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71 Park Ave #3B, New York, NY, 10016

3beds
2baths
1,579sqft
$2,495,000
$1,580price/sqft
$17,281/moest. monthly cost
$691,240/yrincome needed

About This Home

Rarely Available Classic Pre War Park Avenue Condominium Located in a pristine 1924 boutique condominium building with just 43 residences. designed by renowned architects Walker & Gillette, this wonderful three-bedroom, two-bathroom condominium perfectly blends classic pre-war charm with thoughtful modern updates. The expansive living room features high beamed ceilings, rich oak hardwood floors, and custom built-ins. The centerpiece of the room is the wood-burning fireplace with a gorgeous grey marble mantel. Two oversized casement windows frame beautiful views of tree-lined Park Avenue. Elegant double French doors lead into a versatile third bedroom, which easily serves as a formal dining room or a private home office. The open-concept kitchen was fully renovated a few years back and tailored for cooking and entertainment. It features premium white Caesarstone countertops, custom walnut and white cabinetry, an integrated wine cooler, and a discrete garbage disposal. The space is equipped with top-of-the-line appliances, including a Wolf gas range, a Sub-Zero refrigerator, and a Bosch dishwasher, all complemented by recessed lighting and motorized blinds. The Private Suites The primary bedroom suite offers a serene retreat with excellent storage, featuring two walk-in California Closets, a linen closet, and custom built-in cabinetry. Its en-suite marble bathroom includes a double vanity, a rainforest shower, and an oversized Jacuzzi soaking tub with an automated self-cleaning feature. Positioned down a separate hallway for maximum privacy, the second bedroom is pin-drop quiet and faces the building's inner courtyard. The adjacent second bathroom is windowed, finished with natural ceramic tile, and features a glass stall shower Premium Upgrades & Amenities In-Unit Laundry: Convenient hallway closet featuring a Bosch washer and dryer. High-End Finishes: Lutron dimmable recessed lighting, Hansgrohe fixtures, and custom California Closets throughout. Storage & Extras: Private basement storage unit included with the apartment. Building Features: 24-hour doorman, live-in superintendent, central laundry room, and a bicycle room. The Location Situated on a highly coveted, tree-lined block in Murray Hill, 71 Park Avenue is just moments away from world-class dining, upscale shopping, neighborhood parks, and major transportation hubs, this home offers the perfect combination of luxury, privacy, and convenience A monthly special assessment of $1,033 is currently in effect.

Getting Around

99
WalkingWalker's Paradise
100
TransitRider's Paradise
79
BikeVery Bikeable

Schools

5/10
8/10
Jhs 104 Simon BaruchGrades 6-81.0 mi

Construction

Condition

  • Year built: 1924

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Cooling

  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,579
  • Total interior livable area: 1,579 sqft

Property

Details

  • Parcel number: 008941910
  • Special condition: Resale

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Hurricane
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $12,616$151,392
Home Insurance *$2,929$35,148
Property Taxes $1,476$17,712
Electricity $260$3,131
Total$17,281$207,372
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$592,491/yr
40% on housing$518,430/yr
45% on housing$460,826/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,580This listing

vs Other Active Listings

Avg $/sqft

ZIP 10016$994
New York County$1,488

vs Homes Sold Last Month

Median $/sqft

ZIP 10016$1,230
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-22Listed for sale$2,495,000
2025-12-17Listing removed$2,499,000
2025-10-03Listed for sale$2,499,000
2025-09-13Listing removed$2,499,000
2025-05-01Listed for sale$2,499,000
2021-11-20Listing removed--
2021-11-16Listed for sale$2,100,000
2021-10-26Listing removed--
2021-04-05Price change$2,100,000
2020-11-26Listed for sale$2,225,000
2006-09-28Sold$1,094,618
2004-09-13Sold$1,094,619

For Sale by Agent

AgentBettina Schriver Gochman
BrokerageDouglas Elliman

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