10 months on rocket

525 Park Ave Unit 5C, New York City, NY, 10065

$5,850,000

2 Bedrooms
2 Full Baths
1,837 SqFt
$3,185/SqFt
Condo
Schools Nearby

Location

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Property Highlights

Home TypeCondominium
Year Built1915
CoolingCentral Air
FireplaceDecorative
ViewCity
MLS #RPLU-33422537569
StatusActive

About 525 Park Ave Unit 5C

This bright corner unit on the fifth floor of a white-glove pre-war Condo has been recently renovated and feels fresh and current. A large entrance gallery sets the tone for this gracious, high-ceilinged apartment.<br><br>The gallery leads to a beautifully-appointed living room with both south and west facing windows with views extending south down Park Avenue. The room is centered on a decorative fireplace which is flanked on either side by built-in window seats.<br><br>A columned archway leads you into a grand dining room that can easily seat ten or more. Behind the dining room is a beautiful renovated kitchen, featuring gleaming white countertops and all new high-end appliances including a washer/dryer.<br><br>The two bedrooms are located at the east wing of the apartment and face the serene townhouse gardens at the back of the building. The primary bedroom has an ensuite bathroom and two built-in closets and plenty of storage. The second bedroom, also with ensuite bath, is bright and airy with two courtyard facing windows that offer light and tranquility.<br><br>525 Park Avenue is a premier white glove condominium located on Park Avenue and 61st Street. Built in 1914 by architects Schwartz and Gross it is one of the rare pre-war condos on Park Avenue. The proximity to world class shopping, galleries, museums and Central Park make this a highly desirable location. <br><br>There is a Working Capital Contribution equal to one month's common charges and real estate taxes payable by the purchaser.<br><br><br>

Property Details

Property Features

Property Information:

  • Year Built: 1915
  • Living Area: 1,837 SqFt

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: David Adler
  • Agent Phone: (917) 520-2786

Interior Features

Interior Information:

  • Basement: No
  • Interior: Separate/Formal Dining Room
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: City
  • Exterior: None

Utilities

Utilities Information:

  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,850,000
  • Price Per SqFt: $3,185/SqFt

HOA Fees:

  • Amount: $2574
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

525 Park Ave Unit 5C vs New York

326 DAYS ON ROCKET

+230 Days

$5,850,000

+$5.0M More

$3,185/SqFt

+$2.5K More

KEY TAKEAWAY

This property is $5.0M more than the Median Sold Price and $2.5K/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-33422537569

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: David Adler
  • Agent Phone: (917) 520-2786

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/12/2024, 6:20:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$31.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$17.6K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-10681004
10
/10
  • East Side Elementray School-PS 267

  • 213 E 63rd St

  • 0.26 miles

  • Public District Grades PK-3

school-card-donut-10681005
9
/10
  • PS 183 Robert L Stevenson

  • 419 E 66th St

  • 0.58 miles

  • Public District Grades KG-5

school-card-donut-10681006
9
/10
  • PS 59 Beekman Hill International

  • 231249 East 56th St

  • 0.69 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $121,615. Residents of New York, NY typically earn $200k+ each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 525 Park Ave Unit 5C

What is the listing price of this property?

The listing price of 525 Park Ave Unit 5C property is $5,850,000.

What type of property is this?

The property 525 Park Ave Unit 5C is a condo located in New York City, New York, 10065.

Is this property for sale now?

Active Listing: 525 Park Ave Unit 5C is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 525 Park Ave Unit 5C has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 525 Park Ave Unit 5C is 1,837 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 525 Park Ave Unit 5C is 1915.
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Rocket HomesNew YorkNew York10065525 Park Ave Unit 5C

This home is located at 525 Park Ave Unit 5C in New York City, NY and zip code 10065 in the Upper East Side neighborhood. This 1,837 square foot home was built in 1915. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 20, 2023 and is currently priced at $5,850,000.

Over 168 listings were sold over their listed price in April 2024 in New York, NY. In the same period over 748 listings were sold below the listed price and 758 listings were sold for the listed price. In April 2024 in New York, NY there were 3.8% more homes for sale than in March 2024. While the average time on the market in April 2024 was 96 days, the median list price was $849,191.

From Rocket Homes Real Estate and based on county public records data.

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