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Corner Residential Income Property
For Sale
$2,500,000

525 Park Avenue 3C, New York City, NY 10065

Two-bedroom, two-bathroom condominium residence with formal dining, hardwood floors, and board-approved in-unit laundry and air conditioning options.

Property Size1,500 SF
Price / SF$1,666
Days on Market17

Property Features for 525 Park Avenue 3C

General Information

Standard status Active
Size 1,500 SF
Property subtype Apartment

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $7,824

Amenities

24-hour doorman
concierge
live-in resident manager
brand new gym
central laundry room
private storage

Building Details

Building Size 1,500 SF
Year Built 1915
Construction Italian Palazzo style
Listing Agency: Compass
Listed By: Sophia Elghanayan
Source: Howardhannanyc
Added: Sep 9 Changed: Sep 22 Last Checked: Sep 24 at 3:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

This 1,500-square-foot corner condominium residence at 525 Park Avenue includes two bedrooms, two full bathrooms, a living room, and a separate formal dining room. Ceilings over 10 feet, hardwood flooring, substantial window exposure, and generous room proportions shape the interior. The building permits in-unit washer/dryer installation and through-the-wall or central air conditioning with board approval.

Designed in 1915 by Schwartz & Gross in the Italian Palazzo style, the full-service condominium provides a 24-hour doorman, concierge, live-in resident manager, brand new gym, central laundry room, and private storage. The property occupies the corner of Park Avenue and 61st Street, near Central Park, Madison Avenue shopping, restaurants, Museum Mile, and transportation options. Ownership may be held through financing, an LLC, or a trust.

Key Highlights

  • 1,500‑square‑foot corner condominium residence with two bedrooms and two full bathrooms
  • Ceilings over 10 feet and hardwood flooring
  • Separate formal dining room plus spacious living room

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Auto Parts Store Butcher Nursing Home Auto Repair Shop Pet Grooming Service Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

37,864
Businesses Nearby

Demographics for 10065, NY

32,891
Population
22,734
Households
1.4
Avg Household Size
40
Median Age
86%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
82,228
Density / Sq Mi
$160,938
Median Household Income
$121,212
Median Earnings
$2,828
Median Rent
$1,368,200
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - Two-bedroom, two-bathroom condominium residence with formal dining, hardwood floors, and board-approved in-unit laundry and air conditioning options.
Where is this residential income property located?
The property is located at 525 Park Avenue 3C New York City, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 1,500‑square‑foot corner condominium residence with two bedrooms and two full bathrooms; Ceilings over 10 feet and hardwood flooring; Separate formal dining room plus spacious living room
More about this property
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