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Ivanka Trump Slashes Rental Price—Again!—on Luxe Manhattan Condo


Ivanka Trump Slashes Rental Price—Again!—on Luxe Manhattan Condo

ivanka-2

AFP/Getty Images

Ivanka Trump’s title of special adviser to the president hasn’t lent much cachet to the Park Avenue condo she’s been trying to sell. With no nibbles on the sales front, the president’s daughter has also been trying to rent out the place she owns on Manhattan’s Upper East Side.

Located in the Trump Park Avenue building in the Lenox Hill section of Manhattan, the unit went up for sale in December 2016 for $4.1 million.

No buyer stepped up, so the first daughter pulled it from the sales market and began searching for a tenant. Earlier this year, she was asking for $15,000 per month, but the price was reduced to $13,000 a month in July.

Now this week, the two-bedroom, two-bathroom property had its rental price sliced yet again, this time to $10,450 a month, according to Bloomberg.

502 Park Ave
502 Park Ave.

realtor.com

The 1,549-square-foot apartment offers a split bedroom layout, corner living room/dining room with open city views, and kitchen with white marble counters. Upscale finishes include built-up moldings, herringbone-pattern oak floors, and handcrafted Italian brass doorknobs.

Trump originally purchased the property for $1.52 million in 2004. However, this unit isn’t where Trump and her family called home before renting a place in the Kalorama section of Washington, D.C., earlier this year. The young family was living in a four-bedroom penthouse in the same full-service, pet-friendly building where the two-bedroom is now available for rent at a discounted price.

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Source: Real Estate News and Advice – realtor.com » Real Estate News