Park Hill Tenants

Park Hill Tenants is a Co-op located 1199 Park Avenue, in Carnegie Hill, New York. The building was first built in 1961 and is 63 years old. It was first renovated and altered in 1983. But was most recently renovated and altered in 1987. The lot that the building was built on is 101 feet wide and 175 feet long. The official lot area is listed as 17,616 square feet. The building itself is 86 feet wide and 158 feet long. In total, 1199 Park Avenue has a total floor area of 210,988 square feet. Of that, 194,988 square feet are used for residential purposes. About 16,000 square feet of the building are used for commercial purposes. Additionally, the building has a 16,000 square feet garage. There are a total of 149 units. Of those, 148 are residential units. There is one commercial unit. 1199 Park Avenue has a total of 18 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 118 closings on record, of which we have matching data for 46 listings. In the past 3 years, a listing in this building will typically remain on the market for about 185 days and tend to sell below the original asking price of $899,000 by 8.80%. Meaning, listings tend to sell at a median of $966 price per square foot. The transaction that took the longest to complete was unit 6C, listed on Feb 18, 2020 for $625,000. This particular unit ultimately sold 342 days later for $635,000. The most recent transaction was for unit 2K, sold for $0 on Dec 29, 2023. Fun fact, the oldest transaction we have on record took place on Apr 20, 1967. See the full transaction history for Park Hill Tenants below.

Carnegie Hill, where 1199 Park Avenue is located, has a median asking price of $941,250 for co-op buildings. Meanwhile, the building itself has a median asking price of $899,000. For interested buyers, that means the building's median asking price is around 0.04% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

There are currently 4 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $745,000. It is a 950 sqft 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $509,000. It is a studio and 1 bathroom unit. A breakdown of active listings shows 1 studio, 3 one-bedroom, units for sale! The median price of all the active units for sale in the building is $637,000. Collectively, the median square footage of these active units for sale is 450 sqft. Active units for sale at 1199 Park Avenue have a median count of 1 bedrooms and have a median count of 1 bathroom.