The Park Royal

The Park Royal is a Co-op located 23 West 73rd Street, in Upper West Side, New York. The building was first built in 1926 and is 98 years old. It was first renovated and altered in 1987. The lot that the building was built on is 216 feet wide and 102 feet long. The official lot area is listed as 22,068 square feet. The building itself is 216 feet wide and 102 feet long. In total, 23 West 73rd Street has a total floor area of 294,289 square feet. Of that, 275,825 square feet are used for residential purposes. About 18,464 square feet of the building are used for commercial purposes. There are a total of 237 units. Of those, 232 are residential units. There are five commercial units. 23 West 73rd Street has a total of 15 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. For those who love to work out, there is a fitness center. 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 222 closings on record, of which we have matching data for 75 listings. In the past 3 years, a listing in this building will typically remain on the market for about 152 days and tend to sell below the original asking price of $968,500 by 4.52%. Meaning, listings tend to sell at a median of $1,240 price per square foot. The transaction that took the longest to complete was unit 1510, listed on Sep 19, 2020 for $525,000. This particular unit ultimately sold 366 days later for $480,000. The most recent transaction was for unit 1501, which was first advertised on May 03, 2023, sold for $5,100,000 on Jan 19, 2024. Fun fact, the oldest transaction we have on record took place on Oct 13, 1971. See the full transaction history for The Park Royal below.

Upper West Side, where 23 West 73rd Street is located, has a median asking price of $940,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $968,500. For interested buyers, that means the building's median asking price is around 0.03% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

There are currently 7 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 $3,995,000. It is a 3 bedroom and 3 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $585,000. It is a studio and 1 bathroom unit. A breakdown of active listings shows 1 studio, 2 one-bedroom, 3 two-bedroom, 1 three-bedroom, units for sale! The median price of all the active units for sale in the building is $1,295,000. Active units for sale at 23 West 73rd Street are mostly 2-bedroom apartments Active units for sale at 23 West 73rd Street have a median count of 2 bedrooms and have a median count of 1 bathroom.