Upper East Side

Trump Park Avenue

Trump Park Avenue

Price Range: $1,500,000 - $25,000,000
Sqft: 700 - 14000
Address: 502 Park Avenue
City: New York
State: New York
Zip: 10022
Area: Upper East Side

Full Details

Mini market report of Trump Park Avenue as of 8/25/2011

  • Number of units available : 8

  • Number of pending sales: 3

  • Average asking price: $8,090,409

  • Average living area in Square Feet: 2,052

  • Average Price per square foot: $3,943

  • Lowest listing price:  $ 999,000

  • Highest listing price: $ 35,000,000

Trump Park Avenue - 502 Park Avenue

Trump Park Avenue is located in a building that has been around for a while and through many trials and tribulations.

The original building was designed back in 1929 by the architectual firm Goldner and Goldner at a cost back then of about $5 million dollars.

Since then, however, the building has been sold a number of times, has been a hotel, a co-op and now finally a condominium. It's name has also changed numerous times. First it was the Viceroy Hotel, then the Cromwell Arms and then Dominico's (named after the restaurant in the building).

In 2002 Donald Trump bought the building for a mere $155 Million dollars and converted it to condominiums-spending about $80 million dollars for the renovation.

In describing of Trump Park Avenue one should always start right with the individual units and their classically spacious layouts.

The architect for Trump Park Avenue condominiums

Costas Kondylis, a prominent architect long associated with luxury interiors, designed the apartments to maintain the pre-war aesthetic of the area by designing elegant apartment homes.

Larger units can be found on the 3rd & 4th floors & gracious 1 & 2 BRs will occupy the 5th thru 19th floors. Starting on the 16th floor there is a setback & then another on the 18th floor. Some of the units on those floors have terraces.

Beginning on the 20th floor, residential units occupy full floors & range in size between approx 4,000 sf to 7,000 sf. Many of these one of a kind units will feature terraces as well. The 31st & 32nd floors will house the exclusive duplex Penthouse. Built for the 21st centruy, Trump Park Ave will include cutting edge appliances & amenities, while still maintaining its traditionally tasteful environment.

Upper East Side luxury condo amenities

  • 119 units
  • 32 floors
  • built 1920
  • Health Club
  • doorman
  • concierge

Condo buyers will enjoy luxury condominium building features

  • Many prewar apartments with high beamed ceilings
  • wood floors
  • gourmet kitchens
  • East Exposure
  • North Exposure
  • West Exposure
  • South Exposure
  • Washers and Dryers
  • the higher floors have flor to ceiling windows
  • elevators

Recent Sales at The Trump Park Avenue

These sales may or may not necessarily be those of Eric Janssen or The Prudential Douglass Elliman company. This chart is for informational purposes only.

    Building       Unit        Price           Monthly  Rooms Bd  BA  Type     Sq. FT          Date closed

502 Park Ave

12A

$1,050,000

 

$1,372

3

1

1

COND

717

 

 

 

 

 

9/16/2011

502 Park Ave

11J

$880,000

 

$1,203

3.5

1

1

COND

670

 

 

 

 

 

5/31/2011

502 Park Ave

12H

$990,000

 

$1,413

3

1

1

COND

695

 

 

 

 

 

3/1/2011

502 Park Ave

18C

$5,300,000

 

$4,870

4.5

2

2.5

COND

1813

 

 

 

 

 

1/31/2011

502 Park Ave

15G

$3,995,000

 

$3,095

4.5

2

2

COND

1549

 

 

 

 

 

1/10/2011

Contact the luxury condominium experts for your private tour of this luxury New York condo property, Eric Janssen team.


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