Park South Tower

Park South Tower is a Co-op located 425 Park Avenue South, in NoMad, New York. The building was first built in 1927 and is 97 years old. It was first renovated and altered in 1988. The lot that the building was built on is 66 feet wide and 80 feet long. The official lot area is listed as 5,293 square feet. The building itself is 66 feet wide and 80 feet long. In total, 425 Park Avenue South has a total floor area of 109,012 square feet. Of that, 102,977 square feet are used for residential purposes. About 6,035 square feet of the building are used for commercial purposes. There are a total of 76 units. Of those, 74 are residential units. There are two commercial units. 425 Park Avenue South has a total of 20 floors. Thankfully, the building is equipped with elevator service. Residents can access the two elevators in 425 Park Avenue South.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. Don't forget to take full advantage of the roof deck where you can soak up some sun during summer or host a get together with your friends and family. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 95 closings on record, of which we have matching data for 26 listings. In the past 3 years, a listing in this building will typically remain on the market for about 170 days and tend to sell below the original asking price of $999,000 by 7.41%. Meaning, listings tend to sell at a median of $1,166 price per square foot. The transaction that took the longest to complete was unit 6B, listed on May 03, 2021 for $1,200,000. This particular unit ultimately sold 357 days later for $1,192,500. The most recent transaction was for unit 11B, sold for $1,323,000 on May 03, 2023. Fun fact, the oldest transaction we have on record took place on Dec 12, 1977. See the full transaction history for Park South Tower below.

NoMad, where 425 Park Avenue South is located, has a median asking price of $750,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $999,000. For interested buyers, that means the building's median asking price is around 0.33% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

There are currently 3 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $1,875,000. It is a 2 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $930,000. It is a 800 sqft 1 bedroom and 1 bathroom unit. A breakdown of active listings shows 2 one-bedroom, 1 two-bedroom, units for sale! The median price of all the active units for sale in the building is $1,195,000. Active units for sale at 425 Park Avenue South have a median count of 1 bedrooms and have a median count of 1 bathroom.