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Two 520 Park Avenue condos asking over $70M find buyers

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The developer says the timing on the contracts is “simply a coincidence”

Courtesy of Zeckendorf Development LLC.

The city’s least gossiped about ultra-luxury building may soon be turning a corner. Zeckendorf Development’s 520 Park Avenue, the 780-foot limestone tower at the corner of East 60th Street, made headlines yesterday when the Wall Street Journal reported that not one, but two condos in the exclusive building went into contract this week for over $70 million.

The apartments are both high-floor duplexes that were asking between $73 million and $83 million—a sales rep for the building declined to comment on their exact asking prices—and each come with six bedrooms and a 42-foot-long balcony. Both condos are a whopping 9,100 square feet and include 15-foot-high ceilings in some rooms as well as private elevators and semi-circular staircases adjoining the two floors. A possible combo pad? Not so, it seems—in an email to the Wall Street Journal, developer Arthur Zeckendorf noted that the timing on the contracts is “simply a coincidence.”

Construction on the opulent condo kicked off at the end of 2015, and has since topped out. It’s signature Robert A.M. Stern limestone facade is almost all in place now, too. Condos in the building hit the market in April 2015. There will be just 33 condos in the building, including full-floor apartments, duplexes, and a $130 million triplex penthouse that the Wall Street Journal notes has yet to find a buyer.

Sales in the building are being notched largely out of the view of the public—similar to another Robert A.M. Stern-designed bunker for the .1 percent, 220 Central Park South—making it a tough one to keep track of. A sales rep for the building declined to tell the Journal how many of 520 Park’s apartments are already in contract. StreetEasy shows two available listings: a $19.5 million four-bedroom and a $31.6 million four-bedroom.

Curious what the interiors of this opulent building look like? 520 Park Avenue’s website will show you.

220 Central Park South

220 Central Park South, New York, NY

520 Park Ave

520 Park Avenue, Manhattan, NY 10065