New York (Midtown East), NY, 10022 | $1,750,000

Unit 15D at 480 Park Avenue offers a rare opportunity to own a piece of New York City history. Situated at the corner of 58th Street and Park Avenue, this iconic Emory Roth pre-war building, built in 1929, exudes the grandeur and elegance of early 20th-century architecture.
This beautifully appointed two-bedroom, two-bathroom home boasts 10-foot ceilings and stunning polished walnut floors. Statuesque, extra-wide doorways and European-style moldings add a touch of old-world sophistication throughout the residence. Upon entering, you're greeted by an opulent entrance gallery, setting the tone for the gracious and majestic spaces beyond. The expansive primary suite features an immense dressing room and a windowed marble bath, while the second bedroom, with its en suite windowed bathroom, doubles as a functional home office.

The formal dining room creates an intimate atmosphere for entertaining, and the chef's kitchen is equipped with state-of-the-art appliances, pristine white cabinetry, and marble countertops. A washer and dryer are conveniently located in the kitchen, enhancing the home's functionality. The thoughtful layout is both flexible and well-planned, perfect for today's lifestyle.

480 Park Avenue is a prestigious 19-story full-service co-op offering a 24-hour doorman, concierge, fitness center, and a beautifully landscaped rooftop deck with open city views. Additional amenities include a dedicated 12-square-foot storage unit and laundry facilities in the basement. The building is pet-friendly on a case-by-case basis and welcomes pied- -terres and foreign buyers. Financing is allowed up to 50%, and a 2% flip tax applies. Utilities are included in the low monthly maintenance.

Located in the heart of Midtown Manhattan, 480 Park Avenue places you at the center of world-class shopping, fine dining, and unbeatable access to public transportation, conveniently including Grand Central Terminal.

Features

  • Town: New York
  • Cooling: Wall Unit(s)
  • Levels: 20
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Building Other,Washer Hookup,In Unit
  • Complex: 480 PARK AVE. CORP.
  • Year Built: 1929
  • Common Charge: $3,000 Monthly
  • Approx Sq. Feet: 1,500
  • View: Other
  • Pet Policy: Building Yes,Yes
  • MLS#: RPLU-5123201298
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/RPLU-5123201298/480parkavenue_newyork_ny?source=qrflyer
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All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Douglas Elliman Real Estate   Phone: (212) 891-7000

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
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860.690.5052

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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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New York (Midtown East), NY, 10022

$1,750,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,400,000 $1,400,000 $1,400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.963% 5.983% 5.805%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,516 $8,282 $11,532
Total Monthly Payment $7,641 $8,407 $11,657

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.