515 Park Avenue sells out at $3,000 per square foot.

Zeckendorf Realty, LP completed the sales of its 37 units at 515 Park Avenue, Manhattan's first luxury residential building to open in the year 2000. Tenants have begun moving into the building, which at $3,000 per square-foot is considered one of the most expensive addresses in the world.

"Customer demand for the residences of 515 Park Avenue surpassed our most ambitious sales projections," said Arthur and William Lie Zeckendorf, co-chairmen of Zeckendorf Realty, LP. "515 Park Avenue was the right project at the right time. A rare undertaking, 515 Park Avenue is also the first new construction of a luxury building on Park Avenue in over six decades."

Sales of 515 Park Avenue began in Fall 1998, with units ranging from just over $2.5 million for a two-bedroom apartment on the lower floors to more than $12 million for several four-bedroom duplex units in the building's tower. The 43-story ultra-luxury condominium features 37 full-floor apartments, private wine cellars, staff apartment, private gym, library and an in-house dining room with food service operation.

The property is constructed on the southeast corner of Park Avenue and 60th Street. The building marks the resurgence of a look and style of the lavish, pre-war building that characterized the Avenue in the 1920's.