--- title: "254 PARK Avenue #GARDEN, New York City, NY 10010" description: "254 PARK Avenue #GARDEN, New York City, NY 10010 — Flatiron, New York City, NY. Last Sold Price $900,000. Sold on 10/24/2025. 1 bed, 1 bath, 730 sqft" url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/254-park-avenue-garden-GARDEN-ny-10010" source: "Real Estate Rebate Team" dateModified: "2026-08-27T20:25:01.958Z" status: "Closed" --- # 254 PARK Avenue #GARDEN, New York City, NY 10010 Flatiron, New York City, NY Courtesy of Brown Harris Stevens Residential Sales LLC Last updated: August 27, 2026, 4:25 PM ## At a Glance - **Last Sold Price**: $900,000 - **Status**: Sold on 10/24/2025 - **Beds**: 1 - **Baths**: 1 - **Sqft**: 730 - **Common Charges**: $1,072 / mo - **Price per Sqft**: $1,281 - **Brokerage Fee**: Share Eligible This listing was successfully closed and is no longer active on the market.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) ## Photos (3) ![254 PARK Avenue #GARDEN, New York City, NY 10010 — photo 1 of 3](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6415247b-0343-4026-bc9c-d73f8f1e15df.jpg) ![254 PARK Avenue #GARDEN, New York City, NY 10010 — photo 2 of 3](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a384e3e6-f02e-4d3f-82e5-c35b99a9d68d.gif) ![254 PARK Avenue #GARDEN, New York City, NY 10010 — photo 3 of 3](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fd240d1a-5a57-4cb2-bb62-70b8d12a7c5d.gif) ## Property Overview Welcome home to Garden 1P at 254 Park Avenue South in prime Flatiron! Garden 1P is a modern and graciously sized one-bedroom home that's pin-drop quiet and features a private terrace ideal for entertaining or simply taking a much-deserved break as you work from home. Garden 1P features sleek wide-plank wood floors throughout, an open kitchen with stone countertops, a breakfast bar, and premium appliances by Bosch and Liebherr. The living room is large enough for a sectional and even includes a clever dining-nook. Just off the living room is access to your own private oasis, which allows for the ultimate indoor-outdoor living experience. The king size bedroom features two large closets and a Juliet balcony with sliding doors for easy access to fresh air. The bedroom easily accommodates a King-sized bed plus an office space or additional seating area. The bathroom is clad in stone and outfitted with chrome fixtures by Kohler. Additional features of Garden 1P include central air that's operable via a Nest Smart Thermostat and a new in-unit washer/ dryer. 254 Park Avenue South is a neoclassical Beaux Arts condominium located on the northwest corner of Park Avenue and 20th Street, the heart of the Flatiron District. This historic, pre-war limestone building was constructed in 1931 and converted in 2008 to accommodate 123 condominiums across its 12 floors. Amenities in this full-service condominium include: a full-time doorman, resident manager, a well-appointed gym, and a common lounge complete with catering kitchen, poker tables and billiards. LOCATION, LOCATION, LOCATION! Just three short blocks from Union Square, and nestled between Gramercy Park and Madison Square Park, 254 Park Avenue South is located at the crossroads of Gramercy, Flatiron and Union Square. In the immediate vicinity you'll find many of New York City's most exciting restaurants, premier shopping, countless fitness options and, for the home chef, the Union Square Farmers Market, Whole Foods and Trader Joe's. Convenient access to the 6, L, N/Q/R, 4/5, F/M and PATH will take you anywhere else in the city and beyond! PLEASE NOTE: - IF THE PROPERTY IS USED AS A PRIMARY RESIDENCE, THE OWNER MAY QUALIFY FOR THE NYC COOPERATIVE AND CONDOMINIUM TAX ABATEMENT, WHICH CAN REDUCE PROPERTY TAXES BY UP TO 17.5% ANNUALLY ## Property Details - **Property Type**: Condominium - **Beds**: 1 - **Baths**: 1 - **Rooms**: 3 - **Sqft**: 730 sqft - **Stories**: 13 - **Year Built**: 1913 - **Price per Sqft**: $1,281 - **Common Charges**: $1,072 / Monthly - **Listed On**: Feb 26, 2025 - **Days on Market**: 568 Days ### Residence Features - Building Other - Washer Hookup - In Unit - Private Outdoor Space Under 60 Sqft - Washer Dryer Allowed ## Estimated Monthly Payment **$5,800 / month**, assuming a 20% down payment ($187,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $4,728 - **Common Charges**: $1,072 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 18 apartments at 254 PARK Avenue SOUTH have recorded sales since September 2021, the most recent for $1,070,000 in July 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | [5P](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/254-park-avenue-p-5P-ny-10003) (Apartment) | 1 | 729 | $1,070,000 | $1,468/ft² | July 8, 2026 | MLS | | 3-L (Apartment) | 1 | 716 | $970,000 | $1,355/ft² | June 11, 2026 | MLS | | 7PR (Apartment) | 2 | 1,235 | $1,930,000 | $1,563/ft² | February 4, 2026 | MLS | | GARDEN (Apartment) | 1 | 730 | $900,000 | $1,233/ft² | October 24, 2025 | MLS | | 6C (Apartment) | 1 | 669 | $1,250,000 | $1,868/ft² | May 16, 2025 | MLS | | 9A (Apartment) | 2 | 1,200 | $1,800,000 | $1,500/ft² | May 7, 2025 | MLS | | PHPR (Apartment) | 2 | 1,673 | $2,400,000 | $1,435/ft² | March 3, 2025 | MLS | | 7KL (Apartment) | 2 | 949 | $1,695,000 | $1,786/ft² | August 19, 2024 | MLS | | 7B (Apartment) | 2 | 900 | $1,200,000 | $1,333/ft² | July 1, 2024 | MLS | | 4N (Apartment) | 1 | 706 | $960,000 | $1,360/ft² | September 15, 2023 | MLS | | 11-B (Apartment) | 1 | — | $950,000 | — | July 7, 2023 | MLS | | 2-PR (Apartment) | 2 | 1,235 | $1,700,000 | $1,377/ft² | April 6, 2023 | MLS | | 7D (Apartment) | 2 | 1,415 | $2,900,000 | $2,049/ft² | August 12, 2022 | MLS | | 5R (Apartment) | Studio | 506 | $790,000 | $1,561/ft² | June 2, 2022 | MLS | | PHM (Apartment) | 1 | 965 | $1,518,213 | $1,573/ft² | February 4, 2022 | MLS | | 8P (Apartment) | 1 | 729 | $1,150,000 | $1,578/ft² | December 1, 2021 | MLS | | 5-HJ (Apartment) | 2 | 943 | $1,550,000 | $1,644/ft² | November 19, 2021 | MLS | | 3-O (Apartment) | 1 | — | $921,000 | — | October 20, 2021 | MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares - **Last sold price**: $900,000 - **Median sold price**: $970,000 - **Difference**: -$70,000 (-7.2%) - **Last sold, $/ft²**: $1,233 - **Median $/ft²**: $1,468 - **Comparable sales**: 9 - **Sales from**: October 2021 – July 2026 - **Middle half of those sales**: $950,000 – $1,150,000 Based on one-bedroom sales at 254 PARK Avenue SOUTH. ### How these sales were negotiated - **Sale-to-list price**: 93% (7 sales) - **Sold below asking**: 100% (7 sales) - **Typical time to find a buyer**: 124 days (7 sales) - **Typical time to close**: 56 days (7 sales) Based on one-bedroom sales at 254 PARK Avenue SOUTH 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 price per square foot, sales at 254 PARK Avenue SOUTH | Year | Median $/ft² | Sales | | --- | --- | --- | | 2017 | $1,792/ft² | 4 (thin) | | 2019 | $1,585/ft² | 5 | | 2021 | $1,542/ft² | 12 | | 2022 | $1,573/ft² | 3 (thin) | | 2025 | $1,467/ft² | 4 (thin) | | 2026 YTD | $1,468/ft² | 3 (thin) | Based on recorded sales at 254 PARK Avenue SOUTH. 2026 is year-to-date. Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning. Sales data through July 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. [See every recorded sale at 254 PARK Avenue SOUTH](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/254-park-avenue-south) ## Price and Property History for 254 PARK Avenue, Unit GARDEN Review the recorded listing activity for 254 PARK Avenue, Unit GARDEN, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $10,000, or 1.1%, on May 28, 2025 - **Originally listed**: February 26, 2025 at $985,000 - **Last sold**: $900,000 on October 24, 2025 | Date | Price | Listing event | | --- | --- | --- | | October 24, 2025 | $900,000 | Sold | | August 25, 2025 | $935,000 | Entered contract | | May 28, 2025 | $935,000 | Asking price reduced by $10,000, or 1.1% | | February 26, 2025 | $985,000 | Listed for sale by Brown Harris Stevens Residential Sales LLC | ## About The Building ### 254 PARK Avenue SOUTH Flatiron · Condominium 254 PARK AVENUE SOUTH, New York, NY 10010 A building in Flatiron, currently featuring 1 active listing. - **Year Built**: 1913 - **Active Units**: 1 - **Floors**: 13 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/254-park-avenue-south) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [2PR](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/254-park-avenue-pr-2PR-ny-10010) | 2 | 2 | 1,235 sqft | $1,497 | $1,849,000 (-2.6%) | Douglas Elliman Real Estate | Dec 8, 2025 | 283 days | ### Recently Sold (1) | Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [GARDEN](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/254-park-avenue-garden-GARDEN-ny-10010) | 1 | 1 | 730 sqft | $1,233 | $900,000 | Brown Harris Stevens Residential Sales LLC | Feb 26, 2025 | Oct 24, 2025 | ## 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 - [254 PARK Avenue SOUTH — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/254-park-avenue-south) - [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.