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432 Park Avenue, #62B

$26,000,000 ($6,469 per ft2) | 4 beds, 5 baths | Approx. 4,019 ft2
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11 days on Market

Key Details

  • Listed: May 8, 2024
    Days on Market: 11
    Building Type: Condominium
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $15,067
Monthly Real Estate Taxes: $7,910
Total Taxes & Fees: $22,977 ($5.72/ft2)
Est. Monthly Mortgage: $139,642
Total Est. Monthly Carrying Cost: $162,619 ($40.46/ft2)
Note: the above is based on a down payment of 20% ($5,200,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Additional Building Features: The modern and well-maintained building offers resident storage, central AC, a full-service garage, a garden, an intercom, a pool, an elevator, a business center, a party room, an event room, a children's playroom, a lounge, a fitness center, on-site parking, outdoor entertainment space, valet services, a game room, a library, a restaurant, a screening room, and a spa/therapy room.
  • Stunning Interiors: The interiors, designed by Deborah Berke, feature high ceilings, solid oak wood flooring, and massive 10′ × 10′ windows that offer unobstructed views of Central Park and the Manhattan skyline. The luxurious kitchen boasts white lacquer cabinetry, marble flooring and countertops, and Miele stainless steel appliances.
  • Primary Suite and Premium Fixtures: The primary suite comes with multiple closets, an adjoining dressing room, and two spa baths with freestanding soaking tubs and radiant heated floors. All rooms are fitted with premium fixtures and appliances.
  • Top-Notch Amenities: The building offers top-of-the-line amenities including a 24-hour doorman and concierge service, private restaurant, residents lounge, library, indoor swimming pool, fitness center and spa, yoga studio, billiards room, screening room, conference room, children’s playroom, onsite parking garage and valet.
  • Prestigious Neighborhood: Located in the prestigious Midtown East neighborhood, residents are close to Central Park, top shopping and dining, major art galleries and auction houses. The building is also close to the subway, making commuting easy.
  • Iconic Location and Design: This property is located in one of the tallest residential buildings in the Western Hemisphere, designed by renowned architect Rafael Vinoly, who also designed the famous Walkie-Talkie building in London. The building was built in 2015 on the site formerly occupied by The Drake Hotel, adding a touch of historical significance.

Description

INVESTORS ONLY. Towering 96 stories at a prized Park Avenue address between 56th and 57th Streets, sits an incredibly striking, unparalleled luxury condominium in one of the tallest residential buildings in the Western Hemisphere. Built in 2015 and designed by Rafael Vinoly, 432 Park Avenue makes an awe-inspiring statement with spectacular interiors by renowned architect Deborah Berke, as exemplified by the exquisite Palladian-proportioned Residence 62B. Overtaking you with contemporary perfection, a continuous influx of light from massive 10′ × 10′ windows, and sweeping unobstructed southern, western and northern exposures with direct views of Central Park, this ultra-glamorous 4 bedroom 4.5 bath showplace is expansive and exceptional all at once. A private elevator and entry gallery lead into a heavenly ambiance of sophistication graced by soaring 12’ 6" ceilings, solid oak wood flooring, custom hardware, the finest-quality natural materials, premium fixtures and appliances.

An amazing corner living and dining room with triple exposures offers a front-row seat to the sweeping greenery of Central Park and surrounding landmark buildings. The entertainer and chef in you will savor every amenity in the gorgeous windowed eat-in kitchen equipped with white lacquer cabinetry, marble flooring and countertops, Miele stainless steel appliances, Dornbracht fixtures, a center island and breakfast bar facing the Manhattan skyline. Your idyllic corner primary suite complete with multiple closets, adjoining dressing room and 2 Italian Statuario marble and Dornbracht-fitted spa baths with freestanding soaking tubs and radiant heated floors is a breathtaking retreat. Both secondary bedrooms offer sweeping southern views and beautiful en-suite baths.

Every indulgence is yours outside of your door as well with an enviable array of top-of-the-line amenities: 24-hour doorman and concierge service; in-suite dining and room service; a private restaurant with an outdoor terrace for dining and events; residents lounge; library; 75’ indoor swimming pool; state-of-the-art fitness center and spa with sauna, steam and massage rooms; yoga studio; billiards room; screening room; conference room; children’s playroom; onsite parking garage and valet.

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Listing courtesy of OFFICIAL

Pricing History

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About 432 Park Avenue

96

432 Park Avenue has received a CityRealty Rating of 96, 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

34
Out of 44
+
28
Out of 36
+
24
Out of 39
+
10
=
96
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
Attractive 2 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:
Free Standing 2 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Exists 1 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unrelated Base 0 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 10 blocks 5 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 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:
More than 6 Short Blocks 0 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:
Stunning 5 out of 5 points
Units Per Floor:
1 5 out of 5 points
Ceiling:
11-14 Feet 3 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes, with Swimming Pool 2 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:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
Some 1 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Attended Lobby
  • Concierge
  • FT Doorman
  • High-Rise
  • Post War
  • Resident Storage
  • Central AC
  • Full Service Garage
  • Garden
  • Health Club
  • Intercom
  • Pool
  • Elevator
  • Business Center
  • Party Room
  • Event Room
  • Children's Playroom
  • Lounge
  • Fitness Center
  • On-Site Parking
  • Outdoor Entertainment Space
  • Valet Services
  • Game Room
  • Library
  • Restaurant
  • Screening Room
  • Spa / Therapy Room

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Pros
  • Awesome vistas
  • Tented terrace restaurant
  • Valet
  • Close to shopping
  • Fitness center
  • Swimming pool
  • Doorman
  • Parking
  • 30-foot-high restaurant with 15-foot chandeliers
  • 12-and-a-half-foot ceilings
  • Tallest building without spire in city when built
  • Close to Subway
Cons
  • No balconies
  • Considerable traffic
  • No roof deck
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Subways

  1. E
  2. M
at 5th Ave and 53rd 0.21 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. 6
at Lexington Ave and 60th 0.21 miles
  1. F
at 6th Ave 0.34 miles

Aerial Imagery

 

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