Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $465,000

· Closed January 28, 2015

407 PARK Avenue S #9B
Closed For Sale Co-op

$465,000

407 PARK Avenue S #9B

Gramercy Park, Manhattan

ASCOT, THE

MLS® #RLS10040551

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 $1,538/mo
Neighborhood Gramercy Park

Property Highlights

  • Location: Gramercy Park, Manhattan
  • Property Type: Co-op
  • Built: 1984

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths null Full
Pets Yes
Year Built 1984
Parcel # 0884-0001-00407-000-000009B

Listing History

Event Date Price Change
Listed Jan 28, 2015 $499,000 -
Currently Apr 27, 2026 $465,000 -6.8%

Description

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.

Building Information

Financial Details

Maintenance $1,538/mo
Original Price $499,000

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

177

Median Asking Price

$1.45M

Median $/Sqft

$1,767

Avg Days on Market

N/A

New This Week

13

Price Reduced

25%

Sold (30 Days)

14

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 4/27/26, 12:36 PM EST

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Location

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407 PARK Avenue S #9B, 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 $1,538 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: RLS10040551
First Listed: 1/28/2015
Closed: 1/28/2015
Contract Date: 6/14/2010

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - The Morrel Group

Listing Contact: (212) 906-9234

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 4/27/2026 at 4:36 PM UTC

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