$985,000
Updated 9 years ago
Sold

Park South Tower

425 Park Ave South, 3-D

Kips Bay, Manhattan | East 29th Street & East 30th Street

Loft 3.5 Rooms1 Bed1.5 Baths1,000 Square FeetCo-op

$985,000
Maintenance$1,875
Price Per SF
$985

This property was sold for $985,000 on 09/07/17.

Listing Features

  • Abundant Closets
  • Architectural Dtls
  • Beamed Ceilings
  • Custom Closets
  • Custom Lighting
  • High Ceilings [11']
  • Moldings
  • Original Details
  • Refinished Floors
  • Walk-in Closet
  • Oversized Windows
  • Wall of Windows
  • Dishwasher
  • Galley
  • Horseshoe Kitchen
  • Pass Thru Kitchen
  • S Steel Appliances
  • En Suite Bathroom
  • Powder Room

Outdoor space and views

  • East Exposure
  • South Exposure

Building Amenities

  • Part-Time Doorman
  • Elevator
  • Laundry Per Floor
  • Roof Deck
  • Storage

Policies

  • Pets Allowed. Case by Case
  • Pieds A Terre Ok

Property Description for 425 Park Ave South, 3-D

CONTRACT SIGNED! Loft dreams do come true for $1m! Amazing opportunity to acquire a true prewar Manhattan loft at an amazing price. This 1000sqft(approx) large unit features 1.5 baths, a separate home office or guest room, great closet/storage space, and an upgraded kitchen w/Fisher/Paykel dishwasher and Miele range. Other loft features include beamed 11ft ceilings, large living and dining area with a wall of windows facing south allowing beautiful light to stream in over 29th st. The bedroom is king-sized with an en suite bathroom and walk-in closet. Move right into this unique and upgraded space with furniture in place for a turnkey experience or renovate and create your dream home. Free laundry and storage room exists across the newly renovated hallway. Built in 1927, 425 Park Avenue South is a prewar loft cooperative that allows subletting after 2 years of ownership, and allows pied-a-terres, while co-purchasing/gifting is allowed on a case by case basis. There is a full time doorman, gorgeous ornate lobby, superintendent, newly pointed brick facade, and a beautiful planted and decked roof for use during the warmer months. This one will go quickly and all showings are by private appointments only. **Assessment through 9/17 of $235/mo**

Building Details for 425 Park Ave South

OwnershipCo-op
Building TypeLoft
Service LevelPart-Time Doorman
AgePre-War
AccessElevator
Year Built1927
Financing Allowed75%
Floors/Apts20/74
Learn More About the Building

Transit and Citi Bike

Subway

28 St
0.08 miles
33 St
0.16 miles
28 St
0.3 miles
23 St
0.33 miles
23 St
0.37 miles

Citi Bike

E 30 St & Park Ave S
0.03 miles
Lexington Ave & E 29 St
0.09 miles

Contact Agent

Contact Agent

Kips Bay | Manhattan

Quick Profile

If you take a walk through Kips Bay, which is loosely defined as the area between 23rd street and 34th street and the East River to almost Lexington, you’ll quickly learn it's a hodgepodge of sorts and not as well defined as other neighborhoods in New York City. Some New Yorkers say Kips Bay has an identity crisis because 1st, 2nd, and 3rd avenues are distinctly different from one another as you traverse them. Despite the perceived lack of neighborhood vibe there are others that appreciate its affordability and convenience.  

First Avenue is dominated by hospitals and hospital buildings such as NYU Medical Center and Bellevue Hospital to name a few. Second Avenue is a mosaic of convenience stores, fast food joints and nondescript brick buildings. Third Avenue is saturated with small bars and gastropubs and the twenty somethings that patronize them. 

No judgement against Kips Bay here. It’s a great neighborhood that is just as much a part of New York City as any other neighborhood. Kips Bay It’s bordered by Murray Hill to the North, Stuyvesant Town and Gramercy Park to the South, and Rose Hill to the West. The neighborhood is partly defined by newer high-rise apartments, brick rowhouses, and former tenement buildings. 

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.
OLR ID: 1624589