Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $690,000

· Closed February 14, 2017

407 PARK Avenue S #20B
Closed For Sale Co-op

$690,000

407 PARK Avenue S #20B

Gramercy Park, Manhattan

ASCOT, THE

MLS® #RLS10094928

RLS at REBNY

Listing by 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 $1,778/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
Year Built 1984
Parcel # 0884-0001-00407-000-000020B

Listing History

Event Date Price Change
Listed Aug 31, 2016 $715,000 -
Price Reduced Oct 20, 2016 $699,000 -2.2%
Currently Apr 26, 2026 $690,000 -1.3%

Description

407 Park Avenue South Apartment 20B is a large 1-bed, 1-bath corner apartment. Facing south & east this home is flooded with light all day. From the moment you enter you'll be drawn to the open views available in every room. The living space measures 11'8' x 22'5" and can easily accommodate both living and dining. Through double doors off the living room you'll find the planted south-facing balcony-- the perfect place to enjoy a glass of wine or early morning cup of coffee. The windowed kitchen has updated stainless steel appliances and a generous layout for those who enjoy cooking; the bedroom features two large windows and has exceptional closet space. Two additional closets, a windowed bath and a separate storage space in the basement complete this home. Bring your design eye to this rare opportunity located on the 20th floor of the luxury co-operative, The Ascot. 407 Park Avenue South is a post-war full service cooperative in the perfect NoMad/Flatiron location. Featuring 24-hour doorman, laundry room, newly renovated fitness center, bike storage, live-in superintendent and a furnished rooftop with magnificent NYC views. This home is convenient to transportation, Madison Square Park and all that New York City has to offer. Co-purchasing, gifting and pets are allowed. Pied-a-terres are case-by-case.

Building Information

Financial Details

Maintenance $1,778/mo
Original Price $715,000
Previous Price $699,000

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, 3:31 PM EST

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Location

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407 PARK Avenue S #20B, Gramercy Park, New York County

Floor Plans

Floor Plan

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 $1,778 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.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

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: RLS10094928
First Listed: 8/31/2016
Price Changed: 10/20/2016
Closed: 2/14/2017
Contract Date: 8/30/2016

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Nicole Flowers

Listing Contact: (212) 452-6206

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 7:31 PM UTC

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