--- title: "480 Park Avenue #7J, New York City, NY 10022" description: "480 Park Avenue #7J, New York City, NY 10022 — MIDTOWN, New York City, NY. Last Sold Price $1,245,000. Sold on 2/23/2121. 2 bed, 1 bath" url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/480-park-avenue-j-7J-ny-10022" source: "Real Estate Rebate Team" status: "Closed" --- # 480 Park Avenue #7J, New York City, NY 10022 MIDTOWN, New York City, NY Courtesy of Elliman ## At a Glance - **Last Sold Price**: $1,245,000 - **Status**: Sold on 2/23/2121 - **Beds**: 2 - **Baths**: 1 - **Common Charges**: $1,680 / mo - **Brokerage Fee**: Share Eligible This listing was successfully closed and is no longer active on the market. [Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) ## Photos (2) ![480 Park Avenue #7J, New York City, NY 10022 — photo 1 of 2](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/83fd7875-9674-446d-abb5-77f269adce31.jpg) ![480 Park Avenue #7J, New York City, NY 10022 — photo 2 of 2](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cb18f3eb-b9d5-4eae-bb22-3bd73cf39946.jpg) ## 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 Type**: Co-op - **Beds**: 2 - **Baths**: 1 - **Rooms**: 4 - **Stories**: 20 - **Year Built**: 1929 - **Common Charges**: $1,680 / Monthly - **Listed On**: Jun 13, 2019 - **Days on Market**: 2653 Days ### Residence Features - Building Washer Dryer Install Allowed - Common Area ## Estimated Monthly Payment **$7,975 / month**, assuming a 20% down payment ($249,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **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**: November 2024 – April 2026 - **Middle half of those sales**: $847,250 – $1,628,000 Based on co-op two-bedroom sales in Midtown. 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% (10 sales) - **Sold below asking**: 70% (10 sales) - **Typical time to find a buyer**: 84 days (10 sales) - **Typical time to close**: 62 days (10 sales) Based on co-op two-bedroom sales in Midtown with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. ### Price trend Median sale price, co-op two-bedroom sales in Midtown | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $1,180,000 | 10 | | 2018 | $842,000 | 12 | | 2021 | $750,000 | 15 | | 2022 | $802,500 | 10 | | 2024 | $1,210,000 | 10 | Based on recorded co-op two-bedroom sales in Midtown. Sales data through April 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. ## 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 | Date | Price | Listing event | | --- | --- | --- | | October 26, 2024 | $1,245,000 | Asking price reduced by $250,000, or 16.7% | | September 25, 2020 | $1,245,000 | Entered contract | | June 13, 2019 | $1,495,000 | Listed for sale by Elliman | ## Midtown The Center of the World [Explore Midtown](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby MIDTOWN - [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) - [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district) - [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) - [Hells Kitchen real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hells-kitchen) - [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district) - [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) ## Related Links - [Midtown neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > 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.