Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $6,900,000

· Closed April 22, 2014

480 PARK Avenue #21A
Closed For Sale Co-op

$6,900,000

$1,971 per sq ft

480 PARK Avenue #21A

null, Manhattan

480 PARK AVE. CORP.

MLS® #RLS10086726

RLS at REBNY

Listing by Sothebys International Realty

4

Bedrooms

3

Baths

3,500

Sq. Ft.

1929

Year Built

Quick Summary

Bedrooms 4
Bathrooms 3
Living Area 3,500 sq ft
Year Built 1929
Ownership Co-op
Maintenance $4,983/mo
Neighborhood null

Property Highlights

  • Exposure: East,North,South,West facing
  • Style: Prewar architecture
  • Character: Pre-war building (1929)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 11
Baths null Full
Exposure East,North,South,West
Pets Yes
Year Built 1929
Living Area 3,500 sq ft
Architectural Style Prewar

Listing History

Event Date Price Change
Listed Mar 13, 2014 $8,500,000 -
Price Reduced Apr 22, 2014 $6,995,000 -17.7%
Currently Jun 10, 2026 $6,900,000 -1.4%

Description

This Spectacular Penthouse is once again available for showings. Bring your architect and contractor with you to be the first to take advantage of this unique opportunity.Once the residence of William S. Paley, this glamorous apartment needs nothing more than some TLC, to be brought back to its original splendor. In one of NYC's finest locations, one block from the new Billionaires Row, at Park Ave. and East 58th St. this triplex penthouse has it all.The private entrance to the 21st floor brings one into a 32 ft. gallery, with 3 sets of leaded paned windows. The gallery sits between the Living Room and the formal Dining Room, both of which have private terraces off them, overlooking The Avenue.As we say in the business, the bones are beautiful, parquet floors, high ceilings and gorgeous proportions; perfect for entertaining. Please call for a private viewing of this very special residence, also consisting of four BR's, three full baths and two half baths, not to mention the piece de resistance , a tower library with soaring ceilings and its own wet bar.

Building Information

Financial Details

Maintenance $4,983/mo
Original Price $8,500,000
Previous Price $6,995,000

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Live data from RLS at REBNY • Updated 6/9/26, 8:27 PM EST

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Location

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480 PARK Avenue #21A, null, New York County

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 $4,983 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 4 bedrooms and 3 full bathrooms.

The listed interior living area is 3,500 square feet. Verify dimensions independently during due diligence.

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. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $6,900,000 for 3,500 sq ft, the asking price per square foot is approximately $1,971. 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: RLS10086726
First Listed: 3/13/2014
Price Changed: 4/22/2014
Closed: 4/22/2014
Contract Date: 5/3/2011

Listing Courtesy of Sothebys International Realty - Leasing Office, Chelsea Park 260 West 26th Street

Listing Contact: (212) 606-7660

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 6/10/2026 at 12:27 AM UTC

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