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521 Park Avenue, #2A

$2,495,000 ($1,306 per ft2) -15.4% | 1 bed, 1.5 baths | Approx. 1,911 ft2
173 days on Market

Key Details

  • Listed: Oct 23, 2023
    Last Price Change: -15.4% ($455,000) on Mar 5
    Days on Market: 173
    Building Type: Condominium
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 295 times
Monthly Common Charges: $4,932
Monthly Real Estate Taxes: $3,117
Total Taxes & Fees: $8,049 ($4.21/ft2)
Est. Monthly Mortgage: $13,360
Total Est. Monthly Carrying Cost: $21,409 ($11.20/ft2)
Note: the above is based on a down payment of 20% ($499,000), which is the minimum amount permitted by the building.

Description

Rarely available prewar condominium on Park Avenue. This one-of-a-kind trophy home is being offered for sale for the first time in nearly 30 years. Meticulously maintained by its current owner, this sophisticated residence is in excellent condition and exudes an old world elegance from a bygone era.

The grand and gracious layout boasts a formal entry gallery that leads to a wood-paneled library and formal living room (both overlooking Park Avenue), a formal dining room with a built-in china closet, and a private master suite with an enormous and simply stunning art deco bathroom. The large windowed eat-in kitchen has a separate pantry closet and a powder room. The apartment features two fireplaces (one decorative and one gas that could be made to work), an abundance of storage (including a large fully outfitted walk-in closet in the master bedroom), original moldings throughout, beautifully maintained hardwood floors, 10’5" ceilings, and a washer/dryer.

Built in 1911 and designed by William A.

Boring, 521 Park Avenue is a white-glove pet friendly condominium with a gym and is situated on the corner of 60th Street and Park Avenue, across the street from the Regency Hotel and is seconds from Central Park and some of the city’s finest restaurants and shops including Sant Ambroeus, Nello, Amaranth, Vaucluse, Le Bilboquet, Barneys New York, Hermes and Bergdorf Goodman. Pied-a-terres, foreign purchasers and investors are welcome!

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Apartment Amenities

  • City View

Listing Agent (Seller's Representative)

Listing courtesy of Brown Harris Stevens Residential Sales LLC

Pricing History

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About 521 Park Avenue

85

521 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

27
Out of 44
+
28
Out of 36
+
21
Out of 39
+
9
=
85
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:
None 2 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:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Discrete 1 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 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:
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:
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:
Very Attractive 3 out of 3 points
Health Club:
None 0 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:
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:
Many 2 out of 2 points

Building Amenities

  • Conversion Year: 1987
  • FT Doorman
  • Pre War
  • Elevator
  • Fitness Center
  • Terraces / Balconies

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Pros
  • Doorman
  • Handsome building
  • Few apartments
  • Great location
  • Attractive entrance
  • Excellent transportation
  • Close to Subway
Cons
  • No garage
  • No health club
  • No sundeck
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Subways

  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. 6
at Lexington Ave and 60th 0.09 miles
  1. F
at Lexington Ave and 63rd 0.16 miles
  1. M
  2. E
at 5th Ave and 53rd 0.41 miles

Pricing comparison

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