Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,900,000

· Closed August 12, 2022

254 PARK Avenue S #7D
Closed For Sale Condo

$2,900,000

$2,049 per sq ft

254 PARK Avenue S #7D

Flatiron, Manhattan

254 PARK AVE SOUTH

MLS® #RLS10789681

RLS at REBNY

Listing by Douglas Elliman Real Estate

2

Bedrooms

2

Baths

1,415

Sq. Ft.

1913

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,415 sq ft
Year Built 1913
Ownership Condo
HOA/Common Charges $1,850/mo
Property Taxes $32,376/yr
Neighborhood Flatiron
Floor 7 of 13

Property Highlights

  • Exposure: East,South facing
  • Style: Prewar architecture
  • Character: Pre-war building (1913)

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 7 of 13
Exposure East,South
Pets Yes
Cross Street EAST 20 STREET and EAST 21 STREET
Year Built 1913
Living Area 1,415 sq ft
Architectural Style Prewar
Parcel # 0849-1660

Listing History

Event Date Price Change
Listed Apr 27, 2022 $2,995,000 -
Currently May 18, 2026 $2,900,000 -3.2%

Description

THE BEST CORNER CONDO ON PARK AVENUE SOUTH! This sunfilled home is the epitome of luxury downtown living at 254 Park Avenue South, boasting an open and airy layout, incredibly high 13.5-foot ceilings and huge windows! The exceptional layout boasts two large split bedrooms, each with en-suite bath, plus an additional powder room for guests. Enjoy grand entertaining and comfortable living in the huge open living room with a new modern open kitchen.
Calling all chefs! This gorgeous new open kitchen is equipped with lengthy new countertops, custom cabinetry, appliances from Liebherr, Bosch and Miele, including a wine refrigerator. Sliding doors reveal an enormous prime suite with two walk-in closets and an additional four large closets in the dressing area. There is additional storage space underneath the built-in media console in the bedroom and living area. The en-suite prime bathroom features a deep Kohler soaking tub, separate, five-piece stall shower, and double sink. The second bedroom suite faces east over Park Avenue South. Topping off this home is a Bosch washer/dryer and multi-zoned central air conditioning.

254 Park Avenue South is a full-service luxury condominium three blocks from Union Square, and steps to Gramercy Park and Madison Square Park. At the corner of Flatiron, Gramercy and the Village. Transportation options abound, with simple access to the 4,5,6,N,Q,R and L trains. A step out the door brings you to world-class dining options, including the new Union Square Caf & Gramercy Tavern. Grocery stores include Whole Foods, Eataly, the Union Square Farmer's Market, and Trader Joe's.

Features & Amenities

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $1,850/mo
RE Taxes $32,376/yr ($2,698/mo)
Original Price $2,995,000
Sale Price $2,900,000
Previous Price $2,995,000

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

137

Median Asking Price

$2.42M

Median $/Sqft

$1,788

Avg Days on Market

N/A

New This Week

10

Price Reduced

32%

Sold (30 Days)

3

Median Sale Price

$1.40M

Live data from RLS at REBNY • Updated 5/18/26, 5:20 AM EST

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Location

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254 PARK Avenue S #7D, 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 $1,850 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $32,376, or roughly $2,698 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,415 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 $2,900,000 for 1,415 sq ft, the asking price per square foot is approximately $2,049. 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: RLS10789681
First Listed: 4/27/2022
Price Changed: 8/15/2022
Closed: 8/12/2022
Contract Date: 4/27/2022

Listing Courtesy of Douglas Elliman Real Estate - Eileen Foy

Listing Contact: (347) 463-8128

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 9:20 AM UTC

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