Milton Coste

Licensed Real Estate Associate Broker

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

$1,195,000

$1,593 per sq ft

280 Park Avenue S #5L

Flatiron, Manhattan

The Gramercy Place Condo

MLS® #RLS20078675

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

750

Sq. Ft.

1986

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 750 sq ft
Year Built 1986
Ownership Condo
HOA/Common Charges $965/mo
Property Taxes $15,048/yr
Parking Garage
Neighborhood Flatiron
Floor 5 of 27

Property Highlights

  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 5 of 27
Pets Yes, CatsOk, DogsOk
Year Built 1986
Living Area 750 sq ft
Parking Garage Available
Parking Features Garage
Structure Type HighRise
Furnished Unfurnished
Parcel # 0850-1237
Block/Lot 00850/1237

Listing History

Event Date Price Change
Listed Apr 29, 2026 $1,195,000 -
Currently Apr 29, 2026 $1,195,000 -

Description

TENANT IN PLACE UNTIL JULY 2027 Blank Canvas! Bring your architect and contractor! Why live in someone else's dream, when you can design your own! One of the building’s most popular lay-outs, 5L features a pass-thru kitchen and 3 large closets. Beautiful North views with great light on quiet 22nd street! PRIME location with 24 HR grocery store next door, 24HR drug-store in front of the building, 2 dry cleaners & 2 parking garages on the block, & quick access to the 6 (Green) and N/R trains (Yellow). Located in the heart of the Gramercy/Flatiron neighborhood, Madison Square Park, Gramercy Park, Union Sq, Park Avenue restaurants and Flatiron shopping. 280 Park Ave South is a Full Service Doorman Luxury Building, with two massive roof-decks with 360 degree views of Manhattan and beautiful brand new outdoor furniture, providing a wonderful respite from any stressful day. Other free amenities include a 40 foot pool, brand new state of the art 24HR fitness center, his and her sauna & steam rooms, and Jacuzzi. Additional storage space available for rent. Laundry in building. Pet friendly.

Features & Amenities

Interior Features

Sauna Building Washer Dryer Install Allowed Common On Floor Common Area

Exterior Features

Building Garden Building Roof Deck

Building Amenities

Elevators

Building Information

Financial Details

Common Charges $965/mo
RE Taxes $15,048/yr ($1,254/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

129

Median Asking Price

$2.25M

Median $/Sqft

$1,727

Avg Days on Market

N/A

New This Week

3

Price Reduced

29%

Sold (30 Days)

8

Median Sale Price

$2.70M

Live data from RLS at REBNY • Updated 4/29/26, 6:57 PM EST

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Location

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280 Park Avenue S #5L, Flatiron, New York County

Floor Plans

Floor Plan 1

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 $965 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $15,048, or roughly $1,254 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 750 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: Pet Friendly. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,195,000 for 750 sq ft, the asking price per square foot is approximately $1,593. 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: RLS20078675
First Listed: 3/22/2026
On Market: 4/29/2026
Contract Date: 3/22/2026

Listing Courtesy of Compass - ALEXANDER A MAHGOUB

Listing Contact: (347) 575-3344

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 4/29/2026 at 10:57 PM UTC

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