Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
254 Park Avenue S #5P
Interested in this property?
Active For Sale Condo

$1,150,000

$1,578 per sq ft

254 Park Avenue S #5P

Flatiron, Manhattan

254 PAS

MLS® #RLS20089397

RLS at REBNY

Listing by Keller Williams NYC

1

Bedroom

1

Bath

729

Sq. Ft.

1913

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 729 sq ft
Lot Size 11,500 sq ft
Year Built 1913
Ownership Condo
HOA/Common Charges $1,052/mo
Property Taxes $16,572/yr
Neighborhood Flatiron

Property Highlights

  • Character: Pre-war building (1913)

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 1 Full
Pets Yes
Year Built 1913
Living Area 729 sq ft
Structure Type None
Furnished Unfurnished
Lot Size 11,500 sq ft
Block/Lot 00849/1646

Listing History

Event Date Price Change
Listed May 6, 2026 $1,150,000 -
Currently May 6, 2026 $1,150,000 -

Description

Sophisticated contemporary living meets downtown convenience in this exceptional one-bedroom residence with a versatile loft space at 254 Park Avenue South Condominium in the heart of Flatiron. Soaring 12-foot ceilings create an expansive, airy feel throughout the home, while the open layout offers flexibility for both entertaining and everyday comfort. A dedicated nook provides the perfect space for a work-from-home setup. The king-sized bedroom is generously proportioned and easily accommodates nightstands and a dresser while the loft area offers ideal optionality as an extra sleeping space, or substantial storage. This home is thoughtfully designed with abundant storage, including multiple oversized closets and a deep pantry, along with the convenience of an in-unit W/D. Residents of 254 Park Avenue South enjoy premier full-service amenities, including a 24-hour doorman, on-site resident manager, a brand-new state-of-the-art fitness center, and a community lounge and an additional laundry room. 254 PAS places you in the heart of one of Manhattan’s most vibrant and convenient neighborhoods. Just moments from Union Square—home to Whole Foods, the iconic Greenmarket, and an array of shopping and transit options—you’re also a short stroll to the charm of Gramercy Park. Everyday essentials are effortless with Morton Williams nearby along with an abundance of local cafés, fitness studios, and boutique shops. The surrounding area is renowned for its exceptional dining scene, offering everything from celebrated restaurants to cozy neighborhood favorites. There is an assessment for $285.18/month. All measurements are estimates. Some photos have been virtually staged. We support Fair Housing.

Features & Amenities

Interior Features

Building In Basement Common On Floor In Basement In Unit

Building Amenities

Elevators

Building Information

Building 254 PAS
Building Data View Compliance & Permits
Total Units 124
Stories 13
Structure None

Financial Details

Common Charges $1,052/mo
RE Taxes $16,572/yr ($1,381/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

131

Median Asking Price

$2.20M

Median $/Sqft

$1,755

Avg Days on Market

N/A

New This Week

13

Price Reduced

27%

Sold (30 Days)

10

Median Sale Price

$2.49M

Live data from RLS at REBNY • Updated 5/6/26, 7:10 PM EST

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Location

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254 Park Avenue S #5P, Flatiron, New York County

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 $1,052 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $16,572, or roughly $1,381 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 729 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 $1,150,000 for 729 sq ft, the asking price per square foot is approximately $1,578. 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 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: RLS20089397
First Listed: 5/6/2026
On Market: 5/6/2026
Price Changed: 5/6/2026
Contract Date: 4/30/2026

Listing Courtesy of Keller Williams NYC - Alix E Shulman

Listing Contact: (973) 222-0989

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 5/6/2026 at 11:10 PM UTC

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