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530 Park Avenue, #7G

$3,700,000 ($2,514 per ft2) | 2 beds, 2 baths | Approx. 1,472 ft2
Building Profile  | 
38 days on Market

Key Details

  • Listed: Oct 27, 2024
    Last Price Change: ($25,000) on Oct 27
    Days on Market: 38
    Building Type: Condominium
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $1,909
Monthly Real Estate Taxes: $1,915
Total Taxes & Fees: $3,824 ($2.60/ft2)
Est. Monthly Mortgage: $19,396
Total Est. Monthly Carrying Cost: $23,220 ($15.77/ft2)
Note: the above is based on a down payment of 20% ($740,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Rich Historical Background: The building has a rich history, being built in 1940 and converted to a condominium in 2013. It was designed by renowned architect George F. Pelham Jr., and the conversion was handled by Handel Architects LLP with interior design by William T. Georgis.
  • Prime Location: This prestigious Park Avenue property is located in the Upper East Side, offering close proximity to Central Park, luxury shopping, Michelin-starred restaurants, exclusive private schools, and renowned cultural institutions.
  • Exceptional Building Amenities: The building provides a 24-hour doorman-concierge, private fitness center, children’s center, library, landscaped courtyard garden, resident storage, health club, pool, washer/dryer in building, elevator, children's playroom, lounge, outdoor entertainment space, courtyard, bike room, fireplaces, live-in superintendent, and terraces/balconies.
  • Convenient Transportation: The property offers good public transportation and is very convenient to midtown.
  • Luxurious Apartment Features: The apartment boasts an expansive living room, separate dining room, three exposures, and a luxurious kitchen & baths. It also features high-quality interior finishes such as herringbone hardwood floors, a Smallbone by Devizes gourmet kitchen, custom cabinetry, marble baths, central air, oversized windows, and ample closet space.
  • In-Unit Amenities: The apartment also includes an in-unit washer/dryer for added convenience.

Description

Welcome to this superb, mint-condition home, located in a prestigious Park Avenue Condominium in a most prime location. This beautiful home features an expansive living room, separate dining room, three exposures, and luxurious kitchen & baths. The layout is gracious, perfect for entertaining, and includes timeless interiors such as herringbone hardwood floors, a Smallbone by Devizes gourmet kitchen, including custom cabinetry, marble baths, central air, oversized windows, and ample closet space.

530 Park Avenue offers an array of amenities, including a 24-hour doorman-concierge and a private fitness center overlooking an award-winning landscaped courtyard with a French garden and reflecting pool. Additional features include lounges, sitting rooms, a library with a billiard table, and a children’s creativity center—ensuring a sophisticated lifestyle on this historic avenue. Experience the pinnacle of elegance at Park Avenue, one of the world’s most coveted addresses, just steps away from Central Park. This prime location provides access to luxury shopping, Michelin-starred restaurants, exclusive private schools, and renowned cultural institutions."

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Apartment Amenities

  • Garden
Listing courtesy of Compass

Pricing History

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About 530 Park Avenue

81

530 Park Avenue has received a CityRealty Rating of 81, 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

24
Out of 44
+
29
Out of 36
+
19
Out of 39
+
9
=
81
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 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:
Part of Historic District 1 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
Yes 1 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:
Impressive 3 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:
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:
Quite Stylish 3 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
Some 1 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:
Some 1 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
Yes 1 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: 2013
  • Concierge
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Garden
  • Health Club
  • Pool
  • Washer/Dryer in building
  • Elevator
  • Children's Playroom
  • Lounge
  • Fitness Center
  • Outdoor Entertainment Space
  • Courtyard
  • In-Unit Washer/Dryer
  • Bike Room
  • Fireplaces
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • Prime Upper East Side location
  • Garden with reflecting pool
  • Curved glass bay windows
  • Limestone entrance rotunda
  • Entrance marquee
  • Concierge
  • Good public transportation
  • Very convenient to midtown
  • Doorman
  • Close to Subway
Cons
  • No roof deck
  • No balconies
  • No garage
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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 0.18 miles
  1. M
  2. E
at 5th Ave and 53rd 0.41 miles

Aerial Imagery

 

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