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240 Park Avenue South, #14BE

$4,497,000 ($2,102 per ft2) | 3 beds, 4 baths | Approx. 2,139 ft2
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55 days on Market

Key Details

  • Listed: Mar 5, 2024
    Days on Market: 55
    Building Type: Condominium
    Neighborhood: Flatiron/Union Square (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $4,091
Monthly Real Estate Taxes: $3,004
Total Taxes & Fees: $7,095 ($3.32/ft2)
Est. Monthly Mortgage: $24,835
Total Est. Monthly Carrying Cost: $31,930 ($14.93/ft2)
Note: the above is based on a down payment of 20% ($899,400), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This spacious 2,139 square foot, 3 Bedroom, 3.5 Bath Condominium is located in the prime Flatiron/Union Square neighborhood, with close proximity to Gramercy Park and Union Square, and easy access to subway.
  • High-End Features: The property boasts massive East facing windows, 10’ ceilings, an open Chef’s Kitchen equipped with top of the line appliances including two Sub-Zero refrigerators, Küppersbusch oven, Miele dishwasher and Viking wine cooler, and a primary Bedroom Suite featuring a grand walk-in closet and a spa quality five-fixture bath.
  • Smart Home: The condominium is a smart home managed by a Control 1 system, with built in speakers throughout and Nest dual zone HVAC, and also includes an in-unit Washer and Dryer.
  • Investment Potential: The property offers strong investment potential with the option to retain a flexible tenant.
  • Building Amenities: The building, designed by renowned architects Gwathmey Siegel, offers a range of amenities including a 24-hour doorman and concierge, fitness center, outdoor basketball court, sauna, media room, library, landscaped courtyard, a rooftop terrace, outdoor entertainment space, resident storage, pool, party room, bike room, and live-in superintendent.
  • City View: The condominium offers a stunning city view.

Description

This is the epitome of sophistication, an impeccably designed, 2,139 square foot, 3 Bedroom, 3.5 Bath Condominium in the heart of Flatiron. Bathed in light from the massive East facing windows, looking directly into Gramercy Park and boasting 10’ ceilings, the luxurious, loft like Living Room is fantastic for relaxing, dining and entertaining. The open Chef’s Kitchen is generously equipped with top of the line appliances including: two Sub-Zero refrigerators, Küppersbusch oven, Miele dishwasher and Viking wine cooler. The Primary Bedroom Suite with beautiful South and West facing windows features grand walk-in closet and a spa quality five-fixture bath, dual vanities and a graceful, separate freestanding claw-foot tub.

The second and third Bedrooms both offer en-suite Baths with plentiful closet space. The elegant third Bedroom could easily be used as a Home Office with Gramercy Park views. This smart home is managed by a Control 1 system, with built in speakers throughout and Nest dual zone HVAC and in unit Washer and Dryer perfect for comfortable living and gracious entertaining.

Strong investment potential with the option to retain a flexible tenant. Designed by Gwathmey Siegel and perfectly located in one of Manhattan’s prime locations in Flatiron with Gramercy Park and Union Square nearby, this 17-story condominium features 48 units, a 24-hour doorman and concierge, fitness center, outdoor basketball court, sauna, media room, library, and landscaped courtyard. Select photos virtually staged.

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Listing Agent (Seller's Representative)

Listing courtesy of Sothebys International Realty

Pricing History

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About 240 Park Avenue South

84

240 Park Avenue South has received a CityRealty Rating of 84, 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

25
Out of 44
+
26
Out of 36
+
24
Out of 39
+
9
=
84
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 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:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Impressive 3 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:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 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:
Spacious 4 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes, with Swimming Pool 2 out of 2 points
Private Gardens:
Yes, but Small 1 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
Some 1 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 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:
Yes 1 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • High-Rise
  • Post War
  • Resident Storage
  • Pool
  • Washer/Dryer in building
  • Elevator
  • Party Room
  • Fitness Center
  • Rooftop Terrace
  • Outdoor Entertainment Space
  • Courtyard
  • In-Unit Washer/Dryer
  • Bike Room
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • Designed by Charles Gwathmey
  • Fitness center
  • Roof terrace
  • Entertainment suite with Continental breakfasts
  • Rositano carved stone bathroom sinks
  • Miele dishwashers
  • Jet Mist granite kitchen countertops
  • Sub-Zero refrigerators
  • Lobby has perforated leather walls and limestone floor
  • Concierge
  • Doorman
  • Curved corner windows
  • Close to Subway
Cons
  • No balconies
  • No sidewalk landscaping
  • No garage
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Subways

  1. 6
at Park Ave 0.16 miles
  1. Q
  2. N
  3. R
  4. 4
  5. 5
  6. L
at Broadway and 16th 0.20 miles
  1. M
  2. F
at 6th Ave 0.41 miles
  1. 1
  2. 2
  3. 3
at 6th Ave and 16th 0.41 miles

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