1197 Park Avenue

1197 Park Avenue in New York, NY was first built in 1929 and is 95 years old. There are a total of 15 floors. The linear feet across the front of the lot is 201 ft and the linear feet between the front and back of the lot is 255.

Learn more about the property and building on this page. The total value of the property was assessed at $52,524,450. Specifically, the land the property is located on was valued at $6,570,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.