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Duplex Residential Income Property

254 PARK Avenue S 3R, New York City, NY 10010

For Sale
$1,050,000

The occupied unit pairs a double-height living area with an elevated bedroom and access to full-service building amenities.

Property Size788 SF
Price / SF$1,332
Days on Market20

Property Features for 254 PARK Avenue S 3R

General Information

Standard status Active
Size 788 SF
Property subtype Duplex
Occupancy 100%

Additional Details

Multifamily Units 1
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $13,464

Amenities

24-hour concierge
live-in superintendent
fitness center
residents' lounge

Building Details

Building Size 788 SF
Year Built 1913
Construction Beaux-Arts
Tenancy Single
Listing Agency: Corcoran Group
Listed By: Jesse H Feldman · License NY #10301210406
Source: Miradorrealestate
Added: Oct 21 Changed: Nov 9 Last Checked: Nov 8 at 4:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Corcoran Group

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Investment Insights

Based on property information with market context.

This 788-square-foot, one-bedroom duplex condominium has a north-facing exposure and a double-height living and dining area with 14-foot ceilings. A wood staircase leads to the elevated bedroom, while the lower level contains the kitchen, a stone bathroom, and a washer and dryer. The residence also includes central air conditioning, hardwood floors, and walk-in closet storage. The unit is occupied under a lease ending May 31, 2027.

The 1913 Beaux-Arts condominium is in Manhattan’s Flatiron neighborhood. Building services and shared spaces include a 24-hour concierge, live-in superintendent, fitness center, and a 1,400-square-foot residents’ lounge with billiards, a bar, and a poker room. Restaurants, retail, and neighborhood conveniences are also nearby.

Key Highlights

  • 788‑square‑foot, one‑bedroom duplex condominium
  • 14‑foot ceilings in the double‑height living and dining area
  • Tenant in place through May 31, 2027

Property Analytics

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Lease Details

1
Residential units
100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

49,216
Businesses Nearby

Demographics for 10010, NY

33,991
Population
19,014
Households
1.8
Avg Household Size
35
Median Age
81%
College-Educated
97%
High-School Grad
0.4 sq mi
ZIP Area
84,978
Density / Sq Mi
$156,127
Median Household Income
$109,691
Median Earnings
$3,113
Median Rent
$1,037,900
Median Home Value
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Market

Average Price Trend$/SF for Residential income properties in New York City, NY

$1,262 Jul
$1,095 Aug
$1,095 Sep
$1,041 Oct

Properties on Market for Residential income properties in New York City

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - The occupied unit pairs a double-height living area with an elevated bedroom and access to full-service building amenities.
Where is this residential income property located?
The property is located at 254 PARK Avenue S 3R New York City, NY.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 788‑square‑foot, one‑bedroom duplex condominium; 14‑foot ceilings in the double‑height living and dining area; Tenant in place through May 31, 2027
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