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400 Park Avenue South

Between West 28th Street & West 29th Street   |    Flatiron/Union Square

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Key Details

  • Condo
  • Built in 2016
  • 81 Apartments
  • 40 Floors
$1,894 Avg. Price / Ft2
$91 Avg. Price / Ft2
  • Size Avg. Price # Sold
  • 2 BEDS $3,994,990 1
  • 3 BEDS $4,987,500 2
  • Avg. Price based on 3 closings during past 12 months Last updated Apr 22, 2018
  • View all recent sales
$1,988 Avg. Price / Ft2

Overview

88

400 Park Avenue South has received a CityRealty Rating of 88, 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

31
Out of 44
+
27
Out of 36
+
20
Out of 39
+
10
=
88
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
Attractive 4 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but Very Good 3 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:
Not Allowed 2 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 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:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 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:
3-6 Short Blocks 1 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:
Spacious 4 out of 5 points
Units Per Floor:
10-15 1 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes, with Swimming Pool 2 out of 2 points
Private Gardens:
Yes, but Small 1 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
Some 1 out of 1 points
Fireplaces:
None 0 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:
Yes 1 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:
Yes 1 out of 1 points
Non Rectilinear Form:
Yes 1 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points
  • #45 Rated condo - Downtown
  • #6 Rated condo - Flatiron/Union Square
How was this building rated?

400 Park Avenue South is a stunning and bold, 40-story, reflective glass shard of an apartment tower, the bottom 22 floors containing 269 rental apartments developed by Equity Residential and the top 18 floors with 81 condominium apartments developed by Toll Brothers.

It occupies the southwest corner of Park Avenue South and 28th Street and is known as The Prism.  The rental entrance is at 50 East 28th Street.  The condo entrance is on Park Avenue South.

Christian de Portzamparc, the French architect of One57 and the LVHM Tower, both on 57th Street, designed the project in 2003 for A & R Kalimian Realty, which eventually sold it to Equity Residential and Toll Brothers City Living.

Like the LVMH Tower, this project is rakishly angled but while the LVMH tower is mid-block and mid-rise, this project is more than twice as high and on a corner.

In contrast, the architect’s mid-block, One57 tower for Extell Development is “softer” with a few rounded setbacks, although, of course, it is much taller and therefore more prominent as it was the first of the new generation of “supertalls” and has a highly visible location when seen from the Central Park and the north.

Extell commissioned another project from the architect, Riverside Center, which consists of several angled towers centered about a plaza between 59th and 61st Streets on Riverside Boulevard.  Based on renderings, those buildings do not have the sharpness of this project and their angularity is a bit compromised by their complex form and mixed façades. Extell subsequently sold off this cluster of towers to other developers who decided to use different architects for the buildings.

Gary Edward Handel was the “executive” architect on the project and designed the rental units and Stephen Alton Architect designed the condo units.

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Apts For sale at 400 Park Avenue South (2)

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Apts For rent at 400 Park Avenue South (3)

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Nearby Subway Stations

  1. 6
at Park Ave 0.02 miles
  1. N
  2. R
at Broadway 0.28 miles
  1. M
  2. F
at 6th Ave 0.44 miles

Carter Horsley's Review

400 Park Avenue South Carter Horsley's Building Review
"400 Park Avenue South is a stunning and bold, 40-story, reflective glass shard of an apartment tower, the bottom 22 floors containing 269 rental apartments developed by Equity Residential and the top 18 floors with 81 condominium apartments developed by Toll Brothers." Read Carter's Full Review

The pros & cons

Pros
  • Close to Madison Square Park
  • Good public transportation
  • 81 condos and 269 rental apartments
  • Doorman
  • Concierge
  • Health club with swimming pool
  • Striking silhouette
  • Close to Subway
  • Architectural masterpiece by Christian de Portzamparc
Cons
  • Many apartments
  • No garage
  • No balconies
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400 Park Avenue South - 10 year Sales History

View Full Sales History
 

400 Park Avenue South 12 Month Sales Summary

View By Apartment Sizes
Past 12 Months
$1,988
AVG Price / ft2, based on 3 Sales
 

Loading Recent Closings Table

400 Park Avenue South Alternate Addresses

  • 398 Park Avenue South
  • 398-400 Park Avenue South
  • 40 East 28th Street
  • 400 Park Avenue South
  • 402 Park Avenue South
  • 42 East 28th Street
  • 44 East 28th Street
  • 46 East 28th Street
  • 48 East 28th Street
  • Sky Couture

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In the Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 145 Available for Sale
  • $2,396 Avg. Price / Ft2
  • $5,631,586 Avg. Price
  • $2,995,000 Median Price
  1. Most Expensive 212 Fifth Avenue Apt PH | $73,800,000
    Price / ft2 $7,322
  2. Least Expensive Wedgwood House Apt 5A | $595,000
Not enough data available to generate chart.
  • 63 Available for Rent
  • $80 Avg. Price / Ft2
  • $8,142 Avg. Price
  • $5,800 Median Price
  1. Most Expensive 212 Fifth Avenue Apt 6A | $35,000
    Price / ft2 $140
  2. Least Expensive 254 Park Avenue South Apt 8G | $3,150
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 180 Total Sales
  • $2,537 Avg. Price / Ft2
  • $4,967,233 Avg. Price
  • $4,402,500 Median Price
  1. Most Expensive 212 Fifth Avenue Apt 19A | $28,225,000
    Price / ft2 $3,938
  2. Least Expensive Wedgwood House Apt 5B | $510,000
    Price / ft2 $1,133

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for more information Are you ready to tour 400 Park Avenue South? Contact
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