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254 Park Avenue S 5PNew York, NY 10003

For Sale

$1,150,000

Smart Buyer Rebate $14,375

Seller will pay mansion tax! 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.

Listed by Alix E Shulman

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PRESTIGE PROPERTIES INTERNATIONAL

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(973) 222-0989

Last updated April 01, 2026

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Source: REBNY #RLS20072486

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeCondo
  • NeighborhoodFlatiron District
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu46
  • HOA/Maint. Fees$1,052/month
  • Size729 sqft
  • Price per sqft$1,578

Amenities

  • Private Outdoor Space
  • Concierge

Location

Mortgage Calculator

Listing History

02/17/2026
Listed by PRESTIGE PROPERTIES INTERNATIONAL
$1,150,000

Estimated Closing Costs

Total
$71,085
Attorney Fees
$4,000
NYC Mansion Tax
$11,500
Title Insurance
$5,175
Bank Attorney
$1,500
Mortgage Recording Tax
$19,923
Other Closing Costs
$4,000
NY State Transfer Tax
$4,600
NYC Transfer Tax
$16,387
Seller's Attorney Fee
$4,000

Estimated closing costs are based on the list price of $1,150,000 and a 10% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 254 Park Avenue S 5P

Association

Amenities

  • Pets Allowed: Building Yes, No
  • Concierge: Doorman Full Time, Concierge Full Time

Fees

  • Association Fee: $1,052.00 Monthly

Exterior

Construction

  • New Construction: Yes
  • Number Of Units Total: 123
  • Stories Total: 13
  • Structure Type: High Rise
  • Year Built: 1913
  • Building Name: 254 PARK AVE SOUTH
  • Entry Level: 5

Interior

Measurements

  • Living Area: 729
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
  • Rooms Total: 4

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Flatiron
  • Tax Block: 00849
  • Tax Lot: 7508

Utilities

Equipment

  • Laundry Features: Washer Hookup, In Unit

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There is 1 bedroom and 1 bathroom in this condo at 254 Park Avenue S 5P.

How does 254 Park Avenue S 5P compare to other condos in Flatiron District?

This condo is listed 71% below the average price for condos in Flatiron District and has been on the market for 81 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the 254 Park Ave South building.

What is the square footage on this condo?

According to the MLS, this listing is 729 sqft.

254 Park Avenue S 5P is a 1-bedroom, 1-bath condo for sale in New York NY 10003. On Prevu for 46 days at $1,150,000. This home features 729 square feet of living space, located in Flatiron District. The median listing price for condos in this area is $2,995,000. The home offers private outdoor space and doorman. Explore more condo listings in Manhattan.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2026 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.