$1,090,000 - $1,336,000
RENTED JUN 3, 2025

254 Park Ave S, Unit 5P New York, NY 10010

Gramercy Park Neighborhood
1 Bed
1 Bath
850 Sq Ft
1913 Built

Highlights

  • Newly Remodeled
  • 2-minute walk to 23 Street (4,6 Line)
  • Juliet Balcony
  • P.S. 40 Augustus Saint-Gaudens Rated A
  • Game Room

About This Home

As of June 2025

Sophisticated contemporary design meets prewar elegance in this 1 Bedroom plus large loft at the full-service 254 Park Avenue South Condominium in prime Flatiron. With soaring 12 foot beamed ceilings and two floor-to-ceiling Juliet balconies, the space offers open and flexible living including the perfect nook for work from home optionality. The sleek, open kitchen features premium Bosch, Liebherr, and Kohler appliances, complemented by a plethora of stone countertops and cabinet storage. Stylish wide oak floors run throughout the living area and bedroom, separated by stylish pocket doors for convenience.

The king sized bedroom has ample room for a sitting area or alternative work from home setup and oversized closet. The spa-like bathroom includes lavastone finishes and an oversized glass-enclosed shower for a true retreat. This home offers abundant storage with 3 large closets including a deep closet adjacent to the kitchen serving as a pantry, a washer/dryer and a versatile sleep loft ideal for a guest sleeping area, home office and/or massive storage.

Enjoy the convenience and luxury of a full-time doorman, an expansive complimentary fitness center, and a private residents" lounge. Managed by a full-time resident manager, this Park Avenue South gem offers the perfect blend of style, comfort, and amenities in one of Manhattan's most coveted locations at the nexus of Nomad, Gramercy, Greenwich Village and Chelsea. All measurements and square footages are approximate and all information should be confirmed by customer.

Last Agent to Rent the Property

Rory Clark

Brown Harris Stevens Residential Sales LLC License #10301207820 Listed on: 05/13/2025

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Clifford Marks

Brown Harris Stevens Residential Sales LLC License #10401342226

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,545

Year Built

  • Built in 1913 | Newly Remodeled

Home Design

  • 850 Sq Ft Home
  • Entry on the 5th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer Dryer Allowed

Additional Features

  • Juliet Balcony
  • No Cooling

Listing and Financial Details

  • Property Available on 5/13/25
  • Tax Block 00849

Community Details

Overview

  • 123 Units
  • 254 Park Ave South Condos
  • Flatiron Subdivision
  • 13-Story Property

Amenities

  • Game Room

Condo Details

Home Type

Condominium

Est. Annual Taxes

$16,545

Year Built

Built in 1913 | Newly Remodeled

Lot Details

0

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished
  • Available Date: 2025-05-13

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Flatiron
  • Architectural Style: Loft
  • Entry Level: 5
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 850.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: No
  • Exterior Features: Juliet Balcony, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, In Unit
  • Green Building Features: Game Room
  • Cooling: No

Condo/Co-op/Association

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

Lot Info

  • Zoning Description: C6-4A

Building Info

  • New Construction: Yes
  • Building Name: 254 PARK AVE SOUTH
  • Units: 123
  • Total Stories: 13
  • Year Built: 1913

Tax Info

  • Tax Block: 00849
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2015
Sold by
Kassardjian Serge
Bought by
338 Associates Llc
Current Estimated Value
$1,206,055

Purchase Details

Closed on
Jun 20, 2012
Sold by
254 Pas Property Llc
Bought by
Kassardijian Serge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage
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
338 Associates Llc $1,175,000 --
Kassardijian Serge $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kassardijian Serge $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 Rented $6,250 -1.6% --
05/22/2025 05/22/25 Under Contract -- -- --
05/13/2025 05/13/25 For Rent $6,350 +41.1% --
04/20/2022 04/20/22 Off Market $4,500 -- --
06/23/2015 06/23/15 Rented -- -- --
06/23/2015 06/23/15 Rented $4,500 0.0% --
05/24/2015 05/24/15 Under Contract -- -- --
04/20/2015 04/20/15 For Rent $4,500 -- --
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 $16,146 $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 $17,167 $151,027 $22,564 $128,463
2019 $16,209 $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

  • Rory Clark

    Landlord's Agent in 2025

    Rory Clark

    Brown Harris Stevens Residential Sales LLC

    (212) 381-4225

    5 in this area

    81 Total Sales

    Rory Clark
    Section Image
  • Clifford Marks

    Landlord's Co-Listing Agent in 2025

    Clifford Marks

    Brown Harris Stevens Residential Sales LLC

    (914) 621-6729

    3 in this area

    55 Total Sales

    Clifford Marks
    Section Image
  • Tito Ghose

    Seller's Agent in 2015

    Tito Ghose

    Brown Harris Stevens Residential Sales LLC

    (212) 521-5773

    Tito Ghose
    Section Image
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About This Building

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20023540

Real Estate Board of New York (REBNY)

APN: 0849-1646

New York New York County New York 10003 Gramercy Park

254 Park Ave S Unit 5P, New York, NY

This home is located at 254 Park Ave S Unit 5P, New York, NY 10010 since 13 May 2025 and is currently priced at $1,206,055. This property was built in 1913. 254 Park Ave S Unit 5P is a home located in New York County with nearby schools including P.S. 40 Augustus Saint-Gaudens, Simon Baruch Middle School 104, and Clinton School.

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Real Estate Board of New York (REBNY) 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.

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