The Real Deal New York

New Condos: Upper East Side
530 Park Avenue

July 10, 2014 01:23PM

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7820886480105596RFR Realty’s 530 Park Avenue is a 20–story condominium and apartment conversion on the Upper East Side. Handel Architects handled the redesign of the 1941 Pre-war building, which features a stately entrance marquee and a grand double-height limestone entrance rotunda. The 119 mixed-unit conversion was completed in 2012 and sales launched for the 86 condos in December 2013. At press time, four condos were on the market.  Prices for those units ranged from$6.85 for a 2,519 square-foot three bedroom to $10.8 million for a 2,937 square-foot two-bedroom. Amenities include a 24-hour doorman and concierge, fitness center, child’s playroom, and a library with a billiards table. Units on the first floor overlook a French-style courtyard garden and reflecting pool accessible to all residents. Contact 530parkcondo.com or 212-371-0530.

NAME520 Park AvenuePRICE RANGEFrom $6,850,000 to 10,800,000
ADDRESS520 Park AvenueSIZE RANGEFrom 2519 Sq Ft to 3,405 Sq Ft
TYPEConversionAVG PPSF$3,068
TOTAL UNITS119TAX ABATEMENTNo
DEVELOPERRFR RealtyAVG COMMON CHARGE$1.11/sf
BROKERClassic MarketingFINISHED BYComplete

Source: Streeteasy, BuzzBuzzHome, TRD, news reports. Data as of late July. List primarily includes Manhattan condo projects that have started sales since Jan. 1, 2010 that have units on market. Projects that started sales since Jan. 1, 2010 that subsequently sold out, have all units in contract or don’t currently have any listings on the market were excluded in most cases. “Price range,” “Size range,” “Avg PPSF (Price Per Square Foot)” and “Common Charge” refer to units currently for sale.
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