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

Trump Park Avenue, 502 Park Avenue, #PH22

$16,500,000 ($2,314 per ft2) -25% | 6+ beds, 6+ baths | Approx. 7,132 ft2
769 days on Market

Key Details

  • Listed Feb 4, 2019
    Last Price Change -25% ($1.495M) on Dec 5
    Days on Market 769
    Building Type Condominium
    Listing viewed 1,366 times
  • Monthly Common Charges $11,365
    Monthly Real Estate Taxes $13,418
    Total Monthly CC & Taxes $24,783 (~$3.47 per ft2)
    Minimum Down Payment 10%
    Doorman FT Doorman

Description

Located in sought-after pre-war condominium, this full-floor penthouse offers 360-degree views of New York City's stunning landscape. This sprawling 14-room home spans approximately 7,132 sq ft across 6 bedrooms, 8 full bathrooms, 2 powder rooms, a double-living room, formal dining room, library, master suite with separate sitting room and dual bathrooms, staff room with full bathroom, full laundry room, and unimaginable storage throughout.

Upon entry, a private elevator landing welcomes you into a gracious gallery that connects to all main areas of the home.

Straight off of the gallery is the 24-foot wide living room with adjoining wet bar, library, and a large corner formal dining room. All three entertaining rooms flow seamlessly into one another with views overlooking Park Avenue. The spacious dining room accommodates approximately 30 guests and has tall pocket doors leading conveniently into the butler's pantry.

Adjacent to the dining room is the well-appointed windowed chef's kitchen with separate windowed breakfast room.

The St. Charles kitchen features custom Wenge Wood and Bone Lacquer cabinetry, honed Absolute Black Granite countertops, glass backsplash, Verde Bamboo marble island countertop and windowsills, a breakfast bar and extensive storage space throughout. Appliances include double Wolf oven, Sub-Zero refrigerator/freezer, gas Wolf range, Gaggenau vented hood, Wolf gourmet microwave, and Miele dishwasher.

Off the kitchen is a second marble powder room with waterworks fixtures, staff room with full bathroom, and a full laundry room.

Off the gallery is a walk in coat closet, formal Sarrancolin marble powder room, and discrete service entrance. A separate hallway leads to an entire wing of bedrooms all with en-suite bathrooms and tremendous closet space.

The master suite is generously proportioned with an adjoining sitting room, wet bar with refrigerator, and dual marble bathrooms. The first bathroom is complete with a shower stall, heated floors, Waterworks fixtures, and dressing room with ample storage.

The second bathroom is clad in stunning White Statuary marble and features a large soaking tub, separate marble shower stall, makeup vanity, linen closet, and expansive walk in closet and dressing room.

Special features of the penthouse include Herringbone walnut floors, crown and baseboard moldings, multi-zone central air, motorized shades throughout, and central A/V system with full Lutron suite for lighting, shades, and built-in sound system.

The Trump Park Avenue was once home to the historic 1920's Hotel Delmonico. The building offers the rare combination of pre-war elements with all of the conveniences of a new development. Amenities include full time doorman and concierge, laundry, dry cleaning, housekeeping services, state-of-the-art fitness center, valet parking, and a live-in resident manager.

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Apartment Amenities

  • Great Lighting
  • City View

Pricing History

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Estimated Monthly Cost

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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Pros
  • Resident building manager
  • Close to Subway
  • Good public transportation
  • Sidewalk landscaping
  • Lavish attended lobby
  • Great views
  • Concierge
  • Some high ceilings
  • Daily maid and laundry service is available
  • All units are pre-wired for high speed internet and cable access
  • Distinguished pre-war tower
  • Convenient to Madison Avenue boutiques
  • Fitness center
  • Garage with valet service
  • Very convenient to midtown
  • Doorman
Cons
  • Non-contextual alterations to tower
  • Lots of traffic
  • No sundeck
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Subways

  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. 6
at Lexington Ave and 60th 0.13 miles
  1. F
at Lexington Ave and 63rd 0.23 miles
  1. M
  2. E
at 5th Ave and 53rd 0.34 miles

Aerial Imagery

 
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Listing provided courtesy of Douglas Elliman - Manhattan