240 Park Avenue South #PH17

$14,225,000

For Sale

3,900 ft²

$3,647 per ft²

6 rooms

3 beds

3.5 baths

Condo
Flatiron
Resale

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Report listing

Listing by Douglas Elliman, Limited Liability Broker, 575 Madison Avenue -, New York, NY 10022 | Brokerage Listing ID: 23627901

Common charges

$6,725/mo

Estimated payment

$86,032/mo

Taxes

$6,342/mo

Tax abatement

No info

About

Seller’s agent

Michael Graves

Licensed Associate Real Estate Broker

Douglas Elliman

description

Penthouse 17 at 240 Park Avenue South is a sophisticated full-floor residence offering panoramic views, exceptional craftsmanship, and an impeccably balanced layout. Designed for both comfort and distinction, this custom home represents the pinnacle of modern urban living. Ideally situated in the heart of the Flatiron District and rising above Gramercy Park, the residence was thoughtfully conceived by B Five Studio in collaboration with Silver Rail Construction.

Policies

Pets allowed
Cats and dogs allowed

Home features

Central air
Dishwasher
Fireplace
Hardwood floors
View
City, Skyline
Washer/dryer

Building amenities

Services and facilities

Concierge
Doorman
Full-time
Elevator
Live-in super

Wellness and recreation

Shared outdoor space

Deck

About the building

240 Park Avenue South

240 Park Avenue South, New York, NY 10003

Condo building inFlatiron

48 units

17 stories

2007 built

For sale

2 available units for sale

For rent

0 available units for rent

Documents and permits

View documents and permits

Learn more about 240 Park Avenue South

Property history

Price Change: No changes
Days on market: 46 days

Date	Price	Event
10/20/2025	$14,225,000	Listed by Douglas Elliman
9/20/2023	$16,995,000	Delisted by Compass
9/15/2022	$16,995,000	Price decreased by 8%
10/25/2021	$18,500,000	Listed by Compass

Explore Flatiron

Transit

Location	Distance
at 23rd St	0.12 miles
at 14th St–Union Square	0.15 miles
at 23rd St	0.19 miles
at 3rd Av	0.33 miles
at 14th St	0.39 miles

View transit on Google Maps

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About Flatiron

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

SalesMedian asking price

3 beds

$3.7M

RentalsMedian asking base rent

3 beds

$12,000

Flatiron is a historic New York City neighborhood that has seen its fair share of change over the years. In the early 1900s, it was a major commercial and residential center. By the middle of the century, things stagnated as businesses and residents left in search of more space and lower rents. In recent years, stores, upscale restaurants, and new developments moved back in, and the neighborhood is seeing a significant resurgence. Fifth Avenue now bustles with some of the best shopping in the city, and restaurants run the gamut from Michelin-rated to Yelp-reviewed food trucks.

Flatiron is busiest at midday and cocktail hour and tends to quiet down a bit at night, although the lights never truly turn off. Proximity to Union Square and multiple subway lines make it an equally easy trip to Midtown or Downtown.

Learn more about Flatiron