---
title: "254 PARK Avenue #2PR, New York City, NY 10010"
description: "254 PARK Avenue #2PR, New York City, NY 10010 — Flatiron, New York City, NY. Listing Price $1,849,000. 2 bed, 2 bath, 1,235 sqft Illustrative Buyer Commission Share of $27,735 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/254-park-avenue-pr-2PR-ny-10010"
source: "Real Estate Rebate Team"
status: "Active"
---

# 254 PARK Avenue #2PR, New York City, NY 10010

Flatiron, New York City, NY

Courtesy of Douglas Elliman Real Estate

## At a Glance

- **Listing Price**: $1,849,000
- **Beds**: 2
- **Baths**: 2
- **Sqft**: 1,235
- **Common Charges**: $1,754 / mo
- **Price per Sqft**: $1,497
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $1,849,000
- **Illustrative Buyer Commission Share**: -$27,735*
- **Illustrative Net Cost**: $1,821,265

*Illustrative Buyer Savings of $27,735 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![254 PARK Avenue #2PR, New York City, NY 10010 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e4081b1c-cb76-4d85-87a1-c92fd1336def.jpg)
![254 PARK Avenue #2PR, New York City, NY 10010 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/313673c8-06b7-4bf2-966b-c73445cf60e0.jpg)
![254 PARK Avenue #2PR, New York City, NY 10010 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6eca4508-82c0-4d20-bc9b-93bea7ca7926.jpg)
![254 PARK Avenue #2PR, New York City, NY 10010 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/699bf611-393a-490f-9b3d-8b811ad84417.jpg)
![254 PARK Avenue #2PR, New York City, NY 10010 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/541ae999-e27c-4b68-bb0c-fd5c0ff52f2a.jpg)
![254 PARK Avenue #2PR, New York City, NY 10010 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/573c9cc1-0de0-4384-8067-c313e677a35a.jpg)
![254 PARK Avenue #2PR, New York City, NY 10010 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1e2345a9-a0e0-42a1-a13e-967e5817b413.jpg)
![254 PARK Avenue #2PR, New York City, NY 10010 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2d92b0de-cbd5-4015-b056-a74d326f1047.jpg)
![254 PARK Avenue #2PR, New York City, NY 10010 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/da4db91d-3a31-40ec-ab7c-8bbfe0ce7ee6.jpg)
![254 PARK Avenue #2PR, New York City, NY 10010 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4a8b1060-c784-4d7a-8d4d-b494960e7747.jpg)

## Property Overview

2 Bed, 2 Bath Residence in a Historic French Limestone Landmark Prime Flatiron

 Set within a stunning historic French limestone Beaux Arts building, this fully renovated 2-bedroom, 2-bath condo blends classic architecture with modern luxury. The home features dramatic beamed ceilings, recessed lighting, oversized windows, and rich hardwood floors throughout. An open, chef's-style kitchen is finished with elegant marble countertops and a dedicated pantry.

 The king-sized primary suite offers dual closets and a spa-like ensuite bath, with the flexibility to incorporate a custom home office. A generously sized second bedroom, additional full bathroom, in-unit washer/dryer, and extra storage closet complete the thoughtfully designed layout.

 Located at 254 Park Avenue South, residents enjoy white-glove, full-service amenities including a 24-hour doorman and concierge, resident manager, private fitness center, and the exclusive Park Lounge. Just three blocks from Union Square and ideally positioned between Gramercy Park, Flatiron, and Madison Square Park, this exceptional home is moments from NYC's best dining, shopping, fitness, and transportation options.

## Property Details

- **Property Type**: Condominium
- **Beds**: 2
- **Baths**: 2
- **Rooms**: 5
- **Sqft**: 1,235 sqft
- **Stories**: 13
- **Year Built**: 1913
- **Price per Sqft**: $1,497
- **Common Charges**: $1,754 / Monthly
- **Listed On**: Dec 8, 2025
- **Days on Market**: 279 Days

### Residence Features

- Window Unit(s)
- Building Other
- In Unit
- Private Outdoor Space Over 60 Sqft
- Dining Area
- Storage
- Walk-In Closet(s)
- Dishwasher
- City

## Sales Evidence

### Recent closed 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](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/254-park-avenue-garden-GARDEN-ny-10010) (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

The median closed price for comparable two-bedroom sales at 254 PARK Avenue SOUTH is $1,750,000, based on 8 sales between November 2021 and February 2026. This home is asking $1,849,000, $99,000 above that median. The middle half of those sales closed between $1,658,750 and $2,047,500.

- **Median closed price**: $1,750,000
- **Middle half**: $1,658,750 – $2,047,500
- **Based on**: 8 two-bedroom sales at 254 PARK Avenue SOUTH
- **Period**: November 2021 – February 2026
- **Median $/ft²**: $1,531/ft²

Across the 6 of these sales with a published asking price, the median closed at 97.9% of what it originally asked. 67% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 97.9% of the original ask
- **Closed below ask**: 67% of 6 sales
- **Listed → in contract**: 50 days (about 7 weeks)
- **In contract → closed**: 57 days (about 8 weeks)

Across the 6 of these sales with a published asking price, the median closed at 97.9% of what it originally asked. 67% of them closed below the original ask.

Half of these homes were in contract within 50 days (about 7 weeks) of coming to market, based on the 7 with a recorded listing date.

Once a deal was agreed, closing took a further 57 days (about 8 weeks), based on the 7 with both dates recorded.

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.

Based on 8 two-bedroom sales at 254 PARK Avenue SOUTH, November 2021 – February 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median price per square foot for sales at 254 PARK Avenue SOUTH, 2017 to 2026. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year.

| 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 | $1,468/ft² | 3 (thin) |

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.

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 2PR

Review the recorded listing activity for 254 PARK Avenue, Unit 2PR, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $50,000, or 2.6%, on June 4, 2026
- **Originally listed**: December 8, 2025 at $1,899,000
- **Current asking price**: $1,849,000
- **Last sold**: $1,700,000 on April 6, 2023

| Date | Price | Listing event |
| --- | --- | --- |
| June 4, 2026 | $1,849,000 | Asking price reduced by $50,000, or 2.6% |
| December 8, 2025 | $1,899,000 | Listed for sale by Douglas Elliman Real Estate |
| April 6, 2023 | $1,700,000 | Sold |
| February 6, 2023 | $1,700,000 | Entered contract |
| September 14, 2022 | $1,700,000 | Listed for sale by Compass |
| August 9, 2019 | $1,699,000 | Sold |
| February 27, 2018 | $1,699,000 | Asking price reduced by $51,000, or 2.9% |
| February 8, 2018 | $1,750,000 | Listed for sale by Brown Harris Stevens Residential Sales LLC |
| May 1, 2014 | $1,585,526 | Sold |
| May 28, 2013 | $1,695,000 | Asking price increased by $127,000, or 8.1% |
| May 30, 2012 | $1,568,000 | Listed for sale by Elliman |

## Property Tax History

Taxes at 254 PARK Avenue #2PR were $26,003 in 2026, up 0.2% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $208,021 | $35,163 | $172,858 | $208,021 | $26,003 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $207,521 | $35,163 | $172,358 | $207,521 | $25,940 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $206,236 | $35,163 | $171,073 | $206,236 | $25,780 | 12.5% |
| 2023 (FY 2023/24) | $205,119 | $35,163 | $169,956 | $205,119 | $25,644 | 12.502% |
| 2022 (FY 2022/23) | $225,293 | $35,163 | $190,130 | $220,231 | $8,370 after $18,646 abatement | 12.267% |
| 2021 (FY 2021/22) | $212,492 | $35,163 | $177,329 | $212,492 | $7,774 after $18,224 abatement | 12.235% |
| 2020 | The City did not publish assessment data for this year. | — | — | — | — | — |
| 2019 | The City did not publish assessment data for this year. | — | — | — | — | — |
| 2018 (FY 2018/19) | $222,030 | $35,162 | $186,868 | $189,741 | $23,621 | 12.612% |
| 2017 (FY 2017/18) | $213,489 | $35,163 | $178,326 | $174,396 | $21,891 | 12.719% |
| 2016 (FY 2016/17) | $204,513 | $35,162 | $169,351 | $164,792 | $20,941 | 12.892% |
| 2015 (FY 2015/16) | $160,852 | $35,163 | $125,689 | $156,980 | $20,224 | 12.883% |
| 2014 (FY 2014/15) | $147,844 | $35,163 | $112,681 | $150,478 | $19,344 | 12.855% |
| 2013 (FY 2013/14) | $145,303 | $35,858 | $109,445 | $146,578 | $19,268 | 13.145% |
| 2012 (FY 2012/13) | $165,447 | $35,963 | $129,484 | $143,186 | $18,873 | 13.181% |
| 2011 (FY 2011/12) | $165,448 | $35,963 | $129,485 | $135,332 | $18,179 | 13.433% |
| 2010 (FY 2010/11) | $128,347 | $35,964 | $92,383 | $126,963 | $16,953 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Where an abatement applies, Property Tax is the amount owed after it. Abatements are granted to the property and do not necessarily transfer to a new owner.

Figures are the New York City Department of Finance assessment roll for tax lot 1008491608. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 254 PARK Avenue SOUTH

Flatiron · Condominium

254 PARK AVENUE SOUTH, New York, NY 10010

A building in Flatiron, currently featuring 3 active listings.

- **Year Built**: 1913
- **Total Units**: 3
- **Floors**: 13

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/254-park-avenue-south)

### Available Residences — For Sale (3)

| 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 | 278 days |
| [GARDEN](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/254-park-avenue-garden-GARDEN-ny-10010) | 1 | 1 | 730 sqft | $1,281 | $935,000 (-1.1%) | Brown Harris Stevens Residential Sales LLC | Feb 26, 2025 | 563 days |
| [6PR](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/254-park-avenue-6pr-ny-10010) | 2 | 2 | 1,235 sqft | $1,437 | $1,775,000 (-2.7%) | Compass | Oct 10, 2025 | 337 days |

## Estimated Monthly Payment

**$11,104 / month**, assuming a 20% down payment ($369,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $9,350
- **Common Charges**: $1,754

Estimates only. Actual payments may vary. Confirm terms with your lender.

## 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.