The Ascot

The Ascot is a Co-op located 407 Park Avenue, in Midtown, New York. The building was first built in 1910 and is 114 years old. It was first renovated and altered in 1988. The lot that the building was built on is 25 feet wide and 90 feet long. The official lot area is listed as 2,250 square feet. The building itself is 25 feet wide and 70 feet long. In total, 407 Park Avenue has a total floor area of 4,300 square feet. About 4,300 square feet of the building are used for commercial purposes. There is one commercial unit. 407 Park Avenue has a total of 2 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 144 closings on record, of which we have matching data for 3 listings. In the past 3 years, a listing in this building will typically remain on the market for about 105 days and tend to sell above the original asking price of $715,000 by 2.55%. The transaction that took the longest to complete was unit 23C, listed on Feb 12, 2016 for $450,000. This particular unit ultimately sold 118 days later for $445,000. The most recent transaction was for unit 9E, sold for $855,000 on Nov 02, 2022. Fun fact, the oldest transaction we have on record took place on Oct 28, 1968. See the full transaction history for The Ascot below.

Midtown, where 407 Park Avenue is located, has a median asking price of $750,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $715,000. For interested buyers, that means the building's median asking price is around 0.05% 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.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.