NOT LISTED FOR SALE

254 Park Ave S, Unit 7B New York, NY 10010

Gramercy Park Neighborhood

Estimated Value: $1,207,000 - $1,471,479

2 Beds
2 Baths
900 Sq Ft
$1,260/mo HOA Fee

Last Sold July 01, 2024

Last sale price $1,200,000 $1,333 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $10,184/month

49 Days on Market

Highlights

  • Terrace
  • 2-minute walk to 23 Street (4,6 Line)
  • Views
  • P.S. 40 Augustus Saint-Gaudens Rated A
  • Game Room
  • High-Rise Condominium

About This Home

As of July 2024

Enter this immaculately designed unit to experience soaring 13.5' ceilings, a private terrace, generously proportioned bedrooms, multiple walk-in closets and opportunities for storage. The kitchen is finished with stone countertops and features a Liebherr refrigerator complete with ice maker and stainless-steel appliances that include a gas cooktop, chef's oven, integrated BOSCH dishwasher, plus a Miele hood. Floors and walls in the primary bathrooms are also clad in stone, with Kohler bath fixtures and chrome accessories which create contemporary accents.

Nestled within a historic French limestone building originally constructed in 1913 and converted to condominium residences in 2008, 254 Park Avenue South exudes timeless charm and sophistication. Residents enjoy access to an array of amenities, including a private gym with Peloton bikes and boxing bags, a resident lounge with large screen TV and gaming tables, as well as 24-hour concierge services and a live-in resident manager.

Perfectly situated near Madison Square Park, Gramercy Park, Union Square, and the vibrant Village, residents benefit from unparalleled access to renowned dining establishments, trendy shops, and cultural attractions. With convenient proximity to various public transportation options, including subway lines and bus routes, exploring the city has never been easier.

Experience the epitome of downtown loft living at 254 Park Avenue South #7B - where luxury meets convenience in the heart of Manhattan.

There is currently a $384.55 monthly assessment in place scheduled to end 12/31/24

Last Agent to Sell the Property

Nicole Palermo

Serhant License #10401250133 Listed on: 04/17/2024

Serhant

Co-Listed By

Ashley Brooke

Serhant License #10401298670

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,719

Year Built

  • Built in 1913

HOA Fees

  • $1,260 Monthly HOA Fees

Home Design

  • 900 Sq Ft Home
  • Entry on the 7th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Additional Features

  • Terrace
  • No Cooling
  • Property Views

Listing and Financial Details

  • Legal Lot and Block 1659 / 00849

Community Details

Overview

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

Amenities

  • Game Room

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,719

Year Built

Built in 1913

Lot Details

0

HOA Fees

$1,260 per month

Listing Details

  • Exposures: North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flatiron
  • Entry Level: 7
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Fireplace: No
  • Living Area: 900.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: Other
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1260.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: 254 PARK AVE SOUTH
  • Units: 123
  • Total Stories: 13
  • Year Built: 1913

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 00849
  • Tax Lot: 1659

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Jul 1, 2024
Sold by
254 Park Avenue Mazhaska Llc
Bought by
Mimura-Tsukaguchi Megumi
Seller's Agent
Nicole Palermo
Serhant
List Price
$1,100,000
Sold Price
$1,200,000
Premium/Discount to List
$100,000
9.09%
Views
84
Current Estimated Value
$1,350,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,870
Avg. Annual Appreciation
0.96%

Purchase Details

Closed on
Jul 17, 2012
Sold by
254 Pas Property Llc
Bought by
254 Park Avenue Mazhaska Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mimura-Tsukaguchi Megumi $1,200,000 --
254 Park Avenue Mazhaska Llc $1,008,068 --
254 Park Avenue Mazhaska Llc $1,008,068 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $1,200,000 0.0% $1,333 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
05/13/2024 05/13/24 Price Changed $1,200,000 +9.1% $1,333 / Sq Ft
04/18/2024 04/18/24 For Sale $1,100,000 0.0% $1,222 / Sq Ft
03/09/2021 03/09/21 Rented -- -- --
01/14/2021 01/14/21 For Rent -- -- --
12/31/2020 12/31/20 Off Market -- -- --
06/14/2020 06/14/20 For Rent $6,995 +16.6% --
04/23/2019 04/23/19 Rented -- -- --
03/24/2019 03/24/19 Under Contract -- -- --
02/01/2019 02/01/19 For Rent $6,000 -- --
05/06/2015 05/06/15 Rented -- -- --
05/06/2015 05/06/15 For Rent -- -- --
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 $20,719 $166,761 $28,256 $138,505
2024 $20,719 $165,729 $28,256 $137,473
2023 $16,681 $164,831 $28,256 $136,575
2022 $17,864 $181,043 $28,256 $152,787
2021 $20,947 $170,756 $28,256 $142,500
2020 $17,775 $189,129 $28,256 $160,873
2019 $16,878 $184,879 $28,256 $156,623
2018 $19,230 $178,421 $28,256 $150,165
2016 $17,073 $164,345 $28,256 $136,089
2015 $11,592 $129,259 $28,256 $101,003
2014 $11,592 $118,806 $28,257 $90,549
Source: Public Records

Agents Affiliated with this Home

  • Nicole Palermo

    Seller's Agent in 2024

    Nicole Palermo

    Serhant

    (917) 226-2704

    2 in this area

    30 Total Sales

    Nicole Palermo
    Section Image
  • Ashley Brooke

    Seller Co-Listing Agent in 2024

    Ashley Brooke

    Serhant

    (425) 876-3344

    2 in this area

    24 Total Sales

    Ashley Brooke
    Section Image
  • Aurora Singleton

    Seller's Agent in 2021

    Aurora Singleton

    Corcoran Group

    (347) 989-7929

    21 Total Sales

    Aurora Singleton
    Section Image
  • Elliot Bogod

    Seller Co-Listing Agent in 2015

    Elliot Bogod

    A & I Broadway Realty Inc

    (212) 577-2270

    11 Total Sales

    Elliot Bogod
    Section Image
See All Agents

About This Building

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10977933

Real Estate Board of New York (REBNY)

APN: 0849-1659

New York New York County New York 10003 Gramercy Park

254 Park Ave S Unit 7B, New York, NY

This home is located at 254 Park Ave S Unit 7B, New York, NY 10010 since 17 April 2024 and is currently estimated at $1,350,870, approximately $1,500 per square foot. This property was built in 1913. 254 Park Ave S Unit 7B 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

RLS Data display by Homes.com LLC

Nearby Homes