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

Trump Park Avenue, 502 Park Avenue, #3B

Last Sold on Apr 1, 2014 for $10,302,750 ($2,262 / ft2) This was 24.7% less than the last listed price of $13,680,000 ($3,003 / ft2)
4 beds, 6+ baths, 4,555 / ft2
The names of Buyers and Sellers are available only to CityRealty members.
209 days on Market
Currently for sale for $5,995,000 ($1,316 / ft2)

Pricing History

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Key Details

  • Listed Jun 10, 2020
    Last Price Change -25% ($1,000,000) on Oct 5
    Days on Market 209
    Building Type Condominium
  • Monthly Common Charges $7,698
    Monthly Real Estate Taxes $5,262
    Minimum Down Payment 10%
    Doorman FT Doorman

Description

The epitome of elegance, this stylish Four Bedroom, six and a half Bathroom Condominium with a huge terrace in the sought-after 502 Avenue was designed for luxurious comfort. With 4,555 square feet of meticulously-appointed living space and a wonderful 1,462-square-foot private terrace, you, your family and guests will enjoy the finest New York has to offer whether you're in or outdoors. The uniquely laid out floor plan seamlessly accommodates entertaining, while affording privacy for the sleeping quarters.

The welcoming entry gallery that greets you leads to another wide open gallery area that stretches from the living room and library on one side, to the formal dining room/den on the other creating an open, airy flow across the home for natural light and hosting gatherings. The enormous outdoor terrace can be accessed from multiple rooms to enjoy the spectacular cityscape. Other exclusive features include: a sleek windowed chef's kitchen with fluted glass-paneled white wood cabinetry, marble counters, a mirrored backsplash, stainless steel GE Profile appliances and a butler's pantry exquisite Fior de Pesco marble baths with bowed white wood cabinetry and Watermark chrome nickel fixtures solid oak quarter sawn floors, handcrafted Italian brass doorknobs, custom moldings, individually-operated 12-month climate control and a sumptuous master suite with 3 walk-in closets and oversized bath. A landmarked architectural wonder on Manhattan's Upper East Side, 502 Park Avenue is idyllically situated near Central Park, Manhattan's best cultural destinations and premier dining and schools. Residents enjoy a level of service that exceeds every expectation, with your daily needs tended to by an attentive professional staff.

World-class amenities includes a 24-hour doorman, concierge, daily maid and laundry service, hotel and valet services, hotel and valet services, live-in resident manager and state-of-the-art fitness center.

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Apartment Amenities

  • Terrace
  • City View

Sales History

Click to show stats based on a sale at current asking price
If this apartment sold today at the current asking price
  • 1 closings
  • N/A Aggregate price change (N/A) Apr 1, 2014 - Apr 1, 2014
  • N/A Compound Annual
    Growth Rate
  • 2 closings
  • -$4,307,750 Aggregate price change (-41.8%) Apr 1, 2014 - Jan 15, 2021
  • -7.7% Compound Annual
    Growth Rate
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About Trump Park Avenue, 502 Park Avenue

85

Trump Park Avenue, 502 Park Avenue has received a CityRealty Rating of 85, 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

28
Out of 44
+
26
Out of 36
+
22
Out of 39
+
9
=
85
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
Poorly Done 0 out of 2 points
Plaza Or Atrium:
None 0 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:
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:
Outstanding 5 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:
A lot 0 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 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:
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:
2 4 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes 1 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:
Yes 1 out of 1 points
Elevator Person:
Yes 1 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
Some 1 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:
Many 2 out of 2 points
  • Condo
  • Built in 1929
  • 131 Apartments
  • 32 Floors

Building Amenities

  • Conversion Year: 2005
  • Attended Lobby
  • Concierge
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Central AC
  • Full Service Garage
  • Health Club
  • Elevator
  • Valet Parking
  • Bike Room

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