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The Palacio, 620 Park Avenue, #14

$19,750,000 | 4 beds, 4.5 baths
Building Profile  | 
27 days on Market

Key Details

  • Listed: Oct 11, 2024
    Days on Market: 27
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $19,084
Est. Monthly Mortgage: $104,482
Total Est. Monthly Carrying Cost: $123,566
Note: the above is based on a down payment of 20% ($3,950,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Building Amenities: This prestigious pre-war white-glove cooperative was designed by the legendary J.E.R. Carpenter. Building amenities include a wonderful building staff, a private roof terrace for owners, and a new gym in the basement.
  • Prime Location: This duplex apartment is situated in a prestigious location on Park Avenue, in the heart of one of New York’s most distinguished neighborhoods. It's just blocks away from Central Park and close to boutiques and subway.
  • Stunning Interiors: The apartment has been renovated by the masterful architectural firm, Ferguson & Shamamian with interiors by Brian McCarthy. It features a stunning paneled, blue-glazed dining room, three wood-burning fireplaces, and a luxurious primary bedroom suite with glorious light from both the south and west.
  • High-End Kitchen and Entertainment Room: The property boasts a chef’s kitchen with a great island, custom cabinetry, vented range, and ultra high-end appliances. The expansive entertainment room has a beautiful, vaulted ceiling, steel casement windows and doors that open to terraces.
  • Outdoor Living: The duplex offers brilliant landscape design for al fresco living and dining on the terraces by Deborah Nevins & Associates. It also has beautiful southern and western exposures offering a glimpse of Central Park.
  • Modern Conveniences: The apartment is equipped with custom-outfitted closets, multi-zoned central AC, and a full-home Savant installation controlling music, shades, HVAC, and custom Lutron lighting throughout. It also includes a separate private laundry room, a cedar closet and a storage room, all located on the basement level of the building.

Description

If you have been looking for an apartment that makes you think “I can’t believe I live here!”, you have found it! Located in the heart of one of New York’s most distinguished neighborhoods and blocks from Central Park, this duplex apartment with terraces, unobstructed views, and exceptional light, is set above the rest. This is an apartment for great entertaining in the stunning paneled, blue-glazed dining room and on the expansive terraces off the upstairs entertainment room.

The paneled library features one of three wood-burning fireplaces where you can cozy up on a crisp fall night. It’s an apartment for cooking together and eating en famille at the banquette in the kitchen. It’s a residence with a primary bedroom suite, luxurious and private, with glorious light from both the south and west.

The 14th/15th penthouse duplex apartment is a full-floor and a half, four-bedroom apartment with three full baths and two half baths (one easily convertible to a full bath). The masterful architectural firm, Ferguson & Shamamian renovated the apartment with interiors by Brian McCarthy. From the direct access elevator, one enters a spacious foyer/gallery paralleling the living room to the east.

To the south, a gorgeous wood-paneled sitting room sits adjacent to the living room and a wood-paneled library just off the entrance gallery. Mahogany double doors connect the impressive and comfortable living room and dining room spaces, offering eastern views overlooking Park Avenue. A chef’s kitchen, with a great island and custom cabinetry, has a vented range and a suite of ultra high-end appliances.

This space, with extraordinary light, includes a built-in desk and a lovely banquette eat-in area. The corner, primary-bedroom suite, as noted, has beautiful southern and western exposures offering a glimpse of Central Park and has a separate, windowed dressing room leading to a gracious bath. It is located at the opposite end of the floor, away from the three-bedroom children’s wing, for privacy. Access to the 15th floor is gained by a graceful staircase, which leads to an expansive entertainment room with a beautiful, vaulted ceiling, steel casement windows and doors that open to terraces which has northern, eastern, and western exposures and long views of the Midtown skyline.

Adjacent to this exceptional room is a charming home office with a Murphy bed and a half bath with laundry (which can be converted to a full bath). An outside staff room, now converted to an assistant’s office, is located on the same floor. For the terraces, Deborah Nevins & Associates envisioned a brilliant landscape design for al fresco living and dining. A lovely working fountain is also included. The terrace, recently renovated with a complete stucco facade installation, has exceptional east and west exposure.

Everything has been done thoughtfully and with the highest attention to detail and quality. Other features of this beautiful, classic home include hand-crafted mahogany doors from London with exceptional hardware from P.E. Guerin, custom-outfitted closets, multi-zoned central AC, and a full-home Savant installation controlling music, shades, HVAC, and custom Lutron lighting throughout the apartment. The residence also transfers with a separate private laundry room, a cedar closet and a storage room, all located on the basement level of the building. 620 Park is a prestigious pre-war white-glove cooperative designed by the legendary J.E.R. Carpenter in 1924. The building is located on the Northwest Corner of 65th Street, with only 14 full-floor residences.

Additional amenities include a wonderful building staff, a private roof terrace for owners, and a new gym in the basement.

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Apartment Amenities

  • Terrace
Listing courtesy of Compass

Pricing History

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About The Palacio, 620 Park Avenue

76

The Palacio, 620 Park Avenue has received a CityRealty Rating of 76, 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

21
Out of 44
+
29
Out of 36
+
16
Out of 39
+
10
=
76
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:
Enclosed 1 out of 2 points
Airconditioners:
Discrete 1 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:
Consistent 1 out of 1 points
Landmark:
Part of Historic District 1 out of 2 points
Unity:
Unrelated Base 0 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:
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:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 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:
1 5 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 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:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • FT Doorman
  • Elevator

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Pros
  • Very few apartments
  • Large apartments
  • Doorman
  • Close to boutiques
  • Prime location
  • Designed by J. E. R. Carpenter
  • Close to Subway
Cons
  • No sidewalk landscaping
  • No balconies
  • No garage
  • No roof deck
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Subways

  1. F
at Lexington Ave and 63rd 0.17 miles
  1. 6
at Lexington Ave 0.19 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
at 3rd Ave and 60th 0.30 miles

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