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485 Park Avenue, #11FL

$4,995,000 ($908 per ft2) | 4 beds, 4.5 baths | Approx. 5,500 ft2
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1 days on Market

Key Details

  • Listed: May 17, 2024
    Days on Market: 1
    Building Type: Cooperative
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
    Listing viewed 428 times
Monthly Maintenance: $13,047 ($2.37/ft2)
Est. Monthly Mortgage: $8,384
Total Est. Monthly Carrying Cost: $21,431 ($3.90/ft2)
Note: the above is based on a down payment of 75% ($3,746,250), which is the minimum amount permitted by the building.

Insider Highlights

  • Location and Price: This luxurious apartment is located at 485 Park Avenue, Midtown East, listed at $4,995,000 ($908 per ft2) and was listed on Sep 20, 2023.
  • Space and Layout: The apartment spans approximately 5,500 ft2 and features 4 bedrooms, 4.5 bathrooms, a grand gallery, a living room with a marble fireplace, a library with a fireplace, a formal dining room, and an eat-in chef’s kitchen.
  • Additional Features: The property also includes a large office, a small windowed office, a laundry room with a vented washer and dryer, central AC, hardwood floors, and a balcony with a city view.
  • Building Details: The cooperative building, built in 1922, has 21 apartments across 14 floors, a full-time doorman, an elevator, and is pet-friendly.
  • Monthly Costs: The monthly maintenance is $13,047($2.37/ft2) with total taxes & fees also at $13,047 ($2.37/ft2). There is an ongoing assessment of $3,500 per month.
  • Nearby Amenities: The building is conveniently located close to public transportation and midtown office and shopping districts.

Description

Magnificent 5,500 square foot full floor apartment perched high over Park Avenue.

Off a private landing enter into a grand gallery that opens up to the formidable, regal living room. Measuring at over 33 feet long and nearly 25 feet wide, this stunning room with 11 foot ceilings features a marble fireplace, new herringbone floors, custom ornate moldings, and floor to ceiling French door windows with wide Juliet balconies overlooking Park Avenue. Off of the living room through French doors is the South and Park Avenue facing corner library with oversized windows that let light stream in.

The library also boasts a fireplace, powder room, and wet bar with an extra refrigerator.

The oversized corner formal dining room faces North and onto Park Avenue and has cove ceilings, a fireplace, antique mirrors, and is connected to the kitchen through a huge butler’s pantry with an extra sink and dishwasher. The eat-in chef’s kitchen features a marble checkered tile floor, Thermador refrigerator, Wolf double oven with 6 burners plus a griddle, and a Sub-zero wine cooler.

The living room sized primary bedroom faces East and South, providing light all day. In addition, there is a large walk-in closet and en-suite primary bathroom with plenty of room to add a double vanity.

Two bright, South facing secondary bedrooms both boast huge walk-in closets as well as en-suite bathrooms. Completing the bedroom wing of the home is another bedroom, a large office that is currently set up as a home gym and a small windowed office.

In addition, the apartment features a laundry room with vented washer and dryer and sink, unbelievable storage throughout the apartment, central AC, soaring ceilings and beautiful hardwood floors. A staff room on the 15th floor can also be purchased for an additional $300,000.

Built in 1922, 485 Park Avenue is an exceptionally run full service co-op. This white glove building is pet friendly, has no summer work rules, and allows 25% financing.

Note there is an ongoing assessment of $3,500 per month.

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Apartment Amenities

  • City View
Listing courtesy of Brown Harris Stevens Residential Sales LLC

Pricing History

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About 485 Park Avenue

68

485 Park Avenue has received a CityRealty Rating of 68, 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

19
Out of 44
+
26
Out of 36
+
14
Out of 39
+
9
=
68
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
None 2 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:
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:
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:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Open 2 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:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 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:
Quite Stylish 3 out of 5 points
Units Per Floor:
2 4 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:
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:
None 0 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:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • FT Doorman
  • Pre War
  • Elevator

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Pros
  • Superb location
  • Doorman
  • Very convenient to public transportation
  • Very convenient to midtown office and shopping districts
  • Attractive- canopied entrance with bronze doors
  • Close to Subway
Cons
  • Considerable traffic
  • Inconsistent fenestration
  • Protruding air-conditioners
  • No balconies
  • 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 0.10 miles
  1. F
at Lexington Ave and 63rd 0.25 miles
  1. M
  2. E
at 5th Ave and 53rd 0.32 miles

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