$740,000
●
Co-op -
Off Market
407 Park Avenue S #16E
Manhattan, NY 10016
1 Bed
1 Bath
$1,151,729
RealtyHop Estimate
50.55%
Since Oct 1, 2017
NY-New York
Primary Model
About This Property
This 1 bedroom with balcony at The Ascot is on a high floor and
features a western exposure,great closet space,new appliances in
the kitchen and a marble bathroom. The terrace
overlooks Park Avenue South. The apartment has new noise-reduction
windows throughout, recently updated A/C units & a separate dining
area. The Ascot is a full service building with a 24-hour
concierge, Live-in Super, Laundry room, free Storage/Bike Room and
a soon to be newly renovated Roof Deck with 360 degree views.There
are just six apartments per floor. .The subway is right out your
front door. The Ascot is just three blocks from Madison Square Park
and close to fine dining.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$1,968
Year Built
1984
Payment Calculator
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Cap Rate Calculator
Purchase Price
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (RLS #PDES-2579388)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2017 | Sold to Kofi Wang Trustee, The Malo... | ||
| Sold to Kofi Wang Trustee, The Malo... | |||
| Nov 30, 2016 | Listed by Corcoran Group | $765,000 | |
| Listed by Corcoran Group | |||
| Jul 9, 2015 | Listed by Ian K Katz Group | $635,000 | |
| Listed by Ian K Katz Group | |||
| | |||
|
With views up and down Park Avenue South, this sunlit, high-floor
one bedroom offers a fantastic opportunity to buy into Manhattan's
flourishing NoMad district.
The well-proportioned 16th floor home features a private
west-facing balcony, generous living space, a dedicated dining
area, a bright windowed kitchen with stainless steel appliances, a
windowed bath, and a spacious master bedroom. The property has
beautiful hardwood floors running throughout, as well as new
through-wall A/C and…
| |||
| Jun 29, 2009 | Sold to Jose E Tabora-sierra | ||
| Sold to Jose E Tabora-sierra | |||
Property Highlights
Doorman
Elevator
Garage
Interior Details
Bedrooms: 1
Appliances: Dryer, Washer
Laundry Features: Common Area
Rooms: 3
Exterior Details
Year Built: 1984
Building Name: ASCOT
Pets Allowed: Building Yes, No
Tax Block: 884
Location Details
Subdivision Name: NOMAD
Stories Total: 26
Association Fee: $1,968
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Co-op
1
Bed
1.5
Baths
1,000 ft²
$750/ft²
$750,000
Jan 14, 2009
$750,000
Aug 15, 2009
$1,422/mo
Co-op
1
Bed
1.5
Baths
1,000 ft²
$870/ft²
$870,000
May 5, 2011
$870,000
Jan 19, 2012
$1,692/mo
Co-op
1
Bed
1
Bath
725 ft²
$1,055/ft²
$765,000
Jul 6, 2016
$765,000
Oct 3, 2016
$1,929/mo
Co-op
1
Bed
1
Bath
-
$775,000
Jun 22, 2021
$775,000
Oct 13, 2021
$2,085/mo
Co-op
1
Bed
1
Bath
-
$735,000
Apr 11, 2019
$735,000
Aug 14, 2019
$1,854/mo
Co-op
1
Bed
1
Bath
-
$799,000
Sep 23, 2021
$799,000
May 17, 2022
$2,230/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
12/06/2023
|
1 Bed
|
1 Bath
|
-
|
$865,000
1 Bed
1 Bath
|
$865,000
04/03/2024
|
-
|
Callan Bergmann
The Corcoran Group
| |
|
09/11/2023
|
Studio
|
1 Bath
|
-
|
$490,000
Studio
1 Bath
|
$495,000
+1.02%
03/21/2024
|
-
|
Karen Doan
Compass
| |
|
08/14/2023
|
2 Bed
|
2 Bath
|
1000 ft²
|
$1,485,000
2 Bed
2 Bath
1000 ft²
|
$1,375,000
-7.41%
06/11/2024
|
-
|
Frances Langbecker
Elliman
| |
|
08/11/2023
|
Studio
|
1 Bath
|
-
|
$550,000
Studio
1 Bath
|
$485,000
-11.82%
03/19/2024
|
-
|
Sungmee Kim
Brown Harris Stevens Residential Sales LLC
| |
|
05/18/2023
|
1 Bed
|
1 Bath
|
-
|
$775,000
1 Bed
1 Bath
|
$770,000
-0.65%
08/21/2023
|
-
|
Jessica Levine Team
Elliman
| |
|
04/17/2023
|
1 Bed
|
1 Bath
|
-
|
$899,000
1 Bed
1 Bath
|
$850,000
-5.45%
10/17/2023
|
-
|
Philip McCarthy
Sotheby's International Realty, Inc.
| |
|
04/12/2022
|
2 Bed
|
2 Bath
|
1000 ft²
|
$1,575,000
2 Bed
2 Bath
1000 ft²
|
$1,540,000
-2.22%
09/01/2022
|
-
|
Ramez Baddour
Baddour Group
| |
|
03/25/2022
|
1 Bed
|
1 Bath
|
-
|
$899,999
1 Bed
1 Bath
|
$855,000
-5.00%
11/03/2022
|
-
|
Afsaneh Hay Gabbay
Compass
| |
|
03/23/2022
|
2 Bed
|
2 Bath
|
-
|
$1,550,000
2 Bed
2 Bath
|
$1,550,000
06/20/2022
|
-
|
Erick Berg
Corcoran Group
| |
|
03/23/2022
|
1 Bed
|
1 Bath
|
725 ft²
|
$850,000
1 Bed
1 Bath
725 ft²
|
$845,000
-0.59%
06/23/2022
|
-
|
Jsun Laliberte
Prudential Douglas Elliman Real Estate
| |
|
01/19/2022
|
1 Bed
|
1 Bath
|
750 ft²
|
$825,000
1 Bed
1 Bath
750 ft²
|
$805,000
-2.42%
05/18/2022
|
-
|
Ramez Baddour
Baddour Group
| |
|
09/23/2021
|
1 Bed
|
1 Bath
|
-
|
$810,000
1 Bed
1 Bath
|
$799,000
-1.36%
05/17/2022
|
-
|
Ramez Baddour
Baddour Group
| |
|
06/22/2021
|
1 Bed
|
1 Bath
|
-
|
$795,000
1 Bed
1 Bath
|
$775,000
-2.52%
10/13/2021
|
-
|
Robert J Rosa
Corcoran Group
| |
|
03/05/2020
|
Studio
|
1 Bath
|
-
|
$449,000
Studio
1 Bath
|
$436,000
-2.90%
08/05/2020
|
-
|
Rory Clark
Halstead Property, LLC
| |
|
02/14/2020
|
1 Bed
|
1 Bath
|
725 ft²
|
$899,000
1 Bed
1 Bath
725 ft²
|
$810,000
-9.90%
01/14/2022
|
-
|
Nicolas Anable
Elegran LLC
| |
|
06/09/2019
|
1 Bed
|
1 Bath
|
-
|
$739,000
1 Bed
1 Bath
|
$717,000
-2.98%
11/26/2019
|
-
|
Jared Holman
{Spaces} Realty Group LLC
| |
|
04/11/2019
|
1 Bed
|
1 Bath
|
-
|
$760,000
1 Bed
1 Bath
|
$735,000
-3.29%
08/14/2019
|
-
|
Meyer Danforth
Sothebys International Realty
| |
|
01/11/2019
|
Studio
|
1 Bath
|
-
|
$499,999
Studio
1 Bath
|
$475,000
-5.00%
07/25/2019
|
-
|
David Wolff
Compass
| |
|
01/03/2018
|
1 Bed
|
1 Bath
|
-
|
$845,000
1 Bed
1 Bath
|
$815,000
-3.55%
06/14/2018
|
-
|
Georgia Kaporis
Prudential Douglas Elliman Real Estate
| |
|
06/16/2017
|
Studio
|
1 Bath
|
-
|
$440,000
Studio
1 Bath
|
-
-
|
-
|
Brooke Keys
Douglas Elliman Real Estate
| |
|
02/14/2017
|
3 Bed
|
2 Bath
|
1700 ft²
|
$2,100,000
3 Bed
2 Bath
1700 ft²
|
-
-
|
-
|
Jeffrey A. Silverstein
Prudential Douglas Elliman Real Estate
| |
|
11/30/2016
|
1 Bed
|
1 Bath
|
-
|
$765,000
1 Bed
1 Bath
|
$740,000
-3.27%
09/26/2017
|
-
|
Robert J Rosa
Corcoran Group
| |
|
11/14/2016
|
1 Bed
|
1 Bath
|
-
|
$875,000
1 Bed
1 Bath
|
$850,000
-2.86%
05/02/2017
|
-
|
Robert J Rosa
Corcoran Group
| |
|
10/26/2016
|
1 Bed
|
1 Bath
|
-
|
$726,000
1 Bed
1 Bath
|
$726,000
05/31/2017
|
-
|
Rory Clark
Halstead Property, LLC
| |
|
08/30/2016
|
1 Bed
|
1 Bath
|
-
|
$715,000
1 Bed
1 Bath
|
$690,000
-3.50%
02/05/2021
|
-
|
Nicole Flowers
Brown Harris Stevens Residential Sales LLC
| |
|
07/06/2016
|
1 Bed
|
1 Bath
|
725 ft²
|
$780,000
1 Bed
1 Bath
725 ft²
|
$765,000
-1.92%
10/03/2016
|
-
|
Robert J Rosa
Corcoran Group
| |
|
06/27/2016
|
2 Bed
|
2 Bath
|
1050 ft²
|
$1,700,000
2 Bed
2 Bath
1050 ft²
|
$1,636,000
-3.76%
10/17/2016
|
-
|
Robert J Rosa
Corcoran Group
| |
|
06/08/2016
|
1 Bed
|
1 Bath
|
-
|
$715,000
1 Bed
1 Bath
|
$715,000
02/05/2021
|
-
|
Adrianne Kriegstein
Compass
| |
|
05/11/2016
|
1 Bed
|
1 Bath
|
-
|
$725,000
1 Bed
1 Bath
|
$745,500
+2.83%
02/05/2021
|
-
|
Rory Clark
Brown Harris Stevens Residential Sales LLC
| |
|
04/27/2016
|
Studio
|
1 Bath
|
-
|
$499,000
Studio
1 Bath
|
$499,000
10/12/2016
|
-
|
Robert J Rosa
Corcoran Group
| |
|
03/02/2016
|
1 Bed
|
1 Bath
|
750 ft²
|
$726,000
1 Bed
1 Bath
750 ft²
|
$726,000
02/05/2021
|
-
|
Lucie Holt
Compass
| |
|
02/12/2016
|
Studio
|
1 Bath
|
-
|
$450,000
Studio
1 Bath
|
-
-
|
-
|
William Rodgers
Sothebys International Realty
| |
|
02/01/2016
|
1 Bed
|
1 Bath
|
750 ft²
|
$675,000
1 Bed
1 Bath
750 ft²
|
$711,000
+5.33%
05/23/2016
|
-
|
Erick Berg
Corcoran Group
| |
|
07/20/2015
|
2 Bed
|
2 Bath
|
-
|
$1,400,000
2 Bed
2 Bath
|
$1,400,000
02/05/2021
|
-
|
Adrianne Kriegstein
Compass
| |
|
07/09/2015
|
1 Bed
|
1 Bath
|
-
|
$635,000
1 Bed
1 Bath
|
-
-
|
-
|
Ian Katz
The Corcoran Group
| |
|
08/08/2014
|
1 Bed
|
1 Bath
|
750 ft²
|
$659,000
1 Bed
1 Bath
750 ft²
|
$700,000
+6.22%
03/03/2015
|
-
|
Elyse Dubin
Prudential Douglas Elliman Real Estate
| |
|
05/06/2014
|
1 Bed
|
1 Bath
|
-
|
$620,000
1 Bed
1 Bath
|
$615,000
-0.81%
11/24/2014
|
-
|
Robert J Rosa
Corcoran Group
| |
|
04/15/2014
|
1 Bed
|
1 Bath
|
-
|
$625,000
1 Bed
1 Bath
|
$630,000
+0.80%
02/05/2021
|
-
|
Sofia Dmitriyeva
R New York
| |
|
12/02/2013
|
1 Bed
|
1 Bath
|
700 ft²
|
$625,000
1 Bed
1 Bath
700 ft²
|
$610,000
-2.40%
03/18/2014
|
-
|
Robert J Rosa
Corcoran Group
| |
|
09/23/2013
|
Studio
|
1 Bath
|
-
|
$440,000
Studio
1 Bath
|
$412,000
-6.36%
04/23/2014
|
-
|
Robert J Rosa
Corcoran Group
| |
|
07/16/2013
|
1 Bed
|
1 Bath
|
-
|
$565,000
1 Bed
1 Bath
|
$565,000
12/17/2013
|
-
|
Robert J Rosa
Corcoran Group
| |
|
06/21/2013
|
1 Bed
|
1 Bath
|
-
|
$540,000
1 Bed
1 Bath
|
$540,000
10/18/2018
|
-
|
Adrian S. Noriega
Elliman
| |
|
05/23/2013
|
Studio
|
1 Bath
|
-
|
$375,000
Studio
1 Bath
|
$375,000
02/05/2021
|
-
|
Joshua B Rubin
Prudential Douglas Elliman Real Estate
| |
|
04/12/2013
|
Studio
|
1 Bath
|
-
|
$410,000
Studio
1 Bath
|
$407,000
-0.73%
08/06/2014
|
-
|
Robert J Rosa
Corcoran Group
| |
|
03/18/2013
|
1 Bed
|
1 Bath
|
725 ft²
|
$550,000
1 Bed
1 Bath
725 ft²
|
$536,000
-2.55%
09/30/2013
|
-
|
Robert J Rosa
Corcoran Group
| |
|
10/23/2012
|
1 Bed
|
1 Bath
|
675 ft²
|
$545,000
1 Bed
1 Bath
675 ft²
|
-
-
|
-
|
Robert J Rosa
Prudential Douglas Elliman Real Estate
| |
|
10/14/2012
|
2 Bed
|
2 Bath
|
1050 ft²
|
$995,000
2 Bed
2 Bath
1050 ft²
|
$995,000
02/05/2021
|
-
|
Robert J Rosa
Prudential Douglas Elliman Real Estate
| |
|
09/25/2012
|
1 Bed
|
1 Bath
|
-
|
$475,000
1 Bed
1 Bath
|
$475,000
02/05/2021
|
-
|
Robert J Rosa
Prudential Douglas Elliman Real Estate
| |
|
06/14/2010
|
1 Bed
|
1 Bath
|
-
|
$499,000
1 Bed
1 Bath
|
$465,000
-6.81%
02/05/2021
|
-
|
Leasing Office, Chelsea Park 260 West 26th Street
Sotheby's International Realty, Inc.
| |
|
04/23/2009
|
1 Bed
|
1 Bath
|
-
|
$455,000
1 Bed
1 Bath
|
$422,500
-7.14%
02/05/2021
|
-
|
Edward Johnston
Brown Harris Stevens Residential Sales LLC
| |
|
02/20/2008
|
Studio
|
1 Bath
|
-
|
$340,000
Studio
1 Bath
|
$340,000
02/05/2021
|
-
|
Elaine Clayman
Brown Harris Stevens Residential Sales LLC
| |
|
06/04/2007
|
1 Bed
|
1 Bath
|
-
|
$425,000
1 Bed
1 Bath
|
$435,555
+2.48%
02/05/2021
|
-
|
Sofia Dmitriyeva
R New York
| |
|
05/09/2005
|
1 Bed
|
1 Bath
|
725 ft²
|
$429,000
1 Bed
1 Bath
725 ft²
|
$437,600
+2.00%
09/21/2005
|
-
|
Laura Denise Milkowski
Corcoran Group
|
Building Info
About Midtown Manhattan
Similar Homes for Sale
Nearby Rentals
Listed by: Robert J. Rosa
Listing Courtesy of Corcoran Group
Last Updated: 2 years ago
Last Checked: 15 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
The information is being provided by REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 REBNY Listing Service, Inc. All rights reserved. RLS Data display by RH Advisors.
Listing Courtesy of Corcoran Group
Last Updated: 2 years ago
Last Checked: 15 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
