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Park Plaza

Park Plaza

Park Plaza
Condominium Building Complex
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

1331 Park Ave SW,
Albuquerque, NM 87102
132 Units
15 Stories
1964 Year Built
$188K - $564K Value Range

Available Units

For Sale
No Units Available
For Rent
No Units Available

Highlights

  • Concierge
  • Albuquerque High School Rated A-
  • Fitness Center
  • In Ground Pool
  • Gated Community
  • 2 min walk to Soldiers and Sailors Park

About Park Plaza

A testament to mid-century architecture, Park Plaza has been a prominent feature of the Downtown Area skyline since its completion in 1964. This 15-story residential building houses 132 units, offering a blend of classic charm and modern convenience. Park Plaza has stood the test of time, providing residents with a comfortable living environment and a sense of community that has evolved over the decades.

Park Plaza presents a variety of floor plans to accommodate different lifestyles and needs. The units range from cozy 700-square-foot one-bedroom spaces to expansive 2,924-square-foot three-bedroom homes. These residences are thoughtfully designed to maximize living space and natural light, with some featuring floor-to-ceiling windows that frame the picturesque views of the surrounding cityscape and natural beauty. The price spectrum from $235,000 to $1,000,000 reflects the diversity of options available, catering to a range of preferences and budgets.

Residents of Park Plaza enjoy a suite of amenities that enrich their living experience. The building boasts a 24-hour security system, ensuring peace of mind for all occupants. The convenience of a doorman adds a personal touch to the security and service provided. A fitness center and swimming pool cater to health and wellness enthusiasts, while the library offers a quiet retreat for reading and study. The event room is available for hosting gatherings and social events, fostering a sense of community among residents. Additional amenities such as the laundry room on every floor and on-site maintenance staff underscore the building's commitment to a seamless urban living experience.

The Downtown Area neighborhood is a vibrant and dynamic community, brimming with cultural attractions and conveniences. Park Plaza's residents find themselves within easy reach of a variety of dining options, including the festive atmosphere and Mexican cuisine of Bandido Hideout and the traditional New Mexican flavors of Cecilia's Cafe. For outdoor enthusiasts, the proximity to Rio Grande Park and Tiguex Park offers green spaces for relaxation and recreation. Educational institutions, such as Albuquerque Charter Academy and Manzano Day School, are situated nearby, making Park Plaza a practical choice for families. The area also boasts shopping destinations like First Plaza Galeria and a range of grocery stores, including the local favorite, Silver Street Market.

Park Plaza's central location in the Downtown Area provides residents with excellent transportation options. Easy access to I-25 facilitates travel by car, while the nearby Albuquerque International Sunport connects residents to destinations far and wide. Public transportation is readily available, with the Downtown Albuquerque Rail Runner Station offering commuter rail services and several bus stations, including the ART - West Downtown Station, providing access to local bus lines. These transportation links make commuting and exploring the city convenient and stress-free.

Building Details

Recreation

  • Tennis Courts
  • Fitness Center
  • In Ground Pool
  • Community Pool

Outdoor Features

  • Common Area

Amenities

  • Views
  • Concierge
  • Meeting Room
  • Security Service
  • Resident Manager or Management On Site
  • Gated Community

Parking

  • Detached Garage
  • 2 Carport Spaces Per Unit
  • 2 Carport Spaces

Condo Association

  • $1,085 Monthly HOA Fees
  • Association fees include clubhouse, common areas, ground maintenance, pool(s), security, utilities
  • Park Plaza Association Inc Association, Phone Number (505) 242-2731
  • Park Plaza Subdivision
  • On-Site Maintenance

Unit Features

  • Electric Dryer Hookup

Unit Information By Building

Unit
Date
08/15/2024
Beds
2 Beds
Baths
2 Baths
Sq Ft
1,609
Price
Last List Price
$445,900
Price / Sq Ft
$277 / Sq Ft

Unit Size and Value Ranges

Studio Units
Sq Ft Range
None Available
Est. Values
$188,038
1 Bedroom Units
Sq Ft Range
700 - 900
Est. Values
$198,367 - $564,290
2 Bedroom Units
Sq Ft Range
850 - 1,730
Est. Values
$256,672 - $453,732
3 Bedroom Units
Sq Ft Range
1,180 - 2,924
Est. Values
$269,400 - $519,337
All Units
Sq Ft Range
700 - 2,924
Est. Values
$188,038 - $564,290

Map

Area Factors

High Crime

Crime Score®

9 / 10

Very Bikeable

Bike Score®

86 / 100

Very Walkable

Walk Score®

83 / 100

Some Transit

Transit Score®

45 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

77 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$24K - $125K
Range of Taxes in Building
$779 - $6,711
Range of Taxes per Sq Ft
$0.86 - $5.27

Property Tax History

Source: Public Records

Building Team

Property Management
Monarch - Park Plaza
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.