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The Parkside, 525 Park Avenue, #PHA

Listing no longer available on CityRealty as of Mar 28, 2023
Last Sold on Aug 1, 2023 for $12,675,000
3 beds, 4.5 baths | Approx. 4,410 ft2
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  • Buyers
  • 525 Pha, Llc
  • Sellers
  • Denis A Bovin
  • Terry Bovin
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3 apartments are currently available in this building.

Pricing History

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Key Details

  • Listed: Mar 28, 2023
    Last Price Change: -15.5% ($2.32M) on Aug 14
    Days on Market: 0
    Building Type: Condominium
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 181 times
Monthly Common Charges: $8,362
Monthly Real Estate Taxes: $12,818
Total Taxes & Fees: $21,180 ($4.80/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $90,697 ($20.57/ft2)
Note: the above is based on a down payment of 20% ($2,535,000), which is the minimum amount permitted by the building.

Description

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 soire, 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)

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Apartment Amenities

  • Terrace

About The Parkside, 525 Park Avenue

74

The Parkside, 525 Park Avenue has received a CityRealty Rating of 74, 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

24
Out of 44
+
26
Out of 36
+
15
Out of 39
+
9
=
74
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 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:
None 0 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:
Enclosed 1 out of 2 points
Airconditioners:
Not Allowed 2 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 10 blocks 5 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:
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:
Quite Stylish 3 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
None 0 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:
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:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Conversion Year: 1989
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • In-Unit Washer/Dryer
  • Fireplaces
  • Terraces / Balconies

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