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In Contract

Trump Park Avenue, 502 Park Avenue, #6D

$2,950,000 ($1,912 per ft2) | 2 beds, 2 baths | Approx. 1,543 ft2
Building Profile  | 
91 days on Market

Key Details

  • Listed: Aug 22, 2024
    Days on Market: 91
    Building Type: Condominium
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $2,833
Monthly Real Estate Taxes: $2,362
Total Taxes & Fees: $5,195 ($3.37/ft2)
Est. Monthly Mortgage: $17,610
Total Est. Monthly Carrying Cost: $22,805 ($14.78/ft2)
Note: the above is based on a down payment of 10% ($295,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This prestigious Park Avenue residence is in close proximity to Central Park, world-renowned restaurants, and shops, and offers easy access to the subway and public transportation.
  • Spacious and Elegant Living: The spacious 2 bedroom, 2 bathroom corner residence boasts Park Avenue views, charming beamed ceilings and moldings, herringbone wood floors, and the option to combine with unit 6C for a larger 4 bedroom residence.
  • Gourmet Kitchen and Luxurious Bathrooms: The residence features a gourmet eat-in kitchen with stainless steel appliances and luxurious marble bathrooms.
  • Ample Storage and Modern Conveniences: The unit offers abundant walk-in closets and is pre-wired for high speed internet and cable access. Building amenities include resident storage, central AC, a full service garage, a health club, an elevator, and a bike room.
  • White Glove Services: Enjoy the luxury of white glove service and security, including a 24-hour doorman and concierge, valet service, and daily maid and laundry service.
  • Pre-War Charm: This pre-war building has a distinguished tower design and offers the charm of a bygone era with all the modern conveniences of today.

Description

ONE OF THE BEST CONDO VALUE IN NYC and located on PARK AVENUE at 60th STREET!

Elegant design and luxurious comfort are exquisitely embodied in this Park Avenue split Two Bedroom, Two Bathroom Corner Residence. Spanning a generous 1543 square feet, Residence 6D boasts Park Avenue views, an expansive living and dining room, a windowed, gourmet eat-in kitchen with stainless steel appliances, stunning marble baths, spacious bedrooms, and abundant walk-in closets. This unit is in mint condition with charming beamed ceilings and moldings, herringbone wood floors with base and crown moldings with all rooms.
The Living Room has three expansive windows that brings glorious natural southern sunlight inside and also faces east to Park Avenue.Live in the most prestigious and convenient location in NYC at the coveted address of 502 Park Avenue designed by Costas Kondylis . A stunning Prewar Condominium with white glove service and security will be above your expectations.

Ideally situated 2 blocks to Central Park,, cultural destinations, Bergdorf Goodman, Bloomingdales, world renowned restaurants, charming bistros and all transportation.

The residents at 502 Park experience an unparalleled level of service and security. The staff is strictly white glove service attending to your every need at any hour. . The 24 hour doorman and 24 hour hotel style concierge are attentive to your every need in a professional manner.

There is an engineer to take care of anything that needs attention and assistance as well as a resident manager. Other services include the state of the art fitness center , valet service, daily maid and laundry service is available upon request, valet parking and an uninterrupted manned security center around the clock. This is a wonderful home to live , a pied a terre and an investment.

It can be combined with unit 6C to make it a large 4 bedrooms, Rare Opportunity!

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Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About Trump Park Avenue, 502 Park Avenue

85

Trump Park Avenue, 502 Park Avenue has received a CityRealty Rating of 85, 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

28
Out of 44
+
26
Out of 36
+
22
Out of 39
+
9
=
85
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:
Poorly Done 0 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but Very Good 3 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:
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:
Outstanding 5 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:
A lot 0 out of 3 points
Protected Views:
Only Top Floors 1 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:
3-6 Short Blocks 1 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:
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:
Yes 1 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
Some 1 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

  • Conversion Year: 2005
  • Attended Lobby
  • Concierge
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Central AC
  • Full Service Garage
  • Health Club
  • Elevator
  • Valet Parking
  • Bike Room

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Pros
  • Resident building manager
  • Close to Subway
  • Good public transportation
  • Sidewalk landscaping
  • Lavish attended lobby
  • Great views
  • Concierge
  • Some high ceilings
  • Daily maid and laundry service is available
  • All units are pre-wired for high speed internet and cable access
  • Distinguished pre-war tower
  • Convenient to Madison Avenue boutiques
  • Fitness center
  • Garage with valet service
  • Very convenient to midtown
  • Doorman
Cons
  • Non-contextual alterations to tower
  • Lots of traffic
  • No sundeck
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Subways

  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. 6
at Lexington Ave and 60th 0.13 miles
  1. F
at Lexington Ave and 63rd 0.23 miles
  1. M
  2. E
at 5th Ave and 53rd 0.34 miles

Aerial Imagery

 

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