Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,450,000

Listed at $1,495,000 · Sold 3.0% below asking · Closed November 24, 2020

254 PARK Avenue S #11K
Closed For Sale Condo

$1,495,000

254 PARK Avenue S #11K

Flatiron, Manhattan

254 PARK AVE SOUTH

MLS® #RLS10622808

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

2

Baths

N/A

Sq. Ft.

1913

Year Built

Quick Summary

Bedrooms 1
Bathrooms 2
Year Built 1913
Ownership Condo
HOA/Common Charges $855/mo
Property Taxes $18,501/yr
Neighborhood Flatiron
Floor 11 of 13

Property Highlights

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

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 11 of 13
View City
Exposure South
Cooling Other
Pets Yes
Cross Street EAST 20 STREET and EAST 21 STREET
Year Built 1913
Architectural Style Prewar

Listing History

Event Date Price Change
Listed Feb 21, 2020 $1,595,000 -
Currently May 18, 2026 $1,495,000 -6.3%

Description

Spectacular! Apartment 11K is perched high atop a beautiful 1913 French limestone Beaux Arts loft building that was completely renovated in 2008. This large One bedroom offers extraordinary light from a sun flooded southern exposure. The open cooks kitchen features custom wood cabinetry, Bosch appliances, Liebherr refrigerator, spacious countertops and washer/dryer combination. Other features include two full bathrooms, a home office/den and storage/sleeping loft with a custom library ladder. The spacious main bedroom offers incredible storage including a walk-in closet with custom built-ins, as well as an en-suite master bathroom with stall shower, extra deep Kohler soaking tub, custom wood double vanity & Kohler fixtures. 254 PAS building amenities include a 24 hour doorman, residents lounge for entertaining with poker & billiards tables and residents gym. Conveniently located in the heart of Gramercy/Flatiron, this Park Avenue South Condo is only seconds from Union Square Park & Farm Market, Madison Square Park and Gramercy Park. Close to major transportation, supermarkets, and many of NYC's best restaurants and shopping such as 11 Madison, Union Square Cafe and Gramercy Tavern.

Features & Amenities

Interior Features

Den Entrance Foyer Building Washer Dryer Install Allowed Common Area

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $855/mo
RE Taxes $18,501/yr ($1,542/mo)
Original Price $1,595,000
Sale Price $1,450,000

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

139

Median Asking Price

$2.42M

Median $/Sqft

$1,788

Avg Days on Market

N/A

New This Week

12

Price Reduced

32%

Sold (30 Days)

4

Median Sale Price

$1.55M

Live data from RLS at REBNY • Updated 5/18/26, 7:28 PM EST

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Location

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254 PARK Avenue S #11K, Flatiron, New York County • Near EAST 20 STREET and EAST 21 STREET

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 $855 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $18,501, or roughly $1,542 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 2 full bathrooms.

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.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. 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: RLS10622808
First Listed: 2/21/2020
Closed: 11/24/2020
Contract Date: 3/4/2020

Listing Courtesy of The Corcoran Group - Dennis J Margulies

Listing Contact: (212) 645-4040

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 11:28 PM UTC

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