Estimated Value: $2,208,000 - $2,728,000
2
Beds
2
Baths
1,415
Sq Ft
$1,850/mo
HOA Fee
Highlights
- Pre War Building
- P.S. 40 Augustus Saint-Gaudens Rated A
- 2-minute walk to 23 Street (4,6 Line)
About This Home
As of August 2022THE BEST CORNER CONDO ON PARK AVENUE SOUTH! This sunfilled home is the epitome of luxury downtown living at 254 Park Avenue South, boasting an open and airy layout, incredibly high 13.5-foot ceilings and huge windows! The exceptional layout boasts two large split bedrooms, each with en-suite bath, plus an additional powder room for guests. Enjoy grand entertaining and comfortable living in the huge open living room with a new modern open kitchen.
Calling all chefs! This gorgeous new open kitchen is equipped with lengthy new countertops, custom cabinetry, appliances from Liebherr, Bosch and Miele, including a wine refrigerator. Sliding doors reveal an enormous prime suite with two walk-in closets and an additional four large closets in the dressing area. There is additional storage space underneath the built-in media console in the bedroom and living area. The en-suite prime bathroom features a deep Kohler soaking tub, separate, five-piece stall shower, and double sink. The second bedroom suite faces east over Park Avenue South. Topping off this home is a Bosch washer/dryer and multi-zoned central air conditioning.
254 Park Avenue South is a full-service luxury condominium three blocks from Union Square, and steps to Gramercy Park and Madison Square Park. At the corner of Flatiron, Gramercy and the Village. Transportation options abound, with simple access to the 4,5,6,N,Q,R and L trains. A step out the door brings you to world-class dining options, including the new Union Square Caf & Gramercy Tavern. Grocery stores include Whole Foods, Eataly, the Union Square Farmer's Market, and Trader Joe's.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $32,376
Year Built
- Built in 1913
HOA Fees
- $1,850 Monthly HOA Fees
Home Design
- 1,415 Sq Ft Home
- Pre War Building
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Community Details
- 123 Units
- 254 Park Ave South Condos
- Flatiron Subdivision
- 13-Story Property
Listing and Financial Details
- Tax Block 00849
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 27, 2022
Closed on
Aug 11, 2022
Sold by
Bui Jason
Bought by
Snyder Stephen
Seller's Agent
Eileen Foy
Compass
List Price
$2,995,000
Sold Price
$2,900,000
Premium/Discount to List
-$95,000
-3.17%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$454,367
Avg. Annual Appreciation
-5.78%
Purchase Details
Closed on
Jul 21, 2017
Sold by
F1 Apex Llc
Bought by
Bui Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
3.96%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 2, 2017
Sold by
Gertner Nicole Sabrina
Bought by
F1 Apex Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,156,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 17, 2010
Sold by
254 Pas Property Llc
Bought by
Gertner Nicole Sabrina
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Snyder Stephen | $2,900,000 | -- | |
| Bui Jason | -- | -- | |
| F1 Apex Llc | $3,080,000 | -- | |
| Gertner Nicole Sabrina | $1,806,334 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bui Jason | $1,850,000 | |
| Previous Owner | F1 Apex Llc | $2,156,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2022 08/12/22 | Sold | $2,900,000 | 0.0% | $2,049 / Sq Ft |
| 06/23/2022 06/23/22 | Rented | $12,000 | -99.6% | -- |
| 06/23/2022 06/23/22 | Under Contract | -- | -- | -- |
| 06/23/2022 06/23/22 | For Sale | $2,995,000 | 0.0% | $2,117 / Sq Ft |
| 06/19/2022 06/19/22 | Off Market | $12,000 | -- | -- |
| 06/19/2022 06/19/22 | Off Market | $2,995,000 | -- | -- |
| 06/09/2022 06/09/22 | Under Contract | -- | -- | -- |
| 05/25/2022 05/25/22 | For Rent | $12,000 | 0.0% | -- |
| 04/27/2022 04/27/22 | For Sale | $2,995,000 | 0.0% | $2,117 / Sq Ft |
| 12/12/2019 12/12/19 | For Rent | $9,950 | 0.0% | -- |
| 12/12/2019 12/12/19 | Rented | -- | -- | -- |
| 05/09/2017 05/09/17 | Rented | -- | -- | -- |
| 04/09/2017 04/09/17 | Under Contract | -- | -- | -- |
| 02/10/2017 02/10/17 | For Rent | $9,950 | -- | -- |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $32,118 | $256,902 | $43,801 | $213,101 |
| 2023 | $31,344 | $255,511 | $43,801 | $211,710 |
| 2022 | $33,565 | $280,641 | $43,801 | $236,840 |
| 2021 | $32,470 | $264,695 | $43,801 | $220,894 |
| 2020 | $33,400 | $293,176 | $43,801 | $249,375 |
| 2019 | $31,712 | $286,587 | $43,801 | $242,786 |
| 2018 | $30,062 | $276,577 | $43,801 | $232,776 |
| 2017 | $27,631 | $265,937 | $43,801 | $222,136 |
| 2016 | $26,464 | $254,757 | $43,801 | $210,956 |
| 2015 | $17,969 | $200,368 | $43,801 | $156,567 |
| 2014 | $17,969 | $184,165 | $43,801 | $140,364 |
Source: Public Records
Agents Affiliated with this Home
-
Eileen Foy
Seller's Agent in 2022
Eileen Foy
Compass
(347) 463-8128
1 in this area
100 Total Sales
-
Ian Slater
Seller's Agent in 2019
Ian Slater
Compass
(646) 645-8192
5 in this area
217 Total Sales
About This Building
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10789681
APN: 0849-1660
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