Manhattan condos · below 96th $1,600/sf ▴2%Manhattan co-ops · below 96th $270K/room ▴2%Central Park perimeterPark Ave $478K/room ▴19%CPW $355K/room ▾5%Fifth Ave $501K/room ▴19%Billionaires' Row $4,313/sf ▴24%FiDi $1,172/sf ▾2%
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Cooperative · 1984
The Ascot
407 Park Avenue South, at East 28th Street, in NoMad on the Flatiron corridor
Buildings·Flatiron·Cooperative

The Ascot

407 Park Avenue South, at East 28th Street, in NoMad on the Flatiron corridor

NoMad

BBL 1008840001 · BIN 1018204

CorridorFlatiron
At a glance
Year built
1984
Type
Cooperative
Units
148
Floors
27
Landmark
No
Amenities
Full-time doorman and concierge, resident superintendent, roof deck, gym, central laundry, bicycle room and storage
The Data Room

Every recorded sale at this building, 2003–2026

Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.

1BR median
$818K
Recent range
$455K – $1.4M
Listing discount
0.6%
Recorded transfers
167
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at The Ascot would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.

The Ascot is a 1984 cooperative tower at Park Avenue South and East 28th Street, designed by Philip Birnbaum & Associates and developed by the Peter Kalikow Organization. Its brick exterior, repeated balconies and setback plaza give it a distinct position on an avenue with a substantial commercial building stock. Residential ownership here comes with a staffed lobby and shared recreation facilities.

The plaza is part of the building's original urban arrangement. City Planning identifies it as a privately owned public space, and the local subway entrance sits at this corner. The tower's side-street entrance separates the arrival sequence from the avenue frontage. The open area at the base and the residential roof deck serve different purposes: one belongs to the public-space network and the other is a building amenity.

The apartment mix gives the cooperative a broad resale market. Studios and one-bedrooms appear alongside two-bedroom corner homes and combinations. Private balconies occur in multiple layout categories, so outdoor space is available beyond the largest apartments. Upper-floor outlooks can extend along Park Avenue South and over the surrounding street grid.

Architecture and unit composition

The building has a repetitive tower plan, a brick envelope and projecting outdoor areas. Its avenue setback leaves space between the main residential mass and the sidewalk. At street level, commercial frontage and the plaza establish a different scale from the apartments above.

Residential layouts include compact studios, one-bedroom homes with separate dining areas and larger two-bedroom, two-bath arrangements. Windowed kitchens and bathrooms occur in several lines. The corner homes can provide two exposures, with the living and dining areas sharing access to a balcony. Some one-bedrooms also have private balconies, while others have entirely interior floor area.

Apartment size remains important even at the top of the building. The penthouse inventory includes both smaller homes and substantially larger plans; a penthouse designation does not identify a single apartment category. Combined residences also appear in the transfer history, extending the building's size range beyond its recurring original layouts.

Renovation has changed kitchens, baths and room openings in individual apartments over four decades of ownership. A buyer comparing two homes on similar floors may encounter very different kitchen arrangements or storage provisions. The original window positions and balcony locations remain the fixed elements around which those renovations work.

Building operations

The cooperative provides full-time door service, a concierge function and a resident superintendent. Shared facilities include a fitness room, central laundry, bicycle storage and private storage. The landscaped roof deck has seating and barbecue facilities; its 2018 renovation added a substantial outdoor amenity above the tower.

The roof is a shared destination for residents whose own apartments may have no outdoor space. Access to it is separate from the private balconies attached to particular homes. Central laundry provides the common washing facility; buyers should establish apartment-specific installation rights before treating a renovated kitchen or closet as space for a washer and dryer.

The corporation is responsible for a residential tower and its associated street-level property. The public plaza also creates a distinct operating obligation: it is privately maintained public space. Its use and maintenance cannot be treated as equivalent to a private courtyard reserved for shareholders.

DOF shows no property-wide abatement. Cooperative maintenance incorporates the building's tax burden along with its operating costs. The stated zoning floor-area ratio is below the built density, a characteristic of the existing development that does not by itself confer additional buildable area.

Policy framework

Financing: Confirm current terms with the managing agent.

Pets: Cats and dogs permitted — confirm with the managing agent.

Pied-à-terre ownership and co-purchasing: Permitted — confirm with the managing agent.

Subletting: Permitted subject to the cooperative's requirements — confirm with the managing agent.

Recent sales

Recent transfers at this building, curated by The Roebling Team research desk. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.

DateUnitApartmentPricePPSFvs. Ask
Jul 28, 20269D
1 BR · 1 BA
$885,000-1.7%
Jun 8, 2026PHA
2 BR · 2 BA · 1,100 sf
$1,500,000$1,364/sf-3.2%
Dec 17, 20259C
1 BA
$455,000-4.2%
Sep 9, 202517F
1 BR · 1 BA
$725,000+0.0%
Jun 10, 202511F
1 BR · 1 BA
$700,000+0.7%
Jun 11, 202411A
2 BR · 2 BA · 1,000 sf
$1,375,000$1,375/sf+0.0%
Apr 3, 202411D
1 BR · 1 BA
$865,000+0.0%
Mar 19, 202424C
1 BA · 500 sf
$485,000$970/sf-11.8%

Market read. Most recent trades (2026) cleared a median $1,364/sf across 1 sale. Median listing discount 2.0% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

Other recent transfers

DateUnitPrice
Oct 17, 200524C$310,000
View all 167 recorded transfers, sortable

Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00884-0001) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.

What would buying here cost?

At the recent median sale of $725K (5 transfers since 2024), a buyer putting 25% down would pay about $11,269 to close, or 1.6% of the price.

  • Mansion tax: $0
  • No mortgage recording tax or title insurance on a co-op purchase
  • Attorneys, lender, building fees and filings: $11,269

Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.

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Comparable buildings

  • Gramercy North: a late-20th-century cooperative tower with a similar broad apartment mix and downtown setting.
  • 407 Third Avenue: a larger postwar cooperative on another avenue, useful for comparing staffed-building ownership at scale.
  • The Peter James: a postwar cooperative of similar inventory size, farther east and south.
  • 35 Park Avenue: a cooperative with comparable overall scale on the Park Avenue corridor north of the commercial transition.
  • The Byron: a postwar cooperative tower for comparing room proportions and avenue access in the surrounding area.
  • Victoria House: a larger postwar cooperative with an established resale market near the same cross-town latitude.

More Flatiron buildings

The neighborhood

For the full corridor — architecture, transit, and pricing across Flatiron — read The Roebling Team Guide to Flatiron.

Preparing a board package for this building?

The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.

How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.

Considering a move at The Ascot?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com