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470 Park Avenue, #10C

$2,995,000 -9.1% | 2 beds, 2 baths
View Full Building Profile  | 
89 days on Market

Key Details

  • Listed: Mar 22, 2024
    Last Price Change: -9.1% ($300,000) on Apr 26
    Days on Market: 89
    Building Type: Cooperative
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $4,096
Est. Monthly Mortgage: $9,953
Total Est. Monthly Carrying Cost: $14,049
Note: the above is based on a down payment of 50% ($1,497,500), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This spacious 2 bedroom, 2 bathroom apartment is located in the prime Midtown East, close to Central Park, 57th Street shopping, and N/R/W and 4/5/6 trains at 59th Street-Lexington Avenue.
  • Elegant and Chic Design: The prewar building features elegant details and high ceilings, with the apartment boasting a chic Parisian atelier style with beautiful moldings, cove ceilings, and a large corner living room with a wood-burning fireplace.
  • High-End Amenities: The building offers a full-time doorman, live-in superintendent, concierge, resident storage, garden, business center, lounge, fitness center, rooftop terrace, bike room, and two private gardens.
  • Modern Comforts: The apartment is equipped with central air conditioning, in-unit washer and dryer, newly installed windows for plenty of sunlight, and renovated bathrooms with radiant heated floors.
  • Custom Kitchen: The apartment features a custom designed NEFF kitchen with high-end appliances.
  • Flexible Purchase Options: The building is pet-friendly and allows pied-a-terre’s. Guarantors, co-purchasers, and 50% financing are permitted.

Description

Welcome home to Residence 10C at 470 Park Avenue. This pristine, mint condition 2 Bedroom, 2 Bathroom home on Park Avenue has all the charm and look of a chic Parisian atelier, with its elegant prewar details, beautiful moldings, and cove ceilings. Located on a high-floor of a prewar, white glove cooperative on Park Avenue, between 57th and 58th Streets, this residence offers the utmost in sophisticated living.

A square entry foyer leads to a large corner living room (26X20) with a wood-burning fireplace, dining room and a gracious ensuite master bedroom with a separate dressing area (18X19), all facing Park Avenue and boasting lovely city views. There is also a spacious library/second bedroom with an ensuite bathroom. A sleek and modern, custom designed NEFF kitchen has beautiful lacquered English Sycamore smoke stain cabinetry with pillowed doors, custom designed shelving, Calcutta Capri countertops and backsplash, Miele and Wolf appliances, and a hidden Subzero refrigerator.

Gorgeous sunlight pours into the apartment from newly installed windows. The ceilings are 10’ high, the floors are herringbone parquet and there are custom, handmade moldings throughout. There is central air conditioning, a washer and dryer and both renovated bathrooms have radiant heated floors.

The primary bath features beautiful polished onyx countertops and lovely lavender silk custom tile.

About The Building: 470 Park Avenue is a classic prewar building that was built in 1916 and designed by Schwartz & Gross, who are also responsible for many other Park Avenue prewar buildings. It is a full service, white-glove cooperative with wonderfully proportioned rooms and detailed apartments that include very high ceilings, enormous windows and fireplaces. Pet-friendly and pied-a-terre’s are allowed.

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Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About 470 Park Avenue

77

470 Park Avenue has received a CityRealty Rating of 77, 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

23
Out of 44
+
29
Out of 36
+
16
Out of 39
+
9
=
77
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 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:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 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:
No Consistency 0 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:
Many 2 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 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:
Less Than 3 Short Blocks 2 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:
Quite Stylish 3 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 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:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Conversion Year: 1954
  • Concierge
  • FT Doorman
  • Pre War
  • Resident Storage
  • Garden
  • Washer/Dryer in building
  • Elevator
  • Mail Room
  • Business Center
  • Lounge
  • Fitness Center
  • Rooftop Terrace
  • In-Unit Washer/Dryer
  • Bike Room
  • Live-In Superintendent

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Pros
  • Prime location
  • Basement storage
  • High ceilings
  • High-end retail
  • Doorman
  • Very convenient to public transportation
  • Very convenient to midtown office and shopping districts
  • Attractive- canopied entrance
  • Close to Subway
Cons
  • Considerable traffic
  • No balconies
  • Fire escapes on side street facade
  • 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. M
  2. E
at 5th Ave and 53rd 0.28 miles
  1. F
at Lexington Ave and 63rd 0.29 miles

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