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A blog from CityRealty (Links below will take you to the 6sqft site)

432 Park Avenue, #62B

$27,750,000 ($6,905 per ft2) -2.6% | 3 beds, 4 baths | Approx. 4,019 ft2
243 days on Market

Key Details

  • Listed: Sep 19, 2021
    Last Price Change: -0.9% ($245,000) on Jan 10
    Days on Market: 243
    Building Type: Condominium
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
    Listing viewed 3,021 times
Monthly Common Charges: $11,690
Monthly Real Estate Taxes: $7,174
Total Taxes & Fees: $18,864 ($4.69/ft2)
Est. Monthly Mortgage: $122,864
Total Est. Monthly Carrying Cost: $141,728 ($35.26/ft2)
Note: the above is based on a down payment of 20% ($5,550,000), which is the minimum amount permitted by the building.

Description

This incredible residence, located on a higher floor of iconic 432 Park Avenue, designed by architect Rafael Vi oly, offers spectacular views to the west, north, and south. Central Park, Midtown Manhattan, the Hudson River, the Empire State Building, the New York harbor in the distance, and beyond, are captured in spectacular 10’ by 10’ windows, under soaring 12’6" ceilings. It is a jaw-dropping panorama of the city.

You enter the residence, which occupies a full half floor of the building, via a private elevator entry and gallery, leading to the den or library, and the grand, corner living and dining room.

Joe Nahem an AD100 designer helped create this masterpiece of a home. The eat-in kitchen with views overlooking the city and Central Park has marble floors and countertops, cabinetry of lacquer, Miele stainless steel appliances, and Dornbracht polished chrome fixtures. There is also a service entrance leading to a small butler’s pantry, a laundry room, and a private service corridor offering a discrete connection between the kitchen and bedroom wings of the home.

The master bedroom offers views in two directions of Midtown and Downtown New York, a massive walk-in dressing room, two separate baths swathed in floors and walls of even more marble, and vanities topped with substantial cubic marble slabs.

The egg shaped, free standing tub is perfectly positioned next to the window where one can overlook the sunset with complete privacy. Meanwhile, the second and third bedrooms include ensuite baths, also richly finished, and views to the south.

Rising 1,396 feet above exclusive Park Avenue, 432 Park became an instant New York icon even before completion. Known for its exclusive address, world-class amenities, and innovative design, 432 Park nonetheless stands out most for its views, which due to its sheer herculean height, allows it to embrace not just all of Park Avenue but also the great expanse of Central Park, beginning two blocks away, in one great gasp.

The amenities at 432 Park Avenue rival that of the nicest country club in the world. White glove service and seasonal menus are available for breakfast, lunch and dinner. Dine in the main restaurant, sit outside on the patio or enjoy hosting guests in the wine room.

The fitness center has top of the line equipment with a separate yoga room. In addition, there is a 75-foot indoor pool, steam/sauna area, massage room, billiards room, screening room, a business center and a built out playroom for kids. The building also has an onsite concierge to help with those impossible reservations!

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Pricing History

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About 432 Park Avenue

96

432 Park Avenue has received a CityRealty Rating of 96, 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

34
Out of 44
+
28
Out of 36
+
24
Out of 39
+
10
=
96
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
Attractive 2 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Free Standing 2 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Exists 1 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unrelated Base 0 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:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Many 2 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:
More than 5 Short Blocks 0 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:
Stunning 5 out of 5 points
Units Per Floor:
1 5 out of 5 points
Ceiling:
11-14 Feet 3 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes, with Swimming Pool 2 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 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:
Some 1 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points
  • Condo
  • Built in 2015
  • 104 Apartments
  • 96 Floors

Building Amenities

  • Attended Lobby
  • Concierge
  • FT Doorman
  • High-Rise
  • Post War
  • Resident Storage
  • Central AC
  • Full Service Garage
  • Garden
  • Health Club
  • Intercom
  • Pool
  • Elevator
  • Business Center
  • Party Room
  • Event Room
  • Children's Playroom
  • Lounge
  • Fitness Center
  • On-Site Parking
  • Outdoor Entertainment Space
  • Valet Services
  • Game Room
  • Library
  • Restaurant
  • Screening Room
  • Spa / Therapy Room

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Pros
  • Awesome vistas
  • Tented terrace restaurant
  • Valet
  • Close to shopping
  • Fitness center
  • Swimming pool
  • Doorman
  • Parking
  • 30-foot-high restaurant with 15-foot chandeliers
  • 12-and-a-half-foot ceilings
  • Tallest building without spire in city when built
  • Close to Subway
Cons
  • No balconies
  • Considerable traffic
  • No roof deck
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Subways

  1. E
  2. M
at 5th Ave and 53rd 0.21 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. 6
at Lexington Ave and 60th 0.21 miles
  1. F
at 6th Ave 0.34 miles

Aerial Imagery

 

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Listing provided courtesy of Douglas Elliman - Manhattan