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432 Park Avenue, #71

$68,000,000 ($8,387 per ft2) | 8 beds, 7.5 baths | Approx. 8,108 ft2
Building Profile  | 
1041 days on Market

Key Details

  • Listed: Jan 27, 2022
    Days on Market: 1041
    Building Type: Condominium
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
    Listing viewed 7,517 times
Monthly Common Charges: $25,230
Monthly Real Estate Taxes: $14,384
Total Taxes & Fees: $39,614 ($4.89/ft2)
Est. Monthly Mortgage: $360,464
Total Est. Monthly Carrying Cost: $400,078 ($49.34/ft2)
Note: the above is based on a down payment of 20% ($13,600,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Expansive Full-Floor Residence: A rare opportunity to create a custom full-floor residence spanning over 8,000 sqft, combining two half-floor units for unparalleled space and luxury.
  • Breathtaking Views: Iconic 10' 10' windows frame stunning vistas of Central Park and the Manhattan skyline, enhancing the grandeur of every room.
  • Luxurious Amenities: Access to over 30,000 sqft of professionally staffed amenities, including a 75-foot pool, fitness center, spa, and private restaurant by a Michelin-starred chef.
  • High Ceilings: Enjoy a loft-like experience with 15-foot ceilings throughout, creating an airy and spacious ambiance in every room.
  • Full-Service Building: Experience unparalleled convenience with 24-hour doorman, concierge services, valet, and on-site parking garage.
  • Prime Midtown East Location: Situated in a prestigious neighborhood, close to Central Park, high-end shopping, dining, and major cultural institutions.

Description

Full Floor Opportunity at 432 Park Avenue
71st Floor (71AB)
Six Bedrooms / Seven Baths / Library / Two Powder Rooms / 8,108 sqft

The 71st Floor at 432 Park Avenue, offers the opportunity of combining two half floor residences (71A & 71B) to seamlessly create a breathtaking display of scale and proportion measuring over 8,000 sqft with beautiful views perfectly framed by 432 Park Avenue’s iconic 10’ 10’ windows and high ceilings throughout.

This rare opportunity will allow the purchaser to create their own full-floor residence vision measuring over 8,000 sqft (approximately).

Alternative/proposed floor plans are for visualization purposes only and are subject to approval, please consult with your own architect.

432 Park Avenue

Completed in 2012, 432 Park Avenue was designed by Rafael Vinoly and is located on Park Avenue between 56th and 57th Street and is one of the tallest residential towers in the western hemisphere, rising 1,396 feet into the Manhattan skyline.

The residences at 432 Park Avenue are complemented by over 30,000 sqft of professionally staffed amenities include a private marble-clad porte-cochre entrance, lounge, 5,000 sqft terrace, private restaurant, outdoor dining, 75-foot pool, fitness center, relaxation suite featuring a spa with sauna, steam, and massage therapy rooms, library curated by Assouline, billiards room, screening room, boardroom, playroom, and yoga studio.

In-suite dining/room service, concierge, 24-hour doorman, onsite parking garage, and valet services are available.

Please be aware that the Board announced that, for the balance of this year, there will be no assessment beyond the current assessment that expires April 30, 2023.

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Listing courtesy of Corcoran Group

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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