2 months on rocket

470 Park Ave Unit 8B, New York City, NY, 10022

$1,475,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
Condo
Schools Nearby

Location

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470 Park Ave Unit 8B, New York$1,475,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
Year Built1916
ViewCity
MLS #PRCH-7837353
StatusActive

About 470 Park Ave Unit 8B

A classic Prewar Park Avenue Cooperative home currently configured as a 2 Bedroom, 2 Bath residence with exceptionally low maintenance that includes electricity. The Entry Foyer leads to a gracious Living Room that opens onto the oversized Dining Room and updated Chef’s Kitchen with tile backsplash, custom cabinetry and stainless steel appliances including a wine cooler. The corner Primary Bedroom is very large and quiet with an updated, windowed Bath. A 2nd Bedroom/Library with custom built-ins and a full Bath completes this residence. This spacious property offers a well proportioned floor plan ideal for entertaining and comfortable living featuring, 10-foot Ceilings, crown moldings and hardwood floors throughout. It is very quiet due to the new, sound resistant double-paned windows. Built in 1916 and designed by Schwartz & Gross, 470 Park Avenue is a white glove full-service Prewar Cooperative with a full-time Doorman, live-in Superintendent, Laundry Room, Bike Storage, and a basement Storage unit that transfers with the apartment. Conveniently located on Park Avenue between 57th and 58th Streets. It is within close proximity to the finest shopping on Madison and Fifth Avenues, Central Park, many new restaurants and the theatre -all of the best features Manhattan living offers. This building is pet friendly and permits pied-a-terres with Board Approval. Financing up to 50% and a 3% Flip Tax paid by Buyer. Assessment of $3,098.04/mo through October 2024.

Property Details

Property Features

Property Information:

  • Year Built: 1916

Listing Office:

  • Office Name: Sothebys International Realty
  • Office Phone: (212) 606-7660
  • Listing Agent: Jeanne Bucknam
  • Agent Phone: (212) 606-7660

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Interior: Elevator, Storage

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: City

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,475,000

HOA Fees:

  • Amount: $2808
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

470 Park Ave Unit 8B vs New York

70 DAYS ON ROCKET

-26 Days

$1,475,000

+$625.8K More

KEY TAKEAWAY

This property is $625.8K more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #PRCH-7837353

Listing Office:

  • Office Name: Sothebys International Realty
  • Office Phone: (212) 606-7660
  • Listing Agent: Jeanne Bucknam
  • Agent Phone: (212) 606-7660

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/2/2024, 12:55:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$10.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,489

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4493186
10
/10
  • East Side Elementray School-PS 267

  • 213 E 63rd St

  • 0.38 miles

  • Public District Grades PK-3

school-card-donut-4493187
9
/10
  • PS 59 Beekman Hill International

  • 231249 East 56th St

  • 0.62 miles

  • Public District Grades KG-5

school-card-donut-4493188
9
/10
  • PS 183 Robert L Stevenson

  • 419 E 66th St

  • 0.69 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $122,845. The most common annual income of people living in New York, NY is $200k+. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 470 Park Ave Unit 8B

What is the listing price of this property?

The listing price of 470 Park Ave Unit 8B property is $1,475,000.

What type of property is this?

The property 470 Park Ave Unit 8B is a condo located in New York City, New York, 10022.

Is this property for sale now?

Active Listing: 470 Park Ave Unit 8B is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 470 Park Ave Unit 8B has 2 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 470 Park Ave Unit 8B is 1916.

Rocket HomesNew YorkNew York10022470 Park Ave Unit 8B

This home is located at 470 Park Ave Unit 8B in New York City, NY and zip code 10022 in the Midtown East neighborhood. This home was built in 1916. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 21, 2024 and is currently priced at $1,475,000.

In April 2024, from all listings sold in New York, NY there were more than 168 sold above asking price, over 748 sold below and more than 758 were sold right at the asked price. The number of homes for sale in New York, NY increased by 3.8% between March 2024 and April 2024. In April 2024 median list price was $849,191 and the average listing age was 96 days.

From Rocket Homes Real Estate and based on county public records data.

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