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$2,905,750
List Price: $2,950,000
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485 Park Avenue #4B
Coop in Midtown •  building info
3bd • 3ba
Buy with Yoreevo

$2,905,750

List Price

$2,950,000

Key Details
Days on market
114
Last price change
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Estimated payment
$14,759/mo
Taxes
Included in maintenance fees
Maintenance
$5,436/mo
Description
NEW PRICE! An elegant, quintessential Park Avenue Classic 7 in a full-service white-glove cooperative in the heart of New York City at the corridor of Midtown East and the Upper East Side. Residence 4B at 485 Park Avenue is a timeless embodiment of the refinement one associates with pre-war architecture enhanced by modern conveniences throughout. With a stately South-facing living room, a large formal dining room, an oversized windowed eat-in kitchen, three South-facing bedrooms, three bathrooms and a staff room/home office and an approximately 27-foot long center gallery, this home is the consummate marriage of prewar grandeur and contemporary grace. A semi-private landing ushers you into the grand entry gallery enveloped in decorative wainscoting to complement the gorgeous herringbone wood floors found throughout the apartment's entertaining rooms. Ideally designed to welcome guests and showcase glorious artwork, the gallery dramatically leads to a South-facing living room anchored by a wood-burning fireplace with a handsome mantle of custom millwork, flanked at either side by built-in bookcases. The living room flows seamlessly into the adjacent dining room through a pair of French doors, perfect for those who enjoy either formal or casual entertaining. Immediately adjacent the dining room, the oversized windowed eat-in kitchen features a breakfast bar that can seat up to four, the perfect place for casual meals or to enjoy a glass of wine while preparing dinner with company. The countertops are granite throughout, and the appliance suite includes a vented Thermador stainless steel gas range with griddle and four burners, an oversized Sub-Zero refrigerator/freezer with an icemaker as well as two ovens and a full-sized dishwasher by GE. There are three South-facing bedrooms, one of which is located between the living room and primary bedroom and easily used as a library (as it currently is), and two of which are situated off of a dedicated bedroom corridor. The primary bedroom features city windows and has a large walk-in closet supplemented by a wall of custom built-in closeting. The windowed primary bathroom has been newly renovated and is dressed in neutral grey tile with an oversized floating vanity and a glass-enclosed stall shower with a built-in product nook. The primary bathroom is also accessible from the library, providing the library with wonderfully flexible use as both an extension of the primary suite and additional entertaining space. At the westernmost end of the apartment is a second bedroom suite complete with city windows, a large walk-in closet and a marble windowed en-suite bathroom with deep soaking tub. Additional features of this marvelous home include an office/staff room, a third full bathroom with stall shower, an in-unit washer/dryer, a wet bar, and central air conditioning supplemented by through-wall air. Built in 1922 by Dwight P. Robinson & Co., 485 Park Avenue is a dignified full-service white-glove pre-war cooperative rising from a three-story limestone base. Residents enjoy a full-time staff including a live-in resident manager as well as private storage for each apartment and bicycle storage. The building is moments from Central Park and The Museum of Modern Art, and residents take advantage of the endless array of world-class shopping experiences along Fifth Avenue and Madison Avenue as well as a host of celebrated restaurants, bars and conveniences including Whole Foods and Trader Joe's just a few blocks away. Located in the heart of New York City, the N, R, W, 4, 5 and 6 trains are around the corner and buses are one block away. Pieds-a-terre are permitted upon approval, and pets are welcome. Financing is now allowed up to 50%. There is an ongoing assessment of $1,005.42 per month.

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Important Stuff
Elevator
Washer/Dryer in unit
Full Time Doorman
Unit features
Central Air
Dishwasher
Hardwood floors
Fireplace

Wood

View

City

Building amenities
Services and facilities
Bike Room
Fios Available
Laundry in Building
Live In Super
Storage

Locker/Cage

Building info

History
What it'll cost
Purchase price
$2,950,000
Asking Price: $2,950,000
Term
30 Years
Down Payment
$1,475,000 (50%)
Min: 50% (1,475,000)
Rate
6.5 %
Mortgage Amount
$1,475,000
Mortgage Payment
$9,323
Maintenance
$5,436
Estimated Yoreevo rebate
$44,250
Estimated closing cost
$44,000
Total monthly cost $14,759
Buy your dream home with us and get an estimated $44,250 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Brown Harris Stevens

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