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16 Park Avenue, #7D

$615,000 -18% | 1 bed, 1 bath
View Full Building Profile  | 
235 days on Market

Key Details

  • Listed: Sep 6, 2023
    Last Price Change: -3.9% ($25,000) on Apr 25
    Days on Market: 235
    Building Type: Cooperative
    Neighborhood: Murray Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 147 times
Monthly Maintenance: $2,304
Est. Monthly Mortgage: $3,396
Total Est. Monthly Carrying Cost: $5,700
Note: the above is based on a down payment of 20% ($123,000), which is the minimum amount permitted by the building.

Description

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.

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Listing Agent (Seller's Representative)

Listing courtesy of Sothebys International Realty

Pricing History

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About 16 Park Avenue

74

16 Park Avenue has received a CityRealty Rating of 74, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

24
Out of 44
+
26
Out of 36
+
16
Out of 39
+
8
=
74
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Exists 1 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
More than 6 Short Blocks 0 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Conversion Year: 1980
  • Attended Lobby
  • FT Doorman
  • Pre War
  • Resident Storage
  • Washer/Dryer in building
  • Elevator
  • Courtyard
  • Bike Room
  • Live-In Superintendent

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Pros
  • Prime Murray Hill location
  • Close to the Morgan library
  • Pets permitted
  • Close to Subway
  • Only four apartments per floor
  • Canopied entrance on quiet side street
  • Excellent public transportation
  • Doorman
Cons
  • No terraces
  • No health club
  • No concierge
  • Permits protruding air-conditioners
  • No garage
  • No sidewalk landscaping
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Subways

  1. 6
at Park Ave 0.12 miles
  1. 5
  2. 4
  3. 7
at Lexington Ave and 43rd 0.36 miles
  1. M
  2. B
  3. D
  4. F
  5. N
  6. Q
  7. R
at Broadway and 35th 0.37 miles

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