Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

485 PARK Avenue #1B
Interested in this property?
Pending For Sale Co-op

$2,000,000

$835 per sq ft

485 PARK Avenue #1B

Midtown East, Manhattan

58 & PARK AVE, INC

MLS® #RLS20037627

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

3

Bedrooms

3.5

Baths

2,394

Sq. Ft.

1922

Year Built

Quick Summary

Bedrooms 3
Bathrooms 4 full, 1 half
Living Area 2,394 sq ft
Year Built 1922
Ownership Co-op
Maintenance $4,784/mo
Neighborhood Midtown East
Floor 2 of 14

Property Highlights

  • Views: City
  • Exposure: North,South facing
  • Fireplace: 1 fireplace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 7
Baths 3 Full, 1 Half
Floor 2 of 14
View City
Exposure North,South
Pets Yes
Year Built 1922
Living Area 2,394 sq ft
Structure Type HighRise
Basement Other
Block/Lot 01313/0001

Listing History

Event Date Price Change
Listed Jul 17, 2025 $2,000,000 -
Currently Jun 27, 2026 $2,000,000 -

Description

This stunning 3-bedroom home, located on the second floor, at 485 Park Avenue is a beautifully appointed Classic-Seven, located in one of Park Avenue's prestigious white-glove cooperatives, featuring furniture and artwork collected by the fashion icon and heiress Millicent Rogers. Nestled at the intersection of Midtown East and the Upper East Side, this elegant home presents the rare opportunity to preserve the timeless grace of its pre-war architecture while bringing it up to date with modern fixtures. Upon entering through a semi-private landing, a gracious 27-foot-long central gallery sets a tone of quiet luxury, framed by decorative wainscoting and classic herringbone wood floors that seamlessly connects to a spacious, South-facing living room featuring a wood-burning fireplace with custom millwork and built-in bookshelves. French doors open to the formal dining room, allowing for a fluid and elegant entertaining experience. The adjacent windowed eat-in kitchen is both expansive and practical. The apartment features three South-facing bedrooms. The serene primary bedroom includes a walk-in closet and additional storage. A second and third bedroom share a private suite at the far end of the home - offering privacy, generous closet space, and a shared windowed bathroom. Additionally, there is a staff room with a full third bathroom. Built in 1922 by Dwight P. Robinson & Co., 485 Park Avenue is a distinguished full-service cooperative with a limestone base and classic architectural detailing. Residents enjoy the services of a full-time staff, live-in resident manager, private storage, and bicycle storage. The location is unbeatable-just moments from Central Park, The Museum of Modern Art, and world-class shopping and dining along Fifth and Madison Avenues. Nearby conveniences include Whole Foods, Trader Joe's, and several major subway lines (N, R, W, 4, 5, 6), with bus routes just one block away. There is an ongoing assessment of $884.77. The cooperative permits pieds-à-terre upon board approval and welcomes pets. Financing is allowed up to 50%. Residence 1B offers the rare opportunity to live in a home that is at once classic, comfortable, and unmistakably Park Avenue.

Features & Amenities

Interior Features

Separate Formal Dining Room Building None In Unit Fireplace (1)

Exterior Features

None

Building Amenities

Elevators Storage

Appliances

Dishwasher

Building Information

Financial Details

Maintenance $4,784/mo

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

229

Median Asking Price

$1.54M

Median $/Sqft

$1,672

Avg Days on Market

N/A

New This Week

4

Price Reduced

31%

Sold (30 Days)

19

Median Sale Price

$1.42M

Live data from RLS at REBNY • Updated 6/27/26, 7:43 AM EST

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Location

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485 PARK Avenue #1B, Midtown East, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1922
Year Built
104 years old
14
Floors
23
Residential Units
C5-3
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $10,574,100
Land Value: $1,962,000
Exemptions: $0

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

Lot Area: 6,787 SF
Building Area: 82,644 SF
Built FAR: 12.18
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 $4,784 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 3 full bathrooms and 1 half bathroom.

The listed interior living area is 2,394 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1922, making it approximately 104 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: .,Building Pets Allowed Comments:.. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $2,000,000 for 2,394 sq ft, the asking price per square foot is approximately $835. This figure is for reference only and may differ from appraised or assessed values.

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: RLS20037627
First Listed: 7/17/2025
On Market: 7/17/2025
Price Changed: 7/17/2025
Pending Since: 11/5/2025
Contract Date: 7/17/2025

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Joshua D Arcus

Listing Contact: (212) 712-1180

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 6/27/2026 at 11:43 AM UTC

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