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510 Park Avenue, #6A

$5,995,000 ($1,236 per ft2) | 5 beds, 5.5 baths | Approx. 4,850 ft2
Building Profile  | 
384 days on Market

Key Details

  • Listed: Oct 18, 2023
    Days on Market: 384
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 177 times
Monthly Maintenance: $9,635 ($1.99/ft2)
Est. Monthly Mortgage: $31,844
Total Est. Monthly Carrying Cost: $41,479 ($8.55/ft2)
Note: the above is based on a down payment of 20% ($1,199,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Spacious and Customizable Living: This full floor, 4,850 sq. ft. apartment offers 5 bedrooms and 5.5 bathrooms, high ceilings, and the flexibility of alternative layouts for customization, perfect for those who value space and personal touch.
  • Prime Location: Nestled in the prestigious Park/Fifth Ave. to 79th St. neighborhood, this apartment is conveniently close to established restaurants, galleries, boutiques, Central Park, public transportation, and the midtown office district.
  • Building Amenities: The cooperative building, built in 1925, offers a sense of community and historical charm. It features a full-time doorman, fitness center, bicycle room, storage availability, and an elevator for added convenience.
  • Pet and Pied-a-Terre Friendly: This apartment is not only pet-friendly but also allows Pied-a-Terre, making it a versatile choice for various living arrangements.
  • Stunning Architecture: The building boasts an impressive lobby, a canopied entrance with attractive bronze doors, and offers a city view from the apartment, adding to its historical charm.
  • Convenience and Security: With a full-time doorman for added security, proximity to public transportation, and located near many fashionable restaurants and boutiques, this apartment offers a blend of convenience and security.

Description

*Photos are virtually rendered - Approximately 4850 sq. ft. - Full Floor Apartment with Private Vestibule - High Ceilings - 13 to 10 Gracious Rooms - 4 to 5 Bedrooms, 5 to 6.5 baths possible - Alternative Layouts Available - Pets Allowed - Pied-a-Terre Allowed - Storage Available Not for purchasers with no or little imagination. This sprawling full-floor unit has not been renovated for decades. Still, the layout easily evokes the bygone time in New York history when one had weekly catered dinners wherein dignitaries, the intelligentsia, the socialites, and the philanthropists mingled freely to discuss issues of the day.

From the roaring Jazz Age to the swinging “disco fever” 70s, to the punk rock culture of the 80s and 90s, one can visualize how the gracious rooms of this incredible apartment could have accommodated all effortlessly. Even after years of vacancy, one can still feel the joie de vivre that flows from room to room. Originally 13 rooms converted into 10, the residence offers the new owner a chance to create four, five, even six bedrooms without taking away from or substantially limiting the entertaining space!

Current layout: The elevator opens onto a private vestibule that offers both security, privacy, and practicality. Proceeding further, one finds a spacious gallery and corridor with an expansive display wall that’s an art lover’s dream. Here, one also gains access to key service, entertaining, and living areas.

The bright corner living room, facing north and east, is truly a grand salon. Nearly 550 square feet with a wood-burning fireplace, it offers plenty of room for multiple seating arrangements perfectly suited to today’s style of entertaining. The adjoining formal dining room is nearly 400 square feet.

That’s more than enough for a large gathering of family and friends AND social distancing, whether you have to or you simply want to (almost everyone has a weird cousin...) The windowed kitchen efficiently consists of a main working area plus a breakfast area or butler’s pantry, The rooms that follow were originally four maid’s rooms that are currently a staff room, a mechanical room (for HVAC), and a media room. Across the hall facing Park Avenue are the living room, library with bath, two supplemental bedrooms, and baths. Rounding it off is an enormous primary bedroom with an insane amount of closets, a dressing room/gym, and two primary baths.

The current floor plan shows west-facing windows that are currently covered but can be restored. This grand residence is not for everyone. It is for a purchaser who is looking for a special project, who can get past the aesthetics, who can see the brilliant sparkle on a diamond that has just been unearthed. Bring your architect. Bring your contractor. But most of all, bring your passion.

Because that’s what will make this amazing space truly magical. Built-in 1925, 510 Park Avenue is a premiere cooperative originally built by Starrett Brokers and designed by F.H. Dewey & Company. With only 26 residences, it is considered boutique by New York standards.

The co-op features a fitness center and bicycle room. Located just at the cusp of the Upper East Side, it is ideally located near the best-established restaurants, galleries, and boutiques in New York as well as the flagships of the biggest global fashion and jewelry brands. It is a stone’s throw away from Central Park, and a flaneur’s delight.

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Listing courtesy of Nest Seekers LLC

Pricing History

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About 510 Park Avenue

71

510 Park Avenue has received a CityRealty Rating of 71, 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

20
Out of 44
+
26
Out of 36
+
16
Out of 39
+
9
=
71
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:
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:
Exists 1 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:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 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:
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:
Spacious 4 out of 5 points
Units Per Floor:
2 4 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
None 0 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:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • FT Doorman
  • Pre War
  • Elevator

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Pros
  • Very few apartments
  • Doorman
  • Convenient to public transportation
  • Convenient to many fashionable restaurants and boutiques
  • Convenient to midtown office district
  • Impressive lobby and entrance
  • Superb location
  • Close to Subway
Cons
  • No garage
  • No health club
  • Protruding air-conditioners
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Subways

  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. 6
at Lexington Ave and 60th 0.11 miles
  1. F
at Lexington Ave and 63rd 0.21 miles
  1. M
  2. E
at 5th Ave and 53rd 0.37 miles

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