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for saleRealtyLens property overview
$1,150,000
254 Park Ave Unit 5P
Manhattan, NY, 10017
View more Manhattan, NY property pages1Beds
1Baths
729Sqft
$1578$/sqft
Market Insights
Above nearby median+29%
$1578/sqft vs a nearby median of $1224/sqft.
Nearby median$1224/sqft
Nearby properties8
Property size729 sqft
- +29% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 729 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$1.09M$961k – $1.21M · 25% confidence
vs ask $1.15M+$64k (+5.6%)
Asking price is about 5.6% above where comps + adjustments land — there is room to negotiate.
$1,425/sqft median across 3 tight comps × 729 sqft= $1.04M
- Transit access+$42k +4.0%
- High-density walkability+$21k +2.0%
- Mid-century building era−$16k −1.5%
Cumulative NYC adjustments+$47k+4.5%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
Price history is still limited; review again as more market activity becomes available.
Diligence Read2 items to check
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 6 days
- Last price change
- No change recorded
- Listed
- May 7, 2026
- Photos
- 0 photos
- Property type
- condos
- Status
- for sale
Building Facts
- Year built
- 1981
- Stories
- 26
- Total units
- 4
- Building area
- 13.77 ac
- Lot size
- 20,737 sqft
- Land use
- Commercial and office buildings
- Building class
- O4
From NYC public records where available.
Price History
May 7, 2026Initial record
$1,150,000for sale