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for saleRealtyLens property overview
$2,250,000
470 Park Ave Apt 5C
New York, NY, 10022
View more New York, NY property pages2Beds
2Baths
1,700Sqft
$1324$/sqft
Listing Notes
Most definitively one of the chicest and most elegant pied-a-terres on the market. Occupying a long corner of Park Avenue, this perfect 2 bedroom, 2 bath cooperative has an enfilade of three grand entertaining rooms all flanked by large windows over Park Avenue. The rooms are high ceilinged with generous proportions, high doorways and resplendent with elegant details and exquisite craftsmanship. A grand entry leads to the Living Room which is sun filled throughout the day as it occupies the corner over Park Avenue with windows facing East and South. The paneling in the library is of a quality unmatched outside the grandest apartments of Fifth and Park Avenues. The private primary bedroom faces south with an en-suite bath. The apartment was redone most recently by the firm of Ingrao and Associates, and is truly the most elegant, perhaps perfect of pied-a-terre apartments on the upper east side.
Market Insights
Below nearby median-26%
$1324/sqft vs a nearby median of $1792/sqft.
Nearby median$1792/sqft
Nearby properties12
Property size1,700 sqft
- -26% versus the nearby median price per square foot.
- 2 price records are available for this property.
- 1,700 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$1.54M$1.36M – $1.72M · 25% confidence
vs ask $2.25M+$709k (+31.5%)
Asking price is about 31.5% above where comps + adjustments land — there is room to negotiate.
$889/sqft median across 3 tight comps × 1,700 sqft= $1.51M
- Days-on-market gravity−$45k −3.0%
- Transit access+$38k +2.5%
- Pre-war character+$38k +2.5%
- High-density walkability+$30k +2.0%
- Open DOB violations−$15k −1.0%
- Virtually staged−$15k −1.0%
Cumulative NYC adjustments+$30k+2.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Recorded price cuts can create room for negotiation, but the latest ask still needs to be compared against true comps.
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Listing Details
- Days on market
- 711 days
- Last price change
- Down $250,000 (10%)
- Listed
- May 31, 2024
- Photos
- 10 photos
- Property type
- coop
- Status
- for sale
- Last sold
- Nov 4, 2004 · $780,000
Features & Amenities
Central AirCity ViewDoormanFireplaceHardwood FloorsViewHigh CeilingLibraryEnsuite
Photos
Building Facts
- Year built
- 1916
- Stories
- 13
- Total units
- 58
- Residential units
- 56
- Building area
- 2.56 ac
- Lot size
- 10,000 sqft
- Land use
- Multi-family elevator buildings
- Building class
- D4
From NYC public records where available.
Price History
May 8, 2026diff
$2,250,000for sale
May 4, 2026Initial record
$2,500,000for sale
Public Records
DOB violations41 open
92 total recorded against the building
HPD violations3 open
8 total recorded
ACRIS documents92
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)11,275
Top: illegal parking
Top complaint types in ZIP 10022
- Illegal Parking1,366
- Noise770
- Street Condition728
- HEAT/HOT WATER650
- Noise - Residential557
Recent DOB
- Sep 23, 2024V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Sep 23, 2024V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Jun 23, 2024V*-DOB VIOLATION - DISMISSED · EARCX-FAILURE TO SUBMIT EER NONE
- Jan 24, 2024V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
Recent HPD
- Jun 9, 2023Class A · § 53, 187, 231 M/D LAW AND DEPARTMENT RULES AND REGULATIONS. PROVIDE A SHOE PROPERLY SECURED TO BOTTOM OF STRING OF DROPLADDER REAR STACK IN NORTH SECTION
- Jun 9, 2023Class A · § 53, 187, 231 M/D LAW AND DEPARTMENT RULES AND REGULATIONS. PROVIDE A SHOE PROPERLY SECURED TO BOTTOM OF STRING OF DROPLADDER REAR STACK IN SOUTH SECTION
- Oct 26, 2016Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- Mar 11, 2008Class A · SECTION 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT ALL PEELING PAINT SURFACES IN THE 2nd ROOM FROM EAST, THE 3rd BATHROOM FROM EAST A...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.