Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,275,000

· Closed November 27, 2023

480 PARK Avenue #5G
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Closed For Sale Co-op

$2,275,000

480 PARK Avenue #5G

Midtown East, Manhattan

480 PARK AVE. CORP.

MLS® #RLS10919424

RLS at REBNY

Listing by Corcoran Group

3

Bedrooms

3

Baths

N/A

Sq. Ft.

1929

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Year Built 1929
Ownership Co-op
Maintenance $3,506/mo
Neighborhood Midtown East
Floor 5 of 20

Property Highlights

  • Exposure: North,South,West facing
  • Fireplace: 1 fireplace
  • Climate Control: Central Air

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 3 Full
Floor 5 of 20
Exposure North,South,West
Cooling Central Air
Pets Yes
Year Built 1929
Structure Type HighRise
Basement Other
Parcel # 1294-0033-00480-000-000005G
Block/Lot 01294/0033

Description

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.

Features & Amenities

Interior Features

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

Building Amenities

Green Building

Building Information

Building 480 PARK AVE. CORP.
Total Units 136
Stories 20
Structure HighRise

Financial Details

Maintenance $3,506/mo
Original Price $2,495,000
Sale Price $2,275,000
Previous Price $2,495,000

Midtown East is a dynamic hub that serves as 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 charming 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

217

Median Asking Price

$1.73M

Median $/Sqft

$1,672

Avg Days on Market

N/A

New This Week

5

Price Reduced

26%

Sold (30 Days)

11

Median Sale Price

$1.35M

Live data from RLS at REBNY • Updated 3/24/26, 12:27 PM EST

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Location

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480 PARK Avenue #5G, Midtown East, New York County

Floor Plans

Floor Plan
MLS® ID: RLS10919424
First Listed: 12/2/2022
On Market: 11/29/2022
Price Changed: 11/28/2023
Closed: 11/27/2023
Contract Date: 12/2/2022

Listing Courtesy of Corcoran Group - Amy Katcher

Listing Contact: (917) 678-4719

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 3/24/2026 at 4:27 PM UTC

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