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254 Park Avenue South, #5P

$1,098,000 ($1,506 per ft2) | 1 bed, 1 bath | Approx. 729 ft2
Building Profile  | 
72 days on Market

Key Details

  • Listed: Oct 11, 2024
    Last Price Change: ($52,000) on Dec 5
    Days on Market: 72
    Building Type: Condominium
    Neighborhood: Flatiron/Union Square (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $1,007
Monthly Real Estate Taxes: $1,379
Total Taxes & Fees: $2,386 ($3.27/ft2)
Est. Monthly Mortgage: $5,832
Total Est. Monthly Carrying Cost: $8,218 ($11.27/ft2)
Note: the above is based on a down payment of 20% ($219,600), which is the minimum amount permitted by the building.

Open house:

  • The afternoon of Sunday, Dec 22
By appointment only.

Description

Sophisticated contemporary design meets prewar elegance in this 1 Bedroom plus large loft at the full-service 254 Park Avenue South Condominium in prime Flatiron. With soaring 12 foot beamed ceilings and two floor-to-ceiling Juliet balconies, the space offers open and flexible living including the perfect nook for work from home optionality. The sleek, open kitchen features premium Bosch, Liebherr, and Kohler appliances, complemented by a plethora of stone countertops and cabinet storage.

Stylish wide oak floors run throughout the living area and bedroom, separated by stylish pocket doors for convenience.

The king sized bedroom has ample room for a sitting area or alternative work from home setup and oversized closet. The spa-like bathroom includes lavastone finishes and an oversized glass-enclosed shower for a true retreat. This home offers abundant storage with 3 large closets including a deep closet adjacent to the kitchen serving as a pantry, a washer/dryer and a versatile sleep loft ideal for a guest sleeping area, home office and/or massive storage.

Enjoy the convenience and luxury of a full-time doorman, an expansive complimentary fitness center, and a private residents’ lounge.

Managed by a full-time resident manager, this Park Avenue South gem offers the perfect blend of style, comfort, and amenities in one of Manhattan’s most coveted locations at the nexus of Nomad, Gramercy, Greenwich Village and Chelsea. Pied-a-terres, investors and trust purchasers and pets welcome. Real estate taxes displayed may be reduced by 17.5% if purchasing as your primary residence (Consult your CPA).

All measurements and square footages are approximate and all information should be confirmed by customer.

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Listing courtesy of Brown Harris Stevens Residential Sales LLC

Pricing History

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About 254 Park Avenue South

70

254 Park Avenue South has received a CityRealty Rating of 70, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

24
Out of 44
+
24
Out of 36
+
14
Out of 39
+
8
=
70
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
Attractive 4 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
Some 0 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
11-14 Feet 3 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
None 0 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Conversion Year: 2008
  • 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

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Pros
  • 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
Cons
  • Considerable traffic
  • No sidewalk landscaping
  • No balconies
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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

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