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515 Park Avenue, #5A

$5,995,000 ($2,379 per ft2) | 3 beds, 4 baths | Approx. 2,520 ft2
Building Profile  | 
250 days on Market

Key Details

  • Listed: Apr 24, 2024
    Last Price Change: ($255,000) on Sep 13
    Days on Market: 250
    Building Type: Condominium
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 315 times
Monthly Common Charges: $4,837
Monthly Real Estate Taxes: $2,019
Total Taxes & Fees: $6,856 ($2.72/ft2)
Est. Monthly Mortgage: $32,134
Total Est. Monthly Carrying Cost: $38,990 ($15.47/ft2)
Note: the above is based on a down payment of 20% ($1,199,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Luxurious Living: This prestigious Park Avenue apartment offers a luxurious 3-bedroom, 4-bathroom layout with generously proportioned rooms, high ceilings, and oversized windows that provide stunning views and natural light. The building, designed by Frank Williams & Associates, integrates Italian Renaissance-palazzo style with modern amenities, making it the tallest residential building on Park Avenue in the Upper East Side.
  • Premium Kitchen and Bathrooms: The apartment features a chef’s kitchen equipped with premium commercial-grade appliances, a Subzero refrigerator, marble countertops, and bespoke windowed cabinetry. Each bedroom has an en-suite bathroom, and the apartment has been upgraded with fine woodwork, individual climate control, and wiring for surround-sound stereo systems.
  • Exclusive Amenities: Residents have access to a state-of-the-art gym, a private dining/meeting room with a fully-equipped catering kitchen, a tranquil library, and 15 private, climate-controlled wine cellars. The building also offers 38 individual storage rooms, a full-time doorman, concierges, and valets.
  • Convenient Location: The apartment is in close proximity to renowned stores, boutiques, restaurants, and cultural institutions, with excellent public transportation options. It also offers views of Central Park from the living room.
  • Intimate Living Experience: With only 30 apartments across 43 stories, residents are ensured a unique and intimate living experience. The building also includes individual staff suites on the second floor for residents’ use.
  • Exclusive Catering: Chef Daniel Boulud is the exclusive caterer for 515 Park Avenue, adding an extra touch of luxury and convenience for residents.

Description

Welcome to Apartment 5A at 515 Park Avenue, a testament to luxurious living, where the elegance of a bygone era meets contemporary sophistication. Upon entering, you’re greeted by the exquisite herringbone floors, their light stain signaling a modern touch within a space designed with prewar inspiration. The expansive layout of this residence, a three-bedroom, 2.5-bathroom home features generously proportioned rooms and high ceilings.

These elements, combined with the oversized windows, bathe the apartment in natural light while offering stunning views of Park Avenue. This home’s heart lies in the chef’s kitchen, a culinary dream equipped with premium commercial-grade appliances, a Subzero refrigerator, marble countertops, and bespoke windowed cabinetry. The oversized entry gallery that connects the bedrooms, each with en-suite bathrooms, emphasizes privacy and flow. The formal living and dining rooms, alongside a generous library, are illuminated by oversized windows, making this apartment an ideal space for entertainment or relaxation. Further elevating the residence are recent upgrades that include fine woodwork, individual climate control, and wiring for surround-sound stereo systems.

The apartment also features a discreet half bath for guests, an in-unit laundry room with washer/dryer, and a kitchen with a service entrance and direct elevator access, encapsulating the essence of thoughtful and luxurious design. 515 Park Avenue, designed by Frank Williams & Associates, is a post-modern condo building that seamlessly integrates the Italian Renaissance-palazzo style with modern amenities and services. Residents benefit from white-glove service, including full-time doormen, concierges, and valets, as well as access to a state-of-the-art gym, a private dining/meeting room with a fully-equipped catering kitchen, and a tranquil library. The exclusivity extends to private, climate-controlled wine cellars and individual storage rooms, with only 30 apartments across 43 stories, ensuring a unique and intimate living experience. Situated in a serene yet convenient location close to the Midtown Business District, this apartment is moments away from renowned stores, boutiques, restaurants, and cultural institutions, with excellent public transportation options readily available.

The living room’s views of Central Park provide a serene backdrop, encapsulating the ultimate New York City living experience. Apartment 5A at 515 Park Avenue isn’t just a residence; it’s a sanctuary within the city, offering a lifestyle of unparalleled luxury and convenience.

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Listing courtesy of Sothebys International Realty

Pricing History

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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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Pros
  • Many stunning vistas
  • Close to SubwayClose to Subway
  • Close to many famous boutiques- stores and restaurants.
  • Tallest residential building on Park Avenue
  • Some terraces
  • Private dining room
  • Full-service building with many amenities
  • Several duplexes
  • Fitness center
  • Library
  • Wine cellars
  • Fewer apartments than floors
  • High ceilings
  • Very good public transportation
  • Doorman
  • Private storage
  • Concierge
Cons
  • No roof deck
  • No balconies
  • Considerable traffic
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Subways

  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. 6
at Lexington Ave and 60th 0.08 miles
  1. F
at Lexington Ave and 63rd 0.19 miles
  1. M
  2. E
at 5th Ave and 53rd 0.38 miles

Aerial Imagery

 

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