Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,725,000

· Closed September 3, 2024

480 PARK Avenue #2G
Closed For Sale Co-op

$1,725,000

480 PARK Avenue #2G

Midtown East, Manhattan

480 PARK AVE. CORP.

MLS® #RLS10959082

RLS at REBNY

Listing by Berkshire Hathaway HomeServices New York Properties

2

Bedrooms

3

Baths

N/A

Sq. Ft.

1929

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3
Year Built 1929
Ownership Co-op
Maintenance $3,440/mo
Neighborhood Midtown East
Floor 2 of 20

Property Highlights

  • Exposure: South,West facing
  • Fireplace: 1 fireplace
  • Character: Pre-war building (1929)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 3 Full
Floor 2 of 20
Exposure South,West
Pets Yes
Year Built 1929
Structure Type HighRise
Basement Other
Parcel # 1294-0033-00480-000-000002G
Block/Lot 01294/0033

Listing History

Event Date Price Change
Listed Aug 31, 2023 $2,100,000 -
Price Reduced Sep 4, 2024 $1,995,000 -5.0%
Currently Jun 1, 2026 $1,725,000 -13.5%

Description

Classic 6 at the Incomparable 480 Park Avenue

Designed in 1929 by the renowned Emery Roth, 480 Park Avenue is amongst the top tier of white glove cooperatives along Park Avenue.

Residence 2C is a luxury home presenting elegant rooms of superlative scale and flow. The entrance gallery sets the tone for this home of distinction. Radiating from the gallery, the 28' living room features triple south facing windows, soaring 10' ceilings, a wood burning fireplace and herringbone hardwood floors. Also accessed from the gallery is the grand formal dining room fit for lavish dinner parties and the seamless flow from gallery to living room to dining room begets the most elegant entertaining. The private bedroom hall leads to a south facing 2nd bedroom/library with ensuite bath and a south facing master suite featuring a walk-in closet and ensuite bath. The large EIK features a butler's pantry and adjacent staff room and bath easily converted to suit multiple needs such as a home office or 3rd bedroom.

480 Park Avenue is a stone's throw from Central Park and the finest Fifth Avenue shopping and dining-with its resplendent lobby, unmatched staff including full time doorman, concierge service, porters, on site dry cleaning/valet, landscaped roof terrace, fitness room and private storage. Pieds-a-terre are permitted, foreign buyer friendly, electricity included in the low monthly maintenance, 2% flip tax paid by buyer, pets on a case by case basis.

Bring Your Architect to create your grand home at this coveted Park Avenue address.

Features & Amenities

Interior Features

Separate Formal Dining Room Smoke Free Building Washer Dryer Install Allowed Building Other In Unit Fireplace (1)

Exterior Features

Building Roof Deck

Building Amenities

Concierge Elevators Storage

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Maintenance $3,440/mo
Original Price $2,100,000
Sale Price $1,725,000
Previous Price $1,995,000

Midtown East is a dynamic hub that is the gateway to Manhattan for many. Home to iconic landmarks like Grand Central Terminal and the Chrysler Building, the neighborhood offers unparalleled convenience for commuters and professionals. The residential landscape is a mix of high-rise luxury towers and historic side-street cooperatives, providing a wide array of options for those who want to be at the center of the city's energy.

Midtown East Live Market Data

View Neighborhood

Active Listings

231

Median Asking Price

$1.58M

Median $/Sqft

$1,742

Avg Days on Market

N/A

New This Week

9

Price Reduced

22%

Sold (30 Days)

9

Median Sale Price

$1.74M

Live data from RLS at REBNY • Updated 6/1/26, 5:27 PM EST

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Location

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480 PARK Avenue #2G, Midtown East, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1929
Year Built
97 years old
19
Floors
134
Residential Units
C5-2.5
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $47,672,550
Land Value: $9,750,600
Exemptions: $11,450

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 25,105 SF
Building Area: 375,239 SF
Built FAR: 14.95
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $3,440 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 3 full bathrooms.

According to MLS records, the building was constructed in 1929, making it approximately 97 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property: Conditional,Building Pets Allowed Comments:Conditional. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10959082
First Listed: 8/31/2023
On Market: 8/31/2023
Price Changed: 9/4/2024
Closed: 9/3/2024
Contract Date: 8/31/2023

Listing Courtesy of Berkshire Hathaway HomeServices New York Properties - Louise Sinnott Stocker

Listing Contact: (917) 304-7840

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 6/1/2026 at 9:27 PM UTC

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