Trump Park Avenue unit asks $95K a month

New York /
Nov.November 28, 2012 05:30 PM

A 7,200-square-foot penthouse at Trump Park Avenue returned to the market today as a rental—with a whopping $95,000 per month asking price—after jumping on and off the rental and sales markets for the past two years, Streeteasy.com shows.

The full-floor condominium is among the top 10 priciest rentals on the market in the city, according to Streeteasy. (The most expensive is a $150,000 per month unit at the Waldorf Towers at 100 East 50th Street.) It’s listed with Michelle Griffith of Trump Sales & Leasing.

The spread at 502 Park Avenue has been available multiple times since 2010, both for sale and for rent. It first came on the market for $22.5 million in November 2010, listed with Douglas Elliman’s Michael Lorber and Vincent Santoro, Streeteasy shows. The owner later upped the price to $35 million in July 2011 before delisting it altogether last November. Griffith relisted the apartment this past April at the same price but it was pulled from the market soon after.

The apartment was also available as a rental until September 2011, first priced at $75,000 per month and later at $65,000 per month.

Neither Griffith nor Lorber immediately responded to a request for comment. It appears that the unit is still owned by the sponsor.

The seven-bedroom, 8.5-bathroom home features a library, family room and maid’s room. The building has served as home to ad man Donny Deutsch and New York Giants co-owner Steve Tisch.


Related Articles

arrow_forward_ios
Make Greenland Great Again? Trump wants to buy Arctic territory
Make Greenland Great Again? Trump wants to buy Arctic territory
Make Greenland Great Again? Trump wants to buy Arctic territory
Hamptons’ priciest summer rental to host MAGA extravaganza next month
Hamptons’ priciest summer rental to host MAGA extravaganza next month
Hamptons’ priciest summer rental to host MAGA extravaganza next month
Single-family rentals are increasingly seen as a more realistic alternative to ownership, given the hot housing market and income inequality. (iStock)
Single-family rentals soaring in hot housing market
Single-family rentals soaring in hot housing market
Donald Trump with the Trump National Golf Club Westchester (Trump National Westchester, Getty)
Trump Organization facing criminal probe over Westchester golf course
Trump Organization facing criminal probe over Westchester golf course
Cushman acquires 40% stake in Greystone lending business for $500M
Cushman acquires 40% stake in Greystone lending business for $500M
Cushman acquires 40% stake in Greystone lending business for $500M
(iStock)
LI rental review board setting standard for local rental permits
LI rental review board setting standard for local rental permits
1 North Moore and Platinum Properties CEO Khashy Eyn (Google Maps, Platinum Properties)
Tribeca penthouse rents for $85K per month, possibly setting NYC record
Tribeca penthouse rents for $85K per month, possibly setting NYC record
More than 27,000 Long Island households behind on rent
More than 27,000 Long Island households behind on rent
More than 27,000 Long Island households behind on rent
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...