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High-Floor Residential Income Property
New
For Sale
$695,000

1199 PARK Avenue 16E, New York City, NY 10128

South-facing alcove studio with a private balcony, renovated kitchen, and flexible sleeping and work areas.

Property SizeContact for details
Days on Market6

Property Features for 1199 PARK Avenue 16E

General Information

Standard status Active
Property subtype Apartment

Units

Unit Mix 1 x alcove studio - Junior One-Bedroom
Multifamily Units 1

Additional Details

Public Transit Yes

Amenities

private balcony
doorman
concierge
roof deck
herb garden
laundry on alternating floors
private storage
bike storage
live-in superintendent
garage
electric shades
wood-look laminate flooring
basement storage shelf
through-the-wall air conditioning
dishwasher
gas range
microwave
cast-iron soaking tub

Building Details

Year Built 1961
Listing Agency: Douglas Elliman Real Estate
Listed By: John H Barnett · License #40BA1133721
Source: Miradorrealestate
Added: Aug 17 Changed: Aug 20 Last Checked: Aug 22 at 12:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman Real Estate

Investment Insights

Based on property information with market context.

This 16th-floor south-facing alcove studio, also configured as a junior one-bedroom, includes a private balcony and open views toward the Jacqueline Kennedy Onassis Reservoir and East River. The residence has a spacious living and dining area, a queen-sized sleeping alcove, generous closet storage, and a walk-through closet that can serve as a home office. Through-the-wall air conditioning, electric living-room shades, and wood-look laminate flooring are also included.

The renovated kitchen features light granite counters, gray cabinetry, a dishwasher, five-burner gas range and oven, and built-in microwave. An updated bathroom offers a large cast-iron soaking tub. The sale includes a basement storage shelf, while the building provides full-time doorman and concierge service, a planted roof deck with herb garden, laundry on alternating floors, private and bike storage, a live-in superintendent, and an independently operated garage with discounted resident rates. Two pets are permitted per apartment, with dogs limited to 50 pounds. Gifting, co-purchasing, and pied-à-terre use are permitted case by case.

Key Highlights

  • 16th‑floor south‑facing residence with private balcony
  • Open views of the Jacqueline Kennedy Onassis Reservoir and East River
  • Renovated kitchen with stainless‑steel appliances and five‑burner gas range

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Auto Repair Shop Kitchen & Bath Showroom Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

17,744
Businesses Nearby

Demographics for 10128, NY

64,249
Population
35,940
Households
1.8
Avg Household Size
38
Median Age
77%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
128,498
Density / Sq Mi
$148,705
Median Household Income
$103,078
Median Earnings
$2,648
Median Rent
$1,295,600
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - South-facing alcove studio with a private balcony, renovated kitchen, and flexible sleeping and work areas.
Where is this residential income property located?
The property is located at 1199 PARK Avenue 16E New York City, NY.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 16th‑floor south‑facing residence with private balcony; Open views of the Jacqueline Kennedy Onassis Reservoir and East River; Renovated kitchen with stainless‑steel appliances and five‑burner gas range
More about this property
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