--- title: "254 Park Avenue #5P, New York City, NY 10003" description: "254 Park Avenue #5P, New York City, NY 10003 — Flatiron, New York City, NY. Last Sold Price $1,070,000. Sold on 7/8/2026. 1 bed, 1 bath, 729 sqft" url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/254-park-avenue-p-5P-ny-10003" source: "Real Estate Rebate Team" status: "Closed" --- # 254 Park Avenue #5P, New York City, NY 10003 Flatiron, New York City, NY Courtesy of Keller Williams NYC ## At a Glance - **Last Sold Price**: $1,070,000 - **Status**: Sold on 7/8/2026 - **Beds**: 1 - **Baths**: 1 - **Sqft**: 729 - **Common Charges**: $1,052 / mo - **Monthly Taxes**: $1,381 / mo - **Price per Sqft**: $1,578 - **Brokerage Fee**: Share Eligible This listing was successfully closed and is no longer active on the market. [Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) ## Property Overview Sophisticated contemporary living meets downtown convenience in this exceptional one-bedroom residence with a versatile loft space at 254 Park Avenue South Condominium in the heart of Flatiron. Soaring 12-foot ceilings create an expansive, airy feel throughout the home, while the open layout offers flexibility for both entertaining and everyday comfort. A dedicated nook provides the perfect space for a work-from-home setup. The king-sized bedroom is generously proportioned and easily accommodates nightstands and a dresser while the loft area offers ideal optionality as an extra sleeping space, or substantial storage. This home is thoughtfully designed with abundant storage, including multiple oversized closets and a deep pantry, along with the convenience of an in-unit W/D. Residents of 254 Park Avenue South enjoy premier full-service amenities, including a 24-hour doorman, on-site resident manager, a brand-new state-of-the-art fitness center, and a community lounge and an additional laundry room. 254 PAS places you in the heart of one of Manhattan’s most vibrant and convenient neighborhoods. Just moments from Union Square—home to Whole Foods, the iconic Greenmarket, and an array of shopping and transit options—you’re also a short stroll to the charm of Gramercy Park. Everyday essentials are effortless with Morton Williams nearby along with an abundance of local cafés, fitness studios, and boutique shops. The surrounding area is renowned for its exceptional dining scene, offering everything from celebrated restaurants to cozy neighborhood favorites. There is an assessment for $285.18/month. All measurements are estimates. Some photos have been virtually staged. We support Fair Housing. ## Property Details - **Property Type**: Condominium - **Beds**: 1 - **Baths**: 1 - **Rooms**: 4 - **Sqft**: 729 sqft - **Stories**: 13 - **Year Built**: 1913 - **Price per Sqft**: $1,578 - **Common Charges**: $1,052 / Monthly - **Monthly Taxes**: $1,381 / mo - **Listed On**: May 4, 2026 - **Days on Market**: 136 Days ### Residence Features - Building In Basement - Common On Floor - In Basement - In Unit - Private Outdoor Space Over 60 Sqft ## Estimated Monthly Payment **$8,248 / month**, assuming a 20% down payment ($230,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $5,815 - **Property Taxes**: $1,381 - **Common Charges**: $1,052 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### How this price compares - **Last sold price**: $1,070,000 - **Median sold price**: $1,307,500 - **Difference**: -$237,500 (-18.2%) - **Last sold, $/ft²**: $1,468 - **Median $/ft²**: $1,748 - **Comparable sales**: 24 - **Sales from**: October 2024 – April 2026 - **Middle half of those sales**: $1,172,500 – $1,501,250 Based on condo one-bedroom sales in Flatiron. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Flatiron instead. ### How these sales were negotiated - **Sale-to-list price**: 95.5% (20 sales) - **Sold below asking**: 90% (20 sales) - **Typical time to find a buyer**: 76 days (20 sales) - **Typical time to close**: 54 days (20 sales) Based on condo one-bedroom sales in Flatiron with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. ### Price trend Median sale price, condo and house one-bedroom sales in Flatiron | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $1,800,000 | 29 | | 2018 | $1,327,500 | 18 | | 2019 | $1,191,250 | 12 | | 2020 | $1,240,000 | 17 | | 2021 | $1,300,000 | 21 | | 2022 | $1,625,000 | 37 | | 2023 | $1,840,000 | 23 | | 2024 | $1,460,000 | 13 | | 2025 | $1,307,500 | 18 | Based on recorded condo and house one-bedroom sales in Flatiron. Sales data through April 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. ## Price and Property History for 254 Park Avenue, Unit 5P Review the recorded listing activity for 254 Park Avenue, Unit 5P, including asking-price changes and prior market dates. - **Last sold**: $1,070,000 on July 8, 2026 | Date | Price | Listing event | | --- | --- | --- | | July 8, 2026 | $1,070,000 | Sold | | May 5, 2026 | $1,150,000 | Entered contract | | April 30, 2026 | $1,150,000 | Listed for sale by Keller Williams NYC | ## Flatiron Overview of Flatiron [Explore Flatiron](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Flatiron - [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy) - [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) - [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) - [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village) - [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) - [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town) ## Related Links - [Flatiron neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > 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.