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417 Park Avenue

Between East 55th Street & East 56th Street   |    Midtown East

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Key Details

  • Co-op
  • Built in 1928
  • 28 Apartments
  • 13 Floors

Overview

80

417 Park Avenue has received a CityRealty Rating of 80, 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

26
Out of 44
+
25
Out of 36
+
19
Out of 39
+
10
=
80
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:
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, but Very Good 3 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:
Allowed and Present 0 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 10 blocks 5 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:
More than 6 Short Blocks 0 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:
Spacious 4 out of 5 points
Units Per Floor:
3-4 3 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
  • #27 Rated co-op - Midtown
  • #4 Rated co-op - Midtown East
How was this building rated?

The completion of Grand Central Terminal and the covering of the railroad tracks north of it on Park Avenue led to its rapid redevelopment as a grand boulevard of luxury apartments.

The area between 46th Street, where the great New York Central Building, which is now the Helmsley Building, straddles the avenue, and 57th Street was filled with imposing and very harmonious office buildings, apartment buildings and hotels, most of which took their style from the brown-brick masonry designs of Warren & Wetmore, the main architects of Grand Central Terminal and the surrounding "Terminal City." The main exceptions, were the Episcopal Church of St. Bartholomew and the Art Deco-style Waldorf-Astoria Hotel.

Lever House, the sleek, green-glass small office building designed by Skidmore, Owings & Merrill at 53rd Street, however, changed everything, ushering in the corporate era for Park Avenue.

Most of the contextual buildings soon gave way to new office towers. In his excellent book, "Park Avenue, Street of Dreams," (Atheneum, New York, 1990), James Trager observed that 417 Park Avenue "is the last survivor of at least thirteen luxury apartment houses, most of them built before World War I," along this section of the avenue, that were the prototypes for the residential development on the avenue north of the commercial district.

"Bing & Bing put up this limestone-faced building and purchased the property just to its south, occupied by a two-story garage at the time, in order to prevent anyone from blocking essential windows with another tall building...and thus ruining its investment. Emery Roth designed an elaborate overhanging roof cornice of copper, now green with age....with few exceptions each apartment has an elevator foyer to itself, and each has wood burning fireplaces."

The 14-story building, which has a canopied, sidestreet entrance, was converted to a cooperative in 1946 and has included many socially prominent residents. It has four penthouse apartments, two of w...

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Apts For sale AT 417 Park Avenue (3)

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Apts For rent AT 417 Park Avenue (1)

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Nearby Subway Stations

  1. E
  2. M
at 5th Ave and 53rd 0.20 miles
  1. 6
at Lexington Ave 0.20 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
at Lexington Ave and 60th 0.25 miles
  1. F
at 6th Ave 0.42 miles

Carter Horsley's Review

417 Park Avenue Carter Horsley's Building Review
"The completion of Grand Central Terminal and the covering of the railroad tracks north of it on Park Avenue led to its rapid redevelopment as a grand boulevard of luxury apartments." Read Carter's Full Review

The pros & cons

Pros
  • Very elegant and prestigious building
  • Some duplex penthouses
  • Fireplaces
  • Attractive- canopied- side street entrance
  • Doorman
  • Most apartments have their own elevator foyer
  • Few apartments
  • Convenient to major landmarks
  • Prime midtown location
  • Close to Subway
Cons
  • No sundeck
  • Considerable weekday traffic
  • No health club
  • No garage
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Pricing Comparison of Similar Buildings

View Detailed Comparison

417 Park Avenue - 10 year Sales History

View Full Sales History
 

417 Park Avenue Alternate Address

  • 414 Park Avenue

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In the Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 191 Available for Sale
  • $962 Avg. Price / Ft2
  • $1,320,961 Avg. Price
  • $849,000 Median Price
  1. Most Expensive 417 Park Avenue Apt 11W | $7,999,999
  2. Least Expensive The Lombardy Apt 204 | $250,000
Not enough data available to generate chart.
  • 36 Available for Rent
  • $56 Avg. Price / Ft2
  • $5,082 Avg. Price
  • $2,998 Median Price
  1. Most Expensive The Lombardy Apt 2101 | $25,000
  2. Least Expensive 321 East 54th Street Apt 1F | $1,900

Similar Buildings

 
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