240 Park Ave South

240 Park Ave South is a condo located 240 Park Avenue South, in Flatiron District, New York. The building was first built in 2007 and is 17 years old. The lot that the building was built on is 84 feet wide and 100 feet long. The official lot area is listed as 7,860 square feet. The building itself is 84 feet wide and 100 feet long. In total, 240 Park Avenue South has a total floor area of 93,291 square feet. Of that, 83,735 square feet are used for residential purposes. About 9,556 square feet of the building are used for commercial purposes. There are a total of 51 units. Of those, 48 are residential units. There are 3 commercial units. 240 Park Avenue South has a total of 17 floors. Thankfully, the building is equipped with elevator service. Residents can acccess the 2 elevators in 240 Park Avenue South.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. Better yet, washer and dryers are allowed in each unit. For those who love to work out, there is a fitness center. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 125 closings on record, of which we have matching data for 26 listings. In the past 3 years, a listing in this building will typically remain on the market for about 156 days Meaning, listings tend to sell at a median of $2,056 price per square foot. The transaction that took the longest to complete was unit 16PHA, listed on Oct 04, 2017 for $7,250,000. This particular unit ultimately sold 350 days later for $5,850,000. The most recent transaction was for unit 12AD, sold for $3,710,000 on Jan 25, 2024. Fun fact, the oldest transaction we have on record took place on Feb 22, 1973. See the full transaction history for 240 Park Ave South below.

Flatiron District, where 240 Park Avenue South is located, has a median asking price of $2,000,000 for condo buildings. Meanwhile, the building itself has a median asking price of $3,297,500. For interested buyers, that means the building's median asking price is around 3.40% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There are currently 4 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $7,495,000. It is a 3,750 sqft 4 bedroom and 4 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $3,995,000. It is a 2,139 sqft 3 bedroom and 4 bathroom unit. A breakdown of active listings shows no studio, no one-bedroom, no two-bedroom, 2 three-bedroom, and 1 four-bedroom plus units for sale! The median price of all the active units for sale in the building is $5,746,000. Collectively, the median square footage of these active units for sale is 2,139 sqft. Active units for sale at 240 Park Avenue South are mostly 3.5-bedroom apartments Active units for sale at 240 Park Avenue South have a median count of 3.5 bedrooms and have a median count of 4 bathrooms.