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Rent/Lease Apartment 254 Park Ave S

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 254 Park Ave S. This trend is projected to continue. Opportunities for subleases remain available at 254 Park Ave S and in the nearby Flatiron District neighborhood.

254 Park Ave S Property Overview

Building Address: 254 Park Ave S, New York NY 10010
Zip Code:10010
Neighborhood:Flatiron District
Borough:Manhattan
Stories:0
Year Built:1913
Building Class:B

History of 254 Park Avenue South, Manhattan, NYC

254 Park Avenue South is a distinguished 13-story building located in the Flatiron District of Manhattan, originally constructed in 1913. The structure is known for its neoclassical Beaux-Arts architectural style and its facade of French limestone, which conveys a timeless elegance.

Throughout the 20th century, the building served varied commercial purposes, and its design features—such as soaring ceilings up to 14 feet and large picture windows—highlight its pre-war origins and have helped it remain a prominent landmark on Park Avenue South.

In the late 2000s, the building underwent a complete top-to-bottom renovation and conversion into a condominium residence, resulting in 123 residences that blend the historic architectural elements with modern luxuries. This revitalization, led by design principal Charles Allem, preserved the building’s classic charm while introducing loft-like interiors, spacious layouts, and modern amenities.

Today, 254 Park Avenue South offers elegant one- and two-bedroom homes, some with lofted areas and home office spaces, as well as studios, all benefiting from high ceilings and ample natural light. The building's prime location near Madison Square Park and iconic neighborhood landmarks like the Flatiron Building enhances its status as a sought-after address in Manhattan.

254 Park Avenue South, Manhattan, NYC, is a pre-war condominium building located in the Flatiron District. Built in 1913, this neoclassical Beaux Arts structure offers 124 units across its 13 stories. Originally constructed as a commercial building, it underwent a comprehensive renovation to blend historic charm with modern luxury living.

The building features a 24-hour doorman, concierge service, and additional amenities such as a fitness center, lounge area, and central laundry room. Its strategic location provides easy access to public transportation via the N, R, and 6 subway lines, enhancing connectivity throughout New York City.

Residents benefit from proximity to iconic landmarks like Madison Square Park, the Flatiron Building, and the MetLife Tower. The neighborhood is vibrant with various restaurants, entertainment options, and shopping centers, making it a highly sought-after address for those seeking upscale urban living in Manhattan.


Building Amenities at 254 Park Avenue South, Manhattan, NYC

The historic 1913 Beaux Arts building, fully renovated, offers a blend of classic design and modern luxury for its residents.

  • 24-Hour Doorman
  • Full-Time Concierge
  • Live-in Superintendent
  • Elevators with Rich Ebony-Stained Wood Detailing
  • Fitness Center
  • On-Site Laundry Facilities
  • Common Outdoor Space
  • Park Lounge: A 1,400-Square-Foot Social Space featuring a Bar, Billiard Tables, and a Poker Room
  • Billiards Room
  • Central Air Conditioning
  • Common Kitchen and Media/Recreation Room

Additional Features:

  • Loft-style apartments with high ceilings (up to 14 feet) and oversized windows
  • Pets Allowed: Cats and Dogs
  • Pied-à-Terre Allowed
  • Rental and Sublet Policy: Allowed

254 Park Avenue South, located in the Flatiron District of Manhattan, NYC, is primarily a residential building. It features a blend of pre-war charm and modern sophistication, having been originally constructed in 1913 and renovated in 2010.

The building has undergone significant transformations, including a major revitalization project in 2016. Historically, the site may have hosted commercial purposes, but current information focuses on its residential use.

Key features of the building include loft-style apartments, high ceilings, oversized windows, a 24-hour doorman, a live-in super, a fitness center, and a lounge area. Its proximity to Madison Square Park and easy access to the N, R, and 6 subway lines make it a prime location for residents.


Internet providers available include Verizon Fios with speeds up to 2 Gbps.


254 Park Ave S, Manhattan, NYC, is located in the vibrant Flatiron District, offering residents excellent access to major transportation lines. The building is situated on the northwest corner of Park Avenue and 20th Street, providing convenient access to N, R, and 6 subway lines, which connect residents to various parts of New York City. The neighborhood is renowned for its historic architecture, including iconic structures like the Flatiron Building and the MetLife Tower. Additionally, residents benefit from being close to Madison Square Park, known for its beautiful green spaces and outdoor events, as well as a variety of shops, restaurants, and entertainment options. Cross streets for 254 Park Ave S include Park Avenue and 20th Street, placing it in a highly accessible and desirable area of Manhattan.

Retail Tenants Rented / Leased 254 Park Ave S
  • The Shade Store leased 1,610 SF
Nearby Office Tenants Leased
  • JLA Home leased 36,200 SF at 11 East 26th St
  • Elizabeth Arden leased 35,698 SF at 200 Park Avenue South
  • Left/Right leased 34,000 SF at 39 West 19th Street
  • The Atlantic leased 33,609 SF at 60 Madison Ave
  • Enigma Technologies, Inc. leased 33,406 SF at 245 Fifth Ave
  • Work Better leased 33,103 SF at 33 West 19th St
  • The Yard leased 33,000 SF at 246 Fifth Avenue
  • Looker Data Sciences, Inc. leased 33,000 SF at 40 West 25th St
  • LinkShare Corporation leased 33,000 SF at 215 Park Ave S
  • Petco leased 29,989 SF at 860 Broadway

Nearby Retail Tenants Leased
  • Ricky's leased 6,000 SF at 1133 Broadway
  • Free People leased 6,000 SF at 79 Fifth Ave
  • Duane Reade leased 6,000 SF at 184 Fifth Ave
  • Theory leased 5,500 SF at 139 Fifth Ave
  • Silk Trading leased 5,400 SF at 936 Broadway
  • Philippe Massoud restaurant leased 5,000 SF at 236 Fifth Ave
  • Kellogg's NYC leased 5,000 SF at 31 East 17th Street
  • Straussie's leased 4,954 SF at 41 Madison Avenue
  • New York Community Bank leased 4,811 SF at 404 Park Ave South
  • Schnipper's Quality Kitchen leased 4,790 SF at One Madison Ave
Retail Tenants Rented / Leased 254 Park Ave S
  • The Shade Store leased 1,610 SF
Nearby Office Tenants Leased
  • JLA Home leased 36,200 SF at 11 East 26th St
  • Elizabeth Arden leased 35,698 SF at 200 Park Avenue South
  • Left/Right leased 34,000 SF at 39 West 19th Street
  • The Atlantic leased 33,609 SF at 60 Madison Ave
  • Enigma Technologies, Inc. leased 33,406 SF at 245 Fifth Ave
  • Work Better leased 33,103 SF at 33 West 19th St
  • The Yard leased 33,000 SF at 246 Fifth Avenue
  • Looker Data Sciences, Inc. leased 33,000 SF at 40 West 25th St
  • LinkShare Corporation leased 33,000 SF at 215 Park Ave S
  • Petco leased 29,989 SF at 860 Broadway
Nearby Retail Tenants Leased
  • Ricky's leased 6,000 SF at 1133 Broadway
  • Free People leased 6,000 SF at 79 Fifth Ave
  • Duane Reade leased 6,000 SF at 184 Fifth Ave
  • Theory leased 5,500 SF at 139 Fifth Ave
  • Silk Trading leased 5,400 SF at 936 Broadway
  • Philippe Massoud restaurant leased 5,000 SF at 236 Fifth Ave
  • Kellogg's NYC leased 5,000 SF at 31 East 17th Street
  • Straussie's leased 4,954 SF at 41 Madison Avenue
  • New York Community Bank leased 4,811 SF at 404 Park Ave South
  • Schnipper's Quality Kitchen leased 4,790 SF at One Madison Ave

Media Bistro Testimonial

Media Bistro testimonial To Whom It May Concern: We were very happy with the services of Optimal Spaces Inc., mainly because of Stephen Sunderland's understanding of the intricacies of the real estate contract process. He was extremely knowledgeable, courteous and helpful in navigating this very difficult decision. We are thrilled with our space and feel very fortunate to be here. Yours, Laurel Touby Founder and CEO Mediabistro.com Inc
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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
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Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
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Why Optimal Spaces –
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Alone or with other broker

  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
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  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Summary: Don’t rely on the landlord’s agent. A tenant broker is your advocate, provides better data, negotiates a complete package, and typically costs you nothing.