NOT LISTED FOR SALE

Estimated Value: $1,616,000 - $2,460,500

3 Beds
3 Baths
-- Sq Ft
$3,506/mo HOA Fee

Last Sold November 27, 2023

Last sale price $2,275,000

Est. 10% decrease in value since last sale

Current estimated payment $16,276/month

68 Days on Market

Highlights

  • 1 Fireplace
  • 3-minute walk to 59 Street (4,5,6 Line)
  • High-Rise Condominium
  • East Side Elementary School, P.S. 267 Rated A
  • Central Air
  • 4-minute walk to Grand Army Plaza

About This Home

As of November 2023

Spectacular design, style and craftsmanship are hallmarks of a modern renovation of a classic Emery Roth six room residence. This home has a twenty-eight foot living room, almost fourteen foot formal dining room, two bedrooms, a guest room and three full bathrooms. A bibliophile's love of art and joy in entertaining were the inspiration for this harmonious renovation maintaining the prewar elegance with modifications for today's lifestyle.

Enter an exquisite Lobby that is indicative of Emery Roth's reputation for elegant living and a preview of his trademark details: oversized rooms, high ceilings and hardwood floors. The entry foyer is the perfect receiving room that leads you into a stunning living room. Serene with a custom lighting plan, floor to ceiling bookcases complete with a sliding mahogany library ladder, a bar, travertine mantel surrounding the working fireplace, three oversized single pane windows, herringbone hardwood floors and 9'-6" ceilings. Walk through the built-in bookcases on either side of you, into a grand library and study. This was the second bedroom which was smartly opened into the adjacent living room, creating a dramatic focal point for the entertaining space. With pocket doors and its own full bath, it can easily still be a second bedroom.

The corner primary bedroom suite is entered from walking through a wondrous hall, that upon discovery is a grand dressing room with spectacular built-ins on either side of a dressing hallway. The bedroom features a large ensuite windowed bath, a wonderful walk-in closet, more built-in bookcases, and also single paned oversized windows.

A breakfast room was cleverly created from borrowing some footage from the entry foyer. This charming room has a wet bar with shelving above. The adjacent windowed kitchen is truly a cook's delight with sprawling counters, abundant floor to ceiling cabinetry, and appliances such as Viking, Subzero, Miele and Bosch. Not to mention the wine cooler, washer/dryer. The formal dining room is the center of style for entertaining. It's beyond inviting, with grand proportions and 20-foot-wide floor to ceiling china storage cabinets with flush doors. The guest room is complete with its own ensuite windowed full bath. This home is truly a rare find, welcoming, warm and the perfect setting for engaging conversations, as well as a quiet retreat. For year round cooling there is a PTAC unit in the living room and through wall air conditioners in all other rooms.

There is an attractively low monthly maintenance and low electric. Pied- a-Terres are allowed. Pets are permitted. 50% maximum financing allowed and there is a 2% buyers flip tax.

480 Park Avenue has a grand stately lobby with ornamental plaster ceilings, marble walls and floors, elegant columns and the residences are accessed through three elevator banks. 480 is known for it's distinguished white glove services, and excellent amenities. This premiere Emery Roth building was constructed in 1929, and incorporated in 1951. Impeccable services from the full time concierge, building manager, doormen and porters. Amenities include a landscaped roof garden, a fitness room, on-site dry cleaners, storage, and central laundry room. Perfectly located on 58th Street, two blocks from Central Park, fine dining and world renowned shopping.

Last Agent to Sell the Property

Amy Katcher

Corcoran Group License #30KA0478833 Listed on: 11/29/2022

Corcoran Group

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1929

HOA Fees

  • $3,506 Monthly HOA Fees

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1 Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air

Community Details

  • 136 Units
  • High-Rise Condominium
  • 480 Park Ave. Corp. Condos
  • Midtown East Subdivision
  • 20-Story Property

Listing and Financial Details

  • Legal Lot and Block 0033 / 01294

Property Details

Home Type

Co-Op

Year Built

Built in 1929

Lot Details

0

HOA Fees

$3,506 per month

Listing Details

  • Exposures: North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown East
  • Entry Level: 5
  • Structure Type: High Rise
  • Pets No Pets Comments: Conditional,Building Pets Allowed Comments:Conditional
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 20

Interior Features

  • Interior Features: Separate/Formal Dining Room, Smoke Free
  • Fireplace Features: Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building Other, In Unit
  • Green Building Features: Green Building
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3506.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative

Building Info

  • New Construction: No
  • Building Name: 480 PARK AVE. CORP.
  • Units: 136
  • Total Stories: 20
  • Year Built: 1929

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01294
  • Tax Lot: 0033

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2023 11/27/23 Sold $2,275,000 -8.8% --
02/09/2023 02/09/23 Pending -- -- --
12/05/2022 12/05/22 Off Market $2,495,000 -- --
12/02/2022 12/02/22 For Sale $2,495,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10919424

Real Estate Board of New York (REBNY)

APN: 01294-00335G