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The Parkside, 525 Park Avenue, #11AB

$11,495,000 ($2,874 per ft2) | 4 beds, 6 baths | Approx. 4,000 ft2
Building Profile  | 
281 days on Market

Key Details

  • Listed: Feb 13, 2024
    Last Price Change: ($500,000) on Aug 13
    Days on Market: 281
    Building Type: Condominium
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 381 times
Monthly Common Charges: $6,812
Monthly Real Estate Taxes: $4,120
Total Taxes & Fees: $10,932 ($2.73/ft2)
Est. Monthly Mortgage: $61,243
Total Est. Monthly Carrying Cost: $72,175 ($18.04/ft2)
Note: the above is based on a down payment of 20% ($2,299,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This full-floor apartment is situated in a prime Park Avenue location, close to Central Park, public transportation, boutiques, restaurants, and midtown.
  • Spacious and Luxurious Design: The large, approximately 4,000 sq ft apartment has been renovated and designed by acclaimed decorator David Kleinberg. It features a grand scale living room, a large gallery, a formal dining room with 10-foot ceilings, and four well-appointed bedrooms each with its own expertly designed en-suite bathroom.
  • Master Suite and Kitchen: The master suite includes an oversized bathroom with a steam shower, a Jacuzzi tub, and a luxurious dressing room. The apartment also boasts a chef’s kitchen and pantry with state-of-the-art appliances.
  • Entertainment and Smart Home Features: The apartment is perfect for entertaining with a wet bar and wine room, and it also includes smart home design features such as a sophisticated lighting and media system, motorized black-out and sun shades, and climate controls.
  • Building Amenities and Design: The building, designed by renowned New York architects Schwartz & Gross, is a stately pre-war condominium converted in 1989. It offers white-glove service and regal apartments with ten-foot ceilings and fireplaces in living rooms. Amenities include a full-time doorman, resident storage, rooftop terrace, in-unit washer/dryer, and elevators.
  • Additional Benefits: The apartment comes with a private parking space, a rare benefit in New York real estate, and additional storage is available.

Description

Welcome to this exceptionally rare home on Park Avenue. This triple mint condition home renovated and designed by acclaimed decorator David Kleinberg, resulting in a one-of-a-kind space that must be seen to be believed. The full floor apartment was converted from 11 rooms into 8 and is situated on a high floor with breathtaking unobstructed views in all directions. The sun-flooded prewar condo features a grand scale living room, a large gallery, and a formal dining room with 10 foot ceilings throughout the space.

The home has 4 well-appointed bedrooms, each with its own expertly designed en-suite bathroom. The master suite includes an oversized bathroom with a steam shower, a Jacuzzi tub, and a luxurious dressing room. The living space was meticulously designed with entertaining in mind. The chef’s kitchen and pantry feature state-of-the-art appliances, including dual ovens and dishwashers, warming drawers, and a sun-filled dining area.

There’s a wet bar next to the elegant formal dining room, and a wine room off the kitchen complete with a sensored door. The home also features a laundry room and powder room. The foyer is perfectly laid out for the major art collection, with “smart home” design features to highlight the design and decor of the home. The apartment also had a sophisticated lighting and state of the art media system, along with motorized black-out and sun shades, and climate controls. A private parking space in the building is included with the apartment--a truly rare benefit in New York real estate!

Additional storage is also available. Located on 61st and Park Avenue, 525 Park Avenue is a luxury white glove Pre-War condominium, with easy access to the best of the Upper East Side. This is a co-exclusive.

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Apartment Amenities

  • City View
Listing courtesy of Sothebys International Realty

Pricing History

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About The Parkside, 525 Park Avenue

74

The Parkside, 525 Park Avenue has received a CityRealty Rating of 74, 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
+
26
Out of 36
+
15
Out of 39
+
9
=
74
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Dramatic 3 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:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Not Allowed 2 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:
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:
3-5 Short Blocks 1 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:
3-4 3 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:
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: 1989
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • In-Unit Washer/Dryer
  • Fireplaces
  • Terraces / Balconies

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Pros
  • Prime Park Avenue location
  • Close to Central Park
  • Large apartments
  • Close to public transportation
  • Doorman
  • Convenient to boutiques and restaurants along Madison Avenue
  • Close to midtown
  • Close to Subway
Cons
  • No garage
  • Considerable traffic
  • No health club
  • No sundeck
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Subways

  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. 6
at Lexington Ave and 60th 0.10 miles
  1. F
at Lexington Ave and 63rd 0.15 miles
  1. M
  2. E
at 5th Ave and 53rd 0.43 miles

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