Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,395,000

· Closed May 11, 2026

280 Park Avenue S #7M
Closed For Sale Condo

$1,395,000

$1,724 per sq ft

280 Park Avenue S #7M

Flatiron, Manhattan

Gramercy Place

MLS® #RLS20073306

RLS at REBNY

Listing by The Maher Group LLC

1

Bedroom

1

Bath

809

Sq. Ft.

1986

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 809 sq ft
Lot Size 20,275 sq ft
Year Built 1986
Ownership Condo
HOA/Common Charges $1,145/mo
Property Taxes $16,440/yr
Neighborhood Flatiron
Floor 7 of 27

Property Highlights

  • Views: City
  • Exposure: East,North facing

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 7 of 27
View City
Exposure East,North
Pets Yes
Cross Street 22nd Street
Year Built 1986
Living Area 809 sq ft
Structure Type HighRise
Furnished Unfurnished
Lot Size 20,275 sq ft
Parcel # 0850-1262
Block/Lot 00850/1262

Listing History

Event Date Price Change
Listed Feb 21, 2026 $1,395,000 -
Currently May 17, 2026 $1,395,000 -

Description

Simply Smarter Design… Avoid Today’s Skyrocketing Costs in Labor, Materials and Time & Move into this Immaculate, modern, Turn-Key Treasure today! One of the most unique and sought-after corner 1BR condominiums on Park Avenue South, this turn-key home features a brilliantly optimized 810 SF layout that lives like 1,000. A hallmark feature of the coveted “M Line” is its wraparound, offset windowed kitchen—creating the largest living and dining space in the building, spanning nearly 30 feet. The custom kitchen is impeccably crafted in solid walnut with generous storage, stainless appliances, and continuous stone countertops that seamlessly blend into the double-wide eat-at island. The living space is flooded with indirect natural light from double exposures and framed by iconic landmark views that preserve open skies over Park Avenue South. Custom perimeter recessed lighting, contemporary-classic moldings, “floating” PTAC enclosures, built-in shelving, and 5” solid bamboo floors complete the space. An impressive 18 feet of custom-fitted closets provide exceptional storage. The oversized bedroom (approx. 19’ x 12’) with huge walk-In closet, is the largest of all one-bedrooms at Gramercy Place and easily accommodates a California king, full furniture suite and even a home office space. The pristine modern bathroom features Carrera subway tile, nickel hardware, and a double-sized glass-enclosed shower. An adjacent XL linen closet is perfectly positioned for washer/dryer installation (see floor plan). Custom architectural lighting, solid Shaker doors and handcrafted finishes make this a true move-in ready home in Gramercy’s premier luxury hi-rise condominium. AMENITIES: - 24 Hour D/M & Concierge - Rooftop Pool - Rooftop Health Club - Rooftop Gas Grills - Ground Level Outdoor Lounge(in progress) - NEW North/South Sun Decks - NEW Backup Generator - Sauna, Jacuzzi and Steam Facilities - Bike Storage - Cage Storage(additional monthly fee) - Industrial Grade Laundry Facility - Washer Dryers Allowed in Units - Pet Friendly - Investor Friendly - Smoke Free Building THE BUILDING: For decades, Gramercy Place has reigned as the neighborhood’s Crown Jewel of luxury high-rise condominiums. This postwar modern masterpiece rises 27 stories above the historic New York Bank for Savings, originally built in 1894 and now transformed into a magnificent teak-and-marble lobby with soaring ceilings and polished stone floors—preserving one of Gramercy’s most storied street corners. A testament to visionary development, Gramercy Place proves that revered architecture, seamlessly paired with modern amenities and white-glove service, will always endure in Manhattan’s real estate landscape. Ideally positioned on a pristine, tree-lined block at the corner of Park Avenue South, in the heart of New York City’s oldest residential neighborhood, Gramercy Place is a rare union of history, sophistication, and modern refinement.

Features & Amenities

Interior Features

Built In Features Crown Molding Entrance Foyer Eat In Kitchen Elevator Kitchen Island Kitchen Window Open Floorplan Recessed Lighting Storage Walk In Closets Building In Basement Common On Floor In Basement

Building Amenities

Elevators

Appliances

Built In Gas Range Dishwasher

Building Information

Building Gramercy Place
Building Data View Compliance & Permits
Total Units 258
Stories 27
Structure HighRise
Association Gramercy Place

Financial Details

Common Charges $1,145/mo
RE Taxes $16,440/yr ($1,370/mo)
Sale Price $1,395,000

The Flatiron District is a busy intersection of history, technology, and luxury living. Named after the iconic Flatiron Building, the neighborhood is centered around Madison Square Park and is a hub for the city's 'Silicon Alley.' The real estate market is famous for its grand cast-iron loft buildings with high ceilings and expansive floor plans, alongside ultra-luxury glass towers that offer modern amenities and central Manhattan convenience.

Flatiron Live Market Data

View Neighborhood

Active Listings

134

Median Asking Price

$2.32M

Median $/Sqft

$1,775

Avg Days on Market

N/A

New This Week

8

Price Reduced

33%

Sold (30 Days)

3

Median Sale Price

$1.40M

Live data from RLS at REBNY • Updated 5/17/26, 5:31 AM EST

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Location

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280 Park Avenue S #7M, Flatiron, New York County • Near 22nd Street

Building Information

Official NYC property records for this building

1962
Year Built
64 years old
28
Floors
C5-3
Zoning District

Tax & Assessment

Assessed Value: $105,916,050
Land Value: $2,149,200
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 24,775 SF
Building Area: 386,166 SF
Built FAR: 15.59
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $1,145 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $16,440, or roughly $1,370 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 809 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1986, making it approximately 40 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,395,000 for 809 sq ft, the asking price per square foot is approximately $1,724. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20073306
First Listed: 2/23/2026
On Market: 2/21/2026
Price Changed: 2/23/2026
Closed: 5/11/2026
Contract Date: 2/20/2026

Listing Courtesy of The Maher Group LLC - John F Maher

Listing Contact: (917) 534-0010

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/17/2026 at 9:31 AM UTC

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