480 Park Ave. 5G $2,495,000

    Close

    480 Park Ave. 5G New York, NY 10022

    Contract Signed
    Request Info
    • 3 Beds
    • 3 Baths
    • Co-Op
    • MLS# 4283741
    Favorite Share
    Views: 4 Days On Site: 120

    Go Tour This Listing

    Schedule A Showing

    Property Details

    Spectacular design, style and craftsmanship are hallmarks of a modern renovation of a classic Emery Roth six room residence. This home has a twenty-eight foot living room, almost fourteen foot formal dining room, two bedrooms, a guest room and three full bathrooms. A bibliophile's love of art and joy in entertaining were the inspiration for this harmonious renovation maintaining the prewar elegance with modifications for today's lifestyle. Enter an exquisite Lobby that is indicative of Emery Roth's reputation for elegant living and a preview of his trademark details: oversized rooms, high ceilings and hardwood floors. The entry foyer is the perfect receiving room that leads you into a stunning living room. Serene with a custom lighting plan, floor to ceiling bookcases complete with a sliding mahogany library ladder, a bar, travertine mantel surrounding the working fireplace, three oversized single pane windows, herringbone hardwood floors and 9'-6" ceilings. Walk through the built-in bookcases on either side of you, into a grand library and study. This was the second bedroom which was smartly opened into the adjacent living room, creating a dramatic focal point for the entertaining space. With pocket doors and its own full bath, it can easily still be a second bedroom. The corner primary bedroom suite is entered from walking through a wondrous hall, that upon discovery is a grand dressing room with spectacular built-ins on either side of a dressing hallway. The bedroom features a large ensuite windowed bath, a wonderful walk-in closet, more built-in bookcases, and also single paned oversized windows. A breakfast room was cleverly created from borrowing some footage from the entry foyer. This charming room has a wet bar with shelving above. The adjacent windowed kitchen is truly a cook's delight with sprawling counters, abundant floor to ceiling cabinetry, and appliances such as Viking, Subzero, Miele and Bosch. Not to mention the wine cooler, washer/dryer. The formal dining room is the center of style for entertaining. It's beyond inviting, with grand proportions and 20-foot-wide floor to ceiling china storage cabinets with flush doors. The guest room is complete with its own ensuite windowed full bath. This home is truly a rare find, welcoming, warm and the perfect setting for engaging conversations, as well as a quiet retreat. For year round cooling there is a PTAC unit in the living room and through wall air conditioners in all other rooms. There is an attractively low monthly maintenance and low electric. Pied- a-Terres are allowed. Pets are permitted. 50% maximum financing allowed and there is a 2% buyers flip tax. 480 Park Avenue has a grand stately lobby with ornamental plaster ceilings, marble walls and floors, elegant columns and the residences are accessed through three elevator banks. 480 is known for it's distinguished white glove services, and excellent amenities. This premiere Emery Roth building was constructed in 1929, and incorporated in 1951. Impeccable services from the full time concierge, building manager, doormen and porters. Amenities include a landscaped roof garden, a fitness room, on-site dry cleaners, storage, and central laundry room. Perfectly located on 58th Street, two blocks from Central Park, fine dining and world renowned shopping.

    • General Features
      • Year Built 1929
      • Real Estate Tax 0
      • New Development No
      • Neighborhood Midtown Central
      • Hoa Fee 3506.00
    • Building Features
      • Building Class D4
      • Building Bike Storage No
      • Building Gym Yes
      • Building Garage No
      • Building Elevator Yes
      • Building Doorman Yes
      • Concierge Yes
      • Building Storage Yes
      • Building Rooftop Yes
      • Building Prewar Yes
      • Building Pool No
      • Building Pets Yes
      • Building Laundry Yes
      • Number of Rooms 6.00
      • Number of Half Baths 0
      • Number of Building Units 134
      • Number of Building Stories 21
      • North Exposure Yes
      • Has Outdoor Space No
      • Has Fireplace Yes
      • Garden No
      • Foyer Yes
      • Formal Dining Room Yes
      • Windowed Kitchen Yes
      • West Exposure Yes
      • Unit Terrace No
      • Unit Number 5G
      • Unit Laundry Yes
      • Unit Garden No
      • Unit Balcony No
      • South Exposure Yes

    Contact

    Neighborhood

    10022 (New York) Demographics

    48 Median Age
    73,861 Population Density (per sq. mile)
    86% College Educated
    $138,661 Estimated Median Income
    8,776 Estimated Total Home Owners
    9,201 Estimated Total Renters
    49% / 51% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    31,574 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $2,695,000 Median Sales Price
    11 Homes Sold
    58 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,495,000
        2/9/2023 6:28:52 PM Status Changed Source: Multiple Listing Service New Value: Contract Signed
        12/2/2022 1:34:00 PM New in Database Source: Multiple Listing Service New Value: $2,495,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.