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500 Park Avenue, #15C

$1,450,000 ($1,368 per ft2) | 1 bed, 1.5 baths | Approx. 1,060 ft2
Building Profile  | 
84 days on Market

Key Details

  • Listed: Aug 15, 2024
    Days on Market: 84
    Building Type: Condominium
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $2,037
Monthly Real Estate Taxes: $1,580
Total Taxes & Fees: $3,617 ($3.41/ft2)
Est. Monthly Mortgage: $8,630
Total Est. Monthly Carrying Cost: $12,247 ($11.55/ft2)
Note: the above is based on a down payment of 10% ($145,000), which is the minimum amount permitted by the building.

Description

BACK ON THE MARKET

This sophisticated Manhattan residence is located in one of New York City’s most highly regarded Full-Service White-Glove Condominiums, 500 Park Tower Condominium at the corner of Park Avenue and 59th Street.

Enter 15C into a gallery vestibule, with a generous bedroom suite and powder room to the left, and the jumbo pin-drop quiet, bright living room, dining area and library to the right. At 1,060 sf, and 8’3" ceilings, you won’t find room sizes or a floor plan like this very often. The library has a wall of shelves and sizable built-ins with ample room to display your extensive collection of books and/or objects de art.

The library can also serve as the guest room or may be converted to an extra room.

The apartment features a galley kitchen with great counter space and storage, a stainless oven/microwave, SubZero refrigerator, Bosch dishwasher and a washer/dryer. The oversized bedroom suite has a spacious windowed dressing area with abundant closets and storage, including a generous walk-in closet. The en-suite bathroom has a jacuzzi tub, a large shower, commode and a bidet.

Other apartment features include gorgeous wall-to-wall carpeting throughout w/ parquet hard wood floors underneath, track lighting, a powder room and a storage unit.

Perfect for your primary home or pied-a-terre with a Park Ave address.

The building was designed by renowned architect James Polchek, who was awarded the gold medal for outstanding architecture by the AIA, features full-time doorman/concierge, a roof garden and private storage. World-Class shopping abounds nearby including: Louis Vuitton, Chanel, Bergdorf, Tiffany and other fine establishments along NYC’s Gold Coast. Fine dining also awaits you just outside with such notables: Le Bilboquet, Avra Estiatorio, La Goulue, Nello’s, Phillip Chow, and Vaucluse.

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Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About 500 Park Avenue

86

500 Park Avenue has received a CityRealty Rating of 86, 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

29
Out of 44
+
29
Out of 36
+
19
Out of 39
+
9
=
86
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
Very Attractive 3 out of 3 points
Contextual Design:
Yes and Good 2 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:
No 0 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:
Very Attractive with Trees 4 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:
Less Than 3 Short Blocks 2 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:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 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:
None 0 out of 1 points
Catering:
None 0 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

  • Concierge
  • FT Doorman
  • High-Rise
  • Post War
  • Resident Storage
  • Full Service Garage
  • Garden
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Outdoor Entertainment Space
  • In-Unit Washer/Dryer
  • Fireplaces
  • Terraces / Balconies

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Pros
  • Prime- central midtown location
  • Architecturally distinguished
  • Few apartments per floor
  • Concierge
  • Handsome lobby
  • Great views
  • Close to Subway
Cons
  • Heavy traffic
  • No balconies
  • 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 0.26 miles
  1. M
  2. E
at 5th Ave and 53rd 0.31 miles

Aerial Imagery

 

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