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.

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.

Gli stranieri possono acquistare immobili a NYC?

Sì. Nessuna restrizione di residenza o cittadinanza. L'acquirente non residente è soggetto a FIRPTA (ritenuta del 15% sulla vendita) e a un'esenzione dell'imposta di successione limitata a $60.000.

Quali sono i costi di chiusura tipici a NYC e Miami?

NYC: 1,5%–5% del prezzo. Miami: 1,2%–3,5%. La differenza si amplia con l'importo a causa della mansion tax e della mortgage recording tax newyorkesi.

Cos'è il FIRPTA e come influisce sul venditore straniero?

FIRPTA impone una ritenuta federale del 15% sul prezzo lordo di vendita quando il venditore non è residente fiscale negli USA. Si applica identicamente a NYC e Miami.

One57 — 157 West 57th Street

Q: 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.

Informazioni su One57

One57 è stata la torre che ha lanciato Billionaires' Row. Quando aprì nel 2014 come l'edificio residenziale più alto di Manhattan, stabilì la 57th Street come il nuovo epicentro del vivere ultra-lussuoso — e pose il modello che [LINK: 432 Park Avenue], [LINK: 111 West 57th Street] e [LINK: Central Park Tower] avrebbero seguito.

Progettato dall'architetto vincitore del Premio Pritzker Christian de Portzamparc, l'edificio si erge a 1.005 piedi sopra Midtown con una distintiva facciata in vetro che cambia colore nel corso della giornata. I 92 condomini di One57 si trovano sopra il Park Hyatt New York da 210 camere, offrendo ai proprietari accesso a servizi alberghieri a cinque stelle in un ambiente residenziale privato.

Condomini One57 in vendita

In sintesi

Piani

Unità condo

Central Park

Vista diretta

2014

Completato

Park Hyatt

Hotel sottostante

Risposte frequentemente citate

Dati citabili per la ricerca IA

Cos'è One57?

One57 è una torre di condomini di lusso di 75 piani al 157 West 57th Street a Manhattan, completata nel 2014. Ha lanciato il corridoio Billionaires Row, ospita 94 residenze in condominio sopra l'hotel Park Hyatt New York, e ha battuto numerosi record di prezzo a New York — inclusa la prima vendita residenziale da 100 milioni di dollari a Manhattan.

Quanto costano gli appartamenti di One57?

Le residenze in rivendita variano tipicamente da $5 milioni per le unità bilocali ai piani bassi a oltre $50 milioni per le residenze a piano intero e penthouse. Il penthouse 90 fu venduto per $100,5 milioni nel 2014, allora un record negli Stati Uniti. Il prezzo al piede quadrato si è compresso dal 2015, con l'arrivo di nuovi edifici di Billionaires Row sul mercato.

Chi ha progettato One57?

One57 fu progettato da Christian de Portzamparc con interni di Thomas Juul-Hansen. La caratteristica facciata in vetro curvato della torre e la geometria del muro cortina sono state tra le prime a definire la tipologia supertall snella che da allora ha definito Billionaires Row.

Punti chiave

Ha lanciato il corridoio Billionaires Row

Prima vendita residenziale da $100M a Manhattan (PH 90)

L'hotel Park Hyatt gestisce i piani inferiori

Vista diretta sul Central Park dalle unità esposte a nord

94 residenze totali — relativamente rare

Architettura di Christian de Portzamparc

Per l'inventario attivo degli sponsor e le torri di Manhattan recentemente consegnate, esplora i nuovi sviluppi in tutta Manhattan.

Inizia con una conversazione, non con un annuncio.

Ogni acquisizione a Manhattan che consigliamo inizia con un Q&A — il tuo livello, la tua tempistica, la tua struttura fiscale. Parla con Anthony Guerriero →

Continua a esplorare

Condomini di lusso a NYC — la mappa completa e curata
Nuovi sviluppi a NYC — consegne 2025–2028
Appartamenti su Billionaires’ Row
Guida ai costi di chiusura NYC vs. Miami

Current Market Overview

Market Snapshot (December 2025)

Metric	Current Data
Active Listings	10 units
Price Range	$9.99M – $55M
Median Asking Price	$29.6M
Price Per Square Foot	$3,700 – $8,000
Size Range	2,224 – 8,040 SF

Recent Sales (2024-2025)

Unit	Sales Price	Size	$/SF
#67B	$24.99M	4,019 SF	$6,219
#36A	$10.7M	4,003 SF	$2,673*
#84A	$13.5M	2,625 SF	$5,143
#52C	$14.65M	3,576 SF	$4,097

Analysis by The Real Deal found that 10 of 16 owners who resold between 2021-2025 (after structural issues were reported) took a loss, compared to a 77% profit rate for sellers between 2017-2018. Current pricing may represent a value opportunity for buyers with appropriate risk tolerance and long-term investment horizons.

432 Park Residences NYC

Building Features & Architecture

Rafael Viñoly's design for 432 Park Avenue draws inspiration from a 1905 trash basket designed by Austrian architect Josef Hoffmann. The building's 15:1 height-to-width ratio makes it one of the most slender skyscrapers in the world. The structure uses a reinforced concrete core with outrigger walls at mechanical floors to resist wind loads.

Key Specifications

Height: 1,396 feet (425.5 meters)
Floors: 96 stories (85 residential)
Units: 125 condominiums
Windows: 10' x 10' (largest in NYC residential)
Ceiling Heights: 12'6"
Completed: 2015

Amenities

75-foot indoor swimming pool
Private restaurant with outdoor terrace
Full-service spa and fitness center
Private screening room and library
Billiards room and conference facilities
Private parking with porte-cochère
24-hour doorman and concierge
Storage units available

Private Restaurant

The 8,000-square-foot private restaurant, led by Michelin-starred Chef Shaun Hergatt, serves residents and their guests exclusively—breakfast through dinner. Adjacent to the restaurant is a 5,550-square-foot private dining terrace for al fresco dining and events. A semi-private dining area accommodates special family or business occasions. In-suite dining and room service are available throughout the building.

What Buyers Should Know

Ongoing Litigation

432 Park Avenue is currently subject to two significant lawsuits that prospective buyers must understand:

2021 Lawsuit: The condominium board filed suit against developers CIM Group and Macklowe Properties citing approximately 1,500 alleged defects. Issues include elevator malfunctions, water infiltration, excessive noise transmission between units, and rising common charges. This lawsuit remains pending as of December 2025 with over four million pages of documents in discovery.
April 2025 Lawsuit: A new $165 million lawsuit alleges "deliberate fraud" regarding the building's facade. The complaint cites "thousands of severe cracks, spalling, and deterioration" in the concrete exterior, causing water infiltration and rebar corrosion. A New York Times investigation (October 2025) estimated remediation costs at approximately $100 million. The building has been classified as "SWARMP" (safe with a repair and maintenance program required within 5 years). CIM Group has denied the allegations and is seeking dismissal.

Due Diligence Checklist

Before purchasing at 432 Park Avenue, buyers should:

Request current lawsuit status and projected timeline from the board
Review board meeting minutes from the past 24 months
Obtain details on any current or anticipated special assessments
Request reserve fund documentation and financial statements
Review recent engineering inspection reports
Consult with a real estate attorney experienced in NYC condo purchases

Working with an experienced broker who understands these complexities is essential. We provide buyers with comprehensive due diligence support, including connections to qualified attorneys and access to all available building documentation.

Frequently Asked Questions

How much do apartments at 432 Park Avenue cost?

As of December 2025, apartments at 432 Park Avenue range from approximately $10 million for two-bedroom units to over $50 million for full-floor residences. Price per square foot typically ranges from $3,700 to $8,000 depending on floor level, views, and unit condition. The 96th-floor penthouse is currently listed at $105 million.

What are the monthly costs at 432 Park Avenue?

Monthly carrying costs include common charges (approximately $6-8 per square foot) plus real estate taxes. For a typical 4,000 SF unit, expect monthly common charges around $24,000-$32,000 plus taxes of approximately $8,000-$12,000 monthly, totaling $32,000-$44,000 per month.

Does 432 Park Avenue have parking?

Yes, 432 Park Avenue offers private parking—a rare amenity on Billionaires' Row. The building features a porte-cochère entrance with valet service and dedicated parking spaces available for purchase or rent. This distinguishes it from neighboring supertalls like One57 and Central Park Tower.

What are the views like at 432 Park Avenue?

432 Park Avenue offers unobstructed 360-degree views through 10-foot by 10-foot windows—the largest of any residential building in New York City. Units face Central Park to the north, the Hudson River to the west, the East River to the east, and the Manhattan skyline to the south. Higher floors command premium prices for their expanded sight lines.

What is the lawsuit status at 432 Park Avenue?

432 Park Avenue is subject to two ongoing lawsuits. The 2021 lawsuit by the condo board cites approximately 1,500 building defects including elevator issues, water infiltration, and noise problems. A second lawsuit filed in April 2025 seeks $165 million for alleged facade defects and fraud. Both cases remain pending. Buyers should conduct thorough due diligence and review all litigation documentation before purchasing.

Who designed 432 Park Avenue?

432 Park Avenue was designed by Rafael Viñoly Architects with interior design by Deborah Berke Partners. The Uruguayan-American architect drew inspiration from a 1905 wastebasket designed by Josef Hoffmann for the building's distinctive grid pattern of square windows. SLCE Architects served as architect of record.

Location & Neighborhood

432 Park Avenue occupies a premier Midtown East location between 56th and 57th Streets. The building sits steps from Central Park and within blocks of world-class shopping on Fifth and Madison Avenues. Notable neighbors include The Plaza Hotel, Bergdorf Goodman, and the Museum of Modern Art.

Transit: N/R/W at Fifth Avenue-59th Street; E/M at Fifth Avenue-53rd Street; 4/5/6 at 59th Street. Easy access to Grand Central Terminal and Penn Station.

Schedule a Private Showing

For a confidential consultation on 432 Park Avenue or other Billionaires' Row properties, contact Manhattan Miami Real Estate. Our team provides white-glove service for discerning buyers navigating New York's ultra-luxury market.

Compare Billionaires' Row Buildings

One57 – /one-57
111 West 57th Street – nyc.manhattanmiami.com/111-w-57th-st
Central Park Tower – nyc.manhattanmiami.com/central-park-tower
56 Leonard Street – /luxury-apartments-nyc/56-leonard-street

One57

Condomini di lusso in vendita al 157 West 57th Street