425 Park Avenue South, Unit 15A

$930,000
Price
1
Beds
1
Bath
800 Sq. Ft.
$1,163 / Sq. Ft.
800
Sq. Ft.
$1,163
per Sq. Ft.

Description

Situated on the best corner of the building. One steps into a sun-drenched sanctuary, where this one-bedroom, one-bathroom lofts awaits. With 11-foot ceilings and expansive deep set wall-to-wall windows, natural light floods the space from both East and South, creating an atmosphere of openness and grandeur. Nestled within the historic prewar co-op at425 Park Ave South, this residence resides in the bustling NoMad neighborhood. Perched on a corner apex of the15th floor, offering sweeping vistas of...Situated on the best corner of the building. One steps into a sun-drenched sanctuary, where this one-bedroom, one-bathroom lofts awaits. With 11-foot ceilings and expansive deep set wall-to-wall windows, natural light floods the space from both East and South, creating an atmosphere of openness and grandeur. Nestled within the historic prewar co-op at425 Park Ave South, this residence resides in the bustling NoMad neighborhood. Perched on a corner apex of the15th floor, offering sweeping vistas of Park Avenue South and the iconic Chrysler Building. This gorgeous home is a haven. The kitchen is a great size with a perfect layout that welcomes your upgrades. Ample cabinetry, complete with a well-proportioned bathroom that adjoins the king-sized primary bedroom, featuring a generous walk-in closet. Entertaining is effortless in the open dining area and living space, which graciously accommodates oversized furniture, suitable to hosting elegant gatherings. Just steps away from an array of excellent restaurants and shops, and in close proximity to both Madison Square Park and Gramercy Park, this location offers the best of city living. The building, converted to a co-op in 1980, boasts loft-like apartments with lofty 11-foot ceilings. Part-time doorman, a live-in superintendent, private complimentary laundry and storage on each floor, and a magnificent roof deck offering breathtaking views. Immerse yourself in the vibrant energy of Downtown New York City, all while enjoying a tranquil retreat high above the city streets of Flat iron and Nomad. This residence epitomizes sophisticated loft living at its finest. Please note, there is a current assessment in effect for Local Law 11, amounting to $221.99 monthlyuntil December 31, 2025. Additionally, a flip tax of $6 per share is paid by the seller. Pied a terre Welcome.

Property Details for 425 Park Avenue South, Unit 15A

Zoning
C6-4A
View
City

Location

Listing Courtesy of Douglas Elliman Real Estate
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LISTING UPDATED: 04/19/2024 10:21 AM

Property Details for 425 Park Avenue South, Unit 15A

StatusActive
MLS IDRPLU-5122974800
Days on Market13
Taxes-
Maintenance$2,448 / month
Min. Down Pymt20%
Total Rooms3.0
Compass TypeCo-op
MLS TypeCo-op
Year Built1927
CountyNew York County

Building

425 Park Ave S

74 Units20 StoriesBuilt in 1927

Location

Listing Courtesy of Douglas Elliman Real Estate
Add your commute

Building Information for 425 Park Avenue South, Unit 15A

Building/Complex425 Park Ave SFloor15Stories20Residences74Pet PolicyAllowedYear Built1927Building AgePre-warBuilding TypeHighrise

Payment Calculator

$7,523 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,075

Property Taxes

$0

Maintenance/Common Charges

$2,448

The Payment Calculator is for illustrative purposes only.

Property Information for 425 Park Avenue South, Unit 15A

Summary
Location and General Information
  • Subdivision Name: NOMAD
  • Stories Total: 20
  • Garage Spaces: 0.0
  • View: Yes
Taxes and HOA
  • Tax Lot: 0001
  • Tax Deduction Percent: 75.00%
  • Tax Block: 00885
  • Flip Tax Type: Dollars
  • Association Fee Frequency: Monthly
  • Flip Tax: $4,620
  • Building Tax Lot: 0001
  • Tax Monthly Amount: 0.0
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 800.0
  • Living Area Units: SquareFeet
  • Building Name: PARK SOUTH TOWER
Building Information
  • Building Features: Storage
  • Landmark Status YN: false
  • Building Smoke Free YN: true
  • Building Exterior Features: BuildingRoofDeck
  • Building Laundry Features: OnCommonFloor
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: true
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: StockCooperative
  • Number Of Shares: 770
  • New Construction: No
  • Structure Type: HighRise
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Exterior Features: None
  • Patio And Porch Features: None
Interior Features
  • Cooling: CentralAir
  • Entry Level: 15
  • Appliances: WasherDryerAllowed
  • Fireplace: No
  • Dining Type: Alcove
  • Kitchen Condition: Excellent
  • Floor Number: 15
  • Basement: No
  • Cooling: Yes
  • Bathroom Condition: Excellent
  • ElevatorsTotal: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 74
Rental
Rental Information
  • Pets Allowed: UnitYes
  • Attendance Type: DoormanPartTime
  • Land Lease: No

Property History for 425 Park Avenue South, Unit 15A

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 425 Park Avenue South, Unit 15A

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. 116 Mary Lindley Murray
PublicPK to 5

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Jhs 104 Simon Baruch
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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425 Park Avenue South, Unit 15A is a co-op for sale in NoMad. This property was listed for sale on April 19, 2024 by Douglas Elliman Real Estate, it's currently listed at $930,000. This listing's school district is New York City Geographic District # 2. Nearby schools include P.S. 116 Mary Lindley Murray, Nyc Lab Ms For Collaborative Studies and Lower Manhattan Community Middle School. 425 Park Avenue South, Unit 15A is a 1-bed, 1-bath, 800 sqft co-op built in 1927.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman Real Estate

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.