8 months on rocket

16 Park Ave Unit 7D, New York City, NY, 10016

$615,000

Home List Price

$7,303*

Closing Credit

1 Bedroom
1 Full Bath
Condo
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

16 Park Ave Unit 7D, New York$615,000

Buyer Closing Credits

$7,303*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeStock Cooperative
Year Built1924
ViewCity
MLS #PRCH-7708119
StatusActive

About 16 Park Ave Unit 7D

Indulge in the charm of this impeccably designed and tastefully renovated corner 1 Bedroom. Prepare to be captivated by the seamless integration of space, natural light, and timeless architectural elements. The open layout presents an exquisitely crafted and versatile floor plan that includes both a well-appointed bedroom, as well as a flexible room that can be tailored to suit your individual lifestyle. The living room, bathroom, and kitchen boast breathtaking views high above Park Avenue, complemented by an abundance of storage space provided by four generously sized custom closets. Whether you are seeking a permanent residence or a perfect Pied a Terre for your New York City adventures, this stunning apartment, nestled in a prime Park Avenue location, offers an unparalleled living experience. Constructed in 1924 on the former Murray Farm site, 16 Park Avenue is an intimate boutique building, featuring only four apartments per floor and converted to a cooperative in 1986. The grand marble and mahogany lobby is attended by full-time doormen, supported by dedicated service personnel and a live-in superintendent. Positioned at the intersection of 35th Street and Park Avenue, this exceptional property combines the prestige of Park Avenue with the convenience of Murray Hill and Gramercy. The vibrant dining, shopping, and entertainment destinations of Chelsea, NoMad, Herald Square, and Grand Central envelop you, while effortless transportation options abound with the 4/5/6, B/D/F/M, N/Q/R/W, 7/S, and Path trains all within close proximity. Residents of this esteemed building enjoy exclusive access to a serene garden, a secure bike room, and convenient onsite storage. Pied a Terre purchases, subletting, guarantors, co-purchasing, and pets are all permitted, with no Flip Tax imposed.

Property Details

Property Features

Property Information:

  • Architectural Style: Prewar
  • Year Built: 1924

Listing Office:

  • Office Name: Sothebys International Realty
  • Office Phone: (212) 606-7660
  • Listing Agent: Kathryn Johnson
  • Agent Phone: (917) 826-7050

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Interior: Den, Entrance Foyer, Elevator, Kitchen Window, Storage

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Building Garden, Garden

Lot Features

Lot Information:

  • Lot: Garden

Price Information

Listing Price Info

Price Summary:

  • List Price: $615,000

HOA Fees:

  • Amount: $2304
  • Frequency: Monthly
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

16 Park Ave Unit 7D vs New York

268 DAYS ON ROCKET

+172 Days

$615,000

-$234.1K Less

KEY TAKEAWAY

This property is $234.1K less than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #PRCH-7708119

Listing Office:

  • Office Name: Sothebys International Realty
  • Office Phone: (212) 606-7660
  • Listing Agent: Kathryn Johnson
  • Agent Phone: (917) 826-7050

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/31/2024, 9:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,441

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,910

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-5843152
7
/10
  • PS 116 Mary Lindley Murray

  • 210 E 33rd St

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-5843153
10
/10
  • River School (The)

  • 425 E 35th St

  • 0.52 miles

  • Public District Grades PK-KG

school-card-donut-5843154
10
/10
  • PS 40 Augustus Saint-Gaudens

  • 320 E 19th St

  • 0.89 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $144,048. Most New York, NY residents have annual incomes $200k+. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16 Park Ave Unit 7D

What is the listing price of this property?

The listing price of 16 Park Ave Unit 7D property is $615,000.

What type of property is this?

The property 16 Park Ave Unit 7D is a condo located in New York City, New York, 10016.

Is this property for sale now?

Active Listing: 16 Park Ave Unit 7D is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 16 Park Ave Unit 7D has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The sq. ft. of 16 Park Ave Unit 7D is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 16 Park Ave Unit 7D is 1924.

Rocket HomesNew YorkNew York1001616 Park Ave Unit 7D

This home is located at 16 Park Ave Unit 7D in New York City, NY and zip code 10016 in the Murray Hill neighborhood. This home was built in 1924. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 06, 2023 and is currently priced at $615,000.

While more than 168 listings in New York, NY in April 2024 were sold above asking price, there were more than 758 listings sold at asking price, and more than 748 were sold below. In April 2024 in New York, NY there were 3.8% more homes for sale than in March 2024. Listings spent 96 days on the market in April 2024, and had a median list price of $849,191 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More Resources