NOT LISTED FOR SALE

Estimated Value: $1,196,127 - $1,297,000

1 Bed
1 Bath
729 Sq Ft
$634/mo HOA Fee

Last Sold January 14, 2020

Last sale price $1,200,000 $1,646 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,512/month

196 Days on Market

Highlights

  • Pre War Building
  • 2-minute walk to 23 Street (4,6 Line)
  • Laundry Facilities
  • P.S. 40 Augustus Saint-Gaudens Rated A
  • Juliet Balcony
  • Courtyard

About This Home

As of January 2020

Welcome to 254 Park Avenue South, Apartment 12P, one of downtown Manhattan's most exciting condo loft residences. This extraordinary property showcases unparalleled design and an elegant flow, providing you the grandeur of loft living, with the pragmatism of a true one bedroom home.

Upon entering unit 12P, one will take note of the soaring 12 foot, beamed ceilings and the large, full height, oversized picture windows, juxtaposed against the sprawling dark stained, wide-planked oak wood floors throughout the entirety of the space.

Offering a magnificent layout, the superbly designed open kitchen includes stained, hardwood cabinetry, stone countertops, a four burner Miele stove, complimented by both Bosch and Leibherr stainless steel appliances and an in-unit Washer/Dryer.

Not included in the legal square footage, the 84 square foot loft space, with a 4'6" ceiling height, offers an opportunity for additional storage, or a sleeping loft, depending on your needs.

The master bathroom is a luxurious oasis with a glassed enclosed shower featuring stone walls and floors throughout.

Nestled amongst the vibrant Union Square, Flatiron, NoMad and Gramercy neighborhoods, 254 Park Ave South is a historic French limestone building, originally built in 1913 and converted into condominiums in 2008.

With interiors designed by Charles Allem, this property offers a delightful mix of loft-like contemporary functionality with historic architectural contrasts.

Moments from NYC staples like Union Square Café, Union SQ Farmer's Markets, and Whole Foods Market, 254 PAS is equipped with 24 hour doorman, concierge, on-site resident manager, private gym, and a residents lounge which includes a bar, kitchen, and billiard and poker tables.

This is a unique opportunity to purchase your own little slice of NYC!

Last Agent to Sell the Property

Joseph Quiros

Compass License #10401251141 Listed on: 04/11/2019

Compass

Co-Listed By

Kelly Waters

Compass License #10401249954

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,276

Year Built

  • Built in 1913

HOA Fees

  • $634 Monthly HOA Fees

Home Design

  • 729 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Juliet Balcony
  • North Facing Home

Listing and Financial Details

  • Legal Lot and Block 7508 / 849

Community Details

Overview

  • Flatiron District Subdivision
  • 13-Story Property

Amenities

  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,276

Year Built

Built in 1913

Lot Details

0

HOA Fees

$634 per month

Listing Details

  • Cross Street: East 20th Street/East 21st Street
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flatiron District
  • Architectural Style: Prewar
  • Entry Level: 12
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 729.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Building Courtyard, Juliet Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 634.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 13
  • Year Built: 1913

Tax Info

  • Tax Block: 849
  • Tax Lot: 7508
  • Tax Annual: 12276.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
Jan 14, 2020
Sold by
Hunt Meredith E
Bought by
Mnw & 254Pas Llc
Seller's Agent
Joseph Quiros
Compass
List Price
$1,200,000
Sold Price
$1,200,000
Current Estimated Value
$1,187,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,919
Avg. Annual Appreciation
-0.24%
Original Mortgage
$750,000
Outstanding Balance
$668,484
Interest Rate
3.73%
Mortgage Type
Unknown
Estimated Equity
$515,691

Purchase Details

Listed on
Jun 17, 2014
Closed on
Sep 12, 2014
Sold by
254 Pas Property Llc
Bought by
Hunt Meredith Eve
List Price
$1,395,000
Sold Price
$1,338,338
Premium/Discount to List
-$56,662
-4.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.02%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mnw & 254Pas Llc $1,300,000 --
Hunt Meredith Eve $1,365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mnw & 254Pas Llc $750,000
Previous Owner 254 Pas Property Llc $14,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2020 01/14/20 Sold $1,200,000 0.0% $1,646 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $1,200,000 -10.3% $1,646 / Sq Ft
09/11/2014 09/11/14 Sold $1,338,338 -4.1% $1,836 / Sq Ft
08/12/2014 08/12/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $1,395,000 -- $1,914 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,545 $133,165 $22,564 $110,601
2024 $16,545 $132,341 $22,564 $109,777
2023 $16,456 $131,625 $22,564 $109,061
2022 $17,247 $144,570 $22,564 $122,006
2021 $16,727 $136,356 $22,564 $113,792
2020 $14,195 $151,027 $22,564 $128,463
2019 $13,477 $147,633 $22,564 $125,069
2018 $15,486 $142,476 $22,564 $119,912
2017 $14,233 $136,995 $22,564 $114,431
2016 $13,633 $131,236 $22,564 $108,672
2015 $9,257 $103,218 $22,564 $80,654
2014 $9,257 $94,871 $22,564 $72,307
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10580425

Real Estate Board of New York (REBNY)

APN: 0849-1714