$465,000
●
Co-op -
Off Market
407 PARK AVE S #9B
Manhattan, NY 10016
1 Bed
1 Bath
$590,331
RealtyHop Estimate
26.95%
Since Mar 1, 2021
NY-New York
Primary Model
About This Property
Fabulous corner 1 bedroom apartment with balcony at The Ascot on
Park Avenue South.
This lovely home has so much to offer with beautiful views, great light and a terrific layout. The well proportioned living room opens onto a charming balcony with open city views. Sunlight pours in all day through the large windows facing East, South and West. You'll love the views from the spacious windowed kitchen. The bathroom also has a window and has been renovated with lovely mosaic tile. Dine alfresco on your terrace overlooking Park Avenue South.
The Ascot is a full service building with a 24-hour concierge, Laundry room, Storage/Bike Room and Roof Deck. There are just six apartments per floor. The subway is right out your front door. This is a terrific location in the heart of one of New York City's most exciting neighborhoods. Just three blocks from Madison Square Park and steps from many popular restaurants, boutiques and movie theatres. This is a pet friendly building that allows 75% financing. The maintenance is 65% deductable.
This lovely home has so much to offer with beautiful views, great light and a terrific layout. The well proportioned living room opens onto a charming balcony with open city views. Sunlight pours in all day through the large windows facing East, South and West. You'll love the views from the spacious windowed kitchen. The bathroom also has a window and has been renovated with lovely mosaic tile. Dine alfresco on your terrace overlooking Park Avenue South.
The Ascot is a full service building with a 24-hour concierge, Laundry room, Storage/Bike Room and Roof Deck. There are just six apartments per floor. The subway is right out your front door. This is a terrific location in the heart of one of New York City's most exciting neighborhoods. Just three blocks from Madison Square Park and steps from many popular restaurants, boutiques and movie theatres. This is a pet friendly building that allows 75% financing. The maintenance is 65% deductable.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$1,538
Year Built
1984
Payment Calculator
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%
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Principal + Interest:
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Cap Rate Calculator
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Monthly Rental Income
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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 ( #RPLU-2191133021)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2016 | Sold to David F Crowley-buck | ||
| Sold to David F Crowley-buck | |||
| Jun 8, 2016 | Listed by CORE Group Marketing LLC | $715,000 | |
| Listed by CORE Group Marketing LLC | |||
| | |||
|
Rarely available, extra-large, one-bedroom with a private balcony
on Park Avenue South at The Ascot. Welcome to 9B the most desirable
one-bedroom line in the building. Situated on the southeast corner
of the building this home is flooded with natural light and has
open views in the eastern direction. Each room has a window
including the updated bathroom and renovated kitchen. The kitchen
is outfitted with granite countertops, stainless steel appliances
and has ample storage space. There is…
| |||
| Oct 13, 2010 | Sold to Gary Stein, Michael Stein | ||
| Sold to Gary Stein, Michael Stein | |||
| Jun 14, 2010 | Listed by Brown Harris Stevens Residential Sales LLC | $499,000 | |
| Listed by Brown Harris Stevens Residential Sales LLC | |||
Property Highlights
Doorman
Elevator
Garage
Interior Details
Rooms: 3
Exterior Details
Property Condition: Good
PropertySubType: Apartment
Building Name: ASCOT, THE
Financial Details
Flip Tax Remarks: none
Tax Deduction Percent: 65
Location Details
Association Fee: $1,538
Pets Allowed: Unit Yes, Building Yes
Other Details
Coexclusive: No
407 PARK AVE S #9B, Manhattan, NY, 10016
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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
Bath
-
$475,000
Apr 14, 2021
$475,000
Aug 26, 2021
$1,033/mo
Co-op
1
Bed
1
Bath
-
$495,000
Jun 10, 2019
$495,000
Sep 2, 2021
$903/mo
Co-op
1
Bed
1
Bath
650 ft²
$654/ft²
$425,000
Jun 2, 2014
$425,000
May 29, 2014
$1,341/mo
Co-op
1
Bed
1
Bath
500 ft²
$798/ft²
$399,000
Mar 19, 2021
$399,000
Aug 10, 2021
$891/mo
Active
Co-op
1
Bed
1
Bath
600 ft²
$832/ft²
$499,000
Aug 16, 2022
-
$1,252/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
