Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
254 PARK Avenue S #3R

For Sale · Listing by Corcoran Group

254 PARK Avenue S #3R

Flatiron, Manhattan

$1,050,000

Interested in this property?
Active For Sale • Condo

$1,050,000

$1,332 per sq ft

254 PARK Avenue S #3R

Flatiron, Manhattan

254 PARK AVE SOUTH

MLS® #RLS20122003

RLS at REBNY

Listing by Corcoran Group

1
Bedroom
1
Bath
788
Sq. Ft.
1913
Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 788 sq ft
Year Built 1913
Ownership Condo
HOA/Common Charges $1,136/mo
Property Taxes Contact for details
Neighborhood Flatiron
Floor 3 of 13

Property Highlights

  • Style: Loft architecture
  • Climate Control: Other
  • Character: Pre-war building (1913)

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 3 of 13
Cooling Other
Pets Yes
Year Built 1913 (New)
Living Area 788 sq ft
Architectural Style Loft
Basement Other
Parcel # 0849-1622
Block/Lot 00849/7508

Listing History

Event Date Price Change
Listed Oct 21, 2026 $1,050,000 -
Currently Oct 21, 2026 $1,050,000 -

Description

Sponsor Sale-Tenant in Place-Lease expiration 5/31/27. Set within a landmark Beaux-Arts condominium in the heart of Flatiron, Residence 3R offers a unique opportunity to enjoy the character of a prewar loft with the comforts of modern living. This 788-square-foot, north-facing one-bedroom duplex features a dramatic double-height living and dining room with 14-foot ceilings and a wall of oversized windows. A wood staircase connects the main living space to an elevated bedroom with generous closet storage, creating a distinctive separation between living and sleeping areas. The thoughtfully designed lower level includes a fully equipped kitchen with a Miele gas range, Liebherr refrigerator with ice maker, Bosch dishwasher, and washer/dryer. A stone bathroom with Kohler fixtures and a spacious walk-in shower, central air conditioning, hardwood floors, and an oversized double-wide walk-in foyer closet complete the residence. Full-service amenities include a 24-hour concierge, live-in superintendent, fitness center, and a 1,400-square-foot residents' lounge with a billiards table, bar, and poker room. Surrounded by Flatiron's celebrated restaurants, shopping, and neighborhood conveniences, Residence 3R delivers a distinctive downtown living experience in an iconic Manhattan setting. Capital Assessment of $308.26 per month. Photo's have been virtually edited.

Features & Amenities

Interior Features

High Ceilings Building Other Washer Hookup In Unit

Exterior Features

None

Building Amenities

Game Room

Building Information

Financial Details

Common Charges $1,136/mo
RE Taxes Contact for details

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

118

Median Asking Price

$2.81M

Median $/Sqft

$1,936

Avg Days on Market

N/A

New This Week

5

Price Reduced

22%

Sold (30 Days)

16

Median Sale Price

$1.95M

Live data from RLS at REBNY • Updated 10/21/26, 3:56 PM EST

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Location

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254 PARK Avenue S #3R, 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 $1,136 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 788 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 Milton Coste for weight limits or breed restrictions.

At the current list price of $1,050,000 for 788 sq ft, the asking price per square foot is approximately $1,332. 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 milton@miltoncoste.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: RLS20122003
First Listed: 10/21/2026
On Market: 10/21/2026
Price Changed: 10/21/2026
Contract Date: 10/21/2026

Listing Courtesy of Corcoran Group - Jesse H Feldman

Listing Contact: (201) 400-9259

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.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 10/21/2026 at 7:56 PM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Flatiron Market Update

16 sales last 30 days · $2.81M median · 7.4 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 3 of 13
Year Built 1913
First Listed 10/21/2026
Style Loft
Living Area 788 sqft
Common Charges $1,136/mo

Monthly Costs Estimate

Down Payment 20%

$210,000

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 $1,136
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

$10,500

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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You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.

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