Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $12,675,000

· Closed August 1, 2023

Closed For Sale Condo

$12,675,000

$2,874 per sq ft

525 PARK Avenue #PHA

Upper East Side, Manhattan

525 Park Ave Condo

MLS® #RLS10878073

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

3

Bedrooms

4.5

Baths

4,410

Sq. Ft.

1915

Year Built

Quick Summary

Bedrooms 3
Bathrooms 5 full, 1 half
Living Area 4,410 sq ft
Year Built 1915
Ownership Condo
HOA/Common Charges $8,362/mo
Property Taxes $153,816/yr
Neighborhood Upper East Side
Floor 16 of 16

Property Highlights

  • Exposure: East,North,South,West facing
  • Outdoor Space: Terrace
  • Style: Prewar architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 8
Baths 4 Full, 1 Half
Floor 16 of 16
Exposure East,North,South,West
Pets Yes
Cross Street EAST 60 STREET and EAST 61 STREET
Year Built 1915
Living Area 4,410 sq ft
Architectural Style Prewar

Listing History

Event Date Price Change
Listed Mar 28, 2023 $14,995,000 -
Currently May 1, 2026 $12,675,000 -15.5%

Description

This stunning pre-war condominium penthouse represents New York City living at its finest.

Entering the penthouse through a private vestibule, one is greeted by a wide (24ft x 7ft) gallery featuring oversized windows facing north, south, and west onto an enormous wrap terrace that envelopes the apartment.

The interior of the apartment is in mint condition, with every detail has been meticulously crafted to create a seamless flow between rooms. The formal corner dining room is the perfect place to host dinner parties. The eat-in kitchen is a chef's dream, with top-of-the-line appliances, custom cabinetry, and finishes which surround an oversized marble-topped center island.

This immaculate penthouse has eight generously proportioned rooms, including three bedrooms, 4.5 bathrooms, a formal dining room, a corner living room, an eat-in kitchen, and a stately wood-paneled library. This apartment also features a laundry room and flexible space, perfect for a home gym or office. For those who love to entertain, PHA is a dream come true; the spacious living room and dining room offer ample space for guests, while the terrace provides the perfect setting for al fresco dining and cocktails.

The apartment's crown jewel is its expansive (over 2,300 square feet!) wraparound terrace, which provides breathtaking views of the city skyline and a peaceful outdoor escape. An irrigation system is in place to maintain the beautiful array of plants that line the perimeter of the terrace to create a sense of nature and privacy. The terrace is also wired for electrical and has beautiful lighting installed. Whether you're relaxing with a book or hosting a soire, the terrace is the perfect place to do it all.

The arrangement of bedrooms is equally as excellent, with the primary bedroom accessible to the left of the penthouse entrance through a cozy, paneled library. The spacious bedroom features beautiful walk-in closets and an ensuite bath. Just down the hall, there are two well-appointed bedrooms, each with its own bath. These rooms could be maintained as bedrooms, or transformed into a home office/guestroom. Additionally, the powder room is tucked away off the entrance hall in just the right place.

The location of this full-service, white-glove, pre-war condominium on Park Avenue between 60th Street and 61st Street makes it a must-have for anyone wishing to live with great privacy in splendor. From this highly coveted location, one has ability to easily shop on Madison Avenue, and dine in all the fine restaurants of Midtown Manhattan and the Upper East Side. Penthouse A at 525 Park Avenue is truly the escape from the city, within the city, that one wishes for. Make your wish come true! Please get in touch with us today to schedule a private viewing.

Penthouse Features:

- Abundant Natural Light from All 4 Exposures
- Interior Living Space: Approximately 4,410 Square Feet
- Wraparound Terrace: Approximately 2,370 Square Feet
- 3 Full Bedrooms Plus a Staff Room
- Wood-paneled Library
- Wood Burning Fireplace
- Pristine Hard Wood Floors
- Laundry Room
- Central A/C (3 Zones)

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Terrace

Appliances

Dryer Washer Dryer Allowed Washer

Building Information

Financial Details

Common Charges $8,362/mo
RE Taxes $153,816/yr ($12,818/mo)
Original Price $14,995,000
Sale Price $12,675,000
Previous Price $14,995,000

The Upper East Side remains the gold standard for classic New York elegance. Known for 'Museum Mile' and its low-traffic, tree-lined streets, the neighborhood offers a refined lifestyle away from the midtown bustle. While famous for its historic cooperatives, the area has seen a recent surge in ultra-luxury new construction condos, particularly along the Second Avenue Subway corridor, making it a top choice for both traditionalists and modern buyers.

Upper East Side Live Market Data

View Neighborhood

Active Listings

336

Median Asking Price

$1.63M

Median $/Sqft

$1,574

Avg Days on Market

N/A

New This Week

21

Price Reduced

30%

Sold (30 Days)

34

Median Sale Price

$1.50M

Live data from RLS at REBNY • Updated 5/1/26, 1:39 AM EST

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Location

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525 PARK Avenue #PHA, Upper East Side, New York County • Near EAST 60 STREET and EAST 61 STREET

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1915
Year Built
111 years old
15
Floors
48
Residential Units
R10
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $17,881,652
Land Value: $4,807,351
Exemptions: $2,290

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 9,942 SF
Building Area: 100,554 SF
Built FAR: 10.11
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $8,362 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $153,816, or roughly $12,818 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 4 full bathrooms and 1 half bathroom.

The listed interior living area is 4,410 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1915, making it approximately 111 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $12,675,000 for 4,410 sq ft, the asking price per square foot is approximately $2,874. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10878073
First Listed: 3/28/2023
Price Changed: 8/14/2023
Closed: 8/1/2023
Contract Date: 3/28/2023

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Kathleen Sloane

Listing Contact: (212) 906-9258

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the 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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/1/2026 at 5:39 AM UTC

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