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525 Park Ave, 5C/5D
Upper East Side, Manhattan | East 60th Street & East 61st Street
10 Rooms4 Beds4 Baths3,000 Square FeetCondo
$9,995,000
$9,995,000
Updated 10 years ago
Off Market

525 Park Ave, 5C/5D

Upper East Side, Manhattan | East 60th Street & East 61st Street

10 Rooms4 Beds4 Baths3,000 Square FeetCondo

$9,995,000
Common Charges$4,035
RE Taxes$1,672
Price Per SF
$3,332

Listing Features

  • Architectural Dtls
  • Entry Foyer
  • Full Floor
  • Galley Kitchen
  • High Ceilings [10']
  • Potential Combo
  • Private Elevator
  • Separate Dining Area
  • Adjoining Pantry
  • Dishwasher
  • Eat-in Kitchen
  • Windowed Kitchen
  • En Suite Bathroom

Outdoor space and views

  • City Views
  • East Exposure
  • South Exposure
  • West Exposure

Building Amenities

  • Full-Time Doorman
  • Elevator
  • Laundry Room
  • Roof Deck

Policies

  • Pets Allowed

Property Description for 525 Park Ave, 5C/5D

A unique and rarely available opportunity to own one of the last full floor apartments, redolent of the grand age of Manhattan prewar architecture, in what is considered to be the pre-eminent prewar condominium building in Manhattan! The present opportunity is for the purchase of two contiguous apartments, 5C & 5D, and to reconstitute them to the original grand design. Alternatively the apartments could be retained separately in their present 5.5 & 4.5 room configuration.

Presently, apartment 5C (5.5 rooms) consists of the original large scale front public rooms including a stately, 'Parisien-style' living room & adjacent dining room (replete with original architectural detail and European mitering) -- extending 40 feet on Park Avenue; elegant entry foyer, master bedroom with en-suite bath, large square 2nd bedroom / library with en-suite bath. Apartment 5C is in excellent condition.

Apartment 5D (4.5 rooms) consists of the original rear private quarters including 2 bedrooms & 2 baths, original eat-in kitchen and dining area. There are 10ft ceilings throughout both apartments. The rear apartment will require renovation but is perfectly positioned & suited to combine with apartment 5C.

A reconstituted apartment 5C/D anticipates 9-10 beautifully proportioned rooms offering an optimal arrangement for practical, serene living and elegant formal entertaining. The public areas and private chambers can easily be deployed in a gracious and useful floor plan and given maximum separation by a lengthy and elegant hallway. The public areas would comprise a regal size living room & dining room (40 foot frontage on Park Avenue), a private elevator vestibule and oversize front hall gallery, a large eat-in-kitchen & butler's pantry and a large square library (bedroom). The private quarters would consist of 4 large-scale bedrooms with en-suite baths. There are three exposures and all major rooms are swept and burnished by western, eastern & southern sunlight.

525 Park Avenue is a fully staffed 'white glove' building with all amenities including ample private storage and is located literally at the apex of what is presently Manhattan's most desirable residential corridor, steps from the tranquility of Central Park.

Please be advised that apartment 5D has limited access for showing subject to concluding a probate proceeding.

Listing History for 525 Park Ave, 5C/5D

Now
06/10/2016
POM by Art Irwin
Brown Harris Stevens Residential Sales LLC
05/16/2016
$9,995,000 [-$1,000,000] [9.1%]
Price Drop by Art Irwin
Brown Harris Stevens Residential Sales LLC
Load More

Building Details for 525 Park Ave

OwnershipCondo
Building TypeMid-Rise
Service LevelFull-Time Doorman
AgePre-War
AccessElevator
Year Built1915
Financing Allowed99%
Floors/Apts13/48
Learn More About the Building

Transit and Citi Bike

Subway

59 St
0.1 miles
Lexington Av/59 St
0.11 miles
Lexington Av/63 St
0.16 miles
5 Av/59 St
0.25 miles
68 St-Hunter College
0.4 miles

Citi Bike

E 61 St & Madison Ave
0.11 miles
E 58 St & Madison Ave
0.18 miles

Contact Agent

Contact Agent

Art Irwin
Brown Harris Stevens

Upper East Side | Manhattan

Quick Profile

Exuding a cosmopolitan, refined air that is reminiscent of Paris or other European cities, the Upper East Side (the UES, to local cognoscenti) has a reputation as being a bastion of wealth and privilege. Even though it was built by American “royalty” families like the Vanderbilts, Roosevelts, Kennedys, Carnegies and Rockefellers, whose elaborate mansions once anchored Fifth Avenue, there are affordable housing options throughout the neighborhood. The further east you move, away from Central Park and the more commercial avenues, the more likely you are to find quiet, tree-lined streets with historic townhouses and brownstones. Keep your eye out for reasonably priced apartments in pre-war low-rise and even a few high-rise buildings.

With abundant, beautifully landscaped green spaces, including the oasis of Central Park acting like a backyard, the area is quiet and lushly green. You can relax and unwind in John Jay Park, Carl Schurz Park or take a stroll along the East River Promenade. The whole neighborhood seems isolated from the workaday chaos of the city at large. Add to that the history of the neighborhood and the abundance of cultural institutions, and you have a uniquely welcoming neighborhood.

Known for its abundance of high-end retail shopping, especially on Madison Avenue, the Upper East Side is host to the Barneys New York flagship department store. Here you can find upscale goods, fashion and home decor items. You will also find the edgy runway-inspired Alexander McQueen collections. If you are dying to treat your feet to red-soled opulence, be sure to visit the Christian Louboutin boutique. These are only a small sampling of this high-end shopper’s paradise that features everything from designer boutiques that offer the ultimate in haute couture to resale shops where you can find last season’s best on sale at hefty discounts .

There are many unique dining experiences, from fine dining to the casual bite-on-the-go, awaiting you in the UES. Sushi is going through a renaissance in the city, and the best omakase-style sushi can be found at Sasabune on E 73rd Street. Omakase sushi means that you leave the choice of ingredients, preparation method and presentation to the chef. Elegant French cuisine can be experienced at JoJo, E 64th Street, housed in gorgeous townhouse. Just for fun, visit the Lexington Candy Shop on Lexington Avenue, to get a taste of an old-fashioned soda fountain.

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1492125
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