--- title: "7 Park Avenue #9I, New York City, NY 10016" description: "7 Park Avenue #9I, New York City, NY 10016 — Murray Hill, New York City, NY. Listing Price $450,000. Studio bed, 1 bath Illustrative Buyer Commission Share of $6,750 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/7-park-avenue-i-9I-ny-10016" source: "Real Estate Rebate Team" status: "Active" --- # 7 Park Avenue #9I, New York City, NY 10016 Murray Hill, New York City, NY Courtesy of Compass ## At a Glance - **Listing Price**: $450,000 - **Beds**: Studio - **Baths**: 1 - **Common Charges**: $1,124 / 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**: $450,000 - **Illustrative Buyer Commission Share**: -$6,750* - **Illustrative Net Cost**: $443,250 *Illustrative Buyer Savings of $6,750 — 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) ![7 Park Avenue #9I, New York City, NY 10016 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/152ed5e1-9ca7-4d0d-840c-33e284f6e39c.jpg) ![7 Park Avenue #9I, New York City, NY 10016 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/92c5af78-7ecd-4192-96e8-d759464ddfd8.jpg) ![7 Park Avenue #9I, New York City, NY 10016 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/69e0ab62-34e0-4784-b9de-6f6e51b91146.jpg) ![7 Park Avenue #9I, New York City, NY 10016 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e485bb5d-5910-4902-9e5c-ed6822b6913c.jpg) ![7 Park Avenue #9I, New York City, NY 10016 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/23e6a2ce-98b6-4e98-9823-8914e4e70ce6.jpg) ![7 Park Avenue #9I, New York City, NY 10016 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/882df305-d9d0-4fe7-a025-8d40b034d4c4.jpg) ![7 Park Avenue #9I, New York City, NY 10016 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/83f5d3c8-202c-44eb-9325-221f2f5bfff4.jpg) ![7 Park Avenue #9I, New York City, NY 10016 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/72af768f-dd51-4ffb-b0af-12859f880178.jpg) ![7 Park Avenue #9I, New York City, NY 10016 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a02bed9d-8cb6-439d-934d-e3d6e1f72648.jpg) ![7 Park Avenue #9I, New York City, NY 10016 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f4ebdc14-9915-4e0a-bbde-04eeacfa85e2.jpg) ## Property Overview STUDIO PERFECTION Whether you seek a well located pied a terre or your very first apartment, this incredible studio will not disappoint. Gorgeous, iconic views of NYC’s midtown skyline, including the Chrysler Building, create a stunning backdrop for an equally stunning home….replete with distinctive prewar details and renovated with love. Enter through a welcoming hallway that ushers you through a curved archway to the main living space. This entry provides a perfect spot to showcase your art or family photos. This area is also home to 2 very large closets. The main living area is anchored by restored hardwood floors, high beamed ceilings and framed by a huge, oversized triple window with majestic city views beyond. The kitchen has been fully renovated with stainless appliances, including a dishwasher, honed slate counters with glass tile backsplash, ample cabinetry to the ceiling, slate floors and a large pass-through to the living area allow light and views to flood this delightful work area. The bathroom is vintage perfection, boasting a deep cast-iron soaking tub, pretty tile work and a pedestal sink. This corner high floor gem is quietly situated at 7 Park Avenue, built Circa 1930 and designed by Emery Roth. Residents enjoy a caring staff including a full-time doorman, concierge and live-in Superintendent. Amenities include a landscaped roof deck with spectacular city views, central laundry, bike storage, and a stunning marble lobby. Pets are welcome with Board approval. This is a no smoking building. You will love living in the heart of thriving Murray Hill, proximate to endless dining options, shopping, easy transportation to all points Manhattan and beyond. There is also a parking garage next door to the building offering discount rates to residents of 7 Park. This serenely beautiful home awaits. Cap Assessment 23.60/month thru Feb 2028 Commercial Maintenance Surcharge 50.99/month Insurance surcharge 52.70/month ## Property Details - **Property Type**: Co-op - **Baths**: 1 - **Rooms**: 2 - **Stories**: 22 - **Year Built**: 1923 - **Common Charges**: $1,123.93 / Monthly - **Listed On**: May 18, 2026 - **Days on Market**: 117 Days ### Residence Features - Common On Floor - Common Area - Garage - Building Roof Deck - High Ceilings - Soaking Tub - Dishwasher - Stainless Steel Appliance(s) - Hardwood - Security Guard - City ### Building Amenities - Garage ## Sales Evidence ### How this price compares The median closed price for comparable co-op studio sales in Murray Hill is $370,000, based on 105 sales between September 2024 and July 2026. This home is asking $450,000, $80,000 above that median. The middle half of those sales closed between $327,000 and $410,000. - **Median closed price**: $370,000 - **Middle half**: $327,000 – $410,000 - **Based on**: 105 co-op studio sales in Murray Hill - **Period**: September 2024 – July 2026 Square footage is recorded for only 29 of these 105 sales (28%), 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 103 of these sales with a published asking price, the median closed at 95.3% of what it originally asked. 85% 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 Murray Hill instead. ### How these sales were negotiated - **Sold vs original ask**: 95.3% of the original ask - **Closed below ask**: 85% of 103 sales - **Listed → in contract**: 92 days (about 13 weeks) - **In contract → closed**: 85 days (about 12 weeks) Across the 103 of these sales with a published asking price, the median closed at 95.3% of what it originally asked. 85% of them closed below the original ask. Half of these homes were in contract within 92 days (about 13 weeks) of coming to market, based on the 103 with a recorded listing date. Once a deal was agreed, closing took a further 85 days (about 12 weeks), based on the 102 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 105 co-op studio sales in Murray Hill, September 2024 – July 2026. 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 studio 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 | $405,000 | 18 | | 2017 | $412,500 | 56 | | 2018 | $408,918 | 54 | | 2019 | $385,420 | 35 | | 2020 | $362,500 | 25 | | 2021 | $380,000 | 83 | | 2022 | $395,000 | 77 | | 2023 | $380,500 | 54 | | 2024 | $366,278 | 72 | | 2025 | $377,500 | 58 | | 2026 | $358,750 | 24 | 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. ## Price and Property History for 7 Park Avenue, Unit 9I Review the recorded listing activity for 7 Park Avenue, Unit 9I, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $25,000, or 5.3%, on July 29, 2026 - **Originally listed**: May 1, 2026 at $450,000 - **Current asking price**: $450,000 | Date | Price | Listing event | | --- | --- | --- | | July 29, 2026 | $450,000 | Asking price reduced by $25,000, or 5.3% | | May 1, 2026 | $450,000 | Listed for sale by Compass | ## Estimated Monthly Payment **$3,399 / month**, assuming a 20% down payment ($90,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $2,275 - **Common Charges**: $1,124 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 - [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.