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$8,085,000
List Price: $8,250,000
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580 Park Avenue #7A
Coop in Lenox Hill •  building info
2bd • 3.5ba
Buy with Yoreevo

$8,085,000

List Price

$8,250,000

Key Details
Days on market
4
Last price change
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Estimated payment
$47,974/mo
Taxes
Included in maintenance fees
Maintenance
$8,404/mo
Description
Grand Park Avenue A-Line Reimagined as a Presidential Suite Residence Residence 7A at 580 Park Avenue is a rare and beautifully reimagined A-line residence in one of Park Avenue's most distinguished prewar cooperatives. Originally designed as a larger multi-bedroom home, the residence has been fully renovated by its current owners into an extraordinary two-bedroom residence with the scale, elegance, and atmosphere of a presidential luxury hotel suite. For those seeking additional bedrooms, the home can be easily reconfigured back into a three-bedroom residence as well as additional staff room. Situated on a semi-private landing within a coveted James E.R. Carpenter-designed cooperative, this grand home offers south, east, and west exposures overlooking Park Avenue and East 63rd Street. The renovation was conceived with remarkable attention to proportion, finish, and flow, preserving the grace of a classic prewar apartment while introducing a highly refined level of modern luxury. A dramatic oval gallery sets the tone upon entry, finished with marble floors, custom paneling, raised ceilings, crown moldings, and a custom light fixture. This central gallery creates a gracious sense of arrival and beautifully connects the principal entertaining spaces. The expansive living room is exceptionally wide and designed for elegant entertaining, with multiple seating areas, custom millwork, refined moldings, and a wood-burning fireplace with an ornate marble surround. Adjacent to the living room, the library offers an intimate secondary living space, ideal as a private study, media room, or future bedroom. The formal dining room is one of the home's most striking spaces, generously scaled and finished with a custom wall covering by Mural Source. With its wide proportions, built-in display cabinetry, and elevated detailing, the room is designed for both intimate dinners and larger-scale entertaining. The private primary suite is quietly positioned away from the entertaining rooms and offers a serene retreat with generous proportions, a large walk-in closet, and two beautifully renovated en-suite bathrooms. A separate bedroom or dressing room provides additional flexibility and can function beautifully as an oversized dressing room, private lounge, guest suite, or future bedroom. A powder room is conveniently positioned for guests. The windowed eat-in kitchen is substantial in scale and thoughtfully designed for daily living and entertaining, with extensive cabinetry, high-end appliances, a large center island, pantry, and direct access to both the dining room and service entry. A staff room with a full bathroom, in-unit washer/dryer, and excellent storage complete the residence. Every element of the home reflects a highly customized renovation, including custom paneling, marble floors, raised ceilings, crown moldings, designer wall coverings, bespoke lighting, and carefully considered millwork throughout. The result is a singular Park Avenue residence that combines the grandeur of a classic prewar apartment with the polish and comfort of a world-class hotel suite, while retaining the flexibility to accommodate a more traditional three-bedroom layout. 580 Park Avenue is a boutique white-glove cooperative designed by renowned architect James E.R. Carpenter. The building spans the full blockfront between East 63rd and East 64th Streets and is distinguished by its four-story limestone base, elegant lobby with marble floors and coffered ceilings, full-time doormen, elevator operators, service staff, live-in superintendent, and basement storage. A 3% Flip Tax applies.

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Important Stuff
Elevator
Washer/Dryer in unit
Full Time Doorman
Unit features
Central Air
Dishwasher
Hardwood floors
Storage Available
Fireplace

Wood

View

City

Building amenities
Services and facilities
Fios Available
Laundry in Building
Live In Super
Building info

History
What it'll cost
Purchase price
$8,250,000
Asking Price: $8,250,000
Term
30 Years
Down Payment
$1,650,000 (20%)
Min: 20% (1,650,000)
Rate
6.0 %
Mortgage Amount
$6,600,000
Mortgage Payment
$39,570
Maintenance
$8,404
Estimated Yoreevo rebate
$165,000
Estimated closing cost
$193,000
Total monthly cost $47,974
Buy your dream home with us and get an estimated $165,000 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Corcoran Group

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