254 Park Ave S nyc
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Lease Apartment 254 Park Ave S

Rent Apartment 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.

Isolar Enterprises, Inc. Testimonial

Isolar Enterprises, Inc. testimonial
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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
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Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
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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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Cost Savings: They negotiate rental price and identify/abate "hidden costs."

Why Optimal Spaces –
Tenant Broker

  • No fee for clients renting space.
  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
  • Save 100–200 hours of research.
  • Access to all available spaces.
  • Specialized real estate expertise.

Alone or with other broker

  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • 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?
Landlord Rep (Listing Agent) — Fiduciary Duty: Landlord. Highest rent, best terms for landlord.
Tenant Rep (Tenant Broker) — Fiduciary Duty: Tenant Only. Lowest rent, best terms for tenant. Levels the playing field.
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
Landlord pays the broker fee — free expert representation for the tenant.
Access to hidden inventory: off-market listings, subleases, and future availabilities via broker databases and networks.
Negotiating beyond base rent: free rent, TI allowance, OPEX caps, and lease flexibility for renewal or expansion.
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Tenant broker handles searching, scheduling, and RFPs — your outsourced real estate department with curated options and timeline management.
Mitigating risk: spotting pitfalls in LOI and lease such as restoration clauses and holdover penalties.
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.
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