NOT LISTED FOR SALE

Estimated Value: $1,513,826 - $1,634,000

2 Beds
2 Baths
949 Sq Ft
1913 Built

Highlights

  • Pre War Building
  • 2-minute walk to 23 Street (4,6 Line)
  • South Facing Home
  • P.S. 40 Augustus Saint-Gaudens Rated A

About This Home

As of August 2022

Available September 20th.



Penthouse KL at 254 Park Avenue South is a one bed with home office, 2 full baths, a lofted sleep space (lofted space not included in square footage), and features Southern exposure. With 14 ft ceilings, an in unit washer/dryer, an open chefs kitchen, abundance of closet space and more, this residence is not to be missed!



254 Park Avenue South is a newly converted pre war condo, featuring a 24 hour doorman/concierge, live in resident manager, fitness center, and residents lounge with a bar, billiard table, and poker room. Located at the crossroads where Gramercy meets Flatiron, you are steps away from Gramercy Square Park , Madison Square Park, and Union Square. Minutes from all major transportation and subway lines, trendy and chic restaurants including Gramercy Tavern, BLT Prime, Casa Mano, Yama, ABC Kitchen and more, as well as Whole Foods, Eataly, The Farmer's Market, Morton Williams Supermarket & Trader Joe's are all nearby.

Last Agent to Rent the Property

Jessica Levine

Douglas Elliman Real Estate License #10301201005 Listed on: 08/27/2022

Douglas Elliman Real Estate

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,540

Year Built

  • Built in 1913

Home Design

  • 949 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Dishwasher
  • South Facing Home

Community Details

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

Listing and Financial Details

  • Property Available on 9/20/22
  • Tax Block 00849

Condo Details

Home Type

Condominium

Est. Annual Taxes

$21,540

Year Built

Built in 1913

Lot Details

0

Rental Info

  • Available Date: 2022-09-20

Listing Details

  • Cross Street: EAST 20 STREET and EAST 21 STREET
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Flatiron
  • Architectural Style: Prewar
  • Entry Level: 13
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Appliances: Dryer, Dishwasher, Washer Dryer Allowed, Washer
  • Living Area: 949.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

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

Tax Info

  • Tax Block: 00849

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2010
Sold by
254 Pas Property Llc
Bought by
Huang Chung Hsiou and Huang Prudence
Current Estimated Value
$1,526,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Outstanding Balance
$491,879
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,074,268
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
Huang Chung Hsiou $1,221,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Chung Hsiou $5,892
Open Huang Chung Hsiou $729,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Under Contract -- -- --
08/27/2022 08/27/22 For Rent $7,250 +3.6% --
08/27/2022 08/27/22 Rented $7,000 +27.3% --
02/02/2021 02/02/21 Rented -- -- --
01/28/2021 01/28/21 Under Contract -- -- --
12/14/2020 12/14/20 For Rent $5,500 -11.3% --
09/13/2016 09/13/16 For Rent $6,200 -- --
09/13/2016 09/13/16 Rented -- -- --
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 $21,540 $173,370 $29,376 $143,994
2024 $21,540 $172,296 $29,376 $142,920
2023 $21,021 $171,364 $29,376 $141,988
2022 $22,511 $188,217 $29,376 $158,841
2021 $21,777 $177,523 $29,376 $148,147
2020 $22,400 $196,624 $29,376 $167,248
2019 $17,546 $192,205 $29,376 $162,829
2018 $20,162 $185,492 $29,376 $156,116
2017 $18,531 $178,356 $29,376 $148,980
2016 $17,749 $170,858 $29,376 $141,482
2015 $9,943 $134,381 $29,376 $105,005
2014 $9,943 $123,514 $29,376 $94,138
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10862314

Real Estate Board of New York (REBNY)

APN: 0849-1722