The Real Deal New York

432 Park’s first closed sale gets second life as a rental

The three-bedroom, 4K sf condo is available for $60,000 per month

February 05, 2016 02:35PM


432 Park Avenue

It took less than a month for the first recorded sale at the luxe 432 Park Avenue to resurface — this time as a high-priced rental asking $60,000 per month.

The first sale for Macklowe Properties and CIM Group’s 1,396-foot-tall tower on Billionaires’ Row was a three-bedroom condominium unit that sold for $18.1 million in January. An entity known as 432 Parkview LLC purchased the unit.

The 4,000-square-foot apartment, 35B, which has two master bathrooms, a private elevator landing, and and 10-foot-by-10-foot windows, is now up for grabs, according to Curbed.

The luxe 125-unit, 1,396-foot tower is between East 56th and 57th Street. [Curbed]Dusica Sue Malesevic