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
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.