Park Chateau

Park Chateau is a Co-op located 123-40 83rd Avenue, in Kew Gardens, Kew Gardens. The building was first built in 1960 and is 64 years old. The lot that the building was built on is 175 feet wide and 107 feet long. The official lot area is listed as 18,725 square feet. The building itself is 175 feet wide and 78 feet long. In total, 123-40 83rd Avenue has a total floor area of 115,000 square feet. Of that, 115,000 square feet are used for residential purposes. There are a total of 132 units. Of those, 132 are residential units. 123-40 83rd Avenue has a total of 11 floors.

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! If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 114 closings on record, of which we have matching data for 40 listings. In the past 3 years, a listing in this building will typically remain on the market for about 168 days and tend to sell below the original asking price of $249,000 by 7.34%. Meaning, listings tend to sell at a median of $332 price per square foot. The transaction that took the longest to complete was unit 3D, listed on Jul 25, 2022 for $349,990. This particular unit ultimately sold 338 days later for $312,000. The most recent transaction was for unit 4E, which was first advertised on Apr 11, 2023, sold for $400,000 on Nov 16, 2023. Fun fact, the oldest transaction we have on record took place on Jan 02, 1979. See the full transaction history for Park Chateau below.

Kew Gardens, where 123-40 83rd Avenue is located, has a median asking price of $324,894 for co-op buildings. Meanwhile, the building itself has a median asking price of $249,000. For interested buyers, that means the building's median asking price is around 0.23% 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 3 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 $265,000. It is a 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $210,000. It is a 1 bedroom and 1 bathroom unit. A breakdown of active listings shows 3 one-bedroom, units for sale! The median price of all the active units for sale in the building is $258,000. Active units for sale at 123-40 83rd Avenue have a median count of 1 bedrooms and have a median count of 1 bathroom.