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16 Park Avenue #5B
Coop in Murray Hill •  building info
1bd • 1ba
List Price

$645,000

Key Details
Days on market
190
Last price change
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Estimated payment
$5,186
Monthly taxes
N/A
Monthly maintenance
$2,128
Description
MOTIVATED SELLER The largest one-bedroom line in the building, Apt 5B is a spacious and bright residence nestled in a boutique full-service Co-op on the prestigious Park Avenue. Upon entering, you're greeted by a gracious foyer that leads to an airy living room with nearly 9' ceilings and architectural beams. The flexible layout accommodates a king-size bedroom, offering ample closet space throughout. The windowed eat-in-kitchen and bathroom with dual access add to the apartment's charm. With only three units on this quiet floor, this classic building provides a full-time doorman, a delightful garden, laundry facilities, a storage room, a bike room, and a live-in superintendent. Whether you're seeking a full-time residence or a pied-a-terre, this apartment has it all! Guarantors and co-purchasers are welcome, subletting and pets are permitted, and there is no flip tax. Enjoy the tranquility of this centrally located gem in Murray Hill, where the Neighborhood Association features world-renowned artwork beneath the famous Park Avenue cherry blossom trees. 16 Park Avenue is close to restaurants and shops, and a short walk to Madison Square Park, Bryant Park, Whole Foods, Fairway, and Trader Joe's. It's only one block from the subway and several buses, and is also just a few blocks from Grand Central, Penn Station, and the beautiful East River Esplanade and Walk, which includes the 34th Street Ferry. There is a monthly assessment of $216.99 until July 2026 for Local Law 11.

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Important Stuff
Elevator
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Storage Available
Hardwood floors
City View
Dishwasher
Building Amenities
Bike Room
Gifts Allowed
Live In Super
Fios Available
Storage Available
Laundry in Building
Coop Rules
Sublets Allowed
Gaurantor Permitted
Co-purchase Allowed
Parents Buying Allowed
Pied-a-Terre Allowed
History
What it'll cost
Purchase price
$645,000
Asking Price: $645,000
Term
30 Years
Down Payment
$161,000 (25%)
Min: 25% (161,000)
Rate
6.5 %
Mortgage Amount
$483,750
Mortgage Payment
$3,058
Maintenance
$2,128
Estimated closing cost
$7,000
Total monthly cost $5,186
Listing Courtesy of Brown Harris Stevens

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