2 Days Ago
Highlights
- Private balcony
- Fitness center
- Laundry facilities
- Rooftop deck
- Oversized windows
- City views
Location
407 Park Ave S, New York, NY 10016, USA|Kips Bay
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Property management
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Property Overview
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- High school nearby
- Images available
Great for
Wellness
Work-from-home
Social life
Amenities for 407 Park Ave S, Kips Bay
Apartment Amenities
| Balcony | Furnished |
| Walk-in Closet |
Appliances
| Dishwasher |
Building
| Elevator | Fitness Center |
| Onsite Laundry | Residents Lounge |
| Roof Deck |
Grounds
| Storage |
Services
| Door Attendant | On-Site Management |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 407 Park Ave S
ZMP95653240 - The Coveted High-Floor A-Line at The Ascot is a sun-drenched, corner 2-bedroom, 2-bathroom residence with private balcony in the prestigious Ascot cooperative. Perched on a high floor, this home boasts six oversized windows with open southern and western exposures, offering breathtaking city views that stretch all the way downtown. Beautifully renovated by the current owner, a licensed architect, the home features a spacious layout-ideal for both living and entertaining. The generous living room opens onto a private balcony overlooking East 28th Street and Park Avenue South. The windowed kitchen and bathroom further enhance the home\'s brightness and functionality. The extra-large primary suite includes an en-suite bath and ample closet space. Additional highlights include abundant storage throughout and a dedicated storage unit within the building. The Ascot is a full-service, pet-friendly cooperative offering 24-hour doorman service, a live-in resident manager, fitness center, laundry facilities, and a beautifully furnished rooftop deck complete with lounge chairs, a grill, and sweeping panoramic views of the Manhattan skyline. The building has recently undergone a stunning renovation, featuring a brand-new lobby and refreshed hallways. Conveniently located with immediate access to the subway and all the vibrant offerings of NoMad, Flatiron and Midtown.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 407 Park Avenue South, New York, NY 10016, USA compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.3 mile away
- High school nearby
- There is a high school 0.2 mile away
- Images available
- There are at least 10 photos of this address
- Roof deck
- Access to public roof space
- Walk-in closet
- Rentals here may include more closet space than average
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.3 mile away
Address details
| Neighborhood | Kips Bay |
|---|---|
| Zip code | 10016 |
| Type | Apartment for rent |
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Rent trends in Kips Bay
2-bedroom apartments at 407 Park Ave S cost about 36% more than the average rent price for 2-bedroom apartments in New York.
Median rents as of Oct 18 2025.
Kips Bay
New York
| Month | Median Rent |
|---|---|
| November 2023 | $4,921 |
| December 2023 | $4,705 |
| January 2024 | $4,511 |
| February 2024 | $4,660 |
| March 2024 | $4,713 |
| April 2024 | $5,016 |
| May 2024 | $4,696 |
| June 2024 | $4,736 |
| July 2024 | $4,935 |
| August 2024 | $5,209 |
| September 2024 | $5,381 |
| October 2024 | $5,594 |
| November 2024 | $5,467 |
| December 2024 | $5,162 |
| January 2025 | $5,322 |
| February 2025 | $5,498 |
| March 2025 | $5,620 |
| April 2025 | $5,896 |
| May 2025 | $5,539 |
| June 2025 | $5,537 |
| July 2025 | $5,073 |
| August 2025 | $5,248 |
| September 2025 | $5,375 |
| October 2025 | $5,224 |
| Month | Median Rent |
|---|---|
| November 2023 | $4,995 |
| December 2023 | $4,945 |
| January 2024 | $4,770 |
| February 2024 | $4,885 |
| March 2024 | $4,775 |
| April 2024 | $4,823 |
| May 2024 | $4,678 |
| June 2024 | $4,676 |
| July 2024 | $5,070 |
| August 2024 | $5,418 |
| September 2024 | $5,257 |
| October 2024 | $5,335 |
| November 2024 | $5,436 |
| December 2024 | $5,268 |
| January 2025 | $5,243 |
| February 2025 | $5,675 |
| March 2025 | $5,779 |
| April 2025 | $5,814 |
| May 2025 | $6,197 |
| June 2025 | $6,063 |
| July 2025 | $5,650 |
| August 2025 | $5,521 |
| September 2025 | $5,720 |
| October 2025 | $5,619 |
Affordability calculator
Can I afford to live at 407 Park Ave S?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$300,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $300,000 annually to afford this 2-bedrooms monthly rent price of $7,500.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 6 months ago | $3,750 | Studio | 1 bath | ||
| 8 months ago | $5,500 | 2 bed | 1 bath | ||
| 1 year ago | $3,500 | Studio | 1 bath | ||
| 2 years ago | $5,300 | 2 bed | 1 bath | ||
| 10 years ago | $2,500 | Studio | 1 bath | ||
| 10 years ago | $3,300 | 1 bed | 1 bath | ||
| 10 years ago | $2,950 | 1 bed | 1 bath | ||
| 12 years ago | $3,500 | 1 bed | 1 bath |
Schools near 407 Park Ave S
P.S. 116 - Mary Lindley Murray
210 e 33rd st
new york, NY, 10016
PK, K-5Public
A-
The 47 American Sign Language & English Lower School
223 e 23rd st
new york, NY, 10010
PK, K-8Public
A-
P.S. 212 - Midtown West
328 w 48th st
new york, NY, 10036
PK, K-5Public
A
New Explorations into Science, Technology & Math School
111 columbia st
new york, NY, 10002
K-12Public
A+
Ella Baker School
317 e 67th st
new york, NY, 10065
PK, K-8Public
A
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Internet available near 407 Park Ave S
Neighborhood
Kips Bay | New York, NY
NEIGHBORHOOD VIBE
Steeped in history
This area is a historical district, full of heritage and cultural landmarks.
Getting around New York near 407 Park Ave S
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
4/10
Roads are accessible, but parking may be a challenge.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 407 Park Ave S, New York
Groceries
10/10
Several grocery stores nearby
Shopping
10/10
Wide variety of shops within a few minutes' walk
Cafes
10/10
Variety of cafés right on the street
Restaurants
10/10
Variety of restaurants right on the street
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Parks
10/10
Very large amount of park space within a few minutes' walk
Nightlife
10/10
Variety of bars right on the street
Explore the area around 407 Park Ave S
KALUSTYAN'S
123 Lexington Ave
Whole Foods Market
63 Madison Ave
Taza Grocery Inc
350 Park Ave S
Clear Markets
470 Park Ave S
Food Maison Corp
135 Madison Ave
Absolute Te-Ma & Co LLC
118 E 28th St
Vintage India NYC
132 Lexington Ave
Heritage India Fashions
131 Lexington Ave
Runway Fashions
418 Park Ave S
Dover Street Market
160 Lexington Ave
Starbucks
424 Park Ave S
Joe Coffee Company
443 Park Ave S
Dunkin'
412 3rd Ave
Dunkin'
455 Park Ave S
Birch Coffee
432 3rd Ave
Whiskey Rebel
129 Lexington Ave
Roof at Park South
125 E 27th St
Turnmill Bar
119 E 27th St
The Park Rooftop
420 Park Ave S
Stone Creek Bar & Lounge
140 E 27th St
Lex 159 Bakery LLC
159 Lexington Ave
Baked Terp Operators LLC
377 Park Ave S
Rose Bakery-Dsny
160 Lexington Ave
Baked Downtown Orlando FL
440 Park Ave S
Pick-A-Bagel Inc
77 Lexington Ave
Vincent F. Albano Jr. Playground
Madison Square Park
Worth Square
Bellevue South Park
Gramercy Park
Wok in the Clouds
127 E 28th St
Little Michaels
118 Lexington Ave
New Naima Kada
124 Lexington Ave
Anjappar
116 Lexington Ave
Murray Hill Market
136 Lexington Ave
Lexington Av / E 28 St
New Dorp - Midtown Manhattan Express, East Village - Fort George, Harlem - East Village, Eltingville - Midtown Manhattan Express, East Harlem - City Hall
Lexington Av / E 31 St
East Harlem - City Hall, East Village - Fort George, Harlem - East Village
Lexington Av / E 26 St
East Village - Fort George, East Harlem - City Hall, Harlem - East Village
Madison Av / E 28 St
Fort George - East Village, Harlem - East Village, Washington Heights - East Village
Madison Av / E 28 St
Sheepshead Bay - Downtown / Midtown, Mill Basin - Downtown / Midtown, Gerritsen Beach - Downtown / Midtown, Canarsie / Spring Creek - Dtwn / Midtown
NEW YORK PENN STATION
Montclair-Boonton Line, Morris & Essex Line, Gladstone Branch, Northeast Corridor, North Jersey Coast Line, North Jersey Coast Line, Raritan Valley Line
Grand Central
Danbury, Harlem, Hudson, New Canaan, New Haven
Penn Station
Babylon Branch, City Terminal Zone, Far Rockaway Branch, Hempstead Branch, Long Beach Branch, Montauk Branch, Oyster Bay Branch, Port Jefferson Branch, Port Washington Branch, Ronkonkoma Branch, West Hempstead Branch
Penn Station
West Hempstead Branch, Port Washington Branch, Long Beach Branch, Hempstead Branch, Oyster Bay Branch, Port Jefferson Branch, Far Rockaway Branch, West Hempstead Branch, Ronkonkoma Branch, Babylon Branch, Port Washington Branch, Far Rockaway Branch, Ronkonkoma Branch, Montauk Branch, Long Beach Branch, Hempstead Branch, City Terminal Zone, Montauk Branch, Babylon Branch, Port Jefferson Branch, Oyster Bay Branch
Grand Central
Port Washington Branch, Ronkonkoma Branch, Long Beach Branch, West Hempstead Branch, Babylon Branch, Long Beach Branch, Ronkonkoma Branch, Port Jefferson Branch, Babylon Branch, West Hempstead Branch, Hempstead Branch, Far Rockaway Branch, Babylon Branch, Far Rockaway Branch, Hempstead Branch, Long Beach Branch, Port Jefferson Branch, Port Washington Branch, Ronkonkoma Branch, West Hempstead Branch, Port Jefferson Branch, Port Washington Branch, Hempstead Branch, Far Rockaway Branch
28 St
Lexington Avenue Express, Lexington Avenue Local, Pelham Bay Park Express, Lexington Avenue Express, Lexington Avenue Local, Pelham Bay Park Express
33 St
Lexington Avenue Express, Lexington Avenue Local, Pelham Bay Park Express, Lexington Avenue Express, Lexington Avenue Local, Pelham Bay Park Express
23 St
Lexington Avenue Express, Lexington Avenue Local, Pelham Bay Park Express, Lexington Avenue Express, Lexington Avenue Local, Pelham Bay Park Express
28 St
Broadway Local, Broadway Express, Broadway Local, Broadway Local, Broadway Local, Broadway Express, Broadway Local, Broadway Local
23 St
Broadway Local, Broadway Express, Broadway Local, Broadway Local, Broadway Local, Broadway Express, Broadway Local, Broadway Local
Other units at this address
407 Park Avenue South, New York, NY
407 Park Avenue South New York, NY
Occupied
PHC
Our team has verified this companyStudio
1 Bath
$3,750
Furnished • On-Site Laundry • Hardwood Floor • Garden
Occupied
5C
Studio
1 Bath
$2,500
Ceiling Fan • On-Site Laundry • Dishwasher • Deck
Occupied
Studio, 1 Bath
Studio
1 Bath
$3,500
On-Site Laundry
Occupied
7E
1 Bed
1 Bath
$3,300
Furnished • On-Site Laundry • Hardwood Floor • Balcony
Occupied
2 Beds, 1 Bath
2 Beds
1 Bath
$5,500
On-Site Laundry • Dishwasher
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