Key Details

Listed: Mar 20, 2024

Days on Market: 128

Building Type: Condominium

Neighborhood: Midtown East (Manhattan)

Doorman: FT Doorman

Monthly Common Charges: $4,400

Monthly Real Estate Taxes: $3,938

Total Taxes & Fees: $8,338 ($3.12/ft²)

Est. Monthly Mortgage: $20,746

Total Est. Monthly Carrying Cost: $29,084 ($10.89/ft²)

Note: the above is based on a down payment of 10% ($350,000), which is the minimum amount permitted by the building.

Insider Highlights

Location and Design: This spacious 2,670 sq ft apartment is located in the prestigious Midtown East neighborhood and designed by the renowned architect James Polchek, winner of the gold medal for outstanding architecture by the AIA.
Apartment Features: The apartment offers all four exposures, open city and park views, abundant natural light, a spacious windowed eat-in kitchen, and a primary suite that overlooks Central Park. It also has new HVAC systems, top quality kitchen appliances, in-unit washer/dryer, fireplaces, and potential for customization according to the new owner's preferences.
Privacy and Security: With only two homes per floor, this apartment offers excellent privacy. The building amenities include a full-time doorman/concierge, a roof garden, private storage, and a full service garage.
Payment Options: The seller is open to modern payment methods and accepts Bitcoin or other cryptocurrency.
Building Policies: The building allows corporate ownership, pets, and subletting, making it a flexible choice for various types of homeowners.
Local Amenities: The apartment is close to world-class shopping and fine dining establishments, and the building itself offers a rooftop terrace and outdoor entertainment space.

Description

Residence 24A is the perfect blank canvas for a discerning new owner to create their own dream home. It encompasses 2660 Square feet with rooms in opulent proportions, and it features all four exposures, open city and park views, abundant natural light from sunrise to sunset. Only two homes per floor for excellent privacy, opening the elegant double front doors, and passing the grand vestibule and gallery hall, you will arrive at the great room measuring 24 by 31 feet, perfect for entertaining.

The windowed eat-in kitchen is very spacious. The layout allows 3 bedrooms or two bedrooms with a library or a media room. Currently both bedrooms have on suite bathrooms. The primary suite occupies the south west corner of the building, overlooking Central Park and perfect for watching the enchanting sunset. All HVAC systems are new.

Also brand new top quality kitchen appliances waiting to be installed. The seller is open to Bitcoin or other crypto currency payment!! The building, designed by renowned architect James Polchek, who was awarded the gold medal for outstanding architecture by the AIA, features full-time doorman/concierge, a roof garden and private storage. World-Class shopping abounds nearby including: Louis Vuitton, Chanel, Bergdorf, Tiffany and other fine establishments along NYC’s Gold Coast. Fine dining also awaits you just outside with such notables: Le Bilboquet, Avra Estiatorio, La Goulue, Nello’s, Phillip Chow, and Vaucluse.

About 500 Park Avenue

500 Park Avenue has received a CityRealty Rating of 86, 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

Out of 44

Out of 36

Out of 39

Out of 119

Architecture Rating: Points Breakdown

Exterior:

Architectural Masterpiece 8 out of 8 points

Retail Quality:

None 2 out of 5 points

Canopy Entrance:

Dramatic 3 out of 3 points

Alterations:

Well Done 1 out of 2 points

Plaza Or Atrium:

Very Attractive 3 out of 3 points

Contextual Design:

Yes and Good 2 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:

No 0 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 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:

Less Than 3 Short Blocks 2 out of 2 points

Distance To Water:

3-6 Short Blocks 1 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:

Spacious 4 out of 5 points

Units Per Floor:

3-4 3 out of 5 points

Ceiling:

9-11 Feet 2 out of 4 points

Balconies:

None 0 out of 3 points

Health Club:

Yes 1 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:

Yes 1 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:

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 1984
56 Apartments
40 Floors

Building Amenities

Concierge
FT Doorman
High-Rise
Post War
Resident Storage
Full Service Garage
Garden
Rooftop Terrace
Washer/Dryer in building
Elevator
Outdoor Entertainment Space
In-Unit Washer/Dryer
Fireplaces
Terraces / Balconies

About this Building

Pros

Prime- central midtown location
Architecturally distinguished
Few apartments per floor
Concierge
Handsome lobby
Great views
Close to Subway

Cons

Heavy traffic
No balconies
No sundeck

Map View | Street View

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