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Two-Bedroom Residential Income Property
For Sale
$1,850,000

525 Park Avenue 5D, New York City, NY 10065

Corner condominium residence with pre-war scale, updated interiors, and full-service building amenities.

Property Size1,000 SF
Price / SF$1,850
Days on Market15

Property Features for 525 Park Avenue 5D

General Information

Standard status Active
Size 1,000 SF
Property subtype Apartment

Units

Unit Mix 2BR/2BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $14,292

Amenities

24-hour doorman
concierge
live-in resident manager
fitness center
private storage
in-unit washer/dryer
central air conditioning

Building Details

Building Size 1,000 SF
Year Built 1915
Construction Italian Palazzo style
Listing Agency: Compass
Listed By: Sophia Elghanayan
Source: Miradorrealestate
Added: Sep 11 Changed: Sep 20 Last Checked: Sep 24 at 4:27PM

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.

Residence 5D at 525 Park Avenue is a two-bedroom, two-bathroom condominium measuring approximately 1,000 square feet. The layout includes a semi-private entry vestibule, nearly 10-foot ceilings, hardwood floors, oversized windows with north, south, and east exposures, and a windowed kitchen with custom cabinetry, marble counters, stainless steel appliances, and a secondary service entrance. The primary bedroom has corner exposures and a windowed en-suite bathroom with a soaking tub, while the second bedroom is paired with a renovated full bathroom.

The 1915 building, designed in the Italian Palazzo style by Schwartz & Gross, offers 24-hour doorman service, concierge service, a live-in resident manager, fitness center, and private storage. It occupies the corner of Park Avenue and 61st Street, near Central Park, Madison Avenue shopping, Museum Mile, restaurants, and transportation options. In-unit washer/dryer and through-the-wall or central AC are permitted with board approval.

Key Highlights

  • Two‑bedroom, two‑bathroom residence with approximately 1,000 square feet
  • Nearly 10‑foot ceilings, hardwood floors, and oversized windows on north, south, and east exposures
  • Windowed kitchen with custom cabinetry, marble countertops, stainless steel appliances, and secondary service entrance

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

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 - Corner condominium residence with pre-war scale, updated interiors, and full-service building amenities.
Where is this residential income property located?
The property is located at 525 Park Avenue 5D New York City, NY.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bathroom residence with approximately 1,000 square feet; Nearly 10‑foot ceilings, hardwood floors, and oversized windows on north, south, and east exposures; Windowed kitchen with custom cabinetry, marble countertops, stainless steel appliances, and secondary service entrance
More about this property
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