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254 Park Avenue S 7PNew York, NY 10010

For Sale

$1,999,000

Smart Buyer Rebate $24,988

This exquisite home is the epitome of luxury downtown living at 254 Park Avenue South, boasting an open and airy layout, incredibly high 13-foot ceilings and floor to ceiling windows. This pin-drop quiet, courtyard facing home has an exceptional layout boasting two large split bedrooms, each with an en-suite bathroom. Enjoy grand entertaining and comfortable living in the huge open living room with a large open area for dining. The modern open kitchen is equipped with lengthy countertops, custom cabinetry, stainless steel appliances . Sliding doors reveal an enormous prime suite with two walk-in closets and a large bath with a tub and stall shower. Topping off this home is an in-unit washer/dryer and gorgeous wood flooring.

254 Park Avenue South is an exceptionally managed condominium offering 24 hour doormen, a resident’s lounge with a billiards room, and a bar, gym and a resident manager.

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.
There is a capital assessment of $1961.08 per month until December 31, 2025.

Listed by Eileen M Foy

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License #30FO0888086

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Compass

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(347) 463-8128

Listed by Ana Ozashvili

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License #10401328771

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Compass

Last updated August 28, 2025

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Source: REBNY #RLS20011600

Listing Facts

  • TypeCondo
  • NeighborhoodFlatiron District
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu167
  • HOA/Maint. Fees$1,753/month
  • Taxes$23,112/year
  • Size1,235 sqft
  • Price per sqft$1,619

Amenities

  • Washer/Dryer
  • Pets Allowed
  • Concierge

Location

Mortgage Calculator

Listing History

05/14/2025
Price Decreased
$1,999,000
03/25/2025
Listed by Compass
$2,195,000

Estimated Closing Costs

Total
$73,118
Attorney Fees
$4,000
NYC Mansion Tax
$19,990
Title Insurance
$8,996
Bank Attorney
$1,500
Mortgage Recording Tax
$34,632
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,999,000 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 7P

Association

Amenities

  • Pets Allowed: Building Yes
  • Concierge: Doorman Full Time, Concierge Yes

Fees

  • Association Fee: $1,753.00 Monthly

Financial

  • Flip Tax: 2.0%
  • Flip Tax Remarks: Mandatory Contribution To Working Capital Fund Equivalent To 2 Months Common Charges Paid By Purchaser At Closing

Compensation

Commissions

  • Buyer Agency Compensation: 2.5Percent

Exterior

Construction

  • Number Of Units Total: 124
  • Property Condition: Excellent
  • Stories Total: 13
  • Structure Type: Mixed Use
  • Year Built: 1913
  • Entry Level: 7

Features

  • Building Features: Elevator(s)

Measurements

  • Lot Size Dimensions: 0
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Tax Annual Amount: $23,112.00

Interior

Features

  • Appliances: Dryer, Washer

Measurements

  • Living Area: 1,235
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Rooms Total: 5

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Flatiron
  • Tax Block: 00849
  • Tax Lot: 1608

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Laundry Features: Common Area

Based on information from 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 in the market. ©2025 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.