254 Park Avenue #3L, New York City, NY 10010
Listing Courtesy of Compass
$1,050,000
Potential Rebate: $15,750
Overview
Welcome to Residence 3L - the most sought after loft line in this full service condo building - a bright and beautiful renovated home in one of the best condo buildings of Flatiron. This apartment has soaring 14 foot ceilings and oversized picturesque windows allowing for abundant southern light all day long. Features also include: in-unit laundry (washer / dryer), stone countertops, Liebherr refrigerator, Miele hood, Kohler chrome fixtures, and glass-enclosed shower. Best part of all, the lofted bedroom area is a true standing loft and can easily accommodate a queen size bed, dresser and more!
254 Park Avenue South is a neoclassical Beaux Arts building clad with French limestone originally constructed in 1913 that has been converted into is a full-service luxury condominium including, a 24-hour concierge, live-in resident manager, a fitness center, Park lounge: the building’s 1,400-square-foot social space complete with a bar, billiard tables a poker room. Located in one of the most desirable neighborhoods in NYC Flatiron district, steps away from Gramercy Park, Union Square & Madison Square Park. Three Blocks to Union Sq & the 4,5,6,N,Q,R, & L Trains. NYCs Best Restaurants are here, incl. Gramercy Tavern, Casa Mano, Maiolino, Sugar Fish Yama, ABC Kitchen, and Craft..And don’t forget Whole Foods, Eataly, The Farmers Market, Morton Williams Supermarket & Trader Joes are all nearby.
Home Features
- •Central Air
- •Building Washer Dryer Install Allowed
- •Common On Floor
- •Common Area
- •In Unit
- •High Ceilings
- •Hardwood
Estimated Monthly Payment
$7,776 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$15,750
Monthly savings impact
$44/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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Listings
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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20032246
Price Analysis
Compare average listing prices and value metrics for 254 Park Avenue against the surrounding Flatiron market.
Average List Price
Price Per SqFt
23.81% Lower
than the Flatiron price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
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.
