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480 Park Avenue, #2G

$1,995,000 -5% | 2 beds, 3 baths
View Full Building Profile  | 
240 days on Market

Key Details

  • Listed: Aug 31, 2023
    Last Price Change: -5% ($105,000) on Oct 20
    Days on Market: 240
    Building Type: Cooperative
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
    Listing viewed 157 times
Monthly Maintenance: $3,440
Est. Monthly Mortgage: $6,886
Total Est. Monthly Carrying Cost: $10,326
Note: the above is based on a down payment of 50% ($997,500), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: Located at 480 Park Avenue in the Midtown East neighborhood, this luxury home is a stone’s throw from Central Park and the finest Fifth Avenue shopping and dining.
  • Spacious and Elegant Interior: The apartment features a 28’ living room with triple south facing windows, 10’ ceilings, a wood burning fireplace, and herringbone hardwood floors. It also includes a grand formal dining room and a large eat-in kitchen with a butler’s pantry.
  • Flexible Space: The property includes an adjacent staff room and bath that can be converted into a home office or 3rd bedroom, providing flexibility to suit the buyer's needs.
  • Full-Service Building: The white glove cooperative building offers a full-time doorman, concierge service, porters, on-site dry cleaning/valet, a landscaped roof terrace, fitness room, and private storage.
  • Buyer-Friendly Policies: The building permits pieds-a-terre and foreign buyers, and pets are allowed on a case by case basis. Electricity is included in the monthly maintenance.
  • Historic Building: Designed by renowned architect Emery Roth in 1929, the building has 134 apartments across 21 floors and boasts one of the grandest residential lobbies on Park Avenue.

Description

Classic 6 at the Incomparable 480 Park Avenue

Designed in 1929 by the renowned Emery Roth, 480 Park Avenue is amongst the top tier of white glove cooperatives along Park Avenue.

Residence 2C is a luxury home presenting elegant rooms of superlative scale and flow. The entrance gallery sets the tone for this home of distinction. Radiating from the gallery, the 28’ living room features triple south facing windows, soaring 10’ ceilings, a wood burning fireplace and herringbone hardwood floors.

Also accessed from the gallery is the grand formal dining room fit for lavish dinner parties and the seamless flow from gallery to living room to dining room begets the most elegant entertaining. The private bedroom hall leads to a south facing 2nd bedroom/library with ensuite bath and a south facing master suite featuring a walk-in closet and ensuite bath. The large EIK features a butler’s pantry and adjacent staff room and bath easily converted to suit multiple needs such as a home office or 3rd bedroom.

480 Park Avenue is a stone’s throw from Central Park and the finest Fifth Avenue shopping and dining-with its resplendent lobby, unmatched staff including full time doorman, concierge service, porters, on site dry cleaning/valet, landscaped roof terrace, fitness room and private storage.

Pieds-a-terre are permitted, foreign buyer friendly, electricity included in the low monthly maintenance, 2% flip tax paid by buyer, pets on a case by case basis.

Bring Your Architect to create your grand home at this coveted Park Avenue address.

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Listing Agent (Seller's Representative)

Listing courtesy of Berkshire Hathaway HomeServices New York Properties

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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