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Park South Tower, 425 Park Avenue South, #15A

$930,000 | 1 bed, 1 bath
View Full Building Profile  | 
61 days on Market

Key Details

  • Listed: Apr 19, 2024
    Days on Market: 61
    Building Type: Cooperative
    Neighborhood: Flatiron/Union Square (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $2,448
Est. Monthly Mortgage: $4,636
Total Est. Monthly Carrying Cost: $7,084
Note: the above is based on a down payment of 25% ($232,500), which is the minimum amount permitted by the building.

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 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.

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Apartment Amenities

  • City View
Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About Park South Tower, 425 Park Avenue South

62

Park South Tower, 425 Park Avenue South has received a CityRealty Rating of 62, 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

21
Out of 44
+
21
Out of 36
+
13
Out of 39
+
7
=
62
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
Attractive 4 out of 5 points
Canopy Entrance:
Unattractive 0 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:
Exists 1 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:
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:
Average Mix 2 out of 5 points
Distance To Neighborhood Center:
Less than 30 blocks 3 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 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:
3-5 Short Blocks 1 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:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 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:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Conversion Year: 1980
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator

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Pros
  • Live-in super
  • Storage and laundry facilities on every floor
  • High ceilings
  • Pets allowed
  • Doorman
  • Beautiful planted roof deck
  • Few units per floor
  • Close to Subway
Cons
  • No balconies
  • Protruding air-conditioners
  • No concierge
  • No garage
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Subways

  1. 6
at Park Ave 0.08 miles
  1. R
  2. N
at Broadway 0.30 miles
  1. M
  2. B
  3. D
  4. F
  5. Q
at 6th Ave 0.46 miles

Other Apartments Available in this Building (1)

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