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470 Park Avenue, #9C

$3,995,000 ($1,141 per ft2) -17.6% | 4 beds, 4 baths | Approx. 3,500 ft2
View Full Building Profile  | 
377 days on Market

Key Details

  • Listed: Jun 8, 2023
    Last Price Change: -8.2% ($355,000) on Feb 20
    Days on Market: 377
    Building Type: Cooperative
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
    Listing viewed 160 times
Monthly Maintenance: $7,915 ($2.26/ft2)
Est. Monthly Mortgage: $13,276
Total Est. Monthly Carrying Cost: $21,191 ($6.05/ft2)
Note: the above is based on a down payment of 50% ($1,997,500), which is the minimum amount permitted by the building.

Insider Highlights

  • Additional Features: The apartment is in a prime location, very convenient to the midtown office district and subway. It also offers high-end retail, an attractive canopied entrance, basement storage, and two private gardens in the building.
  • Spacious and Elegant Living: This large, 3,500 square foot apartment boasts four extra large bedrooms each with its own en-suite bath, hardwood floors, original pre-war details and moldings, and two wood burning fireplaces. The 10+ foot ceilings add to the sense of grandeur.
  • Private and Luxurious Building: The apartment is located in a full-service, white glove classic prewar building with a private elevator landing that opens directly to your foyer. The building is managed by an attentive staff lead by a superb resident manager who lives in the building.
  • Stunning Views and Prime Location: The apartment offers fabulous views up the Avenue and west to the iconic Plaza Hotel. It is conveniently located close to New York’s best shops and restaurants, Central Park, and public transportation.
  • Flexible Ownership and Financing: The building permits 50% financing, foreign buyers, pied a terre ownership and is pet-friendly. This makes it a great investment opportunity for both local and international buyers.
  • Excellent Amenities: The building offers a range of amenities including concierge, FT Doorman, resident storage, garden, washer/dryer in building, elevator, mail room, business center, lounge, fitness center, rooftop terrace, in-unit washer/dryer, bike room, and live-in superintendent.

Description

A rare opportunity to own one of the largest apartments on Park Avenue. A grand Upper East Side residence.
At well over approx. 3,500 square feet, this expansive residence features four extra large bedrooms, each with its own en-suite bath, tall 10+ foot ceiling height, hardwood floors, massive windows, two wood burning fireplaces, original pre-war details and moldings, four exposures, a private elevator landing that opens directly to your foyer, forty feet of frontage on Park Avenue and fabulous views up the Avenue and west to the iconic Plaza Hotel.
Beyond the grandly sized bedrooms and baths, there is a large butler’s pantry off the dining room, a windowed kitchen, separate breakfast room, generous den, full size laundry room, and a multitude of closets throughout the home.

470 Park Avenue is a full-service, white glove classic prewar building that was built in 1916 and designed by Schwartz & Gross.

The attentive staff is extremely hand on, lead by a superb resident manager who lives in the building. Neighbors include some of New York’s best shops and restaurants, including Bergdorf Goodman, Tiffany & Co, and The Plaza Hotel, with Central Park a moment away. Storage conveys with the apartment. The building permits 50% financing, foreign buyers, pied a terre ownership and is pet-friendly.

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Apartment Amenities

  • City View
Listing courtesy of Red Jacket Residential LLC

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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