254 Park Avenue South, #5P, New York (Flatiron District), NY, 10010 | $1,150,000

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. Pied-a-terres, investors and trust purchasers and pets welcome. Real estate taxes displayed may be reduced by 17. 5% if purchasing as your primary residence (Consult your CPA). All measurements and square footages are approximate and all information should be confirmed by customer.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 13
  • Amenities: Courtyard; Fitness Room; Laundry Room; Valet; Lounge; Billiards Room;
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Year Built: 1913
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Health Club: Yes
  • Service Level: Full Service
  • Doorman: Yes
  • LobbyAttendant: FullTime
  • OLR#: RPLU63223215470
  • Days on Market: 42 days
  • Website: https://www.raveis.com
    /prop/RPLU63223215470/254parkavenuesouth_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Brown Harris Stevens

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

254 Park Avenue South, #5P, New York (Flatiron District), NY, 10010

$1,150,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@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 $920,000 $920,000 $920,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,224 $5,740 $7,701
Total Monthly Payment $5,349 $5,865 $7,826

* 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.