254 Park Avenue South

Condo located in Flatiron/Union Square, between East 20th Street & East 21st Street

Description of 254 Park Avenue South

254 Park Avenue South is a 1913 Beaux Arts building reimagined with modern finishes and containing 123 condo units. There is a full-time doorman, 24-hour concierge, live-in superintendent, live-in resident manager, a game room with a pool table and poker table, and a gym. Ideally situated in Flatiron, the building is located blocks from Union Square, Gramercy Park and Madison Square Park -- it is central to Manhattan's most vibrant and sought-after neighborhoods, shopping, and dining. Pets are welcome, and subletting is permitted.

Building Facts

Year Built: 1913

Converted Year: 2008

Building Type: Condo

Neighborhood: Flatiron/Union Square (Manhattan)

Minimum Down: 20%
Total Apartments: 123 123

Total Floors: 13

Doorman: FT Doorman

Pets: Allowed

Total Floorplans:

Apartment Pricing Stats

$1,780

Avg. Price / ft²

Apartments for Sale (3)

$120

Avg. Price / ft²

Apartments for Rent (2)

$1,624

Avg. Price / ft²

Recent Sales (3)

Building Amenities

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

Apartments for Sale at 254 Park Avenue South (3) View history of all units

3

Available Apts

$1.1M - $4.75M

Price Range

$1,780

Avg. Price / ft²

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Apartments for Rent at 254 Park Avenue South (2) View history of all units

2

Available Apts

$6,950

Prices Start At

$120

Avg. Price / ft²

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254 Park Avenue South: Rating

24

Out of 44

+

24

Out of 36

+

14

Out of 39

+

8

=

70

#31 Rated condo - Flatiron/Union Square

Carter Horsley's Review of 254 Park Avenue South

"The attractive, 13-story building at 254 Park Avenue South on the northeast corner at 20th Street half a block from Gramercy Park was converted to residential use by Rosen Partners.

The building, which is also known as 51-55 East 20th Street, was formerly an office building and was converted in the 1980s to a rental apartment building. It was sold in 2005 by the Oregon Public Employees Retirement Fund for about $75 million to the partnership that converted it in 2008 to 123 condominium apartments, some with “lofted” areas overlooking living rooms. " Read Carter's Full Review

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

Broker & Buyer Comments

"The builing is a pre-war rental building, currently converting to luxury loft condominums."

"Conversion of a loft building, high-ceilings"

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Area Map | StreetView

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