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432 Park Avenue,
New York, NY

Closed
$46,000,000 Collateral Value / Debt

Overview

UCC Foreclosure Sale

432 Park Avenue,
New York, NY

96

Description

Membership interests in 3 ultra-luxury condo apartments: 78A, 78B, and 28H

NOTE: The photos represented above are of units in the building, not the underlying collateral

Collateral Snapshot

  • 2 ultra-luxury condo apartments, 78A and 78B, equaling the entire 78th floor and 1 accessory studio located on the 28th floor
  • Apartment 78A is a 1,688 SF condo with 1 bedroom, 1 bathroom, and 1 powder room
  • Apartment 78B is a 6,366 SF condo with 5 bedrooms, 3 bathrooms, 1 powder room, and an eat-in kitchen
  • Apartment 28H is a 535 SF studio apartment suitable for guests or household staff

Property Snapshot

  • Designed by architect Rafael Viñoly, 432 Park Avenue rises 1,396 feet and has become a prominent feature of the skyline as well as one of the most coveted addresses in New York City.
  • Residents enjoy 30,000 SF of amenities, including a lounge, private restaurant, 75-foot indoor swimming pool, fitness center, spa, library, billiards room, screening/performance venue, conference room, childrens playroom and yoga studio. In-suite dining and room service, and concierge services are provided by a full 24 hour staff.
  • One of the tallest residential towers in the Western hemisphere

Auction Details

Bid Deadline: Oct. 9th, 2023 at 4:00 pm
Auction Date: Oct. 11th, 2023
Auction 1 – 78B & 28H: 2:00 pm
Auction 2 – 78A: 2:30 pm

3D Map

  • Tax Map

  • Zoning Map

Description

Membership interests in 3 ultra-luxury condo apartments: 78A, 78B, and 28H

NOTE: The photos represented above are of units in the building, not the underlying collateral

Property Id : 43040

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