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In Contract

260 Park Avenue South, #12I

$2,200,000 ($1,657 per ft2) | 2 beds, 2.5 baths | Approx. 1,328 ft2
Building Profile  | 
569 days on Market

Key Details

  • Listed: May 2, 2023
    Days on Market: 569
    Building Type: Condominium
    Neighborhood: Flatiron/Union Square (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $1,822
Monthly Real Estate Taxes: $1,641
Total Taxes & Fees: $3,463 ($2.61/ft2)
Est. Monthly Mortgage: $11,674
Total Est. Monthly Carrying Cost: $15,137 ($11.40/ft2)
Note: the above is based on a down payment of 20% ($440,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: Located in the Flatiron/Union Square neighborhood at 260 Park Avenue South, this apartment is close to Michelin Star restaurants and Union Square transportation.
  • Luxurious Interior: The apartment features 2 bedrooms, 2.5 bathrooms, high ceilings, deep-set windows, solid oak flooring, and a separate dining room that can be converted into a guest room.
  • High-End Kitchen: The open kitchen provides a chef-level experience with a vented range, Italian limestone backsplash, wine refrigeration, and a suite of Bosch, Viking and Sub-Zero appliances, complemented by a 10ft eat-at Calcutta marble island.
  • Spacious and Private Layout: The split bedroom layout is ideal for privacy, with the primary bedroom featuring two closets and a spa-like bathroom with rich Travertine stone, double sinks, a rainfall shower, and a separate deep soaking tub.
  • Full-Service Building: The building offers a full-time doorman, concierge service, two private outdoor roof decks, a gym, bike storage, and a live-in resident manager.
  • Financial Details: The apartment is listed for $2,200,000 with monthly common charges of $1,822, real estate taxes of $1,641, and total taxes & fees of $3,463.

Description

Located in the heart of Gramercy at Park Avenue South and 21st Street, this top luxe, pre-war, full-service condominium is set apart by its proportion and scale. Located at the top of the building, this residence is set apart by its light all day long. Flawless finishes are accompanied by soaring ceiling heights and deep-set windows that flank the entire residence facing south, creating an environment where quality and flexibility are paramount.

This unit faces away from the street, so it is pin drop quiet and exceedingly private. The chic two-bedroom hosts a separate dining room which can be converted to a guest room, plus two full baths and one half powder room, providing one of the best two-bedroom layouts in the building.

One arrives into a foyer joined by a well-appointed and smartly located powder bathroom. The loft-style, open kitchen provides a chef-level experience with thoughtful details that include a vented range, Italian limestone backsplash, wine refrigeration, and a suite of Bosch, Viking and Sub-Zero appliances-all complemented by an impressive 10ft eat-at Calcutta marble island, which allows ample seating in addition to the separate dining area.

The open layout transitions seamlessly to a generously sized great room, where 11ft ceilings enhance the scale of the home and embrace the grandeur of this sought-after building.

Solid oak flooring flows organically from the living room to a four-to-six person dining area, which provides options for an extra room for guests, a private study, nursery or media room.

This split bedroom layout is ideal for privacy, with the second bedroom offering its own private en-suite bathroom and a huge walk-in California closet. The primary bedroom is oversized and exceptionally handsome. Two fantastic closets provide ample storage, while the primary bathroom is outfitted in rich Travertine stone, double sinks, a rainfall shower and separate, deep soaking tub, displaying spa-level finishes throughout every inch.

The building at 260 Park Ave South came to life when the initial architect, Carl Fisher, and designer Shamir Shah converged to create one of the most beautifully appointed and sought-after luxury conversions in the downtown market today.

Residents enjoy white glove concierge service, two private outdoor roof decks, a live-in resident manager, bike storage, gym and a coveted location next to some of the most celebrated Michelin Star restaurants in the city. Nearest transportation provides the 4-5-6, N/R and Q train at Union Square.

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Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About 260 Park Avenue South

77

260 Park Avenue South has received a CityRealty Rating of 77, 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
+
26
Out of 36
+
19
Out of 39
+
8
=
77
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:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 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:
Very Attractive 3 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:
Less than 3 Short Blocks 2 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:
Substantial 2 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 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:
Many 2 out of 2 points

Building Amenities

  • Conversion Year: 2008
  • Concierge
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Garden
  • Health Club
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Fitness Center
  • Outdoor Entertainment Space
  • In-Unit Washer/Dryer
  • Bike Room
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • Good Flatiron District location
  • Fitness center
  • Concierge
  • Most bathrooms have two sinks
  • High ceilings
  • Good public transportation
  • Convenient to many restaurants
  • Japanese rock garden
  • Four rooftop gardens
  • Close to Subway
Cons
  • Many apartments
  • No sidewalk landscaping
  • No balconies
  • Considerable traffic
  • No garage
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Subways

  1. 6
at Park Ave 0.09 miles
  1. N
  2. R
at Broadway 0.19 miles
  1. Q
  2. 4
  3. 5
  4. L
at Broadway and 16th 0.26 miles
  1. M
  2. F
at 6th Ave 0.39 miles
  1. 1
  2. 2
  3. 3
at 6th Ave and 16th 0.45 miles

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