Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $5,875,000

· Closed October 4, 2024

240 PARK Avenue S #4B
Closed For Sale Condo

$5,875,000

$2,765 per sq ft

240 PARK Avenue S #4B

Flatiron, Manhattan

MLS® #RLS10995133

RLS at REBNY

Listing by Douglas Elliman Real Estate

5

Bedrooms

4

Baths

2,125

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 5
Bathrooms 4
Living Area 2,125 sq ft
Year Built N/A
Ownership Condo
HOA/Common Charges $7,115/mo
Property Taxes Contact for details
Neighborhood Flatiron
Floor 4 of 17

Property Highlights

  • Views: City
  • Exposure: East,West facing
  • Climate Control: Other

Property Details

Type Condo
Ownership Condominium
Total Rooms 10
Baths 4 Full
Floor 4 of 17
View City
Exposure East,West
Cooling Other
Pets Yes
Living Area 2,125 sq ft
Structure Type HighRise
Basement Other
Block/Lot 00848/0000

Listing History

Event Date Price Change
Listed Apr 1, 2024 $6,995,000 -
Price Reduced Oct 7, 2024 $6,450,000 -7.8%
Currently May 13, 2026 $5,875,000 -8.9%

Description

Welcome to residence 4AB at 240 Park Avenue South. Meticulously renovated, flooded with light, and situated at an ideal downtown location; you will want to make this home your own.

Completely redesigned by Leroy Street Studio, this 4 bedroom 4 bathroom home offers impeccable finishes throughout and an exceptionally thoughtful floor plan.

Upon entering the residence you are greeted by a large gallery featuring ample storage, and are immediately drawn to the bright and airy living and dining area which boasts a fabulous Southeast corner exposure overlooking Park Avenue South.

The kitchen is designed with handmade zebrawood set against custom white Italian glass cabinetry and stainless steel countertops, and has been outfitted with a range of high-end appliances from Subzero, Viking, Bosch, Miele, Wolf, and Kupperbusch. An eat-in dining area completes the space.

Tucked privately on the other end of the gallery lies the primary suite, 3 of the secondary bedrooms, and a den. The primary features 2 walk in closets, a beautiful range of stained walnut built-ins, and a gorgeous floor-to-ceiling white Thassos marble bathroom with a glass rain shower, and a large soaking tub.

At over 3,750-square feet, this premier residence encompasses the entire eastern wing of the building and features 3 exposures throughout. The secondary bedrooms also all offer a flexible and convertible use of space. Additional features include a dedicated laundry room with double stacked washer and dryers, custom built-ins throughout, additional storage adjacent to the unit, and a Control4 intelligent home and entertainment system that offers wireless operation of your TV, audio, lighting, shades, and climate.

240 Park Avenue South, designed by Gwathemy & Siegel, is a luxury condominium in the heart of prime Flatiron, nestled between Gramercy Park, Union Square, and Madison Square Park. Opportunities for 5th Avenue shopping and fine dining are abound. Amenities feature a 24-hour concierge and doorman, fitness studio, basketball court, spa with sauna, children's playroom, media. Room, and library. Pet-friendly and convenient to multiple subway lines.

Features & Amenities

Interior Features

Smoke Free Building None Washer Hookup In Unit

Exterior Features

Building Courtyard

Building Amenities

Elevators Storage

Building Information

Building Data View Compliance & Permits
Total Units 51
Stories 17
Structure HighRise

Financial Details

Common Charges $7,115/mo
RE Taxes Contact for details
Original Price $6,995,000
Sale Price $5,875,000
Previous Price $6,450,000

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, 7:46 PM EST

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Location

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240 PARK Avenue S #4B, 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 $7,115 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 5 bedrooms and 4 full bathrooms.

The listed interior living area is 2,125 square feet. Verify dimensions independently during due diligence.

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: N/A,Building Pets Allowed Comments:N/A. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $5,875,000 for 2,125 sq ft, the asking price per square foot is approximately $2,765. 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: RLS10995133
First Listed: 4/1/2024
On Market: 4/1/2024
Price Changed: 10/7/2024
Closed: 10/4/2024
Contract Date: 3/27/2024

Listing Courtesy of Douglas Elliman Real Estate - HOLLY PARKER

Listing Contact: (917) 587-7288

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 11:46 PM UTC

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