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480 Park Avenue, #18H

$5,395,000 | 4 beds, 3.5 baths
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1 days on Market

Key Details

  • Listed: May 15, 2024
    Days on Market: 1
    Building Type: Cooperative
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
    Listing viewed 270 times
Monthly Maintenance: $7,167
Est. Monthly Mortgage: $18,274
Total Est. Monthly Carrying Cost: $25,441
Note: the above is based on a down payment of 50% ($2,697,500), which is the minimum amount permitted by the building.

Insider Highlights

  • Location and Price: This luxurious cooperative apartment is located at 480 Park Avenue, Midtown East, and is listed at $5,395,000.
  • Interior and Exterior: The apartment boasts approximately 3,400 sq ft of interior space and a 600 sq ft private terrace. It features 4 bedrooms, 3.5 bathrooms, a formal dining room, an eat-in Chef’s kitchen with top-of-the-line appliances, and a south-facing private terrace with city views.
  • Building Amenities: The building offers a full-time doorman, concierge, gym, a landscaped roof deck, and a fitness center. It also includes a central laundry room, private storage, and a landscaped roof garden with tables, lounge chairs, and a catering kitchen.
  • Additional Features: The apartment comes with a private landing with double elevators, a built-in sound system, and a back entrance with a service elevator that goes directly to the gym. The primary bedroom suite includes a sitting area, walk-in closet, dressing room, and a master bath with marble sink and flooring.
  • Costs and Financing: The monthly maintenance is $7,167, which includes utilities, storage room, and electricity. The building permits 50% financing by the co-op.
  • Perks and Proximity: The building is pet-friendly, accommodates foreign buyers, and allows pied-a-terres. It is also conveniently located close to first-class shopping, New York’s finest restaurants, and Central Park.

Description

The journey begins at the private landing with double elevators. This leads into the spacious entrance gallery of this graciously proportioned home. The mint condition home is approximately 3,400 ft interior + 600 ft exterior.

It boasts exceptional details throughout, with the highest quality and finest craftsmanship. Enjoy the elegant, grand-scale living space with high ceilings, large window frames, and a gas fireplace. The formal dining room is perfect for grand entertaining or intimate gatherings.

The eat-in Chef’s kitchen, bathed in natural light, has custom cabinetry, top-of-the-line appliances, two dishwashers, a wine fridge, and electric shades. The kitchen also features 2 access points that lead to a South facing private terrace with incredible city views, reminiscent of Paris, and an electric awning. The journey continues to the West-North-facing primary bedroom suite.

It includes a sitting area, walk-in closet, dressing room, master bath with marble sink and flooring, radiant floor heating, and a soaking tub. The East facing second Bedroom is generously spacious and has an ensuite marble bath with a stall shower and a large walk-in closet. The spacious third bedroom (currently set up as a library) has magnificent South views, natural light, a custom wood built-in, electric shades, an ensuite bath, and 2 access points to the private terrace.

The fourth bedroom has a full bath. The apartment comes with an approximate 160 ft storage room located on the second floor, storage cage in the basement, a built-in sound system, and a back entrance with a service elevator that goes directly to the gym.

One of Park Avenue’s most prestigious white glove pre-war buildings, 480 Park Avenue, is located at the corner of 58th & Park. This Emery Roth building was constructed in 1929 and its design is indicative of the early 20th-century era of prosperity.

The building offers a 24-hour doorman, concierge, gym, and a beautiful landscaped roof deck with open city views. 480 Park Avenue is an ideal address for first-class shopping, New York’s finest restaurants, and is only 2 blocks away from Central Park. The building permits pied-a-terres, accommodates foreign buyers, and is pet friendly.

50% financing is allowed by the co-op. Utilities and storage room are included in the carrying costs.

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Apartment Amenities

  • City View
Listing courtesy of Brown Harris Stevens Residential Sales LLC

Pricing History

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About 480 Park Avenue

82

480 Park Avenue has received a CityRealty Rating of 82, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

28
Out of 44
+
25
Out of 36
+
19
Out of 39
+
10
=
82
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
More than 5 Short Blocks 0 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Stunning 5 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Washer/Dryer in building
  • Elevator
  • Fitness Center
  • Rooftop Terrace

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Pros
  • Great lobby
  • Doorman
  • Working fireplaces
  • Very elegant and large rooms
  • Central location
  • Close to Subway
Cons
  • No sundeck
  • No garage
  • No health club
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Subways

  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. 6
at Lexington Ave and 60th 0.14 miles
  1. F
at Lexington Ave and 63rd 0.27 miles
  1. M
  2. E
at 5th Ave and 53rd 0.30 miles

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