900 Park Avenue Condominium 2011 Market Report

900 Park Avenue Condominium 2011 Market Report

900 Park Avenue known as the Park 900 is one of the few Park Avenue Condominium buildings located in the Upper East Side. This full time doorman building was originally built in 1973 and is made up of approximately 120+ apartments.

The most notable feature of the building 900 Park Avenue is it’s height, at 28 stories tall, this is one of the few Park Avenue buildings over 15 or 16 stories.  This gives many of the upper floor residences with spectacular Central Park and Manhattan skyline views, a true unique feature for a Park Avenue address.

900 Park Avenue Condominium is located on the corner of East 79th Street and Park Avenue. The building is setback from Park Avenue and 79th Street, with a circular driveway that is another unique and desirable feature.  A full time doorman, concierge and elevator operators will greet you at the double height lobby.  A staple feature of the building has been the sculpture that takes center display outside the building’s circular driveway.  The modern artist Fernando Botero had his sculptures outside the building  including his bronze “Gato” that is an attraction itself.

One of the features of 900 Park Avenue Condominium that is so attractive for many buyers is the variety of apartments in the building.  You have a variety of floor plans including alcove studios, 1 bedrooms, 2 bedrooms, and 3 bedroom condominiums for sale at any point in time.  There have been a number of apartments that have been combined into the larger residences.  A number of residences have corner exposures in all directions, providing excellent light and vistas.  The views from the upper floors at 900 Park Avenue are impressive and rare.

In 2011 sales at 900 Park Avenue have been very strong and consistent. There is typically a few apartments on the market at any time, but the supply of availability always is limited as the apartments sell relatively quickly, a testament to the rarity and desirability of this Park Avenue condominium building.

Currently on the market, as of October 24, 2011, at 900 Park Avenue Condominium there are two condominium for sale:

A 14th floor Two Bedroom condo for sale asking, $2,645,000.
A 15th Floor Two Bedroom condo for sale asking, $2,445,000.

Both apartments are approximately 1,290 sq ft and have 2.5 bathrooms.

In 2011, at 900 Park Avenue Condominium there have been approximately Six (6) sold condominium apartments:

One (1) Alcove Studio on the 8th Floor sold for $590,000
Two (2) One Bedroom, 1.5 Bath, sold on the 14th and 15th floors in a range of $1,250,000-$1,373,000
One (1) Two Bedroom, 2.5 Bath, sold on the 6th floor for $1,995,000
Two (2) Three Bedroom, 3.5 Bath, sold for over $4,000,000 on different floors

Because layout, condition, size and floor will have a large impact on what something sells for, call or email us for more specific details on the sold apartments at 900 Park Avenue Condominium.

Call us at (917)837 8869 today to find your perfect home in 900 Park Avenue or other Manhattan New York neighborhoods.

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