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Manhattan / Murray Hill-Kips Bay / 10016

407 PARK AVENUE SOUTH

Boro1
Block884
Lot1
BBL1008840001
Class D4
Residential units
148
Units in total
151
Storeys
27
Year built
1984
Last alteration on file
-
Recorded transfers
148 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
25 Jun 2026$785,00016BSINGLE RESIDENTIAL COOP UNITRPTT&RET
8 Jun 2026$1,500,000PHASINGLE RESIDENTIAL COOP UNITRPTT&RET
4 Jun 2026$775,000PHFSINGLE RESIDENTIAL COOP UNITRPTT&RET
17 Dec 2025$455,0009CSINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Sep 2025$725,00017FSINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Jun 2025$700,00011FSINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Jun 2024$1,375,00011ASINGLE RESIDENTIAL COOP UNITRPTT&RET
28 May 2024$862,5005ESINGLE RESIDENTIAL COOP UNITRPTT&RET
3 Apr 2024$865,00011DSINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Mar 2024$485,00024CSINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Mar 2024$495,0006CSINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Oct 2023$850,0009DSINGLE RESIDENTIAL COOP UNITRPTT&RET
21 Aug 2023$770,00023BSINGLE RESIDENTIAL COOP UNITRPTT&RET
2 Nov 2022$855,0009ESINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Jun 2022$845,00012ESINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Jun 2022$1,550,00017ASINGLE RESIDENTIAL COOP UNITRPTT&RET
18 May 2022$805,00022ESINGLE RESIDENTIAL COOP UNITRPTT&RET
17 May 2022$785,00024ESINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Dec 2021$810,00022DSINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Oct 2021$775,00022BSINGLE RESIDENTIAL COOP UNITRPTT&RET
5 Aug 2020$436,0004CSINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Jan 2020$815,0005ESINGLE RESIDENTIAL COOP UNITRPTT&RET
26 Nov 2019$717,0005BSINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Oct 2019$745,00014DSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Aug 2019$735,00018BSINGLE RESIDENTIAL COOP UNITRPTT&RET
25 Jul 2019$445,00015CSINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Jul 2019$768,000#11BSINGLE RESIDENTIAL COOP UNITRPTT&RET
28 May 2019$1,450,0009ASINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Jun 2018$815,00011DSINGLE RESIDENTIAL COOP UNITRPTT&RET
2 Apr 2018$450,000PHCSINGLE RESIDENTIAL COOP UNITRPTT&RET
6 Oct 2017$1,975,0007ABSINGLE RESIDENTIAL COOP UNITRPTT&RET
25 Sep 2017$740,00016ESINGLE RESIDENTIAL COOP UNITRPTT&RET
24 Aug 2017$760,00019ESINGLE RESIDENTIAL COOP UNITRPTT&RET
21 Aug 2017$615,00019BSINGLE RESIDENTIAL COOP UNITRPTT&RET
1 Jun 2017$726,00017BSINGLE RESIDENTIAL COOP UNITRPTT&RET
27 Apr 2017$850,000BSINGLE RESIDENTIAL COOP UNITRPTT&RET
6 Dec 2016$700,00018ESINGLE RESIDENTIAL COOP UNITRPTT&RET
22 Nov 2016$765,00018ESINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Nov 2016$690,00020BSINGLE RESIDENTIAL COOP UNITRPTT&RET
2 Nov 2016$1,636,00025ASINGLE RESIDENTIAL COOP UNITRPTT&RET
148 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them.
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.

By year

YearTransfersMedian recordedLowestHighest
20263$785,000$775,000$1,500,000
20253$700,000$455,000$725,000
20245$862,500$485,000$1,375,000
20232$810,000$770,000$850,000
20225$845,000$785,000$1,550,000
20212$792,500$775,000$810,000
20202$625,500$436,000$815,000
20196$740,000$445,000$1,450,000
20182$632,500$450,000$815,000
20176$750,000$615,000$1,975,000
201614$705,500$445,000$1,636,000
20159$620,000$395,000$1,475,318
20147$615,000$407,000$1,200,000
20136$538,000$362,000$960,000
201213$519,000$340,000$1,020,000
20115$429,000$370,000$895,000
20104$463,750$320,000$550,000
20096$427,500$328,000$490,000
20087$475,000$325,000$549,000
200711$439,000$320,000$530,050
200610$446,250$328,000$680,000
200512$406,750$215,000$680,000
20047$362,500$230,000$631,000
20031$395,000--
02

The building on the lot

Section through the lot

LOT 9,535 SQ FT27
Drawn from PLUTO: 27 storeys, 114,407 sq ft of building on 9,535 sq ft of lot, an average floor plate covering 44% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
9,535 sq ft
Building area
114,407 sq ft
Residential area
110,533 sq ft
Commercial area
3,874 sq ft
Office area
-
Retail area
1,674 sq ft
Buildings on the lot
1
Built floor area ratio
12
Residential FAR permitted
10
Zoning district
C6-4A
03

Assessment

Assessed land value
$2,722,500
Assessed total value
$18,359,100
Exempt value
$101,602
Assessed per residential unit
$124,048

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
D4ELEVATOR COOPERATIVE
Neighbourhood
Murray Hill-Kips Bay
ZIP code
10016
Community district
Manhattan 5
Council district
2
Coordinates
40.743373, -73.983627
05

Other buildings in Murray Hill-Kips Bay

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
333 EAST 30 STREETRM1,1171962733$795k
500 2 AVENUED689419751-
235 EAST 42 STREETD688419600-
330 EAST 38 STREETRM8301989858$1.17m
1 TUDOR CITY PLACED47991930634$320k
151 EAST 31 STREETD670919880-
300 EAST 40 STREETRM5861967475$765k
219 EAST 42 STREETD656119050-
685 FIRST AVENUERM5562016151$2.41m
330 EAST 39 STREETD651019800-
630 1 AVENUERM4841984427$875k
222 EAST 34 STREETD848020020-

Every building on file in Murray Hill-Kips Bay