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Trump Park Avenue, 502 Park Avenue, #12K

$1,750,000 ($2,500 per ft2) | 1 bed, 1 bath | Approx. 700 ft2
View Full Building Profile  | 
184 days on Market

Key Details

  • Listed: Oct 26, 2023
    Days on Market: 184
    Building Type: Condominium
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 271 times
Monthly Common Charges: $1,167
Monthly Real Estate Taxes: $705
Total Taxes & Fees: $1,872 ($2.67/ft2)
Est. Monthly Mortgage: $10,851
Total Est. Monthly Carrying Cost: $12,723 ($18.18/ft2)
Note: the above is based on a down payment of 10% ($175,000), which is the minimum amount permitted by the building.

Description

The epitome of contemporary Park Avenue style awaits in this exquisitely renovated one-bedroom, one-bathroom residence featuring flawless interiors and premium finishes in a revered full-service Lenox Hill condominium at the corner of Park and 59th Street. Impeccably reimagined by Project by Vanessa Lessa, this exceptional high-floor home impresses with tall tray ceilings that rise over wide-plank oak floors and expansive art walls trimmed with elegant picture-frame molding. Oversized windows with motorized blackout and silhouette shades, recessed lighting and designer fixtures add the perfect illumination throughout. From the custom radiator covers to the Baldwin hardware door handles, every stunning detail has been thoughtfully planned and carefully curated. Enjoy lively entertaining or serene relaxation in the spacious living room and plan your next dinner party under a lovely Lasvit lamp in the dining area.

In the beautifully designed kitchen, bespoke floor-to-ceiling oak cabinetry and paneling by Interior Design Company and an Antico Scuro marble countertop are joined by seamlessly integrated upscale appliances, including a Miele cooktop and refrigerator, Bertazzoni oven, Fisher & Paykel dishwasher and GE microwave. Discover a generous footprint for a king-size bed and an office or fitness space inside the tranquil bedroom suite. The expansive California Closet tames even the largest wardrobes with custom shelving and double hanging rods.

The en suite bathroom soothes with a frameless glass shower with two rain shower heads, a roomy vanity and a two-stage commode, all surrounded by beautiful Carrara marble and high-end Zucchetti and Duravit fixtures. Two large entry closets complete this work-of-art residence. Once home to the famed Hotel Delmonico, 502 Park Avenue is a handsome prewar building transformed into a five-star luxury condominium in 2004. Residents enjoy 24-hour doorman and concierge service, live-in resident management and a range of hotel services, including valet parking, housekeeping and laundry.

A grand paneled marble lobby, state-of-the-art fitness center, laundry facilities and bike room round out the luxurious offerings. From this ideal Lenox Hill location where Midtown meets Uptown, you’re surrounded by the exciting entertainment, shopping and dining that make New York City one of the world’s most coveted destinations. Spend the afternoon in Central Park or perusing the luxury offerings at Bloomingdales, Bergdorf Goodman and myriad Madison Avenue boutiques. Michelin-starred dining, famed cocktail bars and museums fill the local blocks with Whole Foods, Trader Joe’s, the Theater District, Lincoln Center and the U.N. all within reach.

Transportation is effortless thanks to N/R/Q/W, 4/5/6, E and F/M trains, excellent bus service, CitiBikes, the FDR and the 59th Street Bridge nearby.

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Listing Agent (Seller's Representative)

Listing courtesy of Compass

Pricing History

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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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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

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