480 Park Avenue #7J, New York City, NY 10022

MIDTOWN, New York City, NYCourtesy of Elliman
480 Park Avenue #7J, Midtown, Manhattan, NY 10022 - Main property photo
480 Park Avenue #7J, Midtown, Manhattan, NY 10022 - Property photo 2 of 2
Last Sold Price
$1,245,000
Sold on 2/23/2121
Common Charges$1,680 / mo
Monthly Taxes
Price per Sqft
Brokerage FeeShare Eligible
2
Beds
1
Baths
Sqft
Regis Roumila

Regis Roumila

Verified Member: REBNY · NAR

NYDOS LIC#: 10491211335

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Property Overview

Beautifully renovated 2 bedroom, 1 bathroom home on Park Avenue. Unit 7J features a gracious foyer, windowed kitchen, living/dining area, 2 generous size bedrooms. Enjoy central air, new double pane sound absorbing windows, waterworks fixtures throughout, and ample space in this top-of-the-line renovation. Custom automatic shades and built-in sound system make this turn-key home the perfect Park Avenue enclave just blocks away from Central Park.

Property Details

PROPERTY TYPECo-op
BEDS2
BATHS1
ROOMS4
STORIES20
YEAR BUILT1929
COMMON CHARGES$1,680 / Monthly
LISTED ONJun 13, 2019
DAYS ON MARKET2653 Days
 
 
 

Residence Features

Building Washer Dryer Install Allowed
Common Area

Estimated Monthly Payment

$7,975/ month
Principal & Interest$6,29579% of totalCommon Charges$1,68021% of total
Down Payment$249,000 (20%)
Interest Rate6.5%
Loan Term
Principal & Interest
$6,295
Common Charges
$1,680

Estimates only. Actual payments may vary. Confirm terms with your lender.

Sales and market data

How this price compares

Last sold price
$1,245,000
Median sold price
$1,020,000
Difference
+$225,000 (+22.1%)
Comparable sales
12
Sales from
Nov 2024 – Apr 2026

Based on co-op two-bedroom sales in Midtown.

More market data
Middle half of those sales
$847,250 – $1,628,000

Square footage is recorded for only 7 of these 12 sales (58%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Midtown instead.

How these sales were negotiated

Sale-to-list price
96.1%
Sold below asking
70%
Typical time to find a buyer
84 days
Typical time to close
62 days

Based on co-op two-bedroom sales in Midtown with the required listing and closing data. Sample sizes vary by metric.

Price trend

Median sale price, co-op two-bedroom sales in Midtown

Median sold price by year for co-op two-bedroom sales in Midtown, 2017 to 2024, with the number of sales behind each year
YearMedian sold priceSales
2017$1,180,00010
2018$842,00012
2021$750,00015
2022$802,50010
2024$1,210,00010

Based on recorded co-op two-bedroom sales in Midtown.

Sales data through April 2026.

Sale prices and dates are based on NYC ACRIS records. MLS closing dates may differ. Historical sales are not an appraisal or valuation of this property.

Price and Property History for 480 Park Avenue, Unit 7J

Review the recorded listing activity for 480 Park Avenue, Unit 7J, including asking-price changes and prior market dates.

Latest price change
Reduced by $250,000, or 16.7%, on October 26, 2024
Originally listed
June 13, 2019 at $1,495,000
Listing and price history for 480 Park Avenue, Unit 7J
DatePriceListing event
$1,245,000Asking price reduced by $250,000, or 16.7%
$1,245,000Entered contract
$1,495,000Listed for sale by Elliman

In the Neighborhood

Nearby Schools

Browning School0.17 miles
High School of Art and Design0.32 miles
Peter G Peterson Center for International Studies0.47 miles
Lyceum Kennedy International School0.8 miles
Public School 580.82 miles

* Distances are approximate line-of-sight metrics.

Map

Midtown

The Center of the World

Midtown is the commercial heart of NYC. Skyscrapers, tourists, and business.

Real Estate & Housing Market

Luxury condos in the sky (Billionaire's Row) and corporate housing. Not a traditional "neighborhood." 

Lifestyle & Community

Dominanted by office workers and tourists. Convenient but lacks a local feel.

Transportation & Accessibility

Every train goes through Midtown. Grand Central is here.

Parks, Schools & Amenities

Bryant Park and Central Park (south border) are key.

Who This Neighborhood Is Best For

Best for pied-à-terre buyers and busy executives.

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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.