What is 432 Park Avenue?

432 Park Avenue is a 96-story luxury residential supertall on Billionaires' Row in Midtown Manhattan, completed in 2015. At 1,396 feet (425.5 meters), it was briefly the tallest residential building in the Western Hemisphere. Designed by Uruguayan-American architect Rafael Viñoly with a distinctive 30-foot square grid facade, the tower contains 104 residences and is one of the defining examples of Manhattan's supertall era.

How tall is 432 Park Avenue?

432 Park Avenue is 1,396 feet (425.5 meters) tall over 96 stories, with a roof-to-floor ratio designed to maximize Central Park views from upper floors. Notable comparisons: it is taller than the Empire State Building's roof (1,250 ft) but shorter than supertalls completed after it including Central Park Tower (1,550 ft) and 111 West 57th Street (1,428 ft). The slim 93-foot square base creates a 15-to-1 height-to-width ratio.

How much do apartments at 432 Park cost?

Apartments at 432 Park typically trade between $7M for entry-level units and $70M+ for trophy floors and full-floor combinations. Recent notable transactions include the original triplex penthouse (Floors 95-96) which originally listed at $95M and traded for $76M, and full-floor units in the upper third (Floors 70-95) which command $25M-$50M+ depending on exposure. The building reached headlines for both record sales and price reductions through 2020-2024.

How many apartments are in 432 Park?

432 Park Avenue has 104 residences across 96 stories. Unit configurations range from one-bedroom (~351 sq ft) at lower floors to full-floor 8,255 sq ft penthouses on upper floors. The building includes 18 amenity floors interspersed throughout the tower (including the famous floor 31 with the indoor pool and 84 with the conference floor), making the residential floor count effectively lower than the 96-floor address suggests.

Is 432 Park Avenue a good investment?

432 Park has had a complicated investment trajectory. After breaking sales records in 2014-2016 with prices up to $4,500/sq ft, the building experienced significant resale price reductions through 2018-2022 as new supertall competitors arrived (220 Central Park South, 53 West 53rd, Central Park Tower) and as the building faced widely-publicized maintenance issues including elevator and water infrastructure concerns. By 2024-2026, pricing had stabilized and select trophy floors have appreciated. Buyers should evaluate floor plate, exposure, and HOA history carefully.

What are the views like at 432 Park?

432 Park's views are exceptional due to its supertall positioning at the geographic center of Midtown. Upper floors (60+) enjoy unobstructed Central Park views to the north over the park's full 2.5-mile length, with East River and Hudson River exposures to the east and west, and Lower Manhattan / Brooklyn / Statue of Liberty views to the south. The 30-foot square windows are an architectural signature that frames views uniquely on the Manhattan skyline.

Who is 432 Park Avenue's architect?

432 Park Avenue was designed by Rafael Viñoly Architects, led by Uruguayan-American architect Rafael Viñoly (1944-2023). Viñoly designed the building as a modern interpretation of an industrial trash can he kept on his desk, a perfectly proportioned cylindrical form. The 30-foot square window grid creates a distinctive facade pattern that has become one of the most recognizable architectural signatures in modern Manhattan.

How does 432 Park compare to Central Park Tower?

432 Park Avenue (1,396 ft, 2015 completion) and Central Park Tower (1,550 ft, 2020 completion) are the two tallest residential buildings on Billionaires' Row. Central Park Tower is taller, has a wider floor plate (allowing fuller-spanning units), and includes the Park Hyatt-managed amenity program. 432 Park is older, has a square footprint with corner-only window grid, and includes ~3x more units per floor. Pricing per square foot is broadly comparable; Central Park Tower commands a slight premium for its newer infrastructure and higher elevation.

111 West 57Th | Appartamenti di Lusso NYC

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What This Page Covers

This page covers 432 Park Avenue, a residential condominium tower on Manhattan's Park Avenue corridor. It describes the building's location, property type, and place within the Manhattan luxury market.

How to Read This Analysis

Information about 432 Park Avenue reflects publicly known building characteristics. Specific unit pricing, view, and floor plate vary materially within the building.

Citable Summary

432 Park Avenue is a residential condominium tower on Manhattan's Park Avenue corridor.
New York City mansion tax applies to residential purchases of $1 million or more.
International buyers in Manhattan ultra-luxury commonly purchase through LLC structures.

Billionaires' Row apartments Luxury condos NYC Manhattan pre-construction NYC vs Miami closing costs

Advisory Context

Manhattan Miami advises buyers focused on Manhattan trophy condominium inventory, including the Park Avenue corridor.

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Costi di chiusura NYC: 1,5%-5% del prezzo.
Costi di chiusura Miami: 1,2%-3,5% del prezzo.
Mansion Tax NY: 1%-3,9% progressiva da $1M.
Mortgage Recording Tax NYC: 1,8%-2,8% sull'ipoteca.
FIRPTA: ritenuta federale del 15% sulla vendita da non residente.
Imposta sul reddito statale: NY fino al 10,9%; FL 0%.
Nessuna restrizione di residenza per l'acquisto di immobili negli USA.
LLC comune per riservatezza; esenzione NRA dell'imposta di successione limitata a $60.000.

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111 West 57th Street | Steinway Tower
Il Supertall più Slanciato di Manhattan

Billionaires' Row, Midtown Manhattan

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111 West 57th Street | Steinway TowerIl Supertall più Slanciato di Manhattan

Billionaires' Row, Midtown Manhattan

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What This Page Covers

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111 West 57th Street | Steinway Tower
Il Supertall più Slanciato di Manhattan

Begin with a
conversation,
not a listing.