--- title: "16 PARK Avenue #15D, New York City, NY 10016" description: "16 PARK Avenue #15D, New York City, NY 10016 — Murray Hill, New York City, NY. Listing Price $595,000. 1 bed, 1 bath Illustrative Buyer Commission Share of $8,925 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/16-park-avenue-d-15D-ny-10016" source: "Real Estate Rebate Team" status: "Active" --- # 16 PARK Avenue #15D, New York City, NY 10016 Murray Hill, New York City, NY Courtesy of Corcoran Group ## At a Glance - **Listing Price**: $595,000 - **Beds**: 1 - **Baths**: 1 - **Common Charges**: $2,428 / mo - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $595,000 - **Illustrative Buyer Commission Share**: -$8,925* - **Illustrative Net Cost**: $586,075 *Illustrative Buyer Savings of $8,925 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![16 PARK Avenue #15D, New York City, NY 10016 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/df1d2b1d-6e94-48fb-b65b-cccb77a17210.jpg) ![16 PARK Avenue #15D, New York City, NY 10016 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2fb8fc4e-6a0b-45e0-8ca0-02fda380a58d.jpg) ![16 PARK Avenue #15D, New York City, NY 10016 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fdd2f80f-de03-416b-84ec-fd0d8c4e3218.jpg) ![16 PARK Avenue #15D, New York City, NY 10016 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9b9b6ea4-d339-4d28-a325-dd1179331efa.jpg) ![16 PARK Avenue #15D, New York City, NY 10016 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c8047180-8ea9-4e89-ac5b-4c58c60d7863.jpg) ![16 PARK Avenue #15D, New York City, NY 10016 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1f6e9cbc-765e-45d4-9990-23fb04269aaa.jpg) ![16 PARK Avenue #15D, New York City, NY 10016 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cf4ade10-3566-4c39-a3fb-f6a7f9d54b15.jpg) ![16 PARK Avenue #15D, New York City, NY 10016 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a1f7bfb5-adda-42cf-9baf-94bb470f4300.jpg) ![16 PARK Avenue #15D, New York City, NY 10016 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c3215cb6-a18b-46ed-a277-a15744e003b0.jpg) ![16 PARK Avenue #15D, New York City, NY 10016 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5bdeb8f8-abff-4ffb-b206-f12c9d98799f.jpg) ## Property Overview Welcome home to Apartment 15D at 16 Park Avenue. This high-floor, sun-filled one-bedroom one bathroom residence located on the coveted corner of East 35th Street and Park Avenue is truly one-of-a-kind. Upon entering, you are greeted by a gracious foyer leading to a windowed kitchen designed with both form and function in mind, featuring stainless steel appliances along with generous cabinet and counter space. The expansive living area is bright, open, and serene, anchored by three oversized windows that flood the space with natural Southern light. The beautifully restored hardwood floors, high beamed ceilings & spacious area are ideal for everyday living and entertaining. A built-in bookshelf only adds to the prewar charm & character, while abundant storage enhances everyday functionality. The corner bedroom enjoys both Southern & Eastern exposures, offering natural light throughout the day. This tranquil retreat features an en-suite bathroom and a spacious walk-in closet, combining comfort with convenience. 16 Park Avenue is an intimate and well-regarded boutique prewar cooperative, built in 1924 by Fred French. Residents enjoy an attended lobby, a live-in super, a landscaped garden, central laundry, storage, and a bike room. Perfectly positioned, the building offers exceptional access to some of the city's best dining, shopping, and entertainment, as well as unparalleled transportation options, including: Grand Central and Penn Station, the 4/5/6, B/D/F/M, N/Q/R/W, and 7/S subway lines. Pets, pied-à-terres, and co-purchasing are all allowed. This is a rare opportunity to own a bright, charming, high floor move-in ready home in a prime Park Avenue location. Please note: There is currently a $232 monthly assessment in place. Some images have been virtually rendered for illustrative purposes. ## Property Details - **Property Type**: Co-op - **Beds**: 1 - **Baths**: 1 - **Rooms**: 3 - **Stories**: 16 - **Year Built**: 1924 - **Common Charges**: $2,428 / Monthly - **Listed On**: Apr 25, 2026 - **Days on Market**: 141 Days ### Residence Features - Building Other - Building Courtyard - Dining Area - High Ceilings - Walk-In Closet(s) - Dishwasher - City - Panoramic ## Sales Evidence ### Recent closed sales 18 apartments at 16 PARK Avenue have recorded sales since September 2021, the most recent for $599,000 in July 2025. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 13D (Apartment) | 1 | — | $599,000 | — | July 18, 2025 | City record · MLS | | 7A (Apartment) | — | — | $700,000 | — | May 15, 2025 | City record | | 7D (Apartment) | 1 | — | $532,500 | — | October 28, 2024 | City record · MLS | | 12B (Apartment) | 1 | — | $620,000 | — | August 29, 2024 | City record · MLS | | 8C (Apartment) | 1 | — | $515,000 | — | June 20, 2024 | City record · MLS | | 5B (Apartment) | 1 | — | $589,000 | — | May 30, 2024 | City record · MLS | | 16A (Apartment) | 2 | 1,006 | $847,552 | $842/ft² | April 24, 2024 | City record · MLS | | 3C (Apartment) | 1 | — | $615,000 | — | July 10, 2023 | City record · MLS | | 14C (Apartment) | 1 | — | $572,000 | — | May 19, 2023 | City record · MLS | | 15C (Apartment) | — | — | $547,000 | — | February 15, 2023 | City record | | 15B (Apartment) | 1 | 820 | $610,000 | $744/ft² | February 7, 2023 | City record · MLS | | 6D (Apartment) | 1 | — | $585,000 | — | December 22, 2022 | City record · MLS | | 12D (Apartment) | — | — | $285,000 | — | December 22, 2022 | City record | | 2B (Apartment) | — | — | $580,000 | — | December 14, 2022 | City record | | 13/14 (Apartment) | — | — | $1,621,819 | — | August 25, 2022 | City record | | 9B (Apartment) | 1 | — | $645,000 | — | February 25, 2022 | City record · MLS | | 3D (Apartment) | 1 | — | $587,000 | — | February 2, 2022 | City record · MLS | | 2D (Apartment) | 1 | — | $575,000 | — | January 24, 2022 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares The median closed price for comparable one-bedroom sales at 16 PARK Avenue is $588,000, based on 12 sales between January 2022 and July 2025. This home is asking $595,000, $7,000 above that median. The middle half of those sales closed between $574,250 and $611,250. - **Median closed price**: $588,000 - **Middle half**: $574,250 – $611,250 - **Based on**: 12 one-bedroom sales at 16 PARK Avenue - **Period**: January 2022 – July 2025 Square footage is recorded for only 1 of these 12 sales (8%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest. Across the 10 of these sales with a published asking price, the median closed at 92% of what it originally asked. 80% of them closed below the original ask. ### How these sales were negotiated - **Sold vs original ask**: 92% of the original ask - **Closed below ask**: 80% of 10 sales - **Listed → in contract**: 168 days (about 24 weeks) - **In contract → closed**: 76 days (about 11 weeks) Across the 10 of these sales with a published asking price, the median closed at 92% of what it originally asked. 80% of them closed below the original ask. Half of these homes were in contract within 168 days (about 24 weeks) of coming to market, based on the 11 with a recorded listing date. Once a deal was agreed, closing took a further 76 days (about 11 weeks), based on the 11 with both dates recorded. A co-op board package and its interview account for much of that. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 12 one-bedroom sales at 16 PARK Avenue, January 2022 – July 2025. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for co-op one-bedroom sales in Murray Hill, 2016 to 2026. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2016 | $668,000 | 18 | | 2017 | $697,500 | 74 | | 2018 | $668,944 | 62 | | 2019 | $660,000 | 55 | | 2020 | $600,000 | 27 | | 2021 | $586,250 | 84 | | 2022 | $585,000 | 90 | | 2023 | $640,000 | 75 | | 2024 | $635,000 | 65 | | 2025 | $599,500 | 64 | | 2026 | $667,500 | 36 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Murray Hill instead. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 16 PARK Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/16-park-avenue) ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 64 apartments. The corporation’s 2026 property tax bill was $944,816 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit. [See the full property tax history for 16 PARK Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/16-park-avenue) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 16 PARK Avenue Murray Hill · Stock Cooperative 16 PARK Avenue, New York, NY 10016 A building in Murray Hill, currently featuring 4 active listings. - **Year Built**: 1924 - **Total Units**: 4 - **Floors**: 16 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/16-park-avenue) ### Available Residences — For Sale (4) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [15D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/16-park-avenue-d-15D-ny-10016) | 1 | 1 | — | — | $595,000 | Corcoran Group | Apr 25, 2026 | 140 days | | [7A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/16-park-avenue-7a-ny-10016) | 2 | 1 | — | — | $725,000 (-6.5%) — In contract | Compass | Sep 5, 2024 | 737 days | | [12C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/16-park-avenue-c-12C-ny-10016) | 1 | 1 | 750 sqft | $867 | $650,000 | Corcoran Group | Jun 12, 2026 | 92 days | | [10B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/16-park-avenue-10b-ny-10016) | 1 | 1 | 820 sqft | $634 | $520,000 | Brown Harris Stevens Residential Sales LLC | Aug 19, 2026 | 24 days | ## Estimated Monthly Payment **$5,437 / month**, assuming a 20% down payment ($119,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $3,009 - **Common Charges**: $2,428 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Murray Hill Overview of Murray Hill [Explore Murray Hill](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Murray Hill - [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown) - [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) - [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district) - [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district) - [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy) - [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town) ## Related Links - [16 PARK Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/16-park-avenue) - [Murray Hill neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > 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. ©2026 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.