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In Contract

480 Park Avenue, #10E

$1,900,000 | 2 beds, 2.5 baths
Building Profile  | 
94 days on Market

Key Details

  • Listed: Sep 24, 2024
    Last Price Change: ($300,000) on Sep 26
    Days on Market: 94
    Building Type: Cooperative
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
    Listing viewed 163 times
Monthly Maintenance: $4,659
Est. Monthly Mortgage: $6,340
Total Est. Monthly Carrying Cost: $10,999
Note: the above is based on a down payment of 50% ($950,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This prestigious Park Avenue residence is located in Midtown East, within close proximity to Central Park, the Plaza Hotel, top restaurants, Madison and Fifth Avenue shopping, and cultural attractions.
  • Stunning Residence: This sophisticated 2 bedroom, 2.5 bath residence boasts oversized rooms, 10’ ceilings, a wood burning fireplace, walk-in & cedar closets, and an updated, windowed en-suite stone bath.
  • Modern Amenities: The cooperative building, designed by renowned architect Emery Roth, offers a full-time doorman and concierge service, a fitness room, a landscaped roof deck, and a grand lobby comparable to those of grand hotels.
  • Renovated Kitchen: The residence features a newly renovated, windowed kitchen complete with a pantry, bar, and laundry room.
  • Flexible Policies: Pied a terre buyers are welcome and pets are considered on a case by case basis.
  • Additional Perks: The building offers storage space at no additional cost and includes electricity in the monthly maintenance charge.

Description

Prime Park Avenue offering in top prewar white-glove coop.

Sophisticated 2 bedroom, 2.5 bath residence featuring oversized rooms, 10’ ceilings, grand room scale, and excellent flow. The home consists of a beautifully proportioned, sun-filled South facing living room w/ wood burning fireplace and original mantel; luxurious primary bedroom suite with generous dressing room, walk-in & cedar closets and updated, windowed en-suite stone bath; a large 2nd bedroom/library complete with built-ins and en-suite bath. The generous entrance gallery/dining room gives flexibility and graceful entry.

A delightful newly renovated, windowed kitchen with pantry, bar and laundry room with vented WD, and half bath complete the residence. The E line apartment offers superb scale, commanding nearly 2,000 square feet with 10’ ceilings throughout. Multiple generous closets and classic prewar details throughout.

480 Park Avenue is a premier cooperative residence designed by Emery Roth and is known for having one of the grandest lobbies in NYC.

The building offers its residents the highest level of service including 24- hour doorman, concierge service, resident manager, fitness room, and landscaped roof deck. Pied a terre buyers are welcome and pets are considered on a case by case basis. Max 50% financing allowed. 2% flip tax, by purchaser.

Storage space is available through the building at no additional cost. Electricity is included in the low monthly maintenance charge.

No weekend or evening showings.

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Listing courtesy of Douglas Elliman Real Estate

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 0.15 miles
  1. F
at Lexington Ave and 63rd 0.28 miles
  1. M
  2. E
at 5th Ave and 53rd 0.29 miles

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