Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
407 PARK Avenue S #17B
Closed For Sale Co-op

$726,000

407 PARK Avenue S #17B

Gramercy Park, Manhattan

ASCOT, THE

MLS® #RLS10011868

RLS at REBNY

Listing by Halstead dba Brown Harris Stevens Residential Sales LLC

1

Bedroom

1

Bath

N/A

Sq. Ft.

1984

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1984
Ownership Co-op
Maintenance $1,801/mo
Neighborhood Gramercy Park

Property Highlights

  • Exposure: East,South facing

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths null Full
Exposure East,South
Pets Yes
Cross Street E. 28th St/E. 29th St
Year Built 1984
Parcel # 0884-0001-00407-000-000017B

Listing History

Event Date Price Change
Listed Oct 26, 2016 $1 -
Price Reduced Jun 2, 2017 $715,000 +71499900.0%
Currently Apr 26, 2026 $726,000 +1.5%

Description

High floor corner one bedroom 'B' line on Park Ave South in NoMad, offered for sale by the shareholders of the coop with a streamlined review and purchase process by the Coop Board. The windowed kitchen facing East with open views screams good morning sunshine and continued sun from the South all day from the corner bedroom and your private south-facing balcony. The 23 foot long living room comfortably welcomes separate living and dining areas, while the windowed sizable kitchen provides plenty of space for eat-in area and cooking. Windowed bathroom, refurbished floors and ample closet space means it's ready for you to move in. The full-service Ascot is luxury living in prime NoMad location. Elegant lobby, large roof deck with panoramic city views, brand new fitness center, separate storage, bike room and privacy with only 5 other apartments on your floor. World class Park Avenue South location is at the heart of it all with Gramercy, Flatiron, Union Square and Chelsea at your disposal with acclaimed restaurants, Dover Street market and great shopping, Madison Square Park and the 6 train outside the front entrance. Well-managed building with live-in-super and maintenance 65% tax deductible. Pet-friendly (35 lbs limit). Pied-a-terres, co-purchasing and gifting allowed on a case-by-case basis.

Building Information

Financial Details

Maintenance $1,801/mo
Original Price $1
Sale Price $726,000
Previous Price $715,000

Gramercy Park is one of New York City’s most storied and architecturally distinctive neighborhoods, centered around the only private park in Manhattan. The area exudes old-world charm with its gas-lit streets and impeccably preserved 19th-century architecture. While the park itself is private, the surrounding real estate offers a mix of historic brownstones, elegant pre-war cooperatives, and boutique new developments that cater to those seeking a low-traffic urban retreat.

Gramercy Park Live Market Data

View Neighborhood

Active Listings

176

Median Asking Price

$1.45M

Median $/Sqft

$1,767

Avg Days on Market

N/A

New This Week

12

Price Reduced

26%

Sold (30 Days)

14

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 4/26/26, 2:09 PM EST

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Location

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407 PARK Avenue S #17B, Gramercy Park, New York County • Near E. 28th St/E. 29th St

Building Information

Official NYC property records for this building

C5-3
Zoning District

Tax & Assessment

Assessed Value: $8,363,700
Land Value: $8,363,700
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 10,975 SF
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,801 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1984, making it approximately 42 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pet policy requires confirmation with the listing broker.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10011868
First Listed: 10/26/2016
Price Changed: 6/2/2017
Closed: 5/31/2017
Contract Date: 10/26/2016

Listing Courtesy of Halstead dba Brown Harris Stevens Residential Sales LLC - Rory Clark

Listing Contact: (212) 381-4225

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/26/2026 at 6:09 PM UTC

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