$8,200,000
●
Co-op -
Off Market
470 PARK Avenue #PHA
Manhattan, NY 10022
5 Beds
7 Baths,
1
Half Bath
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.
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
Utilities Details
Cooling Type: Central Air
Location Details
Subdivision Name: Midtown East
Stories Total: 14
View: Skyline
Association Fee: $11,533
Association Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
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
Sold
Condo
4
Beds
4.5
Baths
3,382 ft²
$2,602/ft²
$8,800,000
Oct 21, 2014
-
Feb 5, 2021
$6,878/mo
Sold
Co-op
4
Beds
3
Baths
3,500 ft²
$1,971/ft²
$6,900,000
May 3, 2011
-
Feb 5, 2021
$4,983/mo
Sold
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
Sold
Condo
4
Beds
4.5
Baths
2,755 ft²
$3,394/ft²
$9,350,000
Nov 19, 2013
-
Feb 5, 2021
$5,602/mo
Active
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
Active
Co-op
4
Beds
5
Baths
4,000 ft²
$2,050/ft²
$8,200,000
May 17, 2023
-
$12,994/mo
Active
Townhouse
5
Beds
4
Baths
6,800 ft²
$1,471/ft²
$10,000,000
Jan 3, 2024
-
$7,793/mo
Active
Condo
4
Beds
6
Baths
4,040 ft²
$2,475/ft²
$10,000,000
Mar 29, 2023
-
$14,335/mo
In Contract
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 |
---|---|---|---|---|---|---|---|---|
07/20/2023
|
5 Bed
|
7 Bath
|
4850 ft²
|
$10,750,000
5 Bed
7 Bath
4850 ft²
|
$8,200,000
-23.72%
04/18/2024
|
-
|
J Erickson
Douglas Elliman Real Estate
|
|
06/13/2023
|
3 Bed
|
5 Bath
|
-
|
$4,950,000
3 Bed
5 Bath
|
$4,950,000
08/31/2023
|
Lauren Muss
Douglas Elliman Real Estate
|
||
12/16/2021
|
1 Bed
|
1 Bath
|
-
|
$1,150,000
1 Bed
1 Bath
|
$999,500
-13.09%
04/22/2022
|
-
|
Byron Hero
Brown Harris Stevens Residential Sales LLC
|
|
03/16/2021
|
3 Bed
|
5 Bath
|
-
|
$5,495,000
3 Bed
5 Bath
|
-
-
|
-
|
Lauren Muss
The Corcoran Group
|
|
11/03/2020
|
1 Bed
|
1 Bath
|
-
|
$895,000
1 Bed
1 Bath
|
$860,000
-3.91%
03/12/2021
|
Pamela Marcus
Corcoran Group
|
||
11/15/2018
|
2 Bed
|
2 Bath
|
-
|
$1,799,000
2 Bed
2 Bath
|
-
-
|
-
|
Anthony Vargas
FORTRESS REALTY INC
|
|
07/27/2018
|
1 Bed
|
1 Bath
|
-
|
$1,100,000
1 Bed
1 Bath
|
$850,000
-22.73%
10/02/2019
|
-
|
Stephen Wald
Stephen P. Wald Real Estate Associates
|
|
10/19/2016
|
3 Bed
|
2.5 Bath
|
-
|
$1,895,000
3 Bed
2.5 Bath
|
$1,750,000
-7.65%
03/31/2017
|
Katharine Tuckerman
Brown Harris Stevens Residential Sales LLC
|
||
03/15/2016
|
3 Bed
|
2.5 Bath
|
-
|
$1,995,000
3 Bed
2.5 Bath
|
-
-
|
-
|
Armin Allen
Sotheby's International Realty, Inc.
|
|
01/26/2016
|
3 Bed
|
2 Bath
|
-
|
$2,100,000
3 Bed
2 Bath
|
-
11/28/2016
|
Curtis Jackson
Brown Harris Stevens Residential Sales LLC
|
||
12/08/2014
|
2 Bed
|
2 Bath
|
-
|
$1,695,000
2 Bed
2 Bath
|
-
05/18/2015
|
Wendy Sarasohn
The Corcoran Group
|
||
04/07/2014
|
2 Bed
|
2 Bath
|
-
|
$4,250,000
2 Bed
2 Bath
|
$3,495,000
-17.76%
02/05/2021
|
-
|
Kirk Henckels
Compass
|
|
09/21/2013
|
1 Bed
|
1 Bath
|
850 ft²
|
$995,000
1 Bed
1 Bath
850 ft²
|
-
-
|
-
|
Frank Arends H
Douglas Elliman Real Estate
|
|
07/03/2013
|
2 Bed
|
3 Bath
|
-
|
$3,150,000
2 Bed
3 Bath
|
-
-
|
-
|
Ari Harkov
Brown Harris Stevens Residential Sales LLC
|
|
02/21/2013
|
1 Bed
|
1 Bath
|
900 ft²
|
$1,250,000
1 Bed
1 Bath
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
About Midtown Manhattan
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