by RH Advisors

See Home Value
$8,200,000
Co-op - Off Market

470 PARK Avenue #PHA

Manhattan, NY 10022
bedrooms
5 Beds
bathrooms
7 Baths, 1 Half Bath
square feet
4850 Sqft
$51,797
Estimated Monthly
$11,533
HOA / Fees
0.35%
Cap Rate

About This Property

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.
Unit Size
4,850Ft²
Days on Market
273 days
Land Size
-
Price per sqft
$1,691
Property Type
Co-op
Property Taxes
-
HOA Dues
$11,533
Year Built
1916
Last updated: 6 days ago (RLS #RPLU-5122591366)

Price History

Date / Event Date Event Price
Apr 18, 2024 Sold $8,200,000
Sold
Feb 3, 2024 In contract -
In contract
Jan 22, 2024 Price Decreased $8,500,000
↓ $1M (12.8%)
Price Decreased
Oct 5, 2023 Price Decreased $9,750,000
↓ $1M (9.3%)
Price Decreased
Jul 20, 2023 Listed by Douglas Elliman Real Estate $10,750,000
Listed by Douglas Elliman Real Estate
Show More

Property Highlights

Doorman
Elevator
Air Conditioning
Fireplace
With View
Interior Details

Bedroom Information

Bedrooms: 5

Bathroom Information

Full Bathrooms: 6
Half Bathrooms: 1

Interior Information

Appliances: Washer Dryer Allowed
Living Area: 4850

Room Information

Laundry Features: Building Other, In Unit
Rooms: 10

Fireplace Information

Has Fireplace
Library
Fireplaces: 2

Basement Information

Exterior Details

Property Information

Year Built: 1916

Building Information

Outdoor Living Structures: Deck, Terrace, Wrap Around, Balcony
Pets Allowed: Building Yes, Yes

Land Information

Tax Lot: 0037
Tax Block: 01293


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
5 Beds
5 Baths
4,648 ft²
$1,931/ft²
$8,975,000 Apr 29, 2019
$8,975,000 Jun 28, 2019
$13,657/mo
Condo
4 Beds
4.5 Baths
3,382 ft²
$2,602/ft²
$8,800,000 Oct 21, 2014
- Feb 5, 2021
$6,878/mo
Co-op
4 Beds
3 Baths
3,500 ft²
$1,971/ft²
$6,900,000 May 3, 2011
- Feb 5, 2021
$4,983/mo
Condo
4 Beds
4 Baths
3,001 ft²
$2,266/ft²
$6,800,000 Jul 11, 2016
$6,800,000 Sep 6, 2017
$6,377/mo
Co-op
4 Beds
5 Baths
3,000 ft²
$2,500/ft²
$7,500,000 Mar 2, 2017
$7,500,000 May 7, 2018
$6,974/mo
Condo
4 Beds
4.5 Baths
2,755 ft²
$3,394/ft²
$9,350,000 Nov 19, 2013
- Feb 5, 2021
$5,602/mo
Townhouse
5 Beds
6 Baths
4,650 ft²
$1,613/ft²
$7,500,000 Jul 26, 2022
-
$5,630/mo
Condo
5 Beds
5 Baths
3,427 ft²
$2,917/ft²
$9,995,000 Mar 9, 2023
-
$11,613/mo
Co-op
4 Beds
5 Baths
4,000 ft²
$2,050/ft²
$8,200,000 May 17, 2023
-
$12,994/mo
Townhouse
5 Beds
4 Baths
6,800 ft²
$1,471/ft²
$10,000,000 Jan 3, 2024
-
$7,793/mo
Condo
4 Beds
6 Baths
4,040 ft²
$2,475/ft²
$10,000,000 Mar 29, 2023
-
$14,335/mo
Townhouse
6 Beds
7 Baths
5,500 ft²
$1,559/ft²
$8,575,000 Apr 12, 2023
-
$8,260/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230720 Unit PHA
07/20/2023
PHA
5 Bed
7 Bath
4850 ft²
$10,750,000
bedrooms
5 Bed
bathrooms
7 Bath
square feet
4850 ft²
$8,200,000 -23.72%
04/18/2024
-
J Erickson
Douglas Elliman Real Estate
20230613 Unit 3CE
06/13/2023
3CE
3 Bed
5 Bath
-
$4,950,000
bedrooms
3 Bed
bathrooms
5 Bath
$4,950,000
08/31/2023
Lauren Muss
Douglas Elliman Real Estate
20211216 Unit 6E
12/16/2021
6E
1 Bed
1 Bath
-
$1,150,000
bedrooms
1 Bed
bathrooms
1 Bath
$999,500 -13.09%
04/22/2022
-
Byron Hero
Brown Harris Stevens Residential Sales LLC
20210316 Unit 3CE
03/16/2021
3CE
3 Bed
5 Bath
-
$5,495,000
bedrooms
3 Bed
bathrooms
5 Bath
-
-
-
Lauren Muss
The Corcoran Group
20201103 Unit 12D
11/03/2020
12D
1 Bed
1 Bath
-
$895,000
bedrooms
1 Bed
bathrooms
1 Bath
$860,000 -3.91%
03/12/2021
Pamela Marcus
Corcoran Group
20181115 Unit 6B
11/15/2018
6B
2 Bed
2 Bath
-
$1,799,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
Anthony Vargas
FORTRESS REALTY INC
20180727 Unit 10D
07/27/2018
10D
1 Bed
1 Bath
-
$1,100,000
bedrooms
1 Bed
bathrooms
1 Bath
$850,000 -22.73%
10/02/2019
-
Stephen Wald
Stephen P. Wald Real Estate Associates
20161019 Unit 12B
10/19/2016
12B
3 Bed
2.5 Bath
-
$1,895,000
bedrooms
3 Bed
bathrooms
2.5 Bath
$1,750,000 -7.65%
03/31/2017
Katharine Tuckerman
Brown Harris Stevens Residential Sales LLC
20160315 Unit 12B
03/15/2016
12B
3 Bed
2.5 Bath
-
$1,995,000
bedrooms
3 Bed
bathrooms
2.5 Bath
-
-
-
Armin Allen
Sotheby's International Realty, Inc.
20160126 Unit 11B
01/26/2016
11B
3 Bed
2 Bath
-
$2,100,000
bedrooms
3 Bed
bathrooms
2 Bath
-
11/28/2016
Curtis Jackson
Brown Harris Stevens Residential Sales LLC
20141208 Unit 4B
12/08/2014
4B
2 Bed
2 Bath
-
$1,695,000
bedrooms
2 Bed
bathrooms
2 Bath
-
05/18/2015
Wendy Sarasohn
The Corcoran Group
20140407 Unit 12C
04/07/2014
12C
2 Bed
2 Bath
-
$4,250,000
bedrooms
2 Bed
bathrooms
2 Bath
$3,495,000 -17.76%
02/05/2021
-
Kirk Henckels
Compass
20130921 Unit 3D
09/21/2013
3D
1 Bed
1 Bath
850 ft²
$995,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
850 ft²
-
-
-
Frank Arends H
Douglas Elliman Real Estate
20130703 Unit 11DE
07/03/2013
2 Bed
3 Bath
-
$3,150,000
bedrooms
2 Bed
bathrooms
3 Bath
-
-
-
Ari Harkov
Brown Harris Stevens Residential Sales LLC
20130221 Unit 6E
02/21/2013
6E
1 Bed
1 Bath
900 ft²
$1,250,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
900 ft²
-
-
-
Lisa Simonsen
Prudential Douglas Elliman Real Estate

Building Info

Park 58 Corp. 470 Park Avenue, New York, NY 10022
  • 58 Units
  • 3 Units for Sale
More about this Building
470 Park Avenue
Want to find out who owns 470 Park Avenue, New York, NY 10022? Get detailed property transactions here .

About Midtown Manhattan


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