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432 Park Avenue, #29E

$5,750,000 ($2,892 per ft2) | 2 beds, 2.5 baths | Approx. 1,988 ft2
Building Profile  | 
54 days on Market

Key Details

  • Listed: Aug 29, 2024
    Days on Market: 54
    Building Type: Condominium
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
    Listing viewed 152 times
Monthly Common Charges: $7,328
Monthly Real Estate Taxes: $3,848
Total Taxes & Fees: $11,176 ($5.62/ft2)
Est. Monthly Mortgage: $29,470
Total Est. Monthly Carrying Cost: $40,646 ($20.45/ft2)
Note: the above is based on a down payment of 20% ($1,150,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This property is located in the prestigious 432 Park Avenue building in Midtown East, close to Central Park, top shopping and dining, major art galleries and auction houses, and subway for easy transportation.
  • Customizable Luxury: The residence offers the opportunity to create a custom-designed, 2 bedroom 2.5 bathroom home with interiors designed by renowned firms Deborah Burke, Bentel & Bentel.
  • Stunning Views: The expansive 10’10’ windows provide Southern and Western exposures, offering breathtaking views of the Manhattan Skyline.
  • Unmatched Amenities: Residents have access to 30,000 square feet of amenities, including a private restaurant, fitness center, 75-foot indoor swimming pool, relaxation suites with sauna, steam, and massage rooms, billiards room and library, screening room, and conference room.
  • Exceptional Services: The building’s staff provides in-residence dining and catering, concierge, 24-hour doorman, and onsite parking garage, along with a health club, pool, business center, party room, event room, children's playroom, lounge, fitness center, on-site parking, outdoor entertainment space, valet services, game room, library, restaurant, screening room, and spa/therapy room.
  • Architectural Marvel: The 432 Park Avenue building is a stunning skyscraper that was the tallest in the city without a spire and the tallest residential tower when built.

Description

Bring your Architect! This is one of the last Sponsor Residences at 432 Park Avenue! Rare opportunity to create a custom-designed, 2 bedroom 2.5 bathroom residence at 432 Park Avenue. This 1,988 square foot residence is being offered for the first time as an exclusive white box opportunity.

The Sponsor’s proposed a floor plan opens into a gracious gallery with a lovely corner living and dining room. Interiors feature 11’6" slab-to-slab ceilings, and expansive 10’10’ windows with Southern and Western exposures providing views of the Manhattan Skyline.

A limited selection of office suites, guest suites, and temperature controlled wine cellars are also available for purchase.

Residents will enjoy 30,000 square feet of amenities, all with ceiling heights up to 28’,
including a private restaurant with a 5,000 square foot outdoor terrace for dining and events,
fitness center, 75-foot indoor swimming pool, relaxation suites with sauna, steam, and massage rooms, billiards room and library, screening room, and conference room. In-residence dining and catering, concierge, 24-hour doorman, and onsite parking garage are provided by the building’s staff.

Disclaimer: This floor plan depicts a hypothetical layout of unit 29E at 432 Park
Condominium.

This floor plan is for information only. The complete terms are in an offering
plan available from the Sponsor. File No. CD#110239.

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Apartment Amenities

  • City View
Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About 432 Park Avenue

96

432 Park Avenue has received a CityRealty Rating of 96, 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

34
Out of 44
+
28
Out of 36
+
24
Out of 39
+
10
=
96
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
Attractive 2 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:
Free Standing 2 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Exists 1 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unrelated Base 0 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:
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:
3-5 Short Blocks 1 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:
11-14 Feet 3 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes, with Swimming Pool 2 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:
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:
Some 1 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
Yes 1 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

  • Attended Lobby
  • Concierge
  • FT Doorman
  • High-Rise
  • Post War
  • Resident Storage
  • Central AC
  • Full Service Garage
  • Garden
  • Health Club
  • Intercom
  • Pool
  • Elevator
  • Business Center
  • Party Room
  • Event Room
  • Children's Playroom
  • Lounge
  • Fitness Center
  • On-Site Parking
  • Outdoor Entertainment Space
  • Valet Services
  • Game Room
  • Library
  • Restaurant
  • Screening Room
  • Spa / Therapy Room

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Pros
  • Awesome vistas
  • Tented terrace restaurant
  • Valet
  • Close to shopping
  • Fitness center
  • Swimming pool
  • Doorman
  • Parking
  • 30-foot-high restaurant with 15-foot chandeliers
  • 12-and-a-half-foot ceilings
  • Tallest building without spire in city when built
  • Close to Subway
Cons
  • No balconies
  • Considerable traffic
  • No roof deck
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Subways

  1. M
  2. E
at 5th Ave and 53rd 0.21 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. 6
at Lexington Ave and 60th 0.21 miles
  1. F
at 6th Ave 0.34 miles

Aerial Imagery

 

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