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515 Park Avenue, #1516

Listing no longer available on CityRealty as of Mar 28, 2023
It previously was on the market for a total of 173 days.
Last Sold on Jan 5, 2006 for $21,000,000
6+ beds, 6+ baths | Approx. 8,055 ft2
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5 apartments are currently available in this building.
173 days on Market

Pricing History

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Key Details

  • Listed: Oct 6, 2022
    Last Price Change: -4.8% ($1.5M) on Feb 3
    Days on Market: 173
    Building Type: Condominium
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 2,193 times
Monthly Common Charges: $12,001
Monthly Real Estate Taxes: $9,124
Total Taxes & Fees: $21,125 ($2.62/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $185,010 ($22.97/ft2)
Note: the above is based on a down payment of 20% ($6,000,000), which is the minimum amount permitted by the building.

Description

A Trophy Residence, within the Iconic 515 Park Avenue Condominium. The only one of its kind, boasting a magnificent private terrace with almost 2,000 SF of private frontage on Prime Park Avenue.

Encompassing the entire 15th and 16th Floors of this white-glove limestone condominium, developed by famed Zeckendorf Development, this impressive duplex features spectacular City and Park views from more than 50 oversized windows. Spanning over 6,514 +/- interior sq ft, and nearly 1,800 +/- exterior sq ft, the sprawling 7 bedroom, 6 full baths and 2 half baths home with 10 ft ceilings and grandly proportioned rooms is an ideal residence for a glamorous and sophisticated buyer.

A separate studio apartment that can be used for staff, guests, office, or additional bedroom are included in this magnificent offering, as well as a private wine room.

The gracious floor plan is distinguished by a large and welcoming private elevator landing entry Gallery with a sweeping staircase. Every room in this sumptuous floor has double exposures with access to the breathtaking terrace through beautiful floor to ceiling glass French doors, filling the home with extraordinary light. The palatial and grand scale corner Living Room features a gas fireplace, an exquisite Library/Billiard room with custom paneled wood millwork and an elegant Dining Room perfect for hosting the most memorable both intimate and large gatherings.

The direct access to the terrace also allows for wonderful outdoor dining options. The state of the art Kitchen with gorgeous Breakfast Room which also opens to the fabulous terrace, is complete with a Dry Bar and wine storage. There is also a Full Bedroom on this floor with Ensuite full Bath, a conveniently placed Powder Room, and a separate laundry room.

The 2 floors are joined by an exquisite staircase which has intricately designed and imported wrought iron railing. The apartment also has its own private interior elevator. Upstairs the private quarters include 5 bedrooms and a dramatically beautiful Home Theatre.

The massive Primary Suite is comprised of a grand sitting/living area, windowed marble bath plus a vast walk in closet/dressing room. One of the bedrooms is currently being used as a glamorous home office. The additional bedrooms all feature their own private ensuite baths.

This exclusive home epitomizes the ultimate in refined, grand scale luxury for those who seek only the finest properties in the world.

The prestigious 515 Park Avenue condominium is one of New York’s most coveted limestone buildings. The highly desirable location is 2 blocks from Central Park, at the corner of Park Avenue and 60th Street and offers a full-time concierge and valet service, elegant lobby, windowed private sitting room off the lobby, state-of-the-art fitness center, dining salon with catering kitchen for use by residents, conference room, and 24 hour security. Enjoy this extraordinary lifestyle, close to world class shopping, the finest restaurants, museums, cultural events.

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About 515 Park Avenue

88

515 Park Avenue has received a CityRealty Rating of 88, 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

27
Out of 44
+
28
Out of 36
+
23
Out of 39
+
10
=
88
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:
None 2 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:
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:
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:
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:
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:
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:
Some 1 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 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:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • High-Rise
  • Post War
  • Resident Storage
  • Central AC
  • Health Club
  • Washer/Dryer in building
  • Elevator
  • Party Room
  • Valet Parking
  • Fitness Center
  • In-Unit Washer/Dryer
  • Common Dining Room
  • Fireplaces
  • Terraces / Balconies

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