425 Park Ave. South 20AB $1,849,999

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    425 Park Ave. South 20AB New York, NY 10016

    • 2 Beds
    • 2 Baths
    • Co-Op
    • MLS# 3726405
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    Views: 3 Days On Site: 14

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    Property Details

    A rare opportunity to own an apartment that was once two separate one bedroom apartments and has been assembled to create one amazing apartment. This unit is a legal two-bedroom but is shown as a massive primary suite with three exposures, in its current state it shows as the largest one bedroom located on the best line and floor of the entire building. Besides being elegant, graceful and extraordinary, this is a stunning sun-drenched apartment located in an Art Deco doorman building nestled in chic Nomad. This is a high-rise but feels more like a boutique property; with 11-foot ceilings and only 3 apartments on this floor giving it a lot of style and privacy. The apartment is flexible, spacious, all-usable square footage, no wasted space including two full bathrooms so one can change layouts at-will. This apartment converts easily with its high ceilings giving it a loft-like feel of an artist's studio or a convertible two or three-bedroom. The current layout is a one-bedroom with a master suite that is well-suited for hosting social gatherings and entertaining guests. Furniture from RH is included with purchase barely used and ready move-in condition. Art pieces can be purchased separately if interested. But the extravagance does not stop there! After you have chosen the layout that best suits your lifestyle, you can take full advantage of the apartments three exposures allowing for open views of the New York City skyline. Being located on one of the highest floors, this apartment emits the feeling of having a Penthouse in the sky. To be exact, this space has abundant light and open views in each room. Enjoy beautiful sunrises with your morning routine and as the day concludes, gaze at the alluring sunset and the open views of the New York City Skyline. A rare find, the apartment features two wood-burning fireplaces so you can enjoy the warmth of an authentic fireplace. The home opens into a functional entryway area with glistening hardwood floors throughout and features with a pair of large coat closets which then flows into an expansive living room, dining room, and semi-open kitchen. The kitchen is wonderfully renovated and is equipped with a massive eat-in island, marble countertops, backsplashes, and a suite of high-end stainless-steel appliances including a Viking range and a Sub-Zero refrigerator. The master suite boasts one of the private wood-burning fireplaces, offering northern and western exposure through the charming oversized arched windows. The bedroom also features a massive dressing room with two closets and custom built-in shelving, and a pristine en-suite bathroom. Note- the actual monthly maintenance is $4710; the seller is offering a rebate $1210 per month for twelve months-total rebate at closing is $14,520. 75% of maintenance is for property tax & can be used as a tax deductible. Please contact me for a private tour.

    • General Features
      • Year Built 1927
      • Real Estate Tax 0
      • New Development No
      • Neighborhood NoMad
      • Hoa Fee 3500.00
      • Floor Number 20
    • Building Features
      • Building Class D4
      • Building Bike Storage No
      • Building Gym No
      • Building Garage No
      • Building Elevator Yes
      • Building Doorman Yes
      • Central Ac Yes
      • Building Storage Yes
      • Building Rooftop Yes
      • Building Prewar Yes
      • Building Pool No
      • Building Pets Yes
      • Building Name Park South Tower
      • Building Laundry Yes
      • Number of Rooms 5.00
      • Number of Half Baths 0
      • Number of Building Units 74
      • Number of Building Stories 20
      • North Exposure Yes
      • Live In Super 0
      • Home Offices 1
      • Has Outdoor Space No
      • Has Fireplace Yes
      • Garden No
      • Foyer Yes
      • Eat In Kitchen Yes
      • East Exposure Yes
      • Dishwasher Yes
      • Windowed Kitchen Yes
      • West Exposure Yes
      • Unit Terrace No
      • Unit Number 20AB
      • Unit Laundry Yes
      • Unit Garden No
      • Unit Balcony No
      • South Exposure Yes
      • Skyline View Yes

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    Neighborhood

    10016 (New York) Demographics

    33 Median Age
    99,389 Population Density (per sq. mile)
    85% College Educated
    $126,628 Estimated Median Income
    8,573 Estimated Total Home Owners
    20,627 Estimated Total Renters
    29% / 71% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    52,886 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,310,000 Median Sales Price
    24 Homes Sold
    113 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,849,999
        1/6/2022 1:33:00 PM New in Database Source: Multiple Listing Service New Value: $1,849,999

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.