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The Beekman, 575 Park Avenue, #1407

$3,750,000 ($1,357 per ft2) | 3 beds, 3 baths | Approx. 2,763 ft2
Building Profile  | 
120 days on Market

Key Details

  • Listed: Jul 8, 2024
    Days on Market: 120
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 168 times
Monthly Maintenance: $13,778 ($4.99/ft2)
Est. Monthly Mortgage: $12,449
Total Est. Monthly Carrying Cost: $26,227 ($9.49/ft2)
Note: the above is based on a down payment of 50% ($1,875,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Investment and Purchase Options: The property comes with a 101-year extension of the land lease for secure investment and has a liberal sublease policy. The building permits Pieds-a-terre, International buyers, Trusts, and LLC purchases.
  • Location and Neighborhood: This iconic landmark residence is located in the prestigious Park Avenue neighborhood in the Upper East Side, offering unparalleled access to New York City’s finest cultural attractions, shopping destinations, and dining experiences. It is in close proximity to Central Park, Museum Mile, Lincoln Center, and Broadway.
  • Design and Layout: The sun-filled, seven-room home has been masterfully redesigned and custom-renovated, featuring three bedrooms each with their own wing for privacy, an oversized living area with formal dining, and a south-facing, eat-in, windowed kitchen with state-of-the-art appliances and custom cabinetry. The residence also includes a separate home office and private laundry room.
  • Interior Details: The residence boasts herringbone wood flooring, custom moldings and details, custom lighting, hard-wired speakers, and built-in hidden storage, offering a blend of classic architecture and contemporary amenities.
  • Services and Amenities: The building offers hotel-style services including a 24-hour concierge, fitness center, daily housekeeping, and dedicated staff. Other amenities include a doorman, health club, intercom, rooftop terrace, elevator, valet services, bike room, and live-in superintendent.
  • Dining: Residents can enjoy in-house dining at Caf Boulud, renowned for its exceptional cuisine and sophisticated ambiance.

Description

Where Prestige Meets Perfection. Discover luxury living and elevate your lifestyle in this iconic landmark residence. With its rich history of refined living, this building has long been a coveted choice for discerning individuals seeking sophistication and style. This sun-filled, seven-room home features an expansive living room and city skyline views to the north and east through 46" windows overlooking Park Avenue.

Masterfully redesigned and custom-renovated, this three-bedroom, three-bath residence offers unparalleled elegance and privacy.

This well crafted design includes three separate wings for each bedroom, ensuring privacy. The oversized, centrally located living area with formal dining brings everyone together for entertaining. Benefit from hotel-style services with a 24-hour concierge, fitness center, daily housekeeping, and a dedicated staff committed to enhancing your living experience.

The south-facing, eat-in, windowed kitchen is bathed in sunlight and features a white Bilotta design with state-of-the-art appliances and custom panel-ready push-button cabinetry, perfect for culinary enthusiasts.

The residence boasts herringbone wood flooring, custom moldings and details, custom lighting, hard-wired speakers throughout, an abundance of built-in hidden storage for a minimalist and convenient living experience, separate home office and private laundry room in unit with vented washer/dryer.

Located in the heart of the Upper East Side, The Beekman Residences offers unparalleled access to New York City’s finest cultural attractions, shopping destinations, and dining experiences. Central Park, the Museum Mile, and Madison Avenue boutiques are just steps away, providing endless opportunities to explore and enjoy the best of the city.

Indulge in culinary excellence at Caf Boulud, located within our residence. Renowned for its exceptional cuisine and sophisticated ambiance, Caf Boulud offers a dining experience that complements the refined lifestyle of 575 Park Avenue.

Enjoy gourmet meals, elegant brunches, and private events in a setting that embodies the finest in dining.

The 101-year extension of the land lease secures your investment and peace of mind for generations to come.

Experience the perfect blend of classic architecture and contemporary amenities, designed to meet the highest standards of comfort and style. Join a select group of residents who appreciate the exclusivity and prestige of one of Manhattan’s most sought-after addresses.

This is the pinnacle of luxury living at 575 Park Avenue, where every detail is crafted to perfection. Contact us today to schedule a private viewing and experience this extraordinary residence firsthand.

Join a community that values tradition, luxury, and prestige. Flip tax 3% paid by Buyer.

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Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About The Beekman, 575 Park Avenue

80

The Beekman, 575 Park Avenue has received a CityRealty Rating of 80, 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

25
Out of 44
+
26
Out of 36
+
20
Out of 39
+
9
=
80
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
High-End 5 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:
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:
Enclosed 1 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:
None 0 out of 2 points
Fenestration:
No Consistency 0 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 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:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 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:
5-9 2 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:
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:
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:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Conversion Year: 1969
  • Concierge
  • FT Doorman
  • Pre War
  • Resident Storage
  • Health Club
  • Intercom
  • Rooftop Terrace
  • Elevator
  • Fitness Center
  • Valet Services
  • Bike Room
  • Live-In Superintendent

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Pros
  • Prime location
  • Some fireplaces
  • Maid service
  • Entrance marquee
  • Health club
  • Hotel services
  • Doorman
  • Concierge
  • Magnificent lobby
  • Close to Subway
Cons
  • No sidewalk landscaping
  • No garage
  • No roof deck
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Subways

  1. F
at Lexington Ave and 63rd 0.08 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. 6
at 3rd Ave and 60th 0.16 miles

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