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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10010
  6. 254 Park Avenue #6PR
Property thumbnail
1 / 10
Condominium•Flatiron

254 Park Avenue #6PR, New York City, NY 10010

Listing Courtesy of Compass

$1,875,000

Potential Rebate: $28,125

Condominium
2 Beds
2 Baths
5 Rooms
1,235 sqft
Built 1913
13 Stories
1,518/ft²
Listed on Oct 10, 2025
78 days on market
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Overview

Welcome to residence 6PR at 254 Park Avenue South—a serene, pin-drop quiet home where original architectural details meet modern luxury. Soaring 12-foot ceilings immediately create a sense of volume and openness, while a soft, light-filled palette enhances the loft-like ambiance. Wide-plank hardwood floors add warmth and elegance throughout, complemented by a smart, three-zone HVAC system for personalized comfort.

The open-concept kitchen is both stylish and functional, featuring sleek stone countertops, a Liebherr refrigerator, Bosch appliances, gas range, and an in-unit washer/dryer combo. The expansive primary suite spans an impressive 12' x 29', offering the feel of a private apartment within the home. It boasts a spa-like en-suite bath with a luxurious soaking tub, custom Kohler fixtures, and an enormous, custom-designed walk-in closet. If you're in need of a home office, den, or playroom, there’s plenty of space to create one—see the alternate floor plan for inspiration. The second full bathroom continues the home’s refined aesthetic, with Kohler fixtures and modern finishes.

Residents of 254 Park Avenue South enjoy access to a suite of exceptional amenities, including a 24-hour doorman and concierge, an on-site resident manager, a private fitness center, and the exclusive Park Lounge—1,400 square feet of social and entertainment space complete with a bar, billiard tables, and New York City's first dedicated poker room.

Located just three blocks from Union Square, one block from Gramercy Park, and two blocks from Madison Square Park, this prime address offers unparalleled access to the best of downtown Manhattan. Enjoy top-rated restaurants, cafes, boutiques, and markets including Trader Joe’s, Eataly, Whole Foods, and the Union Square Greenmarket. With multiple subway and bus lines, and Citi Bike stations just moments away, getting around the city is effortless.

Home Features

  • •Central Air
  • •Building Washer Dryer Install Allowed
  • •Common On Floor
  • •Common Area
  • •In Unit
  • •Juliet Balcony
  • •Private Outdoor Space Under 60 Sqft
  • •High Ceilings

Estimated Monthly Payment

$12,956 per month

30 year fixed, 6.28% Interest

Principal and Interest
$9,265
Property Taxes
$1,938
Maintenance/Common Charges
$1,753

Estimated Rebate for this Home

One-time rebate at closing

$28,125

Monthly savings impact

$78/mo

💡 Estimated at 1.5% of purchase price

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).

Similar Homes

10 MADISON Square #7A, New York City, NY 10010
Listed on Sep 13, 2024
20 Photos
$1,875,000

10 MADISON Square #7A, New York City, NY 10010

Listing Courtesy of Douglas Elliman Real Estate

1 Beds
1 Baths
4 Rooms
890 sqft
Built 1915
View Details

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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

The Real Estate Rebate Team

Listing Courtesy of Compass

Data Source: TRESTLE #RLS20054046

REBNY Logo

Price Analysis

Compare average listing prices and value metrics for 254 Park Avenue against the surrounding Flatiron market.

Based on 2 active units in building vs 91 in area

Average List Price

Building$1.5M
Neighborhood$3.6M

Price Per SqFt

Building Avg$1,430/ft²
Neighborhood Avg$1,878/ft²
Value Opportunity

23.81% Lower

than the Flatiron price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

Flatiron

Overview of Flatiron

Flatiron is named after its iconic building. It is a hub of tech and design. For buyers seeking Flatiron Manhattan real estate, it offers loft living.

Living in Flatiron is central. As a Manhattan NYC neighborhood, it is fashionable.

Real Estate & Housing Market

The market for homes for sale in Flatiron includes sprawling lofts.

Lifestyle & Community

The lifestyle in Flatiron is sophisticated.

Transportation & Accessibility

Flatiron is served by the N/R/W trains.

Parks, Schools & Amenities

Madison Square Park is the front yard.

Amenities: Eataly Eataly is a major draw.

Who This Neighborhood Is Best For

Flatiron is best for fashionistas and tech workers.

Flatiron GuideAll Neighborhoods
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