--- title: "480 CENTRAL Park #5C, New York City, NY 10025" description: "480 CENTRAL Park #5C, New York City, NY 10025 — Manhattan Valley, New York City, NY. Last Sold Price $835,000. Sold on 9/1/2026. 2 bed, 1 bath, 1,200 sqft" url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10025/480-central-park-5c-ny-10025" source: "Real Estate Rebate Team" dateModified: "2026-09-03T01:40:56.973Z" status: "Closed" --- # 480 CENTRAL Park #5C, New York City, NY 10025 Manhattan Valley, New York City, NY **Sponsor Residence** Courtesy of Douglas Elliman Real Estate Last updated: September 2, 2026, 9:40 PM ## At a Glance - **Last Sold Price**: $835,000 - **Status**: Sold on 9/1/2026 - **Beds**: 2 - **Baths**: 1 - **Sqft**: 1,200 - **Common Charges**: $960 / mo - **Price per Sqft**: $696 - **Brokerage Fee**: Share Eligible This listing was successfully closed and is no longer active on the market.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 (10) ![480 CENTRAL Park #5C, New York City, NY 10025 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bf33c6a7-229a-4821-8e07-abad61b5805a.jpg) ![480 CENTRAL Park #5C, New York City, NY 10025 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/261281eb-e4b5-4be7-86f1-0b983d00e5a7.jpg) ![480 CENTRAL Park #5C, New York City, NY 10025 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3f1d57f9-b6ec-4f6e-9a9d-7af2d2c78899.jpg) ![480 CENTRAL Park #5C, New York City, NY 10025 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/87419ed4-b04c-4785-89f2-d9c446884f20.jpg) ![480 CENTRAL Park #5C, New York City, NY 10025 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/22dbb59d-ec13-4fe7-a065-6a0e17576a91.jpg) ![480 CENTRAL Park #5C, New York City, NY 10025 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/12e20dbf-a96d-4173-8e8b-9110e6e4bd8e.jpg) ![480 CENTRAL Park #5C, New York City, NY 10025 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/600f98f1-a585-47a9-a46f-8a08306031f7.jpg) ![480 CENTRAL Park #5C, New York City, NY 10025 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8dffc8ae-4b7e-48bb-b8c9-38b2f54c7769.jpg) ![480 CENTRAL Park #5C, New York City, NY 10025 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4d6af738-8866-4710-9b24-4a0275922307.jpg) ![480 CENTRAL Park #5C, New York City, NY 10025 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e1a11708-c8eb-49ac-8f98-1be4634ca518.jpg) ## Property Overview SPONSOR UNIT NO APPROVAL OR FINANCIAL REQUIREMENTS Situated directly across from the iconic beauty of Central Park, this coveted, never-lived-in, beautifully renovated two-bedroom, one-bath condo is ready for immediate occupancy either for your primary residence or immediate rental income for an investor . Bathed in natural light from double exposures, this thoughtfully designed residence features soaring ceilings, just laid wide-plank white oak flooring, tranquil open-sky views with brand new fixtures .The gracious living and dining area provides an inviting setting for everyday living and entertaining, anchored by a charming decorative fireplace and flowing seamlessly into the beautifully renovated windowed kitchen.The Kitchen is designed with both style and functionality in mind, showcasing custom two-tone cabinetry, quartz countertops, under cabinet lighting & tile backsplash with brand-new stainless steel appliances, including a dishwasher, built-in microwave and Washer/Dryer . Thoughtfully designed the split-bedroom layout offers exceptional privacy, separating the bedroom wing from the entertaining spaces. The sun-filled primary bedroom comfortably accommodates a queen-size bedroom suite with additional furnishings, while the versatile second bedroom easily accommodates a full-size bed, desk and additional furnishings. Both bedrooms feature oversized double closets with overhead storage .The beautifully renovated windowed bathroom offers a refined spa-inspired aesthetic featuring large-format porcelain tile, a custom floating vanity, designer matte black fixtures and an illuminated mirror. This impeccably maintained boutique seven-story elevator condominium offers a full-time live-in superintendent, porter, virtual doorman with video intercom, fitness center, bike storage and central laundry. Pet Friendly . Conveniently located to cross town bus to Eastside, all major train lines in addition to Whole Foods & Trader Joes. As this is a sponsor sale in lieu of approval the purchaser pays for the transfer taxes and sponsor legal fees. ## Property Details - **Property Type**: Condominium - **Beds**: 2 - **Baths**: 1 - **Rooms**: 4 - **Sqft**: 1,200 sqft - **Stories**: 7 - **Year Built**: 1910 - **Price per Sqft**: $696 - **Common Charges**: $960 / Monthly - **Listed On**: Jul 21, 2026 - **Days on Market**: 48 Days ### Residence Features - Central Air - In Unit - Private Outdoor Space Over 60 Sqft - Washer Dryer Allowed ## Sales Evidence ### Recent closed sales 5 apartments at 480 CENTRAL Park have recorded sales since September 2021, the most recent for $835,000 in September 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 5C (Apartment) | 2 | 1,200 | $835,000 | $696/ft² | September 1, 2026 | MLS | | C (Apartment) | — | 1,250 | $789,144 | $631/ft² | July 8, 2024 | City record | | 1A (Apartment) | — | 541 | $755,000 | $1,396/ft² | July 19, 2022 | City record | | 1B/3B/5C (Apartment) | — | 2,563 | $625,000 | $244/ft² | March 28, 2022 | City record | | 5-B (Apartment) | 2 | 860 | $975,000 | $1,134/ft² | February 22, 2022 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares The median closed price for comparable condo two-bedroom sales in Manhattan Valley is $1,813,000, based on 19 sales between November 2024 and May 2026. This home is asking $835,000, $978,000 below that median. The middle half of those sales closed between $967,500 and $2,063,750. - **Median closed price**: $1,813,000 - **Middle half**: $967,500 – $2,063,750 - **Based on**: 19 condo two-bedroom sales in Manhattan Valley - **Period**: November 2024 – May 2026 - **Median $/ft²**: $1,661/ft² Across the 18 of these sales with a published asking price, the median closed at 100% of what it originally asked. 39% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Manhattan Valley instead. ### How these sales were negotiated - **Sold vs original ask**: 100% of the original ask - **Closed below ask**: 39% of 18 sales - **Listed → in contract**: 96 days (about 14 weeks) - **In contract → closed**: 55 days (about 8 weeks) Across the 18 of these sales with a published asking price, the median closed at 100% of what it originally asked. 39% of them closed below the original ask. Half of these homes were in contract within 96 days (about 14 weeks) of coming to market, based on the 19 with a recorded listing date. Once a deal was agreed, closing took a further 55 days (about 8 weeks), based on the 19 with both dates recorded. 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. Based on 19 condo two-bedroom sales in Manhattan Valley, November 2024 – May 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for condo and house two-bedroom sales in Manhattan Valley, 2019 to 2025. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2019 | $633,750 | 10 | | 2024 | $1,850,000 | 17 | | 2025 | $1,813,000 | 15 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Manhattan Valley instead. 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. [See every recorded sale at 480 CENTRAL Park](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/480-central-park) ## Price and Property History for 480 CENTRAL Park, Unit 5C Review the recorded listing activity for 480 CENTRAL Park, Unit 5C, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $10,000, or 1.2%, on September 2, 2026 - **Originally listed**: July 21, 2026 at $845,000 - **Last sold**: $835,000 on September 1, 2026 | Date | Price | Listing event | | --- | --- | --- | | September 2, 2026 | $835,000 | Asking price reduced by $10,000, or 1.2% | | September 1, 2026 | $835,000 | Sold | | August 4, 2026 | $845,000 | Entered contract | | July 21, 2026 | $845,000 | Listed for sale by Douglas Elliman Real Estate | ## Property Tax History Taxes at 480 CENTRAL Park #5C were $11,185 in 2026, up 7.1% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $105,771 | $36,016 | $69,755 | $89,479 | $11,185 | 12.5% (estimated) | | 2025 (FY 2025/26) | $93,308 | $36,016 | $57,292 | $83,530 | $10,441 | 12.5% (estimated) | | 2024 (FY 2024/25) | $91,096 | $36,016 | $55,080 | $81,709 | $10,214 | 12.5% | | 2023 (FY 2023/24) | $81,210 | $36,016 | $45,194 | $79,951 | $9,995 | 12.502% | | 2022 (FY 2022/23) | $76,021 | $36,016 | $40,005 | $76,021 | $9,325 | 12.267% | | 2021 (FY 2021/22) | $76,021 | $36,016 | $40,005 | $76,021 | $9,301 | 12.235% | | 2020 (FY 2020/21) | $84,201 | $36,016 | $48,185 | $75,909 | $9,312 | 12.267% | | 2019 (FY 2019/20) | $82,310 | $36,016 | $46,294 | $71,517 | $8,920 | 12.473% | | 2018 (FY 2018/19) | $80,375 | $36,016 | $44,359 | $66,774 | $8,422 | 12.612% | | 2017 (FY 2017/18) | $65,444 | $36,016 | $29,428 | $58,043 | $7,382 | 12.719% | | 2016 (FY 2016/17) | $67,221 | $36,016 | $31,205 | $51,822 | $6,681 | 12.892% | | 2015 (FY 2015/16) | $62,239 | $36,016 | $26,223 | $45,325 | $5,839 | 12.883% | | 2014 (FY 2014/15) | $58,606 | $36,016 | $22,590 | $39,931 | $5,133 | 12.855% | | 2013 (FY 2013/14) | $136,361 | $36,015 | $100,346 | $55,288 | $7,268 | 13.145% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 1018441042. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 480 CENTRAL Park 480 CENTRAL Park, New York, NY 10025 A building in the neighborhood, currently featuring 2 active listings. - **Year Built**: 1910 - **Total Units**: 2 - **Floors**: 7 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/480-central-park) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [5C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10025/480-central-park-5c-ny-10025) | 2 | 1 | 1,200 sqft | $696 | $835,000 (-1.2%) | Douglas Elliman Real Estate | Jul 21, 2026 | 47 days | | [1C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10025/480-central-park-c-1C-ny-10025) | 2 | 2 | 1,417 sqft | $1,164 | $1,649,000 (-5.5%) | Christies International Real Estate Group LLC | May 19, 2026 | 110 days | ## Estimated Monthly Payment **$5,182 / month**, assuming a 20% down payment ($167,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $4,222 - **Common Charges**: $960 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Manhattan Valley Overview of Manhattan Valley [Explore Manhattan Valley](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/manhattan-valley) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Manhattan Valley - [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 - [480 CENTRAL Park — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/480-central-park) - [Manhattan Valley neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/manhattan-valley) - [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.