suite baths.
378 West End Avenue, #2C (Compass)
From the Listing:
With its classic and elegant floor plan with a huge garden terrace and two more outdoor spaces off the four upstairs bedrooms, this south-facing apartment feels like a wonderful residence outside the city while also having all of the elements of a great classic New York apartment. The stage for this beautiful apartment is set with its gracious entrance gallery which leads to a living room, formal dining room and library (with full bath for flexibility) that stretch across the over 50 foot south facing, garden terrace. A big eat in kitchen with butler’s pantry (crafted by Christopher Peacock with Sub-Zero and Wolf appliances) and a powder room tucked away in its own vestibule complete the downstairs of this home and tell you right away that this is a legacy apartment. Upstairs, an impressive primary bedroom suite with two dressing room size closets, a charming terrace and a bath that feels like a bath in a five star hotel and overlooks the downstairs garden terrace. The three additional secondary bedrooms all have ensuite baths and also overlook the private garden below.
With its classic and elegant floor plan with a huge garden terrace and two more outdoor spaces off the four upstairs bedrooms, this south-facing apartment feels like a wonderful residence outside the city while also having all of the elements of a great classic New York apartment. The stage for this beautiful apartment is set with its gracious entrance gallery which leads to a living room, formal dining room and library (with full bath for flexibility) that stretch across the over 50 foot south facing, garden terrace. A big eat in kitchen with butler’s pantry (crafted by Christopher Peacock with Sub-Zero and Wolf appliances) and a powder room tucked away in its own vestibule complete the downstairs of this home and tell you right away that this is a legacy apartment. Upstairs, an impressive primary bedroom suite with two dressing room size closets, a charming terrace and a bath that feels like a bath in a five star hotel and overlooks the downstairs garden terrace. The three additional secondary bedrooms all have ensuite baths and also overlook the private garden below.
8 Available Listings for Sale from $5,975,000
One Madison (CityRealty)
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Two Waterline Square, #37F (The Corcoran Group)
From the Listing:
Spectacular highest-floor three-bedroom, three and a half-bathroom duplex residence at Two Waterline Square features stunning floor-to-ceiling windows with dramatic views capturing the Hudson River to the south and iconic open New York City skyline to the east. The only residence with two private terraces located on each floor with elevator access to both levels. The top floor of this home offers an expansive living and dining room that opens out to a terrace, creating the ultimate space for seamless indoor and outdoor entertaining. The three bedrooms are located on the lower level, providing for privacy and comfort with en-suite bathrooms as well as a separate powder room on the main level above. The primary bedroom suite features two oversized walk-in closets with its own private terrace and a massive luxurious marble-clad five-fixture bathroom with heated floors.
Spectacular highest-floor three-bedroom, three and a half-bathroom duplex residence at Two Waterline Square features stunning floor-to-ceiling windows with dramatic views capturing the Hudson River to the south and iconic open New York City skyline to the east. The only residence with two private terraces located on each floor with elevator access to both levels. The top floor of this home offers an expansive living and dining room that opens out to a terrace, creating the ultimate space for seamless indoor and outdoor entertaining. The three bedrooms are located on the lower level, providing for privacy and comfort with en-suite bathrooms as well as a separate powder room on the main level above. The primary bedroom suite features two oversized walk-in closets with its own private terrace and a massive luxurious marble-clad five-fixture bathroom with heated floors.
1220 Park Avenue (CityRealty)
1220 Park Avenue, #15C (Sotheby's International Realty)
From the Listing:
This exquisite high floor, five-bedroom home which has been featured in House Beautiful, is the epitome of elegant living. The private elevator vestibule opens to a perfectly appointed entry gallery. The grand living room with 10-foot ceilings and a wood-burning fireplace boasts breathtaking Park Avenue views south, overlooking the Midtown skyline.
The adjacent library with a second wood-burning fireplace, flooded with light, also heralds this incredible view. The grand dining room, perfect for large gatherings, completes the gracious entertaining wing. The chef’s eat-in kitchen features state-of-the-art appliances such as a Sub-Zero refrigerator, a Wolf six-burner oven, a Miele dishwasher along with a separate butler’s pantry which includes a Sub-Zero wine and drinks fridge along with an ice maker. The expansive kitchen offers ample room for casual dining and opens up into a fabulous “Great Room” with a home office, all with stunning views of Central Park-- perfect for modern living.
This exquisite high floor, five-bedroom home which has been featured in House Beautiful, is the epitome of elegant living. The private elevator vestibule opens to a perfectly appointed entry gallery. The grand living room with 10-foot ceilings and a wood-burning fireplace boasts breathtaking Park Avenue views south, overlooking the Midtown skyline.
The adjacent library with a second wood-burning fireplace, flooded with light, also heralds this incredible view. The grand dining room, perfect for large gatherings, completes the gracious entertaining wing. The chef’s eat-in kitchen features state-of-the-art appliances such as a Sub-Zero refrigerator, a Wolf six-burner oven, a Miele dishwasher along with a separate butler’s pantry which includes a Sub-Zero wine and drinks fridge along with an ice maker. The expansive kitchen offers ample room for casual dining and opens up into a fabulous “Great Room” with a home office, all with stunning views of Central Park-- perfect for modern living.
2 Available Listings for Sale from $3,250,000
Notable Sales
Jessica Stam
Jessica Stam (Wiki Commons); The Petersfield, #7B (Compass)
When model Jessica Stam listed her East Village apartment, she told the New York Post that she bought it when she was 21 and owned it into her 30s. She and her family now call Hawaii home, but she plans to buy a "part-time place in the city" for her continued modeling work.
From the Listing:
Perched on a high floor in a pioneering condo loft building with a 24-hour doorman in arguably the most convenient of all Downtown settings, a stone’s throw to Union Square, this beautiful, move-in-ready southwest-facing loft is filled with light via huge over-sized windows. This light-infused loft has been wonderfully renovated with a vast living room positioned with a southwesterly tilt with dramatic oversized windows. Throughout the loft, gorgeous oak floors are complemented by soaring 11-foot+ ceilings. A bedroom suite is accessed off the living room via massive reclaimed carved Balinese doors and also features large windows.
From the Listing:
Perched on a high floor in a pioneering condo loft building with a 24-hour doorman in arguably the most convenient of all Downtown settings, a stone’s throw to Union Square, this beautiful, move-in-ready southwest-facing loft is filled with light via huge over-sized windows. This light-infused loft has been wonderfully renovated with a vast living room positioned with a southwesterly tilt with dramatic oversized windows. Throughout the loft, gorgeous oak floors are complemented by soaring 11-foot+ ceilings. A bedroom suite is accessed off the living room via massive reclaimed carved Balinese doors and also features large windows.
Satya Nandan
860 United Nations Plaza (CityRealty)
Throughout his celebrated political and diplomatic career, Satya Nandan served as chairman of the Western and Central Pacific Fisheries Commission, the first Secretary-General of the International Seabed Authority, a representative of Fiji at the United Nations, and an ambassador to the European Union, Belgium, France, Italy, and the Netherlands. Following his death in February 2020, his estate has sold his apartment in a classic building near the United Nations Headquarters.
3 Available Listings for Sale from $2,495,000
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Or call us at (212) 755-5544
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