480 Park Avenue
480 Park Avenue, New York, NY 10022
Midtown East
BBL 1012940033 · BIN 1036083
- Year built
- 1929
- 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
- $1.8M
- Recent range
- $799K – $4.5M
- Listing discount
- 8.6%
- Recorded transfers
- 143
480 Park Avenue is one of the great white-glove cooperatives of lower Park Avenue — an Emery Roth building from 1929, the peak year of the avenue's pre-war boom, built for developer Sam Minskoff on the site of the former Hotel Clarendon. It sits at the corner of 58th Street, at the lower, more cosmopolitan end of Park Avenue where the residential avenue meets the Plaza District, and it has held its standing as a top-tier co-op for nearly a century.
Roth's hand is everywhere in the architecture. The buff-brick, limestone, and terra-cotta tower steps back in the asymmetrical, almost sculptural setbacks that became his signature — a massing that gives the building presence on the avenue and light and terraces to its upper floors. Inside, the residences carry the full pre-war vocabulary: high ceilings, gracious proportions, and the kind of layout discipline that made Roth's apartments the standard against which others were measured.
For buyers, the appeal is the classic Park Avenue case made at a comparatively intimate scale: a full-service, board-run cooperative of just 134 homes, with the staffing, discretion, and quality of construction that define the avenue, in a building small enough to feel personal. It is pre-war Park Avenue living without the size of a 200-unit tower.
Architecture and unit composition
The building is a textbook Emery Roth composition: a masonry base rising to a setback crown, detailed in limestone and terra cotta against buff brick, with one of the grander residential lobbies on the avenue. The three elevator banks divide the building into intimate vertical neighborhoods, with semi-private elevator vestibules serving the apartments.
The 134 residences are pre-war in the fullest sense — many feature 10-foot ceilings, wood-burning fireplaces, separate service entries, and the formal layout of entry gallery, scaled living and dining rooms, and bedroom wings that buyers seek on Park Avenue. Upper-floor homes benefit from Roth's setbacks, with light, air, and in some cases terraces. The mix runs from generous classic-sixes and -sevens up to large full-floor and combination residences, giving the building both a steady mid-market and a genuine trophy tier.
Building operations
480 Park Avenue runs as a traditional full-service cooperative: full-time doormen, a concierge, and a resident building manager, supported by a well-kept physical plant. Amenities are pre-war-appropriate rather than amenity-tower extensive — a fitness room, a landscaped roof deck, a laundry room, and private storage — the package buyers of this generation of building expect.
As a cooperative, the building is board-governed, and its policies reflect the deliberate posture of a top-tier Park Avenue co-op. Purchases require board approval, with a full board package and interview. Financing is limited to 50% of the purchase price — a conservative cap that screens for strong balance sheets and is typical of the avenue's better buildings. A flip tax of 2% applies, paid by the buyer. Pets are considered on a case-by-case basis. Pied-à-terre ownership is permitted at the building — a meaningful flexibility that not every Park Avenue co-op extends. Prospective buyers should expect the financial scrutiny and post-closing-liquidity expectations standard at cooperatives of this caliber.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $91,811/yr
- Per unit / month range
- $0 – $57
Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →Management & transfer contacts
- Sublet policy
- Not allowed
- Pied-à-terre
- Allowed
Recent sales
Recent transfers at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| May 20, 2026 | 15D | 2 BR · 2 BA · 1,500 sf | $1,550,000 | $1,033/sf | +3.3% |
| May 19, 2026 | 16D | 2 BR · 2 BA | $1,925,000 | +8.5% | |
| Feb 11, 2026 | 10D | 2 BR · 2 BA · 1,400 sf | $1,775,000 | $1,268/sf | +0.0% |
| Feb 11, 2026 | 9D | 2 BR · 2 BA · 1,500 sf | $1,495,000 | $997/sf | +0.0% |
| Aug 26, 2025 | 20D | 2 BR · 2 BA · 1,500 sf | $1,402,000 | $935/sf | +7.8% |
| Jun 11, 2025 | 10E | 2 BR · 2.5 BA | $1,800,000 | -18.2% | |
| Jun 6, 2025 | 12H | 1 BR · 1 BA · 1,000 sf | $799,000 | $799/sf | +0.0% |
| Jun 4, 2025 | 17J | 1 BR · 1 BA · 950 sf | $800,000 | $842/sf | -11.1% |
Market read. Most recent trades (2026) cleared a median $1,143/sf across 3 sales. Median listing discount 4.3% 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 |
|---|---|---|
| Nov 23, 2004 | 17J | $675,000 |
| Nov 4, 2004 | 14G | $1,675,000 |
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 1-01294-0033) 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
This is a classic Park Avenue cooperative, and buyers should approach it as one. Plan for the board process — a complete package and interview — and for the 50% financing cap, which requires substantial equity and post-closing liquidity. Budget the 2% flip tax, payable by the buyer at closing. Pets are case-by-case, and pied-à-terre purchases are permitted, which widens the buyer pool relative to stricter co-ops. The reward is genuine: Emery Roth pre-war construction, 10-foot ceilings and wood-burning fireplaces, a small and well-run building, and a corner address at the lower, most central stretch of Park Avenue. We help buyers assemble a board package that presents well, read the building's financials, and target the lines and floors that hold value.
What to know if you’re selling
Lead with the pedigree. An Emery Roth 1929 building, pre-war proportions, fireplaces, and a small white-glove operation are the durable selling points — and the corner-of-58th location, at the cosmopolitan end of Park Avenue, broadens appeal beyond the traditional uptown co-op buyer. Price to the lower-Park-Avenue pre-war market, with the building's intimate scale and amenity set as differentiators. Prepare the buyer for the board: surfacing the financing cap, flip tax, and package expectations early prevents failed deals and keeps qualified buyers in the process. Condition and renovation drive premiums in pre-war stock — a thoughtfully presented apartment with intact original detail and updated systems will outperform.
Comparable buildings
If you're considering 480 Park Avenue, also evaluate other lower- and mid-Park Avenue cooperatives and towers:
- 500 Park Avenue — Park Avenue building a block north
- 510 Park Avenue — pre-war Park Avenue cooperative nearby
- 515 Park Avenue — full-service Park Avenue residence
- 520 Park Avenue — Robert A.M. Stern limestone tower on the avenue
- 485 Park Avenue — pre-war Park Avenue cooperative peer
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.
Considering a move at 480 Park Avenue?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 480 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.