Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $8,200,000

· Sold at asking price · Closed April 18, 2024

SOLD: 470 PARK Avenue #PHA
SOLD $8,200,000
Sold Co-op

$8,200,000

$1,691 per sq ft

470 PARK Avenue #PHA

Midtown East, Manhattan

MLS® #RLS10950842

RLS at REBNY

Listing by Douglas Elliman Real Estate

5

Bedrooms

7.5

Baths

4,850

Sq. Ft.

1916

Year Built

Sale Details

Sale Price $8,200,000
Original List Price $8,200,000
First Listed At $10,750,000
Close Date April 18, 2024
vs. Asking Sold at asking price

Property Summary

Bedrooms 5
Bathrooms 7 full, 1 half
Living Area 4,850 sq ft
Year Built 1916
Ownership Co-op
Maintenance $11,533/mo
Neighborhood Midtown East
Floor 14 of 14

Description

Enjoy the splendor of living in a private triplex penthouse, perched atop a classic Park Avenue prewar building in prime Midtown Manhattan! This unique, masterfully-crafted residence affords an opulent townhouse lifestyle enhanced by the amenities of a coveted full-service cooperative. The exceptional 4,850+/- sq ft modern showplace with 10 rooms, 5 bedrooms, 6 baths plus a powder room, and a private elevator servicing all floors is brimming in premium finishes and elegant details. Complementing the magnificent interiors are extensive planted terraces spanning over 2,000 sq ft for the ultimate outdoor pleasure. Newly and impeccably-designed with steel and walls of glass, and wrapped in gorgeous European materials, this trophy penthouse is truly rare and one of a kind. Loft-like living and dining rooms provide a perfect backdrop for the host and boast soaring walls of glass that slide open to expansive terraces for seamless indoor-outdoor entertaining. Sip coffee or drinks overlooking awing views of Park Avenue to the north and east, and the Plaza Hotel in the distance to the west. Topping the allure is a striking wood-burning living room fireplace to gather around, a fabulous custom wine cellar reminiscent of Provence for your favorite vintages, and a spacious top-of-the-line eat-in kitchen tailored to the chef that looks out to the dining terrace. Completing the exquisite main level is a staff or additional guest bedroom with en-suite bath, and a large laundry room. A sleek, stunning floating staircase off the grand gallery is a work of art that rises to the tranquil primary bedroom suite. The enormous retreat comes with its own wood-burning fireplace, private terrace facing Park Avenue, and 2 generous pass-through dressing rooms leading to impeccably appointed spa baths draped in the finest elements. Also on the second floor is a gorgeous study/library with custom built-ins. The top story extends the luxury with 3 additional bedrooms, 3 full bathrooms, another terrace and a balcony. State-of-the-art heat and air conditioning keep the climate comfortable. This masterpiece penthouse is equally spectacular day or night, and rests in an intimate building constructed in 1916. Conceived by Schwartz & Gross, renowned for many other prewar Park Avenue buildings, 470 Park Ave is a handsome prewar cooperative with a full-time doorman and pet-friendly policy. Pied-a-terres and financing up to 50% is permitted. The outstanding heart-of-Manhattan address at the southwest corner of Park and 58th Street puts you minutes from the Midtown Business District, the finest shopping, outstanding restaurants, and other conveniences. Truly a once-in-a-lifetime opportunity not to be missed.

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 10
View City, River
Cooling Central Air
Year Built 1916
Living Area 4,850 sq ft

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RLS at REBNY

Listing courtesy of J Erickson at Douglas Elliman Real Estate. 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. This 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.

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