Located on the northwest corner of Park Avenue and 20th Street in the heart of the Flatiron District, 254 Park Avenue South is a distinguished neoclassical Beaux-Arts building steeped in history. Originally constructed in 1913 from striking French limestone, this pre-war condominium has been impeccably reimagined for modern luxury living.
This chic studio apartment spans approximately 440 square feet and boasts soaring ceiling heights of over 12 feet, creating an expansive and airy feel. The residence is enhanced with automatic Lutron shades, seamlessly combining convenience with understated sophistication.
The thoughtfully designed kitchen serves as a centerpiece of the home, featuring white quartz countertops, a bespoke Officine Gullo stove, a Sub-Zero refrigerator, a Gaggenau oven, and a Rachiele sink. Every detail has been carefully selected to balance functionality with timeless elegance.
The spa-like bathroom is adorned with Bisazza tiles, offering a serene retreat. It features a sleek Boffi sink, a Toto toilet, Fantini fixtures, and radiant heated floors, providing a sanctuary of comfort and style.
254 Park Avenue South offers an impressive array of amenities, setting a new standard for luxury living. Residents enjoy exclusive access to the Park Lounge, a 1, 400-square-foot social space complete with a bar, billiard tables, and a poker room. A private gym ensures wellness is always within reach, while 24-hour concierge service and an on-site resident manager deliver unparalleled convenience and service.
Perfectly positioned in the vibrant Flatiron District, this iconic address is steps away from some of Manhattan's finest dining, shopping, and cultural destinations. With its seamless blend of historic charm and modern refinement, 254 Park Avenue South offers an extraordinary opportunity to experience the best of New York City living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$975,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $780,000 | $780,000 | $780,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,614 | $4,994 | $6,635 |
Total Monthly Payment | $4,706 | $5,086 | $6,727 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.