16 Park Avenue was built in 1924 in Murray Hill, on the site of the Murray Farm, and was converted into a cooperative in 1980. The intimate boutique building has only four apartments per floor and amenities that include a garden, bike room, onsite storage, a live-in super, full-time servicemen, and a marble and mahogany lobby staffed by full-time doormen.
Residents enjoy plenty of transportation options like the 4/5/6, B/D/F/M, N/Q/R/W/7/S and Path trains. Pied-a-terre purchasing, subletting, guarantors, co-purchasing, and pets are allowed.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.
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