407 Park Avenue #25E, New York City, NY 10016
Listing Courtesy of Baddour Group LLC
$850,000
Potential Rebate: $12,750
Overview
Renovated High-Floor 1-Bedroom with Balcony overlooking Park Avenue South<br><br>This spacious and high-floor one-bedroom residence boasts a generous layout, including a dedicated dining alcove, entry foyer, and abundant storage. The extra-large bedroom offers ample closet space, while the thoughtfully renovated interiors showcase meticulous attention to detail. A private balcony provides stunning views of Park Avenue South, enhancing the home's appeal. Maintenance fee is around 63% tax deductible.<br><br>The Ascot A Premier Full-Service Cooperative<br><br>The Ascot is a distinguished full-service cooperative featuring a 24-hour doorman/concierge and a live-in resident manager. Residents enjoy access to a spectacular rooftop deck with panoramic city views, complete with BBQ facilities, lounging and dining areas, and sunbeds. Additional amenities include a fitness center, laundry facilities, and private storage.<br><br>Prime Location in the Heart of NoMad<br><br>Ideally situated at the intersection of Park Avenue South and 28th Street, the Ascot offers unparalleled convenience. Just moments from Madison Square Park, Whole Foods NoMad, Eataly, Trader Joes, and an array of renowned dining destinations, this residence is perfectly positioned to enjoy the best of city living.<br><br><br><br><br><br>
Home Features
- •Building Inside
- •Common Area
- •Building Storage
- •Balcony
- •Building Balcony
- •Private Outdoor Space Under 60 Sqft
- •Storage
- •Eat-in Kitchen
Estimated Monthly Payment
$6,749 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$12,750
Monthly savings impact
$35/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Baddour Group LLC
Data Source: TRESTLE #RLS20049106
Price Analysis
Compare average listing prices and value metrics for ASCOT against the surrounding Flatiron market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
80.68% Lower
than the Flatiron price average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Flatiron
Overview of Flatiron
Flatiron is named after its iconic building. It is a hub of tech and design. For buyers seeking Flatiron Manhattan real estate, it offers loft living.
Living in Flatiron is central. As a Manhattan NYC neighborhood, it is fashionable.
Real Estate & Housing Market
The market for homes for sale in Flatiron includes sprawling lofts.
Lifestyle & Community
The lifestyle in Flatiron is sophisticated.
Transportation & Accessibility
Flatiron is served by the N/R/W trains.
Parks, Schools & Amenities
Madison Square Park is the front yard.
Amenities: Eataly Eataly is a major draw.
Who This Neighborhood Is Best For
Flatiron is best for fashionistas and tech workers.
