Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $610,000

· Closed February 7, 2023

16 PARK Avenue #15B
Closed For Sale Co-op

$610,000

$744 per sq ft

16 PARK Avenue #15B

Murray Hill Kips Bay, Manhattan

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MLS® #RLS10827025

RLS at REBNY

Listing by Douglas Elliman Real Estate

1

Bedroom

1

Bath

820

Sq. Ft.

1924

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 820 sq ft
Year Built 1924
Ownership Co-op
Maintenance $2,400/mo
Neighborhood Murray Hill Kips Bay
Floor 15 of 16

Property Highlights

  • Exposure: East,North,South facing
  • Style: Prewar architecture
  • Character: Pre-war building (1924)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 15 of 16
Exposure East,North,South
Pets Yes
Cross Street MADISON AVENUE and PARK AVENUE
Year Built 1924
Living Area 820 sq ft
Architectural Style Prewar
Parcel # 0864-0041-00016-000-000015B

Listing History

Event Date Price Change
Listed Mar 24, 2022 $725,000 -
Price Reduced Feb 15, 2023 $650,000 -10.3%
Currently May 15, 2026 $610,000 -6.2%

Description

As you enter inside this immaculately renovated high floor oversized beautiful corner one bedroom apartment you arrive in an entrance foyer, that leads to a bright living room.
The whole apartment is bright and airy with natural light from the North, South and West exposures and a great view of the Empire State Building from the bedroom.
This home exudes charm with the highest attention to detail; restored hard wood floors, beamed ceilings, windows in every room, a new marble bath perfectly situated for you and your guests use, and a chef's kitchen with high end appliances. Custom cabinetry grace the kitchen atop limestone floors that are great looking and easy to clean.
With only 4 apartments per floor, 16 Park is not only an intimate boutique building full of prewar charm, but residents here enjoy full service amenities that include a full-time doorman, live-in super, central laundry facility, bike room, storage facility and a street level garden.
Pets, subletting, pied a terres, guarantors and co-purchasers are allowed.
This prime address is on a quiet block right near Grand Central and The Morgan Library, with great shopping, public transportation, restaurants and more all in close proximity. Come see how luxury can be yours in a landmarked building with strong financials today.

Features & Amenities

Appliances

Washer Dryer Allowed

Building Information

Building null
Building Data View Compliance & Permits
Total Units 64
Stories 16
Style Prewar

Financial Details

Maintenance $2,400/mo
Original Price $725,000
Sale Price $610,000
Previous Price $650,000

About Murray Hill Kips Bay

View All Murray Hill Kips Bay Listings

Murray Hill-kips Bay features a blend of architecture, including brownstones and high-rise co-ops. The neighborhood is accessible via major subway transit lines. Property elements include local parks and architecturally distinctive waterfront views of the East River and Kips Bay.

Murray Hill Kips Bay Live Market Data

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Active Listings

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Median Asking Price

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New This Week

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Live data from RLS at REBNY • Updated 5/14/26, 11:03 PM EST

Recently Sold in Murray Hill Kips Bay

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Location

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16 PARK Avenue #15B, Murray Hill Kips Bay, New York County • Near MADISON AVENUE and PARK AVENUE

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1924
Year Built
102 years old
16
Floors
64
Residential Units
R10
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $8,737,200
Land Value: $1,372,500
Exemptions: $16,030

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 4,567 SF
Building Area: 58,841 SF
Built FAR: 12.88
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $2,400 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 820 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1924, making it approximately 102 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $610,000 for 820 sq ft, the asking price per square foot is approximately $744. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10827025
First Listed: 3/24/2022
Price Changed: 2/15/2023
Closed: 2/7/2023
Contract Date: 3/24/2022

Listing Courtesy of Douglas Elliman Real Estate - Jodie Lazar

Listing Contact: (917) 862-8062

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/15/2026 at 3:03 AM UTC

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