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In Contract

254 Park Avenue South, #PHPR

$2,750,000 ($1,644 per ft2) | 2 beds, 2 baths | Approx. 1,673 ft2
Building Profile  | 
17 days on Market

Key Details

  • Listed: Nov 5, 2024
    Days on Market: 17
    Building Type: Condominium
    Neighborhood: Flatiron/Union Square (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $2,311
Monthly Real Estate Taxes: $3,147
Total Taxes & Fees: $5,458 ($3.26/ft2)
Est. Monthly Mortgage: $14,651
Total Est. Monthly Carrying Cost: $20,109 ($12.02/ft2)
Note: the above is based on a down payment of 20% ($550,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Expansive Private Roof Deck: Enjoy an impressive 550 SF private roof deck, perfect for morning coffee or evening gatherings.
  • Luxurious Penthouse Living: This split 2BR/2BATH penthouse offers soaring ceilings and dark stained hardwood floors, exuding elegance.
  • Home Office Space: A dedicated home office provides additional storage and a quiet area for remote work, enhancing functionality.
  • Gourmet Open Kitchen: The open kitchen features stainless steel appliances, seamlessly connecting to the grand living room for entertaining.
  • Historic Charm with Modern Amenities: Housed in a historic 1913 Beaux Arts building, this residence combines contemporary finishes with architectural elegance.
  • Full-Service Building Amenities: Enjoy a full-time doorman, 24-hour concierge, fitness center, and lounge, ensuring a luxurious lifestyle.

Description

The Final Remaining Sponsor Residence. Welcome home to residence PHP: 1,673 SF split 2BR/2BATH Penthouse complete with a home office and an impressive 550 SF private roof deck.

Upon entering PHP, bask in the European style indoor/outdoor windows with soaring ceilings. Dark stained hardwood floors and cabinetry expertly elevate the spacious home. An open kitchen, featuring stainless steel appliances peers upon the grand living room providing a wonderful flow for hosting and entertaining.

Sitting conveniently beyond the grand room is a home office providing further storage and additional space ideal for working from home.

This highly desirable split two-bedroom home features a gracious primary bedroom with high ceilings and an en-suite full-sized bathroom. The mezzanine level loft nestled above the kitchen affords for a wealth of additional space in this thoughtfully designed home. Venture upstairs via a designer spiral staircase and savor your mornings and relish your evenings on your exclusive 550 SF private roof deck haven.

254 Park Avenue South is a historic French limestone building originally built in 1913 and was converted to condominium residences in 2008, offering a delightful mix of loft-like contemporary functionality with historic architectural contrasts.

Amenities include a private gym and lounge for residents as well as a 24-hour concierge and resident manager. Situated between Madison Square Park, Gramercy Park and Union Square, residents at 254 Park Avenue South are in the center of it all. With Close proximity to major public transportation and top-rated dining and shopping experiences, this opportunity is not one to be missed.

Some of the photos are virtually staged.

All showings and s are by appointment only

Capital Assessment: $704.80

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Apartment Amenities

  • Northern Exposures
Listing courtesy of Douglas Elliman Real Estate

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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