$5,000,000
Updated 5 years ago
Off Market

480 Park Ave, 10-B

Midtown East, Manhattan | East 58th Street & East 59th Street

7 Rooms2 Beds3 Baths3,300 Square FeetCo-op

$5,000,000
Maintenance$5,518
Price Per SF
$1,515

Listing Features

  • Abundant Closets
  • Corner Apartment
  • Deco Fireplace
  • Dressing Area
  • Floor-Through
  • Formal Dining Room
  • Galley Kitchen
  • High Ceilings [10']
  • Home Office
  • Library / Den
  • Moldings
  • Original Details
  • Washer / Dryer
  • New Windows
  • Oversized Windows
  • Adjoining Pantry
  • Center Island
  • Dishwasher
  • Eat-in Kitchen
  • Gourmet Kitchen
  • Service Entrance
  • Windowed Kitchen
  • Double Vanity
  • En Suite Bathroom
  • Marble Bathroom
  • Stall Shower

Outdoor space and views

  • City Views
  • East Exposure
  • South Exposure

Building Amenities

  • Full Service
  • Bike Storage
  • Elevator
  • Fitness Facility
  • Laundry Room
  • Roof Deck
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 480 Park Ave, 10-B

An opportunity as rare as this one comes along less frequently than a Blue Moon.

Unit 10B at 480 Park Avenue is a magnificent property Located at the corner of 58th & Park, this Emory Roth pre-war building was constructed in 1929, and is replete with all the grandeur that is indicative of that early 20th century era of prosperity. The home is a 3BR/3BTH newly renovated 9 into 7 room that features 10' ceilings and elegant polished walnut wood floors. Doorways are statuesque and extra-wide and there are European-style moldings throughout. A semi-private vestibule opens off of the elevator and there is service access as well. Visitors are initially welcomed into the residence from an opulent entrance Gallery that only presages the majestic space that further awaits. The Living Room is submerged in natural light from an entire wall of oversized windows facing East onto Park Avenue. A generously proportioned corner Master Suite sits adjacent, highlighted by an immense Dressing Room and a large windowed marble bathroom. The Dining Room has been wood-paneled and offers up a cozy club-like ambiance that is ideal for entertaining guests. A gourmet kitchen equipped with state of the art appliances, pristine white cabinetry, marble countertops, a butler's pantry, and a center island were all designed for the ultimate in storage and preparation. There is also a full service Laundry Room within convenient proximity to the kitchen. The third bedroom doubles as a home office and has the benefit of multiple custom built-ins. The gracious layout is both flexible and well-planned out.
The building at 480 Park Avenue is a 19 story high end full service coop residence with a 24 hr doorman and concierge. Residents also enjoy the amenities of a gym and the most beautiful landscaped roof deck with open views to the city. There is also an assigned 12 sq ft storage cage for the apartment, and additional laundry facilities located in the basement.
The Board allows for a pied-a-terre, and is especially accommodating to foreign buyers. Financing is 50% and there is a 2% flip tax payable by the buyer. Utilities are included in the low maintenance. The building also has the bonus of being pet friendly on a case-by-case basis.480 Park Avenue is an ideal address in the center of midtown Manhattan. First class shopping, highly rated dining, the best in public transportation, and Grand Central Station are all located within range of the neighborhood.

Don't miss out on this once in a lifetime purchase opportunity.

Listing History for 480 Park Ave, 10-B

Now
01/21/2022
Contract Signed by Monica Luque
Douglas Elliman
01/20/2022
POM by Monica Luque
Douglas Elliman

Building Details for 480 Park Ave

OwnershipCo-op
Building TypeHigh-Rise
Service LevelFull Service
AgePre-War
AccessElevator
Year Built1929
Financing Allowed50%
Floors/Apts21/134
Learn More About the Building

Transit and Citi Bike

Subway

59 St
0.13 miles
Lexington Av/59 St
0.17 miles
5 Av/59 St
0.22 miles
Lexington Av/63 St
0.27 miles
5 Av/53 St
0.3 miles

Citi Bike

E 58 St & Madison Ave
0.1 miles
E 56 St & Madison Ave
0.13 miles

Contact Agent

Contact Agent

Monica Luque
Douglas Elliman

Midtown East | Manhattan

Quick Profile

Midtown West and Midtown East have a lot in common. They’re bustling, iconic, and full of people. But just like siblings, their personalities can be vastly different. Midtown East is a bit more sophisticated and doesn’t quite have the vivacity and unruliness that its westerly counterpart exudes. 

Midtown East is bordered by 42nd to the south, 59th Street to the north, 5th Avenue to the west, and 3rd Avenue to the east. 

The neighborhood is famous for its high-end stores, tourist attractions, posh hotels (budget ones too), and iconic architecture. Midtown East is also one of the largest financial and business hubs in Manhattan. During normal business hours the sidewalks are full of commuters and people moving from point A to point B. In the early evening, when the masses have left for the day, things suddenly get a little quieter and the sidewalks have a lot less foot traffic.  

Although largely a commercial neighborhood, residential areas of Midtown East do exist on the eastern section of the neighborhood. 

Grand Central Station is located in Midtown East and like Midtown West, it’s an extremely commutable neighborhood. The 4, 5, 6, 7 and S trains whisk people in and out of the neighborhood 24 hours a day. Grand Central Station also serves as a hub for New York State and Connecticut commuter rails. These trains can take you anywhere along the Hudson River or up into Connecticut. It’s perfect for day tripping. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 185162