Listing Courtesy of Douglas Elliman Real Estate
$2,950,000
Potential Rebate: $44,250
<p> <strong>BRAND NEW TO MARKET: Stunning Loft-Style Corner Condo with 11ft Ceilings on Prime Park Avenue South in the Heart of Flatiron </strong></p> <p>This spectacular 2-bedroom, 2.5-bath home in coveted downtown location features a grand corner Living/Dining expanse with seven massive windows. A large, chef-inspired modern kitchen is outfitted with high-en d stainless steel appliances, complemented by elegant stone countertops. Lavish Primary Suite includes a dramatic stone-clad five-fixture bathroom, endless closets and three oversized windows. Second bedroom has also an en-suite bathroom and two colossal windows. The magnificent layout also includes a spacious powder room, wide entrance hall, soaring beamed ceilings, and sleek wenge-colored wide-plank hardwood floors. With walls of oversized windows in EVERY room, the residence is flooded with natural light and amazing views, offering a unique sense of openness and creating a sophisticated and happy loft-like atmosphere. There is a capital assessment of 2246.99 per month until December 31, 2025.</p> <p>This beautifully restored and recently redeveloped Beaux Arts building offers a full suite of amenities, including a fully equipped state-of-the-art fitness center and the "Park Lounge" featuring pool tables along with a bar. Also on site is a 24-hour doorman/ concierge service and an on-site resident manager, ensuring a seamless living experience.</p> <p>A rare opportunity to own and live in a truly exceptional home on the most coveted downtown address, Must be seen to be fully appreciated. Hurry won't last!</p>
$16,586 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$44,250
Monthly savings impact
$123/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).
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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 Douglas Elliman Real Estate
Data Source: TRESTLE #RLS20028867

Compare average listing prices and value metrics for 254 PARK Avenue SOUTH against the surrounding Flatiron market.
than the Flatiron price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within 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.
The market for homes for sale in Flatiron includes sprawling lofts.
The lifestyle in Flatiron is sophisticated.
Flatiron is served by the N/R/W trains.
Madison Square Park is the front yard.
Amenities: Eataly Eataly is a major draw.
Flatiron is best for fashionistas and tech workers.

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