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475 Park Avenue, #11BC

$5,200,000 ($1,977 per ft2) | 3 beds, 4 baths | Approx. 2,630 ft2
Building Profile  | 
61 days on Market

Key Details

  • Listed: Sep 4, 2024
    Days on Market: 61
    Building Type: Cooperative
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
    Listing viewed 113 times
Monthly Maintenance: $7,146 ($2.72/ft2)
Est. Monthly Mortgage: $17,228
Total Est. Monthly Carrying Cost: $24,374 ($9.27/ft2)
Note: the above is based on a down payment of 50% ($2,600,000), which is the minimum amount permitted by the building.

Insider Highlights

  • High-End Features: The apartment boasts high, 10-foot ceilings, dual exposures and triple-pane windows for ample natural light and stunning city views, central air conditioning, recessed lighting, and crown moldings for added luxury.
  • Luxurious Amenities: The building provides a full-time doorman, live-in resident manager, elevator attendants, and staff porters for added security and convenience. Pets are allowed with board approval.
  • Exquisite Interior: The apartment features a grand 19-foot entrance gallery, a separate formal dining room for entertaining, and a large primary bedroom with a walk-in closet and an en-suite marble bathroom.
  • Modern Kitchen: The kitchen is equipped with stainless steel appliances, including a Sub-Zero refrigerator, and the apartment comes with a storage unit.
  • Historical Charm: The building, constructed in 1908 and updated in 1959, offers the charm of historical architecture with the convenience of modern updates.
  • Prime Location: This spacious 3-bedroom, 4-bathroom apartment is located in the prestigious Midtown East neighborhood, offering close proximity to Central Park, fine dining, shopping districts, cultural institutions, and convenient access to public transportation.

Description

This exquisite Park Avenue apartment, located on a high floor and featuring a corner layout, boasts spacious, well-proportioned rooms, impressive scale, and towering 10-foot ceilings, all contributing to a bright and airy atmosphere. It includes three generously sized bedrooms and four bathrooms. The apartment has been thoughtfully reconfigured from seven to six rooms, stretching over 75 feet of frontage on Park Avenue.

Dual exposures and expansive triple-pane windows flood the interior with light and provide spectacular views westward. A grand 19-foot entrance gallery ushers you into the heart of the home, connecting both social and private spaces. It opens to a magnificent 29-foot by 18-foot corner living room, defined by its 10-foot ceiling, three sets of triple windows, multiple seating areas, and picturesque views.

The formal dining room, distinct from the living room, mirrors this grandeur with its own 10-foot ceiling, charming views, and double doors that ensure a seamless flow when entertaining guests. The primary bedroom is remarkably spacious, measuring 25 feet by 24 feet, also with a 10-foot ceiling, two sets of triple windows with idyllic views of Park Avenue, seating area, capacious walk-in closet, and en-suite marble bathroom with a soaking tub and separate shower. Two additional large bedrooms, one of which serves as a library, offer similarly impressive dimensions, ceiling heights, window arrangements, and private marble bathrooms.

The kitchen is equipped with stainless steel appliances, including a Sub-Zero refrigerator. Features such as central air conditioning, recessed lighting, and crown moldings add to the apartment’s luxury. A storage unit transfers with the apartment. The prestigious cooperative building, constructed in 1908 and updated in 1959, maintains its historical charm while offering top-tier privacy and security.

Amenities include a 24-hour doorman, a live-in resident manager, elevator attendants, and staff porters. The policy allows for pieds-a`-terre subject to board approval, pets with board approval, up to 50% financing, and 2% flip tax payable by the purchaser.

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Listing courtesy of Nest Seekers LLC

Pricing History

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About 475 Park Avenue

54

475 Park Avenue has received a CityRealty Rating of 54, 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

21
Out of 44
+
26
Out of 36
+
7
Out of 39
=
54
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 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:
No and Bad 0 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 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:
Many 2 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:
Attrocious 0 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
None 0 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:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 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:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • FT Doorman
  • Pre War
  • Elevator

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Pros
  • Superb location
  • Consistent fenestration
  • 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
  • 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 0.12 miles
  1. F
at Lexington Ave and 63rd 0.28 miles
  1. M
  2. E
at 5th Ave and 53rd 0.30 miles

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