Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,100,000

· Closed November 8, 2023

480 PARK Avenue #8G
Closed For Sale Co-op

$2,100,000

480 PARK Avenue #8G

Midtown East, Manhattan

480 PARK AVE. CORP.

MLS® #RLS10896749

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

2

Bedrooms

3

Baths

N/A

Sq. Ft.

1929

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3
Year Built 1929
Ownership Co-op
Maintenance $3,825/mo
Neighborhood Midtown East
Floor 8 of 21

Property Highlights

  • Exposure: South facing
  • Fireplace: 1 fireplace
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 7
Baths 3 Full
Floor 8 of 21
Exposure South
Cooling Other
Pets Yes
Year Built 1929
Structure Type HighRise
Basement Other
Block/Lot 01294/0033

Listing History

Event Date Price Change
Listed Dec 17, 2024 $2,195,000 -
Currently Jun 2, 2026 $2,100,000 -4.3%

Description

Situated in one of Park Avenue's most esteemed pre-war cooperatives, perfectly located at the crossroads of the Upper East Side and the most prestigious part of midtown, this elegant 7 room apartment offers approximately 2200 square feet of extraordinary space, with grand proportions and plenty of opportunities for customization.

The spacious entry gallery features a vaulted ceiling and opens to an impressive, light-filled living room, with 10-foot ceilings, herringbone pattern hardwood floors, 3 oversized south-facing windows, and a wood-burning fireplace. At the other end of the gallery is the dining room, which opens to a wood-paneled library. These rooms could be combined to create a grand formal dining room, the original layout of the apartment. Adjacent to the dining room is a large eat-in kitchen, with extensive storage, a washer and dryer, and a convenient service entrance. A generous staff room (or home office) has an ensuite bath and is just off of the library.

The tranquil and bright bedrooms are ideally located in a private wing, separated from the rest of the apartment by a spacious hallway with a large walk-in cedar closet. Each of the two bedrooms has splendid south facing windows and extensive storage space. The grandly scaled primary suite has a huge cedar-lined walk-in closet, and an enormous marble-clad bath featuring two separate sinks and vanities, a walk-in shower, separate bathtub, and a window. The secondary bedroom also features a walk-in cedar closet and a windowed marble bath.

Designed by legendary architect Emery Roth and completed in 1929, 480 Park Avenue boasts one of the most impressive lobbies in Manhattan, as well as 24-hour doormen and a concierge, a live-in resident manager, a stunning roof deck with glorious views, and a fitness center. Steps from Central Park, and surrounded by New York City's finest restaurants, museums and shopping along on Madison and Fifth Avenues.

Up to 50% financing, pets, pied-a-terres and foreign buyers are all permitted, with board approval. 2% coop transfer fee paid by the purchaser.

Showings are by appointment only, Monday through Friday between 9am and 5pm.

Co-Exclusive with Compass

Features & Amenities

Interior Features

Separate Formal Dining Room Building Other In Unit Fireplace (1)

Exterior Features

Building Roof Deck

Building Amenities

Concierge Elevators

Building Information

Financial Details

Maintenance $3,825/mo
Original Price $2,195,000
Sale Price $2,100,000
Previous Price $2,195,000

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, 10:01 PM EST

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Location

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480 PARK Avenue #8G, 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 $3,825 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 mcoste@kwnyc.com. 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: RLS10896749
First Listed: 6/7/2023
On Market: 12/17/2024
Price Changed: 12/17/2024
Closed: 11/8/2023
Contract Date: 6/7/2023

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Martha Kramer

Listing Contact: (212) 906-9371

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 2:01 AM UTC

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