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254 Park Avenue South, NYC - Condo Apartments
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254 Park Avenue South

254 Park Avenue South

Doorman Condo located in Flatiron/Union Square, between East 20th Street & East 21st Street

$1,665 Avg. price/ft2 Apts. For Sale
$1,636 Avg. price/ft2 Recent Sales
(past 12 months)
  • Apartments For Sale (4)
  • Recent Sales (28)
  • All Units in Building (123)
Unit #
Beds
Baths
Size
Price / Ft2
Price
Listed on
Days on Market
Unit #
Beds
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Closing Price
Price / Ft2
Asking Price
Sold on
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Overview of 254 Park Avenue South

254 Park Avenue South is a 1913 Beaux Arts building reimagined with modern finishes and containing 123 condo units. There is a full-time doorman, 24-hour concierge, live-in superintendent, live-in resident manager, a game room with a pool table and poker table, and a gym. Ideally situated in Flatiron, the building is located blocks from Union Square, Gramercy Park and Madison Square Park -- it is central to Manhattan's most vibrant and sought-after neighborhoods, shopping, and dining. Pets are welcome, and subletting is permitted.

Year Built
1913
Converted: 2008
Apartments
123
Floors
13
Pets: Allowed
Neighborhood
Min Down
20%
123Apartments
View All Past
Sales & Rentals
in Building

Amenities

  • Concierge
  • FT Doorman
  • Pre War
  • Resident Storage
  • Central AC
  • Washer/Dryer in building
  • Elevator
  • Lounge
  • Fitness Center
  • Outdoor Entertainment Space
  • In-Unit Washer/Dryer
  • Game Room
  • Live-In Superintendent
  • Terraces / Balconies

Shh... Many units sell without being publicly listed.

Learn more about off-market listings at 254 Park Avenue South!

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Nearby Subways

  1. 6
at Park Ave 0.11 miles
  1. N
  2. R
at Broadway 0.20 miles
  1. Q
  2. 4
  3. 5
  4. L
at Broadway and 16th 0.24 miles
  1. M
  2. F
at 6th Ave 0.39 miles
  1. 1
  2. 2
  3. 3
at 6th Ave and 16th 0.43 miles

Carter’s Review

"The attractive, 13-story building at 254 Park Avenue South on the northeast corner at 20th Street half a block from Gramercy Park was converted to residential use by Rosen Partners. 

The building, which is also known as 51-55 East 20th Street, was formerly an office building and was converted in the 1980s to a rental apartment building. It was sold in 2005 by the Oregon Public Employees Retirement Fund for about $75 million to the partnership that converted it in 2008 to 123 condominium apartments, some with “lofted” areas overlooking living rooms. "
Read Full Review

Pros & Cons

  • Close to Gramercy Park
  • Doorman
  • Live-in superintendent
  • Pets allowed
  • Poker room in basement
  • Fitness center
  • Good public transportation
  • Convenient to Flatiron and Union Square Districts
  • Pre-war building
  • Close to Subway
  • Considerable traffic
  • No sidewalk landscaping
  • No balconies

CityRealty Rating

24
/44
Architecture
+
24
/36
Location
+
14
/39
Features
+
8
Editor’s Points
=
70
CITYREALTY
RATING
  • How is the CityRealty Rating calculated?

    Architecture
    • 30+ remarkable
    • 20-29 distinguished
    • 11-19 average
    • < 11 below average
    Location
    • 27+ remarkable
    • 18-26 distinguished
    • 9-17 average
    • < 9 below average
    Features
    • 22+ remarkable
    • 16-21 distinguished
    • 9-15 average
    • < 9 below average

Broker & Buyer Comments

This "handsome pre-war" building is "transforming into luxury loft condominiums" while maintaining its "classic loft character" with "soaring ceilings" that "define the spaces"

Sales History by Apartment Size

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Pricing Comparison of Similar Buildings

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Noteworthy Residents

Notable past and present residents at 254 Park Avenue South

Editorial Coverage

Alternate Addresses

  • 254 Park Avenue
  • 51-55 East 20th Street
The 74
between Second Avenue & Third Avenue
Lenox Hill
Gracious Upper East Side condos with Central Park and skyline views. Exquisite half- and full-floor homes by Rafael de Cardenas
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