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535 Park Avenue, #4AB

$3,999,999 | 3 beds, 4 baths
Building Profile  | 
43 days on Market

Key Details

  • Listed: Oct 11, 2024
    Last Price Change: ($395,001) on Nov 11
    Days on Market: 43
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $9,288
Est. Monthly Mortgage: $10,677
Total Est. Monthly Carrying Cost: $19,965
Note: the above is based on a down payment of 60% ($2,399,999), which is the minimum amount permitted by the building.

Insider Highlights

  • Expansive Layout: Sophisticated two-bedroom plus library layout, easily convertible to three bedrooms. Generously proportioned rooms with ceilings up to 10'6".
  • Elegant Living Spaces: Corner living room with a wood-burning fireplace and Juliet balcony offering expansive western views. Formal dining room ideal for entertaining.
  • Luxurious Primary Suite: Spacious primary bedroom featuring custom closets, en-suite windowed bath, and a dressing room with mirrored vanity. Additional bedrooms also include en-suite baths.
  • Timeless Pre-War Charm: Original details such as oak hardwood floors, classic moldings, and oversized windows. Four wood-burning fireplaces enhance the home's elegance.
  • Exclusive Building Amenities: Full-time doorman and live-in superintendent ensure exceptional service. Newly renovated common terrace on the 15th floor for residents' enjoyment.
  • Prime Upper East Side Location: Proximity to Central Park, Museum Mile, and upscale boutiques on Madison Avenue. Excellent public transportation options enhance convenience.

Description

Welcome to 535 Park Avenue, an exquisite pre-war cooperative designed by Herbert Lucas and built in 1909. Nestled in one of Manhattan’s most prestigious neighborhoods between 61st and 62nd Streets, this 15-story building offers an unparalleled level of white glove service.

This expansive residence features a sophisticated layout, currently configured as a two-bedroom plus library, with the potential to easily be restored to a three-bedroom configuration. With 4 bathrooms and a separate laundry room, the home exudes timeless elegance and pre-war charm, featuring original details such as high ceilings, oak hardwood floors, classic moldings, oversized windows and four exposures.

Upon stepping into the semi-private elevator landing, you are greeted by an elegant entrance foyer, leading to a grand gallery.

The corner living room is the heart of the home, complete with a wood-burning fireplace and Juliet balcony with expansive western views overlooking Park Avenue. The formal dining room, accessible from both the foyer and kitchen, provides a gracious setting for entertaining.
The spacious primary bedroom features an entire wall of custom closets, a wood-burning fireplace, an en-suite windowed bath, and a dressing room with mirrored vanity. The additional bedrooms also offer en-suite baths, ample closet space, and flexibility for various layouts.

The library features another wood burning fireplace and currently has one of the two walk-in closets set up as a thoughtfully designed bar. All rooms are generously proportioned, showcasing the grandeur of pre-war architecture with ceilings reaching up to 10’6”.

This premier residence is an entertainer’s dream, with its classic and gracious layout, four wood-burning fireplaces, and stunning pre-war details. The building itself is impeccably maintained, offering residents access to a newly renovated common terrace on the 15th floor roof, as well as a storage unit and extra laundry in the basement.

Its prime location provides proximity to Central Park, Museum Mile, and the upscale boutiques of Madison Avenue, as well as excellent public transportation options.

Experience the timeless sophistication and refined luxury of 535 Park Avenue, where historic charm meets modern convenience in the heart of the Upper East Side.

Max Financing – 40%
Pied A Terres – case by case basis
Flip Tax- 2% payable by the purchaser

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Listing courtesy of City Connections Realty Inc

Pricing History

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About 535 Park Avenue

79

535 Park Avenue has received a CityRealty Rating of 79, 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

23
Out of 44
+
27
Out of 36
+
20
Out of 39
+
9
=
79
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:
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:
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:
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 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:
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:
Quite Stylish 3 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:
Considerable 2 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:
Yes 1 out of 1 points
Recreational Roof:
Yes 1 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:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Live-In Superintendent

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Pros
  • Few apartments
  • Live-in superintendent
  • Roof deck
  • Sidewalk landscaping
  • Elevator operator
  • Pre war Details
  • Doorman
  • Convenient to public transportation
  • Convenient to many fashionable restaurants and boutiques
  • Convenient to midtown office district
  • Superb location
  • Close to Subway
Cons
  • No garage
  • No health club
  • Inconsistent windows
  • Protruding and discrete air-conditioners
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Subways

  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. 6
at Lexington Ave and 60th 0.12 miles
  1. F
at Lexington Ave and 63rd 0.13 miles
  1. M
  2. E
at 5th Ave and 53rd 0.45 miles

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