--- title: "425 Park Avenue #14CD, New York City, NY 10016" description: "425 Park Avenue #14CD, New York City, NY 10016 — NoMad, New York City, NY. Listing Price $2,795,000. In contract 8/20/2026. 2 bed, 3 bath, 1,960 sqft Illustrative Buyer Commission Share of $41,925 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/425-park-avenue-cd-14CD-ny-10016" source: "Real Estate Rebate Team" status: "Pending" --- # 425 Park Avenue #14CD, New York City, NY 10016 NoMad, New York City, NY Courtesy of Compass ## At a Glance - **Listing Price**: $2,795,000 - **Status**: In contract 8/20/2026 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 2 - **Total Baths**: 3 - **Sqft**: 1,960 - **Common Charges**: $5,700 / mo - **Price per Sqft**: $1,426 - **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**: $2,795,000 - **Illustrative Buyer Commission Share**: -$41,925* - **Illustrative Net Cost**: $2,753,075 *Illustrative Buyer Savings of $41,925 — 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) ![425 Park Avenue #14CD, New York City, NY 10016 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cccc83c8-384b-4cb0-bb11-fb58c280cc71.jpg) ![425 Park Avenue #14CD, New York City, NY 10016 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2e788e51-6c43-4e24-b482-cf4f274c7fc7.jpg) ![425 Park Avenue #14CD, New York City, NY 10016 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f9b93161-a29c-4f2b-be8f-ef513f840b72.jpg) ![425 Park Avenue #14CD, New York City, NY 10016 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/29a5e30b-671f-4ae1-9ee7-0faf811bde64.jpg) ![425 Park Avenue #14CD, New York City, NY 10016 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5dc67722-48c7-4031-94cd-b2b37f4f311b.jpg) ![425 Park Avenue #14CD, New York City, NY 10016 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2b6d6132-1a04-4b43-b06e-441463d12234.jpg) ![425 Park Avenue #14CD, New York City, NY 10016 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/45f5ee33-0106-4006-913e-32d561f9d009.jpg) ![425 Park Avenue #14CD, New York City, NY 10016 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0ea51ac5-56f4-4dfb-9d54-094b0395853f.jpg) ![425 Park Avenue #14CD, New York City, NY 10016 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/73b80f71-6956-4951-9c28-1f5460ba5f25.jpg) ![425 Park Avenue #14CD, New York City, NY 10016 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4bcf7020-02d3-4032-bbd8-dbec39119047.jpg) ## Property Overview Positioned within one of NoMad’s most architecturally distinctive loft buildings, this impeccably renovated corner residence spans approximately 2,000 square feet and reflects a highly considered collaboration with acclaimed West Chin Architects, recognized among New York’s leading design firms. Reimagined with an emphasis on scale, light, and refined materiality, the home offers a rare blend of loft character and contemporary precision. A gracious entry gallery unfolds into an expansive great room defined by soaring 11-foot beamed ceilings, rich hardwood flooring, and ten oversized south- and east-facing windows that bathe the interiors in natural light throughout the day. The proportions are both dramatic and inviting, creating an ideal setting for entertaining as well as everyday living. The open kitchen by Boffi is thoughtfully integrated into the main living space and appointed with a curated suite of premium appliances, including a Gaggenau refrigerator, Wolf range, Miele dishwasher, and Sub-Zero wine refrigeration. Clean lines and custom finishes reinforce the residence’s understated sophistication. Privately situated, the primary suite features a substantial dressing area and walk-in closet, along with a spa-like en suite bath finished with dual vanities and Caesarstone surfaces. A secondary full bath and separate powder room provide flexibility and comfort, while the home’s adaptable layout allows for an easy conversion to an additional bedroom if desired. Additional features include multi-zone central heating and air conditioning and an in unit washer and dryer. Residents enjoy a full complement of amenities within this pet-friendly Art Deco cooperative, including a landscaped rooftop terrace with panoramic Manhattan views, complimentary laundry facilities, lobby attendant, and resident manager. Ideally located moments from Madison Square Park and surrounded by some of downtown’s most celebrated destinations—including the Ace Hotel, Scarpetta, and Eleven Madison Park—the building also offers close proximity to Fotografiska New York, The National Arts Club, and multiple transportation lines. Pied-à-terre ownership is permitted. There is an assessment of 1,079.91/mo until December 31, 2026. ## Property Details - **Property Type**: Co-op - **Beds**: 2 - **Total Baths**: 3 - **Rooms**: 6 - **Sqft**: 1,960 sqft - **Stories**: 20 - **Year Built**: 1927 - **Price per Sqft**: $1,426 - **Common Charges**: $5,700.38 / Monthly - **Listed On**: May 7, 2026 - **Days on Market**: 128 Days ### Residence Features - Central Air - Building Washer Dryer Install Allowed - Common On Floor - Common Area - Building Roof Deck - Entrance Foyer - Eat-in Kitchen - High Ceilings - Walk-In Closet(s) - Dishwasher - Range - Refrigerator - Hardwood - City ## Sales Evidence ### Recent closed sales 9 apartments at Park South Tower have recorded sales since September 2021, the most recent for $850,000 in September 2025. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 2C (Apartment) | 1 | 1,000 | $850,000 | $850/ft² | September 16, 2025 | MLS | | 15A (Apartment) | 1 | — | $900,000 | — | September 10, 2024 | MLS | | 20D (Apartment) | 1 | — | $1,195,000 | — | June 25, 2024 | MLS | | 5B (Apartment) | 3 | — | $2,600,000 | — | September 2, 2022 | MLS | | 18D (Apartment) | 1 | 1,000 | $1,350,000 | $1,350/ft² | June 1, 2022 | MLS | | 6B (Apartment) | 2 | 1,000 | $1,192,500 | $1,193/ft² | April 28, 2022 | MLS | | 18A (Apartment) | 1 | — | $980,000 | — | March 18, 2022 | MLS | | 8D (Apartment) | — | — | $939,649 | — | February 17, 2022 | City record | | 4A (Apartment) | 1 | — | $840,000 | — | January 18, 2022 | 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 co-op two-bedroom sales in NoMad is $1,395,000, based on 3 sales between August 2025 and December 2025. This home is asking $2,795,000, $1,400,000 above that median. The middle half of those sales closed between $1,275,000 and $1,835,000. - **Median closed price**: $1,395,000 - **Middle half**: $1,275,000 – $1,835,000 - **Based on**: 3 co-op two-bedroom sales in NoMad - **Period**: August 2025 – December 2025 Square footage is recorded for only 2 of these 3 sales (67%), 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 3 of these sales with a published asking price, the median closed at 92.4% of what it originally asked. 100% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from NoMad instead. ### How these sales were negotiated - **Sold vs original ask**: 92.4% of the original ask - **Closed below ask**: 100% of 3 sales - **Listed → in contract**: 99 days (about 14 weeks) - **In contract → closed**: 89 days (about 13 weeks) Across the 3 of these sales with a published asking price, the median closed at 92.4% of what it originally asked. 100% of them closed below the original ask. Half of these homes were in contract within 99 days (about 14 weeks) of coming to market, based on the 3 with a recorded listing date. Once a deal was agreed, closing took a further 89 days (about 13 weeks), based on the 3 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 3 co-op two-bedroom sales in NoMad, August 2025 – December 2025. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. 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 Park South Tower](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/park-south-tower) ## Price and Property History for 425 Park Avenue, Unit 14CD Review the recorded listing activity for 425 Park Avenue, Unit 14CD, including asking-price changes and prior market dates. - **Entered contract**: August 20, 2026 - **Last sold**: $2,495,000 on February 11, 2021 | Date | Price | Listing event | | --- | --- | --- | | August 20, 2026 | $2,795,000 | Entered contract | | April 20, 2026 | $2,795,000 | Listed for sale by Compass | | April 21, 2021 | $2,495,000 | Entered contract | | February 11, 2021 | $2,495,000 | Sold | | October 22, 2019 | $2,895,000 | Listed for sale by Elliman | ## Property Taxes This apartment is part of a co-op that is taxed as one lot. The corporation’s 2026 property tax bill was $18,345,864 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 Park South Tower](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/park-south-tower) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### Park South Tower NoMad · Stock Cooperative 425 PARK Avenue, New York, NY 10016 A building in NoMad, currently featuring 4 active listings. - **Year Built**: 1927 - **Total Units**: 4 - **Floors**: 20 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/park-south-tower) ### Available Residences — For Sale (4) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [14CD](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/425-park-avenue-cd-14CD-ny-10016) | 2 | 3 | 1,960 sqft | $1,426 | $2,795,000 — In contract | Compass | May 7, 2026 | 128 days | | [3C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/425-park-avenue-c-3C-ny-10016) | 1 | 2 | 1,000 sqft | $850 | $850,000 (-2.9%) — In contract | Brown Harris Stevens Residential Sales LLC | Mar 4, 2026 | 192 days | | [19D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/425-park-avenue-d-19D-ny-10016) | 1 | 2 | — | — | $999,000 (-8.8%) | Brown Harris Stevens Residential Sales LLC | Apr 15, 2026 | 150 days | | [20D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/425-park-avenue-20d-ny-10016) | 1 | 1 | — | — | $1,195,000 | Serhant | Sep 9, 2026 | 3 days | ## Estimated Monthly Payment **$19,833 / month**, assuming a 20% down payment ($559,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $14,133 - **Common Charges**: $5,700 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Potential NYC Second-Home Tax This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price. [Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator) ## NoMad Overview of NoMad [Explore NoMad](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nomad) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby NoMad - [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy) - [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) - [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) - [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village) - [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) - [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town) ## Related Links - [Park South Tower — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/park-south-tower) - [NoMad neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nomad) - [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.