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Trump Park Avenue, 502 Park Avenue, #12F

Listing no longer available on CityRealty as of Jul 15, 2020
It previously was on the market for a total of 391 days.
Last Sold on Mar 19, 2021 for $1,361,000
1 bed, 1 bath | Approx. 730 ft2
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  • Buyers
  • Garet Hil
  • Jan Vilim
  • Sellers
  • Rolando Degoma
  • Victoria Degoma
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8 apartments are currently available in this building.
391 days on Market

Pricing History

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Key Details

  • Listed: Jun 20, 2019
    Last Price Change: +23.1% ($314,000) on May 25
    Days on Market: 391
    Building Type: Condominium
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $1,155
Monthly Real Estate Taxes: $888
Total Taxes & Fees: $2,043 ($2.80/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $12,429 ($17.03/ft2)
Note: the above is based on a down payment of 10% ($167,500), which is the minimum amount permitted by the building.

Description

An exceptionally rare and exciting opportunity to own a turn-key investment property with a high-income producing rental in place. This immaculately maintained one-bedroom, one-bath home is perched on the twelfth floor of a flexible full-service, white glove condominium. Own as a primary residence, pied-a-terre, or investment property - all in the heart of Manhattan.

Tenants are currently in place until September 1, 2020 (Landlord has the right to terminate lease with 45 days notice to tenants). Features of the home include herringbone oak floors, beamed ceilings, and oversized arched windows - unique to this floor. Enter this spacious 730+/- square foot residence via south facing light-filled and well-proportioned living and dining areas.

The fully equipped open kitchen features the highest-end appliances from GE, Carrera marble countertops and custom cabinetry with fluted glass offering a plethora of storage opportunities. The home’s oversized master bedroom has a large, customized walk-in closet and an en-suite marble bath. Two additional foyer closets for additional storage complete this robust offering.

502 Park Avenue is a pet-friendly, full-service, white-glove condominium at the crossroads of Midtown and the Upper East Side. Amenities include 24-hour doormen, concierge, and staff, valet services with access to nearby off-site parking, and a state-of-the-art health and fitness center.

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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

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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Other Apartments Available in this Building (5)

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