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Prewar Residential Income Property
For Sale
$4,250,000

480 PARK Avenue 8B, New York City, NY 10022

Three-bedroom residence with classic details, flexible living spaces, and extensive storage in a full-service cooperative building.

Property SizeContact for details
Days on Market15

Property Features for 480 PARK Avenue 8B

General Information

Standard status Active
Property subtype Apartment

Units

Unit Mix 1 x 3BR/3.5BA
Multifamily Units 1

Additional Details

Public Transit Yes

Amenities

doorman
concierge
landscaped rooftop terrace
fitness center
bike room
laundry room
private storage
wood-burning fireplace

Building Details

Year Built 1929
Listing Agency: Corcoran Group
Listed By: Prince Dockery · License #10301207905 (NY)
Source: Nobleblackandpartners
Added: Sep 17 Changed: Sep 29 Last Checked: Sep 30 at 2:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Corcoran Group

Investment Insights

Based on property information with market context.

Residence 8B is a spacious prewar home with three bedrooms, three-and-a-half bathrooms, 10-foot ceilings, and views toward Park Avenue. A marble gallery foyer leads to formal living and dining rooms, while the living room includes a wood-burning fireplace. The corner primary suite offers a walk-in closet and additional hallway storage, and the two south-facing bedrooms also provide walk-in closets. An eat-in kitchen with center island connects to a den or home office, pantry, large laundry room, two additional closets, and powder room.

Built in 1929, 480 Park Avenue is a white-glove cooperative with a full-time doorman, concierge, landscaped rooftop terrace, fitness center, bike room, laundry room, and private storage. Some utilities are included in the monthly maintenance, which is supported in part by commercial income. The property is two blocks from Central Park and provides access to the 4, 5, 6, N, R, W, F, Q, E, and M subway lines.

Key Highlights

  • Three‑bedroom, three‑and‑a‑half‑bathroom residence with 10‑foot ceilings
  • Marble gallery foyer, formal living room, dining room, and wood‑burning fireplace
  • Eat‑in kitchen with center island, pantry, den or home office, and large laundry room

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Butcher Auto Parts Store (Bike/Boat/Book/etc) Store Buffet Pet Grooming Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

49,964
Businesses Nearby

Demographics for 10022, NY

36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Three-bedroom residence with classic details, flexible living spaces, and extensive storage in a full-service cooperative building.
Where is this residential income property located?
The property is located at 480 PARK Avenue 8B New York City, NY.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Three‑bedroom, three‑and‑a‑half‑bathroom residence with 10‑foot ceilings; Marble gallery foyer, formal living room, dining room, and wood‑burning fireplace; Eat‑in kitchen with center island, pantry, den or home office, and large laundry room
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