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The Ascot, 407 Park Avenue South

between East 28th Street & East 29th Street   |    Flatiron/Union Square

cityrealty insider access Interested in off-market listings at The Ascot? find out more

Key Details

  • Co-op
  • Built in 1984
  • 147 Apartments
  • 28 Floors
$1,235 Avg. Price / Ft2
  • Size Avg. Price # Sold
  • STUDIO $499,000 1
  • 1 BED $746,857 7
  • 2 BEDS $1,636,000 1
  • Avg. Price based on 9 closings during past 12 months Last updated Jul 20, 2017
  • View all recent sales
$1,188 Avg. Price / Ft2

Overview

54

The Ascot, 407 Park Avenue South has received a CityRealty Rating of 54, 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
+
22
Out of 36
+
11
Out of 39
=
54
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
Good 3 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
Exists 1 out of 3 points
Contextual Design:
No and Bad 0 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Discrete 1 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:
Unrelated Base 0 out of 1 points
Illumination:
Yes 1 out of 1 points
Water Element:
Yes 1 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:
Less Than 3 Short Blocks 2 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:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Many 2 out of 3 points
Health Club:
None 0 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:
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:
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:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points
  • #8 Rated co-op - Flatiron/Union Square
How was this building rated?

This 26-story light-colored brick apartment tower is on the site of the Belmore Cafeteria, the city's most famous all-night restaurant for decades whose clientele always included many cabdrivers. The building was erected in 1984 and was developed by Peter Kalikow, who later became the publisher of The New York Post for a while. The architect was Philip Birnbaum. The building was converted to a condominium in 1988 and has 147 apartments, many with good views on the upper floors. In the heart of the Midtown South district, the Ascot is very convenient to public transportation with a local subway stop at 28th Street and excellent bus service on Park and Madison Avenues and cross-town buses at 23rd and 34th Streets. Madison Square Park is three blocks away and many popular and trendy restaurants and boutiques as well as movie theaters are nearby in the Flatiron district, one of the city's most exciting neighborhoods.

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Apts For sale AT 407 Park Avenue South (2)

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Apts For rent AT 407 Park Avenue South (1)

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Nearby Subway Stations

  1. 6
at Park Ave 0.04 miles
  1. R
  2. N
at Broadway 0.30 miles
  1. M
  2. B
  3. D
  4. F
  5. Q
at 6th Ave 0.48 miles

Carter Horsley's Review

The Ascot, 407 Park Avenue South Carter Horsley's Building Review
"This 26-story light-colored brick apartment tower is on the site of the Belmore Cafeteria, the city's most famous all-night restaurant for decades whose clientele always included many cabdrivers. The building was erected in 1984 and was developed by Peter Kalikow, who later became the publisher of The New York Post for a while. The architect was Philip Birnbaum. The building was converted to a condominium in 1988 and has 147 apartments, many with good views on the upper floors. In the heart of the Midtown South district, the Ascot is very convenient to public transportation with a local subway stop at 28th Street and excellent bus service on Park and Madison Avenues and cross-town buses at 23rd and 34th Streets. Madison Square Park is three blocks away and many popular and trendy restaurants and boutiques as well as movie theaters are nearby in the Flatiron district, one of the city's most exciting neighborhoods." Read Carter's Full Review

The pros & cons

Pros
  • Excellent location in the heart of the Midtown South district
  • Doorman
  • Good views from upper floors
  • Close to Subway
  • Excellent public transportation
  • Balconies
  • Three blocks from Madison Square Park
  • Close to the many trendy and popular restaurants and boutiques of the Flatiron District
Cons
  • Commercial neighborhood
  • Considerable traffic on Park Avenue South
  • Many apartments
  • Conventional layouts
  • No garage
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Pricing Comparison of Similar Buildings

View Detailed Comparison

The Ascot, 407 Park Avenue South - 10 year Sales History

View Full Sales History
 

The Ascot, 407 Park Avenue South 12 Month Sales Summary

View By Apartment Sizes
Past 12 Months
$818,111
AVG Price, based on 9 Sales
 

Loading Recent Closings Table

The Ascot, 407 Park Avenue South Alternate Addresses

  • 405 Park Avenue South
  • 403 Park Avenue South
  • 407 Park South Avenue South
  • 409 Park Avenue South

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In the Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 61 Available for Sale
  • $1,348 Avg. Price / Ft2
  • $2,087,639 Avg. Price
  • $1,299,000 Median Price
  1. Most Expensive 140 Fifth Avenue Apt 11FL | $7,950,000
  2. Least Expensive 30 East 22nd Street Apt 4B | $375,000
    Price / ft2 $938
Not enough data available to generate chart.
  • 13 Available for Rent
  • $71 Avg. Price / Ft2
  • $6,110 Avg. Price
  • $2,900 Median Price
  1. Most Expensive 140 Fifth Avenue Apt 11FL | $29,500
  2. Least Expensive 126 East 30th Street Apt 4C | $2,195
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.
  • 97 Total Sales
  • $1,296 Avg. Price / Ft2
  • $1,271,620 Avg. Price
  • $925,000 Median Price
  1. Most Expensive 140 Fifth Avenue Apt 2AB | $4,800,000
  2. Least Expensive Parker Gramercy Apt 1226 | $450,000

Similar Buildings

 
cityrealty insider access Interested in off-market listings at The Ascot? find out more
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