240 PARK Avenue #5A, New York City, NY 10003
Listing Courtesy of Corcoran Group
$2,999,000
Potential Rebate: $44,985
Overview
Sunlight abundant 2 bed, 2 bath condominium. Southeast exposure from a curved wall of oversized windows, overlooking prime Park Avenue South, allows for beautiful light all day and views looking down the avenue to Union Square. <br> <br> Nearly 1600 square feet, this home has 10-foot ceilings and a smart layout with bedrooms on opposite sides of the apartment.<br> <br> Superb Flatiron location, surrounded by many of NYC's top restaurants and retail, and moments to Madison Square Park, Eataly, Union Square and subways.<br> <br> Gwathmey Siegel designed residence offers quality stone finishings in both the kitchen and bathrooms, hardwood floors throughout, open kitchen with Viking, Sub Zero, Kueperbusch, and Miele, granite counter tops and modern cabinetry.<br> <br> Each luxury bath has marble lined showers and marble encased, soaking tubs. The very large primary bath has beautiful Dombracht fixtures, a custom-installed Toto toilet, one-piece carved out vanity in Positano stone, cast-iron soaking tub, and separate glass enclosed shower.<br> <br> This home has central A/C, several large closets and washer / dryer.<br> <br> 24-hour doorman and concierge, and outstanding building amenities include a large gym, outdoor basketball court, children's playroom, library and cold storage<br> <br> No flip tax. Taxes stated do not include star abatement. <strong></strong>
Home Features
- •Washer Hookup
- •In Unit
- •Washer Dryer Allowed
- •City
Estimated Monthly Payment
$18,024 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$44,985
Monthly savings impact
$125/mo
Effective Purchase Price
$2,954,015
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
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. ©2026 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20064402
RLS at 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. ©2026 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20064402
RLS at REBNY
Price Analysis
Compare average listing prices and value metrics for 240 PARK Avenue against the surrounding Flatiron market.
Average List Price
Price Per SqFt
34.45% Higher
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
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.
