Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,900,000

· Closed December 20, 2023

480 PARK Avenue #17C
Closed For Sale Co-op

$2,900,000

480 PARK Avenue #17C

Midtown East, Manhattan

480 PARK AVE. CORP.

MLS® #RLS10928292

RLS at REBNY

Listing by Douglas Elliman Real Estate

4

Bedrooms

3

Baths

N/A

Sq. Ft.

1929

Year Built

Quick Summary

Bedrooms 4
Bathrooms 3
Year Built 1929
Ownership Co-op
Maintenance $5,738/mo
Neighborhood Midtown East
Floor 17 of 20

Property Highlights

  • Views: City
  • Exposure: North,South facing
  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 7
Baths 3 Full
Floor 17 of 20
View City
Exposure North,South
Cooling Wall Units
Pets Yes
Year Built 1929
Structure Type HighRise
Basement Other
Parcel # 1294-0033-00480-000-000017C
Block/Lot 01294/0033

Listing History

Event Date Price Change
Listed Mar 1, 2022 $3,995,000 -
Price Reduced Jan 22, 2024 $3,495,000 -12.5%
Currently Jun 2, 2026 $2,900,000 -17.0%

Description

Price Drop! Unmatchable elegance in this classic 7 residence just two blocks from Central Park!

Enter through a semi private elevator vestibule that opens into a 9 ft. x 20' ft. entrance gallery that leads into a grand living room with wood burning fireplace, herringbone floors, custom moldings, and sophisticated architectural details. French doors open into an impressive 15 ft. x 21.8 ft. dining room that features a butler's pantry that is perfect for hosting. This captivating 3 bedroom is flooded with natural light from its north, south and east exposures. The windowed, eat-in kitchen is accessible from two entrances and presents custom cabinets throughout. The king-sized primary bedroom offers two walk in closets and an en-suite bathroom with a shower and tub. The second and third bedroom share a windowed bathroom. Additional features includes: elegant light fixtures, high ceilings, ample closets, custom built-ins, pre-war details, washer/dryer and a maid's room with its own bathroom completes this home!

480 Park Avenue is a prestigious white glove residential cooperative with full-time doorman, building manager and concierge services. Designed by Emery Roth in 1929 with one of the grandest apartment lobbies on Park Avenue. The building features a landscaped roof garden, a fitness center, laundry room, on-site dry cleaning with valet services, and private storage. The building permits pied-a-terres and pets. Additionally, it allows 50% financing and has 2% flip tax.

Located at the center of Manhattan's best neighborhood; Midtown enjoys the absolute best of Central Park and Park Avenue as it is surrounded by fine dining, cafes, designer shops and cultural attractions. Public transportation includes easy access to; N, R, Q, W, 4, 5, 6 F, M & E line trains.

Features & Amenities

Interior Features

Dining Area Smoke Free Building Washer Dryer Install Allowed Building Other In Unit

Exterior Features

Building Roof Deck

Building Amenities

Concierge Green Building Storage

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Maintenance $5,738/mo
Original Price $3,995,000
Sale Price $2,900,000
Previous Price $3,495,000

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

229

Median Asking Price

$1.59M

Median $/Sqft

$1,765

Avg Days on Market

N/A

New This Week

8

Price Reduced

23%

Sold (30 Days)

9

Median Sale Price

$1.74M

Live data from RLS at REBNY • Updated 6/1/26, 10:07 PM EST

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Location

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480 PARK Avenue #17C, 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 $5,738 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 4 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: RLS10928292
First Listed: 3/28/2022
On Market: 3/1/2022
Price Changed: 1/22/2024
Closed: 12/20/2023
Contract Date: 3/1/2022

Listing Courtesy of Douglas Elliman Real Estate - Iman Barkhordari

Listing Contact: (646) 226-6084

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 6/2/2026 at 2:07 AM UTC

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