Trump Park Avenue | The Real Deal New York

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Trump Park Avenue

502 Park Avenue
New York, NY 10022
Website
Residential, Sales, Leasing/Rental, Condo (Building)

Located in Lenox Hill, the Trump Park Avenue at 502 Park Avenue is one of Donald Trumps most coveted properties, but it has little of his trademark grandeur. Located in the hoighty-toighty Lenox Hill neighborhood of New York City, and unfortunately built in in 1929 on the cusp of the Great Depression, the building has changed hands (and names) several times. For years it had been home to a number of hotels: first the Viceroy, then the Cromwell Arms, and finally Hotel Delmonico, where it was home to several celebrities, including Ed Sullivan, and the alleged location of where Bob Dylan introduced marijuana to the Beatles.

In 2001 Trump bought the building for $115 million and within a couple years converted it from a hotel into a 120-unit luxury residential condominium, though with the intention of keeping some hotel-esque features like maid and laundry service. The building still has touches of pre-war, including hand-laid brick, but Trump has pumped nearly $100 million into renovating it.

Today the property continues to hue to its star-hugging past. A number of high-profile renters have lived there, including the owner of the New York Giants, infamous baseball player Alex Rodriguez, and Rupert Murdoch.

-NR

  • Address 502 Park Avenue
  • neighborhood Lenox Hill
  • borough Manhattan
  • owner Trump Organization
  • developer Trump Organization
  • owner entity TRUMP PARK AVENUE CON
  • LIST/LAUNCH SALES 12/01/2003
  • floors 31
  • Year Built 1927
  • ag file plans 01/01/2002
  • AG FILE Link
  • residential units 123
  • commercial units 3
  • total units 126
  • square feet 252,049
  • block and lot 1-01374-7502
  • BIN 1040756
Condominium Units+

10/13/17
...the apartment he shares with his wife at Trump Park Avenue, a hotel conversion where the Trump Organization launched sales in 2003. Then a taxi entrepreneur...

07/22/17
...June for $1.025 million, a 14 percent discount. Similarly, at Trump Park Avenue (502 Park Avenue), No. 16H was listed for $2.5 million in March but sold for $2.15 million...

06/09/17
...include properties such as the Delmonico Hotel (now Trump Park Avenue), the ground lease at One Penn Plaza, 430 Park Avenue, 295 Madison Avenue and 220 and 240 Central...

03/17/17
...by the Federal Reserve, a $35 million penthouse at Trump Park Avenue and 64 multifamily buildings trading hands. In real estate, it's all about the numbers. This...

03/15/17
...President Donald Trump has re-listed this unit at Trump Park Avenue From Luxury Listings NYC: A penthouse at Trump Park Avenue owned by the Donald...

02/26/17
...credit: Getty) In December, Ivanka Trump listed her Trump Park Avenue apartment for $4.1 million, or $15,000 a month, ahead of her move to D.C. Now...

02/08/17
...Post. He later bought at Trump Palace and Trump Park Avenue. Sources said Cohen first caught Trump’s eye when he began investing in his...

01/30/17
...in Trump Tower, Trump International Hotel and Tower, Trump Park Avenue and Trump World Tower into the trust, according to TRD's analysis of city records...

...living for years in a penthouse pad at Trump Park Avenue, a former hotel converted to condos by Ivanka’s father in the early 2000s...

10/28/16
...October 2015, 159 apartments sold, including a $21.38 million penthouse at Trump Park Avenue. This year, the number of sales dropped to 117, StreetEasy data shows. At Trump International...

10/21/16
...marketing and sales division for Trump World Tower, Trump Park Avenue and the rental to condominium conversion of Trump Parc East at 100 Central Park South...

07/08/16
...at Trump Parc at 106 Central Park South and Trump Park Avenue at 502 Park Avenue. Last year, he sold a penthouse at Trump Park Avenue for...

04/28/16
...bid to buy the commercial condo at the Trump Park Avenue fell through. Years of conflicts with the Food Emporium at Trump Palace ended in...

04/04/16
...sale the Donald’s 4,200-square-foot condominium unit at Trump Park Avenue, at 502 Park, for $14 million. In 2015, she also brokered the sale of a 6,200-square-foot-penthouse at...

...bid to buy the commercial condo at the Trump Park Avenue fell through. Years of conflicts with the Food Emporium at Trump Palace ended in...

01/14/16
...The 27th-floor condo at the Trump Park Avenue on the Upper East Side (credit: Trump International Realty) (inset: Donald Trump) Maybe Donald...

01/11/16
...Clockwise from top left: Trump Park Avenue, 152 Elizabeth Street, 36 Bleecker Street and 45 East 22nd Street Manhattan buyers signed 15 contracts on properties...

08/26/15
...the Park Imperial, Essex House, Trump Parc and Trump Park Avenue, have gone by an average of 37 percent over the past eight years, compared to...

08/04/15
...had sold the 6,200-square-foot condominium unit at his Trump Park Avenue building at 502 Park Avenue, the buyer was not identified. But property records now reveal...

07/28/15
...five-bedroom, 6,200-square-foot penthouse at 502 Park Avenue, known as Trump Park Avenue, for $21 million.  – Rey Mashayekhi...

07/28/15
...developer Donald Trump sold his 6,200-square-foot penthouse at Trump Park Avenue. The five-bedroom, seven bathroom penthouse, on the 24th floor of 502 Park Avenue, at 59th...

07/20/15
...report. This unit — a sponsor apartment at the Trump Park Avenue — had been on the market for 12 years. Asking prices have ranged from $17.5 million to...

01/31/15
...an open house recently at the nearly completed Trump Park Avenue, formerly the Delmonico Hotel. Trump s latest project, at 502 Park Ave. and 59th Street...

01/27/15
...The apartment combo at Trump Park Avenue What a difference six months makes. After listing for $25 million in July of 2014 when...

03/24/14
...uploads daily selfies to prove residency to IRS  7. Trump Park Avenue apartment with gilded ceilings hits market for $10M  -- Angela Hunt...
  • Event Retail Leasing
  • Building Name Trump Park Avenue
  • Address 502 Park Avenue
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Square feet 3,000
notes
The bank inked a long-term lease with options for another branch.

...The interior of a Trump Park Avenue penthouse The tight inventory of for-sale residential properties, along with a glut of high-end...

...million worth of listings, including a penthouse at Trump Park Avenue for $31 million (down from the original asking price of $51 million) and a full-floor unit...

...most expensive rental on the market, PH3132 at Trump Park Avenue, was priced 42 percent higher, at $200,000. Even then, the 6,200-square-foot duplex Trump penthouse, with multiple...

Despite a slight drop in its broker ranks, Prudential Douglas Elliman reigns supreme as Manhattan's biggest residential brokerage. But the Corcoran Group, the second-biggest firm...

Olshan-072015_2
Thirty-five contracts were signed in the second week of July for Manhattan apartments priced $4 million and above. The week’s priciest listing was for a penthouse...
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