Opulent Trump Park Avenue Penthouse Hangs onto $35M Price Tag

Posted On Wed, June 17, 2015 By

Posted On Wed, June 17, 2015 By In Cool Listings, Interiors, Upper East Side

It looks like Trump Park Avenue‘s Penthouse 31/32 is still looking for a buyer, a year and a half after a chopping $10 million off of its $45 million asking price. This 6,278-square-foot duplex has such a storied past on the market, you practically need an ESPN commentator to narrate it Kentucky Derby style. It made its first showing in 2007, asking $45 million. It raised the price to $51 million in 2008, after renovations. It returned in 2009, after another hiatus, asking a much lower $31 million. Then it disappeared for a few years before reappearing in 2013 with its original price tag of $45 million. Three months later it slashed $10 million off the price, landing at $35 million. Will this lavish home ever find the perfect owner with the perfect wallet?

502 Park Avenue, Trump Park Avenue, hotel amenities, multiple terraces

The home features floor-to-ceiling windows, flooding the place with light and providing breathtaking views of the city. Plus, there’s an additional 1,651 square feet of outdoor space, spanning multiple terraces. No detail is overlooked, with solid oak quarter sawn floors, Italian brass doorknobs, and custom moldings.

502 Park Avenue, Trump Park Avenue, hotel amenities, multiple terraces

The entrance gallery has crystal sconces, a chandelier, and a grand oak double staircase. The great room has 22 arched windows, vaulted ceilings, herringbone hardwood floors, and two terraces. Get your chef on in the state-of-the-art windowed kitchen, which features Christopher Peacock quarter sawn oak cabinets, high-end appliances, a Butler’s pantry, and a dumbwaiter. Then get some R&R in the master suite, which has a private foyer, a huge walk in closet, and his and hers baths. Naturally, “her” bath is monstrous compared to his.

502 Park Avenue, Trump Park Avenue, hotel amenities, multiple terraces

Trump Park Avenue was built in 1929 and sits right near Central Park. Residents are tended to by a professional staff, and receive world-class amenities like daily maid and laundry service and valet service. The building also has a state-of-the-art fitness center.

[Listing: 502 Park Avenue, PH-31/32 by Michelle Griffith of Trump international Realty]

[Via CityRealty]

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Photos courtesy of Trump International Realty

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Neighborhoods : Upper East Side

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