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480 Park Avenue, #15E

$4,500,000 | 2 beds, 3 baths
Building Profile  | 
88 days on Market

Key Details

  • Listed: Aug 9, 2024
    Days on Market: 88
    Building Type: Cooperative
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
    Listing viewed 149 times
Monthly Maintenance: $6,450
Est. Monthly Mortgage: $14,909
Total Est. Monthly Carrying Cost: $21,359
Note: the above is based on a down payment of 50% ($2,250,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Luxurious Interior: The exquisite interior features old growth English pine wood paneling, 19th Century Tudor stone work, Lalique installed glass, and a 1920s Italian carved marble wood burning fireplace. The property also includes a fully renovated kitchen and bathrooms, all with windows.
  • Prime Location: This prestigious Park Avenue property is located in Midtown East, a stone's throw away from Central Park, the Plaza Hotel, top restaurants, museums, and shopping on Madison and Fifth Avenue.
  • Architectural Significance: The property boasts historically significant architecture designed by the renowned Duveen Brothers and esteemed architect Emery Roth, with 21st-century renovations.
  • Flexible Ownership: Pied-a-terres, pets (case by case), and foreign buyers are permitted. Electricity is included in the posted carrying costs.
  • Outdoor Space: The property features a setback terrace with breathtaking views of the midtown Manhattan skyline and the Hudson River.
  • Exclusive Access and Amenities: The apartment is accessed from a semi-private landing, with just 2 other apartments on the floor. Building amenities include a grand lobby, fitness center, exquisite roof garden, resident storage, and a 24-hour doorman, a concierge, and a resident building manager.

Description

Museum quality home with extraordinary setback terrace. Absolute one of a kind apartment integrates historically significant and undisturbed architecture with the very best 21st century mint renovations. This is an extremely rare offering for one of the most notable apartments in the building.

480 Park Avenue finished construction in 1929, by esteemed architect Emery Roth and developer Sam Minskoff.

Apartment 15E, designed by the renowned Duveen Brothers, was the apartment chosen by Mr. Minskoff for his own home.

The corner living room has direct terrace access, offering an outdoor sanctuary of light, greenery and views of the midtown Manhattan skyline all the way to the Hudson River. The wood paneling on the walls is all old growth English pine, imported from a 19th Century Tudor home in Britain by the renowned Duveen Brothers. All stone work is 19th Century Tudor, also imported by the Duveens.

The superb detail and careful care of this apartment is obvious from the moment one enters the lovely entry gallery with demarcated ceiling.

Throughout the apartment, some of the beautiful detail to be found include exquisite hardware, stained and Lalique installed glass, and a 1920s Italian carved marble wood burning fireplace.

The kitchen and bathrooms are gorgeously renovated. The two baths in the bedroom wing have each been smartly enlarged. The en suite primary bath features an oversized soaking tub.

All 3 bathrooms in the apartment have a window.

The kitchen was redesigned with the service door being more sensibly repositioned. All windows, air conditioning, plumbing and electrical are the very highest quality. This apartment is maintained to the highest of standards and absolutely move-in ready.

Located perfectly at the crossroads of the Upper East Side and Billionaire’s Row, this pre-war gem unicorn apartment has exposures to the South, West and North.

There are high ceilings, central air-conditioning and all exterior-venting appliances, including washer dryer. This quiet home is accessed from a semi-private landing, with just 2 other apartments on the floor.

480 Park Avenue boasts one of city’s grandest lobbies, exquisite roof garden and fitness center. An enormous storage space is provided by the building.

Pied-a-terres, pets (case by case) and foreign buyers permitted. Unbeatable Park Avenue location is moments from Central Park, the Plaza Hotel, top restaurants, museums and shopping on Madison and Fifth. Electricity is included in the posted carrying costs.

Flip Tax 2% by Buyer.

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Apartment Amenities

  • City View
  • River View
Listing courtesy of Corcoran Group

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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