470 Park Avenue
470 Park Avenue, New York, NY 10022
Midtown East
BBL 1012930037 · BIN 1036068
- Year built
- 1916
- Type
- Cooperative
- Landmark
- No
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median
- $2.2M
- Recent range
- $1M – $5M
- Listing discount
- 3.5%
- Recorded transfers
- 59
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 470 Park Avenue would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
470 Park Avenue is a distinguished red-brick pre-war cooperative on the lower-Park-Avenue blocks between 57th and 58th Streets — the same prestigious stretch that shares its block with some of the city's most storied hotels and restaurants. The building was designed in 1916 by Schwartz & Gross, one of the most prolific and respected pre-war apartment-house firms in New York, responsible for numerous landmark co-ops along Park, Central Park West, and the avenues. It became a cooperative in 1954, early in the wave that converted the avenue's great rental houses into the owner-occupied buildings that define it today.
What sets 470 Park apart, beyond its pedigree and address, is the package of attentive service and genuine flexibility. This is a full-service, white-glove cooperative — full-time doorman, porters, and a live-in resident manager — with two private gardens, a rare green amenity on the avenue. And its board posture is notably accommodating: pets and pieds-à-terre are welcomed, and the building permits financing up to 50%, terms more flexible than many of the avenue's stricter houses.
For buyers, 470 Park is lower-Park-Avenue living with Schwartz & Gross pedigree, white-glove service, private garden space, and a board flexible enough to broaden its appeal.
Architecture and unit composition
Schwartz & Gross gave 470 Park the dignified, restrained vocabulary that defines the firm's best pre-war work: a solid red-brick street wall, a canopied and attended Park Avenue entrance, and the proportion and craftsmanship of 1916 construction. The building's two private gardens are an unusual and valued feature on the avenue, giving residents real outdoor common space behind the masonry.
Inside, the residences carry the layout logic of the period — gracious entry foyers, defined rooms, and the ceiling height and solidity that make pre-war apartments wear well across generations. The mix runs from well-proportioned apartments to larger family homes on the upper floors, where light and Park Avenue outlook improve. As with any pre-war cooperative, individual homes vary in renovation level and exposure, with the larger and higher residences at the top of the building's range.
Building operations
470 Park is run as a full-service, white-glove cooperative: a full-time doorman, porters, and a live-in resident manager provide continuous, attentive service. Basement storage with complimentary laundry and a bicycle room serve residents, and the two private gardens give the building a genuine green amenity uncommon on the avenue. The board's policies are a meaningful part of the building's appeal — pets and pieds-à-terre welcomed, and financing permitted up to 50%, a flexibility that broadens the buyer pool. A purchase proceeds through the cooperative's application and board interview.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $50,805/yr
- Per unit / month range
- $0 – $76
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
Management & transfer contacts
- Flip tax
- 3% of gross consideration - paid by seller
- Sublet policy
- Allowed
- Pied-à-terre
- Allowed
Recent sales
Recent transfers at this building, curated by The Roebling Team research desk. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| May 12, 2026 | 10C | 2 BR · 2 BA | $2,500,000 | -3.5% | |
| Aug 7, 2025 | 8B | 2 BR · 2 BA | $1,200,000 | -14.0% | |
| Jun 12, 2025 | 9A | 2 BR · 2 BA · 1,700 sf | $2,200,000 | $1,294/sf | +0.0% |
| Mar 6, 2025 | 10D | 1 BR · 1 BA | $1,080,000 | -1.8% | |
| Jul 16, 2024 | 4A | 1 BR · 1 BA | $1,000,000 | -20.0% | |
| Apr 19, 2024 | 6A | 1 BR · 1 BA · 1,300 sf | $1,200,000 | $923/sf | -14.0% |
| Apr 15, 2024 | PHA | 5 BR · 6.5 BA · 4,850 sf | $8,200,000 | $1,691/sf | -23.7% |
| Aug 31, 2023 | 3CE | 3 BR · 4.5 BA · 3,000 sf | $4,950,000 | $1,650/sf | +0.0% |
Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $1,436/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 5.6% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Oct 2, 2003 | 2DE | $1,250,000 |
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01293-0037) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.
What to know if you’re buying
The board is flexible by avenue standards. Welcomed pets and pieds-à-terre, plus financing up to 50%, are more accommodating terms than many lower-Park cooperatives offer — they widen both how you can use the home and your eventual resale audience.
You're buying Schwartz & Gross pedigree and white-glove service. A 1916 design from one of the era's premier apartment-house firms, full-time staffing, and two private gardens are substance a newer building cannot replicate.
Diligence is co-op-standard. Expect a board package and interview, financing within the building's 50% guideline, and review of the cooperative's financials, reserves, and any planned capital work — routine for a well-run pre-war house of this standing. Confirm current policy specifics for your situation.
What to know if you’re selling
Lead with the flexible board and the gardens. Pet- and pied-à-terre-friendly policies, financing up to 50%, and two private gardens are precisely the features buyers screen for on the avenue — they belong at the top of the story.
Sell the pedigree and the address. A Schwartz & Gross design on lower Park between 57th and 58th, with white-glove staffing, is a powerful, specific positioning — far stronger than generic pre-war language.
Benchmark within lower Park Avenue's full-service cooperatives. Price against comparable white-glove co-ops on the surrounding blocks; the buyer here is choosing pedigree, service, and a flexible board, and pricing should reflect that audience.
Comparable buildings
If you're considering 470 Park Avenue, also evaluate Park Avenue and Midtown East's full-service cooperatives:
- 475 Park Avenue — cooperative directly across the avenue
- 480 Park Avenue — Park Avenue cooperative nearby
- 500 Park Avenue — landmark Midtown East building
- 510 Park Avenue — F.H. Dewey & Company's 1925 Park Avenue cooperative
- 502 Park Avenue — Park Avenue cooperative to the north
- 515 Park Avenue — upper-tier Park Avenue residence
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Park Avenue — read The Roebling Team Guide to Park Avenue.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at 470 Park Avenue?
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