---
title: "407 PARK Avenue #PHA, New York, NY 10016"
description: "407 PARK Avenue #PHA, New York, NY 10016 — NYC real estate listing on Real Estate Rebate Team. Priced at $1,500,000. Est. potential buyer savings up to $37,500 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/407-park-avenue-pha-PHA-ny-10016"
source: "Real Estate Rebate Team"
---

# 407 PARK Avenue #PHA, New York, NY 10016

> **Listing Courtesy of:** Corcoran Group

## Description

Welcome to Penthouse A at The Ascot - 407 Park Avenue South, a 2-bedroom, 2-bathroom post war cooperative located in the NoMad neighborhood. Situated on the 27th floor, the apartment offers amazing open city views with southern and western exposures that provide excellent natural light throughout the day.The home features a renovated, windowed kitchen with Viking Stove and Custom Cabinetry, Renovated Windowed bath, wide-plank wood floors, recessed lighting and a dedicated dining area. The living room is generously sized and opens through French doors to a private balcony. The split bedroom layout provides great closet space. The apartment also includes a private storage unit.
 The Ascot is a full-service, pet-friendly building (two pets permitted) with a renovated lobby and hallways and only six apartments per floor. Amenities include a full-time doorman, landscaped courtyard, laundry room, fitness center, and amazing roof deck with lounge seating, barbecue, and outdoor shower. Located in NoMad, the building is accessible to transportation, parks, restaurants, and cultural destinations, making it convenient for both work and leisure. Penthouse A offers a well-balanced combination of space, light, and amenities in a central Manhattan location.
 
 The Ascot allows 75 percent financing of the purchase price, no flip tax , co-purchasing and gifting allowed.

## Property Details

- **Price**: $1,500,000
- **Potential Buyer Rebate**: $37,500
- **Bedrooms**: 2
- **Bathrooms**: 2
- **Living Area**: 1,100 sqft
- **Property Type**: Residential
- **Year Built**: 1984
- **Neighbourhood**: NoMad
- **Area / Borough**: Manhattan
- **Subdivision**: NoMad
- **Listing Office**: Corcoran Group
- **State**: NY

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$37,500** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/manhattan/nomad)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

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> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

> 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.