Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,700,000

· Closed April 6, 2023

254 Park Avenue S #2-PR
Closed For Sale Condo

$1,700,000

$1,377 per sq ft

254 Park Avenue S #2-PR

Flatiron, Manhattan

MLS® #RLS10839451

RLS at REBNY

Listing by Compass

2

Bedrooms

2.5

Baths

1,235

Sq. Ft.

1913

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2 full, 1 half
Living Area 1,235 sq ft
Year Built 1913
Ownership Condo
HOA/Common Charges $1,499/mo
Property Taxes $22,224/yr
Neighborhood Flatiron
Floor 2 of 13

Property Highlights

  • Views: City
  • Exposure: North facing
  • Style: Prewar architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full, 1 Half
Floor 2 of 13
View City
Exposure North
Cooling Central Air
Pets Yes
Cross Street East 20th Street/East 21st Street
Year Built 1913
Living Area 1,235 sq ft
Architectural Style Prewar
Block/Lot 849/7508

Listing History

Event Date Price Change
Listed Sep 14, 2022 $1,700,000 -
Price Reduced Apr 6, 2023 $1,795,000 +5.6%

Description

Sprawling, Mint-Condition 2 BD / 2 BA Condo in Prime Flatiron Residence 2P is a pristine, fully-renovated, pin-drop-quiet apartment, complete with beamed ceilings, recessed lighting, oversized windows and handsome oak floors. Enter via the home's recently redesigned open kitchen, which includes a separate pantry space with wine fridge adjacent to the foyer's walk-in coat closet. The kitchen has been appointed with beautiful carrara marble counter tops, convenient counter seating, and a brand-new stainless steel appliance package (Bosch oven, Miele Range, LG microwave, LG ThinQ fridge, and Miele DW). Just off the kitchen, and centered between both bedrooms, is an impressive 23' wide living / dining space that easily accommodates distinct dining and lounge areas. The private, king-sized primary bedroom has dual closets, an ensuite full bathroom and can be configured to include an additional workspace if needed. The second interior 'bedroom' (or home office) is currently outfitted as a nursery suite, taking advantage of the two-part space to create separate sleeping and play areas, each with its own closet. An additional storage closet, in-unit washer/dryer and full bathroom complete the home's living space. Unit #2P has multiple-zoned central air, Nest and Insteon SmartHome systems, and per the Offering Plan, was formerly a split two bedroom plus home office. 254 Park Avenue South is a neoclassical Beaux Arts condominium located on the northwest corner of Park Avenue and 20th Street, the heart of the Flatiron District. This historic, pre-war limestone building was constructed in 1931 and converted in 2008 to accommodate 123 units across its 12 floors. Amenities include a full-time doorman, resident manager, a well-appointed gym and a common lounge complete with catering kitchen, seating/ viewing area, poker tables and a pool table. Three short blocks from Union Square, and nestled between Gramercy Park and Madison Square Park, the building is located at the crossroads of Gramercy, Flatiron and Union Square. In the immediate vicinity you'll find many of New York City's most exciting restaurants, great shopping, countless fitness options and, for the home chef, the Union Square Farmers Market. Convenient access to the 6, L, N/Q/R, 4/5, F/M and PATH will take you anywhere else in the city and beyond.

Features & Amenities

Interior Features

Dining Area Entrance Foyer Pantry Building Washer Dryer Install Allowed Common Area New Windows

Exterior Features

Building Courtyard

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $1,499/mo
RE Taxes $22,224/yr ($1,852/mo)
Sale Price $1,700,000
Previous Price $1,795,000

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

137

Median Asking Price

$2.42M

Median $/Sqft

$1,788

Avg Days on Market

N/A

New This Week

10

Price Reduced

32%

Sold (30 Days)

3

Median Sale Price

$1.40M

Live data from RLS at REBNY • Updated 5/18/26, 1:58 AM EST

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Location

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254 Park Avenue S #2-PR, Flatiron, New York County • Near East 20th Street/East 21st Street

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1924
Year Built
102 years old
20
Floors
C5-3
Zoning District

Tax & Assessment

Assessed Value: $73,718,550
Land Value: $13,882,500
Exemptions: $0

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

Lot Area: 24,970 SF
Building Area: 519,783 SF
Built FAR: 20.82
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 $1,499 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $22,224, or roughly $1,852 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 1,235 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1913, making it approximately 113 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 $1,700,000 for 1,235 sq ft, the asking price per square foot is approximately $1,377. 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: RLS10839451
First Listed: 9/14/2022
Price Changed: 4/6/2023
Closed: 4/6/2023
Contract Date: 9/14/2022

Listing Courtesy of Compass - Aaron Mazor

Listing Contact: (917) 696-8772

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 5/18/2026 at 5:58 AM UTC

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