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Off market
  • Tax assessed value
    $28,548,000

    425 Park Ave S, New York, NY 10016

    4beds
    109,012sqft
    Cooperative
    Built in 1927
    -- sqft lot
    $-- Zestimate®
    $262/sqft
    $6,228 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $6,228/mo

    Zestimate® history
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    $159,716/mo

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    What's special

    This exceptional unit is located in Park Avenue South Tower, a 1920's art deco era industrial factory building converted to co-op loft apartments. You have the rare opportunity to own a luxuriously designed and renovated corner 4 bedroom, 3 bath Loft apartment (not lot line). The entry foyer leads to the formal dining area and living room, marvel at the 11 ft. beamed ceilings and eco friendly Bamboo floors. The apartment is flooded with natural light all day long from 11 oversize windows (not lot line) with South and West exposure. Perfect for entertaining, there is an ample chef's kitchen which is both artfully and practically designed, featuring an ultra modern split level Carrera marble and wood plank countertop, custom walnut cabinets, Viking vented range and Subzero refrigerator. The kitchen boasts a separate bar with a wine cooler that can hold up to 78 bottles. A long and gracious hallway leads you to the bedrooms, the master bedroom has 6 closets, dressing area and an ensuite master bath featuring dual sinks with marble countertops and dual head steam shower. More features of this apartment are custom walnut built-ins, expansive powder room which features terrazzo and glass tile, XO sink and Hans Grohe faucet, a home office with custom cabinetry and a huge walk in storage closet. The apartment has two-zone central a/c system and a four-zone surround system. Maintenance is 75% tax deductible!! Building amenities feature doorman, laundry on every floor and a magnificent roof deck with 360 degree views of Manhattan. Located in the popular NoMad district this quintessential NYC neighborhood is walking distance to Madison Square Park, Gansevoort, Eataly, The Ace, Breslin or the Hurricane Club, commuting is easy you are just 1 block from the 6 train subway stop at 28th Street. You have it all, beauty, luxury, space and location. See alternated floor-plan for additional option Motivated Seller! All private showings will require at least 24 hours notice.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 109,012 sqft

    Property

    Lot
    • Size: 0.57 Acres
    Details
    • Parcel number: 008850001

    Construction

    Type & style
    • Home type: Cooperative
    Condition
    • Year built: 1927

    Community & HOA

    Community
    • Features: Doorman
    HOA
    • Has HOA: Yes
    • HOA fee: $4,121 monthly
    Location
    • Region: New York

    Financial & listing details

    • Price per square foot: $262/sqft
    • Tax assessed value: $28,548,000
    • Annual tax amount: $1,398,060

    Price history

    DateEventPrice
    9/24/2018Sold$990,000-66.9%$9/sqft
    Source: Public Record Report a problem
    4/22/2018Listing removed$2,995,000$27/sqft
    Source: Halstead Property #18121455 Report a problem
    4/5/2018Price change$2,995,000-4.9%$27/sqft
    Source: Halstead Property #18121455 Report a problem
    3/30/2018Listed for sale$3,150,000+1669.7%$29/sqft
    Source: Halstead Property #18121455 Report a problem
    5/18/2015Sold$178,000-80.2%$2/sqft
    Source: Public Record Report a problem
    3/9/2012Listing removed$899,000$8/sqft
    Source: Bond New York Report a problem
    12/8/2011Listed for sale$899,000+5.8%$8/sqft
    Source: Bond New York Report a problem
    8/17/2011Listing removed$849,900$8/sqft
    Source: Sotheby's International Realty - #0017566 Report a problem
    8/15/2011Listed for sale$849,900$8/sqft
    Source: Sotheby's International Realty - #0017566 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,398,060 +4.3%$12,846,600 +1.7%
    2024$1,340,860 +6.7%$12,633,750 +18.5%
    2023$1,256,579 $10,665,000 +3.9%
    2022-- $10,265,400 +7.9%
    2021-- $9,511,650 -11.6%
    2020-- $10,756,800 +5.2%
    2019$987,415 -12.7%$10,225,800 +3.2%
    2018$1,130,704 +4.5%$9,910,800 +9.2%
    2017$1,082,042 +3.9%$9,072,450 -3.9%
    2016$1,041,654 $9,441,450 +3.2%
    2015$1,041,654 +74.1%$9,147,600 +18.4%
    2014$598,182 $7,723,800 +1.4%
    2013-- $7,620,750 +5.1%
    2012-- $7,251,750 -13.6%
    2011-- $8,394,750 +9.1%
    2010-- $7,695,000 +2.4%
    2009-- $7,515,000 -22.7%
    2008-- $9,720,000 +33.3%
    2007-- $7,290,000 +50.3%
    2006-- $4,850,000 -0.2%
    2005-- $4,860,000 +19.2%
    2004-- $4,077,000 -3.9%
    2003-- $4,243,500 -1.8%
    2002-- $4,320,000 +5.8%
    2001-- $4,081,500 +12%
    2000-- $3,645,000
    Find assessor info on the county website

    Neighborhood: Flatiron District

    Nearby schools

    GreatSchools rating