Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,200,000

· Closed July 1, 2024

254 PARK Avenue S #7B
Closed For Sale Condo

$1,200,000

$1,333 per sq ft

254 PARK Avenue S #7B

Flatiron, Manhattan

254 PARK AVE SOUTH

MLS® #RLS10977933

RLS at REBNY

Listing by Serhant LLC

2

Bedrooms

2

Baths

900

Sq. Ft.

1913

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 900 sq ft
Year Built 1913
Ownership Condo
HOA/Common Charges $1,260/mo
Property Taxes Contact for details
Neighborhood Flatiron
Floor 7 of 13

Property Highlights

  • Views: Other
  • Exposure: North,West facing
  • Outdoor Space: Terrace

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 7 of 13
View Other
Exposure North,West
Cooling Other
Pets Yes
Year Built 1913
Living Area 900 sq ft
Structure Type HighRise
Basement Other
Parcel # 0849-1659
Block/Lot 00849/1659

Listing History

Event Date Price Change
Listed Apr 17, 2024 $1,100,000 -
Currently May 13, 2026 $1,200,000 +9.1%

Description

Enter this immaculately designed unit to experience soaring 13.5' ceilings, a private terrace, generously proportioned bedrooms, multiple walk-in closets and opportunities for storage. The kitchen is finished with stone countertops and features a Liebherr refrigerator complete with ice maker and stainless-steel appliances that include a gas cooktop, chef's oven, integrated BOSCH dishwasher, plus a Miele hood. Floors and walls in the primary bathrooms are also clad in stone, with Kohler bath fixtures and chrome accessories which create contemporary accents.

Nestled within a historic French limestone building originally constructed in 1913 and converted to condominium residences in 2008, 254 Park Avenue South exudes timeless charm and sophistication. Residents enjoy access to an array of amenities, including a private gym with Peloton bikes and boxing bags, a resident lounge with large screen TV and gaming tables, as well as 24-hour concierge services and a live-in resident manager.

Perfectly situated near Madison Square Park, Gramercy Park, Union Square, and the vibrant Village, residents benefit from unparalleled access to renowned dining establishments, trendy shops, and cultural attractions. With convenient proximity to various public transportation options, including subway lines and bus routes, exploring the city has never been easier.

Experience the epitome of downtown loft living at 254 Park Avenue South #7B - where luxury meets convenience in the heart of Manhattan.

There is currently a $384.55 monthly assessment in place scheduled to end 12/31/24

Features & Amenities

Interior Features

Smoke Free Building Other Washer Hookup In Unit

Exterior Features

None Terrace

Building Amenities

Game Room Green Building

Building Information

Financial Details

Common Charges $1,260/mo
RE Taxes Contact for details
Original Price $1,100,000
Sale Price $1,200,000
Previous Price $1,100,000

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

133

Median Asking Price

$2.29M

Median $/Sqft

$1,788

Avg Days on Market

N/A

New This Week

9

Price Reduced

32%

Sold (30 Days)

12

Median Sale Price

$2.54M

Live data from RLS at REBNY • Updated 5/13/26, 7:34 PM EST

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Location

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254 PARK Avenue S #7B, Flatiron, New York County

Floor Plans

Floor Plan 1

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 $1,260 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 900 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 $1,200,000 for 900 sq ft, the asking price per square foot is approximately $1,333. 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: RLS10977933
First Listed: 4/18/2024
On Market: 4/17/2024
Price Changed: 5/13/2024
Closed: 7/1/2024
Contract Date: 4/18/2024

Listing Courtesy of Serhant LLC - Nicole Palermo

Listing Contact: (917) 226-2704

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 5/13/2026 at 11:34 PM UTC

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