Enjoy exceptional loft living in the Gramercy/Flatiron District in this exquisite two-bedroom, two-bathroom condominium featuring an expansive open layout, soaring ceilings and pin-drop quiet ambiance in one of New York City’s most sought-after neighborhoods.
Inside this 1,235-square-foot showplace, beamed ceilings dotted with recessed lighting and speakers rise 13 feet high over wide-plank hardwood floors and floor-to-ceiling windows facing the building’s peaceful courtyard. A gracious foyer with a roomy coat closet opens to the sleek open kitchen, where custom cabinetry and thick slab countertops surround stainless steel appliances, including a gas cooktop, dishwasher, and built-in microwave. Plan your next dinner party under a crystal chandelier in the adjacent dining area or stretch out and relax in the spacious living room.
The desirable split-bedroom layout begins with a serene primary suite featuring a king-size bedroom. An oversized walk-in closet/dressing room leads to the en suite primary bathroom, where a soaking tub and shower are surrounded by floor-to-ceiling tile. Off the living room, pocket doors reveal a huge secondary suite with a private bathroom and two closets, including a walk-in. An in-unit washer-dryer and central HVAC add comfort and convenience to this fantastic Flatiron sanctuary.
254 Park Avenue South is a gorgeous French limestone building constructed in the Beaux Arts style in 1913 and completely renovated in 2009. Residents of the pet-friendly condominium enjoy 24-hour doorman, concierge and on-site resident manager service, plus a fitness center, laundry facilities, and a courtyard. Set on the corner of Park Avenue South and 20th Street, this Flatiron home offers easy access to unbeatable open space and world-class shopping and dining. Spend the afternoon at Madison Square Park and browse Union Square’s year-round greenmarket. Indulge in Michelin-starred Eleven Madison Park, or explore Eataly, Whole Foods, Fairway Market and Trader Joe’s all nearby. Transportation is effortless with 4/5/6, N/Q/R/W, L, F/M and PATH trains, excellent bus service and CitiBikes all nearby.
Listed by Kiran Mummidichetty
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Compass
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(732) 309-0788
Last updated October 19, 2025
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Source: REBNY #RLS20055020
Listing Facts
TypeCondo
NeighborhoodFlatiron District
Bedrooms2
Bathrooms2
Days on Prevu8
HOA/Maint. Fees$1,753/month
Taxes$23,268/year
Size1,235 sqft
Price per sqft$1,579
Location
Mortgage Calculator
Listing History
10/15/2025
Listed by Compass
$1,950,000
Estimated Closing Costs
Total
$71,558
Attorney Fees
$4,000
NYC Mansion Tax
$19,500
Title Insurance
$8,775
Bank Attorney
$1,500
Mortgage Recording Tax
$33,783
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,950,000 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.
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.