SOLD FOR $2,400,000
· Closed March 3, 2025
254 PARK Avenue S #PHPR
MLS® #RLS11019690
Listing by Douglas Elliman Real Estate
2
Bedrooms
2
Baths
1,673
Sq. Ft.
1913
Year Built
Quick Summary
Property Highlights
- Views: City
- Exposure: North facing
- Outdoor Space: Deck
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Mar 27, 2024 | $3,195,000 | - |
| Price Reduced | Mar 10, 2025 | $2,750,000 | -13.9% |
| Currently | May 4, 2026 | $2,400,000 | -12.7% |
Description
The Final Remaining Sponsor Residence. Welcome home to residence PHP: 1,673 SF split 2BR/2BATH Penthouse complete with a home office and an impressive 550 SF private roof deck.
Upon entering PHP, bask in the European style indoor/outdoor windows with soaring ceilings. Dark stained hardwood floors and cabinetry expertly elevate the spacious home. An open kitchen, featuring stainless steel appliances peers upon the grand living room providing a wonderful flow for hosting and entertaining. Sitting conveniently beyond the grand room is a home office providing further storage and additional space ideal for working from home.
This highly desirable split two-bedroom home features a gracious primary bedroom with high ceilings and an en-suite full-sized bathroom. The mezzanine level loft nestled above the kitchen affords for a wealth of additional space in this thoughtfully designed home. Venture upstairs via a designer spiral staircase and savor your mornings and relish your evenings on your exclusive 550 SF private roof deck haven.
254 Park Avenue South is a historic French limestone building originally built in 1913 and was converted to condominium residences in 2008, offering a delightful mix of loft-like contemporary functionality with historic architectural contrasts. Amenities include a private gym and lounge for residents as well as a 24-hour concierge and resident manager. Situated between Madison Square Park, Gramercy Park and Union Square, residents at 254 Park Avenue South are in the center of it all. With Close proximity to major public transportation and top-rated dining and shopping experiences, this opportunity is not one to be missed.
Some of the photos are virtually staged. All showings and open houses are by appointment only
Capital Assessment: $704.80
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Flatiron
View All Flatiron ListingsThe 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 NeighborhoodActive Listings
122
Median Asking Price
$2.22M
Median $/Sqft
$1,716
Avg Days on Market
N/A
New This Week
4
Price Reduced
27%
Sold (30 Days)
6
Median Sale Price
$2.80M
Live data from RLS at REBNY • Updated 5/4/26, 9:50 AM EST
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Location
254 PARK Avenue S #PHPR, Flatiron, New York County
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $2,311 per month. Confirm the exact amount with the listing broker before making an offer.
This property has 2 bedrooms and 2 full bathrooms.
The listed interior living area is 1,673 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 $2,400,000 for 1,673 sq ft, the asking price per square foot is approximately $1,435. 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) 416-7433Listing Courtesy of Douglas Elliman Real Estate - Justin T Tuinstra
Listing Contact: (917) 535-3113
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 Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 1:50 PM UTC