Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
280 Park Avenue S #8D

For Sale · Listing by The Maher Group LLC

280 Park Avenue S #8D

Flatiron, Manhattan

$1,125,000

Interested in this property?
Active For Sale Condo

$1,125,000

$1,789 per sq ft

280 Park Avenue S #8D

Flatiron, Manhattan

Gramercy Place

MLS® #RLS20110657

RLS at REBNY

Listing by The Maher Group LLC

1
Bedroom
1
Bath
629
Sq. Ft.
1986
Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 629 sq ft
Lot Size 20,275 sq ft
Year Built 1986
Ownership Condo
HOA/Common Charges $880/mo
Property Taxes $11,976/yr
Neighborhood Flatiron
Floor 8 of 27

Property Highlights

  • Location: Flatiron, Manhattan
  • Property Type: Condo
  • Built: 1986

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 8 of 27
Heating Steam
Pets Yes
Year Built 1986
Living Area 629 sq ft
Structure Type HighRise
Furnished Unfurnished
Lot Size 20,275 sq ft
Parcel # 0850-1266
Block/Lot 00850/1266

Listing History

Event Date Price Change
Listed Aug 23, 2026 $1,125,000 -
Currently Aug 24, 2026 $1,125,000 -

Description

A Maher Group exclusive property. This is an extraordinary opportunity to own a turn-key luxury condominium at an exceptionally attractive price point, with remarkably low carrying costs—all within a newly renovated luxury high-rise on Park Avenue South. Please take a moment to read that again. This move-in ready 1-bedroom, 1-bath gem sits on the pin-drop-quiet south side of Gramercy Place, offering a beautifully balanced layout with warm natural light and high quality finishes throughout. The prominent open kitchen is anchored by an enormous eat-at stone-topped island, complemented by an abundance of custom cabinetry, classic tiled backsplash, recessed lighting and a suite of Liebherr and Bosch appliances. The extra-wide living room features solid Brazilian hardwood flooring, two custom California Closets—including an oversized walk-in—and a new PTAC/AC unit. The room enjoys the rare benefit of ambient natural light, dedicated dining and home-office areas, detailed crown moldings, custom doors and trim. The quiet bedroom comfortably accommodates a king or queen-sized bed, full-size dresser and nightstand, with an impressive 8’ x 10’ wall of California Closets and continues the hardwood flooring. The full bath has been thoughtfully reimagined with a glass-enclosed shower/tub, oversized medicine cabinet, subway-tiled accent walls, “wood” tiled flooring, custom lighting and polished nickel hardware. Adjacent to the bathroom is a large floor-to-ceiling linen closet that can easily accommodate a washer/dryer. (See floor plan.) Gramercy Place has undergone a fully funded comprehensive renovation of practically all common areas from top to bottom including both roof decks, fitness center, lobby & Outdoor Lounge(nearing completion), dedicated backup generator and façade detail resulting in a completely updated and refreshed luxury living experience. [ These extensive building upgrades are offered at no additional expense to fortunate new owners at 280 Park Avenue South - You're Wecome!] AMENITIES: - Soaring Pre-War Lobby (Near Completion ) - 24 Hour D/M & Concierge - Rooftop Pool - Sauna, Jacuzzi and Steam Facilities - Rooftop Health Club(Newly Renovated) - Rooftop Gas Grills (Newly Installed) - Ground Level Outdoor Lounge (Near completion) - North/South Sun Decks (Newly Renovated) - Backup Generator (Newly Installed) - Bike Storage(Small fee) - Cage Storage(Renovated -additional monthly fee) - Industrial Grade Laundry Facility(Newly Renovated) - Washer Dryers Allowed in Units(Convenient for Unit 8D) - 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 an immaculate teak-and-marble lobby with soaring ceilings and classic polished marble floors—preserving one of Gramercy’s most storied Landmarked street corners. A testament to the visionary development, Gramercy Place proves that revered architecture seamlessly paired with modern amenities and white-glove service, will always be revered in Manhattan’s luxury 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

Building None Building In Basement Common On Floor In Basement

Building Amenities

Elevators

Building Information

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

Financial Details

Common Charges $880/mo
RE Taxes $11,976/yr ($998/mo)

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

86

Median Asking Price

$2.33M

Median $/Sqft

$1,862

Avg Days on Market

N/A

New This Week

3

Price Reduced

34%

Sold (30 Days)

17

Median Sale Price

$1.95M

Live data from RLS at REBNY • Updated 8/24/26, 3:15 PM EST

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Location

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280 Park Avenue S #8D, Flatiron, New York County

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 $880 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $11,976, or roughly $998 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 629 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 Milton Coste for weight limits or breed restrictions.

At the current list price of $1,125,000 for 629 sq ft, the asking price per square foot is approximately $1,789. 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: RLS20110657
First Listed: 8/23/2026
On Market: 8/23/2026
Price Changed: 8/23/2026
Contract Date: 8/21/2026

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 8/24/2026 at 7:15 PM UTC

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Flatiron Market Update

17 sales last 30 days · $2.33M median · 5.1 months supply

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New listings in this building

Quick Facts

Status Active Type Condo Neighborhood Flatiron Borough Manhattan
County New York
Floor 8 of 27
Year Built 1986
First Listed 8/23/2026
Living Area 629 sqft
Common Charges $880/mo
Annual Tax $11,976

Monthly Costs Estimate

Down Payment 20%

$225,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $880
Est. Taxes $998
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$11,250

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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