485 Park Avenue
New York, NY 10022
Total # of Rooms: 7
Interior: 2,500 sq. ft. (approx.)
flip tax: 2.5% Paid By Seller
A rare opportunity to acquire an expansive west-facing, half floor apartment atop a distinguished, full-service Park Avenue prewar cooperative. Located on the northeast corner of East 58th Street and Park Avenue, 485 Park Avenue was built to fourteen stories in 1922 by Dwight P. Robinson & Co. and features a handsome limestone and brick façade. With only twenty-three apartments, the elegant lobby is the perfect transition from the convenience of its Park Avenue location to the intimate tranquility of this true Manhattan classic prewar apartment.
The semi-private elevator landing opens onto a spacious marble-floored Gallery, ideally suited for a collector of fine art. Once featured on the cover of Interior Design Magazine, the apartment was re-envisioned into an open-plan Park Avenue loft by award-winning 20th century American architect Scott Bromley. Boasting open city skyline views from sun-flooded, western exposures over Park Avenue, the open plan Living Room/Dining Room/ Library features superb scale with high ceilings and a wood-burning fireplace. Currently configured as two Bedrooms, the apartment is easily restored to a three Bedroom. A corner Master Bedroom Suite and a Second Bedroom/Library each feature an en-suite bathroom and ample storage. A Staff/Third Bedroom with an en-suite bathroom is adjacent to the Kitchen, affording a wonderful opportunity for expansion. The cooperative board permits financing of 25% of the purchase price. Both occupancy as a pied-a-terre and pets are welcome at 485 Park Avenue.