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470 Park Avenue, #8B

$1,395,000 -5.4% | 2 beds, 2 baths
View Full Building Profile  | 
120 days on Market

Key Details

  • Listed: Feb 20, 2024
    Last Price Change: -5.4% ($80,000) on May 22
    Days on Market: 120
    Building Type: Cooperative
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
    Listing viewed 120 times
Monthly Maintenance: $2,808
Est. Monthly Mortgage: $4,636
Total Est. Monthly Carrying Cost: $7,444
Note: the above is based on a down payment of 50% ($697,500), which is the minimum amount permitted by the building.

Description

A classic Prewar Park Avenue Cooperative home currently configured as a 2 Bedroom, 2 Bath residence with exceptionally low maintenance that includes electricity. The Entry Foyer leads to a gracious Living Room that opens onto the oversized Dining Room and updated Chef’s Kitchen with tile backsplash, custom cabinetry and stainless steel appliances including a wine cooler. The corner Primary Bedroom is very large and quiet with an updated, windowed Bath.

A 2nd Bedroom/Library with custom built-ins and a full Bath completes this residence. This spacious property offers a well proportioned floor plan ideal for entertaining and comfortable living featuring, 10-foot Ceilings, crown moldings and hardwood floors throughout. It is very quiet due to the new, sound resistant double-paned windows. Built in 1916 and designed by Schwartz & Gross, 470 Park Avenue is a white glove full-service Prewar Cooperative with a full-time Doorman, live-in Superintendent, Laundry Room, Bike Storage, and a basement Storage unit that transfers with the apartment.

Conveniently located on Park Avenue between 57th and 58th Streets. It is within close proximity to the finest shopping on Madison and Fifth Avenues, Central Park, many new restaurants and the theatre -all of the best features Manhattan living offers. This building is pet friendly and permits pied-a-terres with Board Approval.

Financing up to 50% and a 3% Flip Tax paid by Buyer. Assessment of $3,098.04/mo through October 2024.

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Apartment Amenities

  • Western Exposures
Listing courtesy of Sothebys International Realty

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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