Active
$17,975,000
Price
3
Beds
5
Baths

525 PARK AVE  PHA

New York, New York NY10065

Stepping out of your elegant private elevator into the grand windowed-entrance hall, a rare and lavish wraparound terrace is just the first striking feature you set eyes on in this 15th floor penthouse paradise. This full-floor regal residence features 4,410 square feet with three bedroom suites, four full bathrooms, a library, a staff bedroom, and a powder room. Throughout the majestic residence, are soaring ceilings, new hardwood floors, central and through-the-wall air conditioning, raised doorways, and oversized windows. The windowed south-facing kitchen alone is 21'4" long. The enchanting, landscaped, 2,376-square-foot terrace, with multiple seating areas, and stunning city views-- including a peek of Central Park -- is ideal for private, alfresco entertaining and watching dazzling sunsets over Park Avenue. The terrace conveniently has both automatic watering and ambient lighting systems. Off the gallery is an exquisite powder room and an oversized coat closet. The sun-flooded corner living room boasts a wall of windows and a French door facing west opening onto the terrace and four oversized windows facing north; this magnificent room has herringbone floors and a wood-burning fireplace. Off the living room is another windowed gallery with French doors that open onto the terrace and a large hallway closet. The gallery leads to the corner formal dining room which has eight windows facing east and north. There is a windowed eat-in kitchen with a center island with seating as well as a separate breakfast area. The kitchen is equipped with top-of-the-line appliances including a Subzero refrigerator and freezer, Subzero wine refrigerator, Miele dishwasher, Thermador professional six-burner range and oven, Wolf convection oven, Wolf built-in microwave, and Wolf warming drawer. Adjacent to the kitchen are two pantry closets and a laundry area with a Maytag washer and vented dryer, as well as a corner staff room and full bathroom. Completing the public spaces is a wood-paneled library that houses the third set of French doors that open onto the terrace. As for the private quarters, the primary bedroom suite has three exposures, facing south, east, and west. There are two large dressing rooms with custom built-ins and an en-suite bathroom with two sinks, a shower, and a separate bathtub. There are two additional bedroom suites both with en-suite bathrooms and excellent closet space. This luxurious full-floor penthouse is located at 525 Park Avenue, a premier white-glove condominium built in 1914, designed by celebrated New York City architects, Schwartz & Gross. Ideally located on 61st Street, residents enjoy proximity to Manhattan's many attractions, such as some of the city's greatest museums along with an impressive concentration of galleries, elegant shops, five-star restaurants and beautiful Central Park which provides an oasis of greenery and light.

About This Property

Listing IDCORC-6386498
Price$17,975,000$2M
StatusActive
Beds3
Baths5
CountyNew York
Year Built1915
Property TypeUnit Sale
Property Sub TypeCondoCoop
Property Type Unit Sale
County New York
Price Before Reduction 19775000
Price Reduction Date 2021-12-07T22:34:30+00:00
Property Sub Type CondoCoop
Year Built 1915
Fitness Room no
Floor Has Laundry yes
Laundry yes
Unit Washer Dryer yes
Balcony no
Bike Storage no
Courtyard no
Doorman FullTime
Garage no
Garden no
Garden no
Juliet Balcony no
Lot Length 100
Lot Width 99
Patio no
Pool no
Roof Deck no
Roof Deck yes
Storage no
Terrace yes
Terrace yes
Borough Manhattan
Building Name 525 PARK AVE CONDO
Neighborhood Upper East Side
Building Type Elevator
Health Club no
Lobby Attendance Type No
Lobby Attendant No
New Development no
Pet Policy No dogs
Pet Policy No dogs
Pre-war yes
Maintenance Common Charges 8118
Maximum Financing Percent 99
Monthly Tax Amount 9935
Ownership Type Condo

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© 2022 Real Estate Board of New York. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of REBNY. Real estate listings held by IDX Brokerage firms other than Compass are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is deemed reliable but not guaranteed. Data last updated: Sunday, January 16th, 2022 at 04:21:19 AM. Listing courtesy of Corcoran Group.
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