Ascot

Ascot is a Co-op located 407 Park Avenue South, in NoMad, New York. The building was first built in 1984 and is 40 years old. The lot that the building was built on is 92 feet wide and 103 feet long. The official lot area is listed as 9,535 square feet. The building itself is 89 feet wide and 101 feet long. In total, 407 Park Avenue South has a total floor area of 114,407 square feet. Of that, 110,533 square feet are used for residential purposes. About 3,874 square feet of the building are used for commercial purposes. Additionally, the building has a 2,200 square feet garage. There are a total of 151 units. Of those, 148 are residential units. There are three commercial units. 407 Park Avenue South has a total of 27 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 135 closings on record, of which we have matching data for 45 listings. In the past 3 years, a listing in this building will typically remain on the market for about 139 days and tend to sell below the original asking price of $745,500 by 5.95%. Meaning, listings tend to sell at a median of $1,100 price per square foot. The transaction that took the longest to complete was unit 16E, listed on Nov 30, 2016 for $765,000. This particular unit ultimately sold 299 days later for $740,000. The most recent transaction was for unit 9D, which was first advertised on Apr 17, 2023, sold for $850,000 on Oct 13, 2023. Fun fact, the oldest transaction we have on record took place on Dec 20, 1973. See the full transaction history for Ascot below.

NoMad, where 407 Park Avenue South is located, has a median asking price of $750,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $745,500. For interested buyers, that means the building's median asking price is around 0.01% 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 2 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 $1,375,000. It is a 1,000 sqft 2 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $799,000. It is a 1 bedroom and 1 bathroom unit. A breakdown of active listings shows 1 one-bedroom, 1 two-bedroom, units for sale! The median price of all the active units for sale in the building is $1,087,000. Collectively, the median square footage of these active units for sale is 500 sqft. Active units for sale at 407 Park Avenue South are mostly 1.5-bedroom apartments Active units for sale at 407 Park Avenue South have a median count of 1.5 bedrooms and have a median count of 1.5 bathrooms.