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470 Park Avenue, #5C

$3,295,000 ($1,938 per ft2) | 2 beds, 2 baths | Approx. 1,700 ft2
Building Profile  | 
98 days on Market

Key Details

  • Listed: Jun 1, 2024
    Days on Market: 98
    Building Type: Cooperative
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $4,096 ($2.41/ft2)
Est. Monthly Mortgage: $10,316
Total Est. Monthly Carrying Cost: $14,412 ($8.48/ft2)
Note: the above is based on a down payment of 50% ($1,647,500), which is the minimum amount permitted by the building.

Insider Highlights

  • Building Amenities: The building offers a full-time doorman, live-in superintendent, concierge, resident storage, garden, fitness center, rooftop terrace, in-unit washer/dryer, and bike room. There are also two private gardens and basement storage available.
  • Interior Design: The apartment boasts high ceilings and large windows that provide ample natural light. The elegant interior design showcases exquisite craftsmanship.
  • City View: The property offers a stunning city view, allowing residents to enjoy the vibrant cityscape.
  • Flexible Purchase Options: Guarantors, co-purchasers, and 50% financing are permitted, making the purchase process flexible and accommodating.
  • Pet and Pied-a-Terre Friendly: Both pets and pied-a-terres are welcome, making this an ideal choice for pet owners and those seeking a second home in the city.
  • Prime Location: This property is ideally located in Midtown East, close to Central Park, 57th Street shopping, and the Midtown Business District. It's also conveniently near the N/R/W and 4/5/6 trains at 59th Street-Lexington Avenue and a Whole Foods grocery store.

Description

Most definitively one of the chicest and most elegant pied-a-terres on the market.

Occupying a long corner of Park Avenue, this perfect 2 bedroom, 2 bath cooperative has an enfilade of three grand entertaining rooms all flanked by large windows over Park Avenue. The rooms are high ceilinged with generous proportions, high doorways and resplendent with elegant details and exquisite craftsmanship.

A grand entry leads to the Living Room which is sun filled throughout the day as it occupies the corner over Park Avenue with windows facing East and South. The paneling in the library is of a quality unmatched outside the grandest apartments of Fifth and Park Avenues.

The private primary bedroom faces south with an en-suite bath.

The apartment was redone most recently by the firm of Ingrao and Associates, and is truly the most elegant, perhaps perfect of pied-a-terre apartments on the upper east side.

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Apartment Amenities

  • City View
Listing courtesy of Corcoran Group

Pricing History

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About 470 Park Avenue

77

470 Park Avenue has received a CityRealty Rating of 77, 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

23
Out of 44
+
29
Out of 36
+
16
Out of 39
+
9
=
77
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Attractive 2 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:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Allowed and Present 0 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:
No Consistency 0 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 10 blocks 5 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:
Many 2 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 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:
Less Than 3 Short Blocks 2 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:
Quite Stylish 3 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 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:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Conversion Year: 1954
  • Concierge
  • FT Doorman
  • Pre War
  • Resident Storage
  • Garden
  • Washer/Dryer in building
  • Elevator
  • Mail Room
  • Business Center
  • Lounge
  • Fitness Center
  • Rooftop Terrace
  • In-Unit Washer/Dryer
  • Bike Room
  • Live-In Superintendent

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Pros
  • Prime location
  • Basement storage
  • High ceilings
  • High-end retail
  • Doorman
  • Very convenient to public transportation
  • Very convenient to midtown office and shopping districts
  • Attractive- canopied entrance
  • Close to Subway
Cons
  • Considerable traffic
  • No balconies
  • Fire escapes on side street facade
  • 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 0.15 miles
  1. M
  2. E
at 5th Ave and 53rd 0.28 miles
  1. F
at Lexington Ave and 63rd 0.29 miles

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