240 Park Avenue South, Unit PH17

240 Park Ave S
Flatiron

$14,225,000
Price
3
Beds
3,900 Sq. Ft.
$3,647 / Sq. Ft.
3,900
Sq. Ft.
$3,647
per Sq. Ft.
a living room with fireplace furniture and a large window
a view of a dining room with furniture and wooden floor
a living room with fireplace furniture and a large window
a living room with fireplace furniture and a large window
a living room with fireplace furniture and a large window
a living room with furniture and a large window
a living room with furniture and a large window
a living room with furniture and a window
a living room with furniture a table and chairs
a very nice looking room with many windows and furniture
a living room with furniture and a large window
a kitchen with a stove a sink and a refrigerator
a kitchen with stainless steel appliances a sink a stove and a window
a kitchen with stainless steel appliances a sink stove and cabinets
a dining room with furniture and a floor to ceiling window
a spacious bedroom with a bed and window
a bed room with a bed and a chair
a view of a closet
a bathroom with a bathtub and a shower
a bathroom with a bathtub and shower
a bathroom with a double vanity sink and mirror
a view of hallway with stairs and furniture
a view of utility room
a bedroom with a bed and a large window
a bedroom with a bed and a large window
a bathroom with a sink and a mirror
a living room with furniture and a flat screen tv
a living room with furniture and a window
a view of a city with tall buildings
unknown

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. A private coded elevator opens to...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. A private coded elevator opens to a gracious entry gallery with two points of entry into the home. Upon entering through the main door, you are greeted with expansive art walls, custom lighting, Italian porcelain floors, and hand-applied plaster walls. Comfort is enhanced throughout by radiant in-floor and in-wall heating and a fully integrated humidification system. The dramatic great room features a gas fireplace with a limestone surround, a large dining area, and a dry bar, all complemented by a Crestron-controlled lighting and audio system. Floor-to-ceiling, museum-grade UV-protected windows frame sweeping views of Gramercy Park, the Chrysler Building, and the Empire State Building. With approximately 12-foot custom-molded ceilings, the home includes three bedrooms, three bathrooms, a powder room, an eat-in kitchen, pantry, laundry room, home office, and dedicated HVAC and AV rooms. The kitchen blends precision and elegance, featuring Eggersmann stainless-steel base cabinetry with motorized upper cabinets, a Caesarstone island with seating, and top-tier appliances including a Wolf gas range with external exhaust, Miele ovens, dual dishwashers, steamer, and built-in espresso maker, alongside Sub-Zero refrigeration and wine storage. The primary suite is illuminated by natural light and open sunset views, offering two closets, a dressing room, and a spa-caliber en-suite bath finished in Olympic Gray marble with Dornbracht fixtures, a double vanity with TV mirror, deep soaking tub, and double shower. The second bedroom includes an en-suite bath with glass shower and decorative tile, while the third bedroom-currently configured as a media room-features acoustically enhanced windows and Lutron solar and blackout shades. A separate home office offers multiple workstations and direct lobby line access through a Panasonic commercial phone system. Additional features include a laundry room with full-size LG washer and dryer (externally vented), a comprehensive Crestron smart system with integrated speakers and subwoofers, and Lutron Grafik Eye lighting panels. The residence is powered by 208-volt, 3-phase commercial-grade electricity with its own ConEd meter, high-speed WiFi, and dual service from Spectrum and Verizon Fios. The advanced HVAC system provides hydronic radiant heating through floors and walls, seven-zone climate control, and variable refrigerant flow cooling across five independent zones. Residents of 240 Park Avenue South enjoy a full suite of amenities, including a 24-hour concierge and doorman, live-in superintendent, newly built 1,500-square-foot fitness center, children's playroom, and basketball court. Surrounded by Gramercy, Union Square, and Madison Square Park, this address represents downtown living at its most refined.

Property Details for 240 Park Avenue South, Unit PH17

View
City, Panoramic
LISTING UPDATED: 10/23/2025 08:52 AM

Property Details for 240 Park Avenue South, Unit PH17

StatusActive
MLS IDRLS20055559
Days on Market56
Taxes$6,342 / month
Common Charges$6,725 / month
Min. Down Pymt10%
Total Rooms6.0
Compass TypeCondo
MLS TypeCondo
Year Built2007
CountyNew York County

Building

240 Park Ave S

48 Units17 StoriesBuilt in 2007

Location

Listing Courtesy of Douglas Elliman Real Estate
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Building Information for 240 Park Avenue South, Unit PH17

Building/Complex240 Park Ave SFloor17Stories17Residences48Pet Policy-Pet Policy Details3Year Built2007Building AgePost-war

Payment Calculator

$92,144 per month

30 year fixed, 6.28% Interest

Principal and Interest

$79,077

Property Taxes

$6,342

Maintenance/Common Charges

$6,725

The Payment Calculator is for illustrative purposes only.

Property Information for 240 Park Avenue South, Unit PH17

Summary
Location and General Information
  • Subdivision Name: Flatiron
  • Stories Total: 17
  • Exposures: North, South
  • Garage Spaces: 0.0
  • View: Yes
Taxes and HOA
  • Tax Lot: 1352
  • Tax Deduction Percent: .00%
  • Tax Block: 00848
  • Association Fee Frequency: Monthly
  • Flip Tax: $0
  • Building Tax Lot: 7505
  • Tax Monthly Amount: 6342.0
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 3900.0
  • Living Area Units: SquareFeet
Building Information
  • Building Features: Storage
  • Landmark Status YN: false
  • Building Laundry Features: None
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: false
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: Condominium
  • Number Of Shares: 0
  • New Construction: Yes
  • Structure Type: HighRise
  • Property Condition: Excellent
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Exterior Features: None
  • Patio And Porch Features: None
Interior Features
  • Cooling: Other
  • Entry Level: 17
  • Fireplace Features: Other
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Floor Number: 17
  • Basement: No
  • Cooling: No
  • Laundry Features: WasherHookup, InUnit
  • ElevatorsTotal: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 51
Rental
Rental Information
  • Pets Allowed: UnitYes
  • Attendance Type: DoormanFullTime, ConciergeFullTime
  • Land Lease: No

Property History for 240 Park Avenue South, Unit PH17

DateEvent & SourcePriceAppreciationLink
Oct 20, 2025

Listed (Active)

RLS RESO #RLS20055559

$14,225,000—
Sep 25, 2023

Permanently Off Market

Manual

——
Jun 14, 2023

Listed (Active)

Manual

$16,995,000——
Jun 14, 2023

Temporarily Off Market

Manual

——
Apr 14, 2023

Listed (Active)

Manual

$16,995,000——
Apr 14, 2023

Temporarily Off Market

Manual

——
Oct 25, 2021

Listed (Active)

Manual

$18,500,000——
DateEvent & SourcePrice
10/20/2025

Listed (Active)

RLS RESO #RLS20055559

$14,225,000
09/25/2023

Permanently Off Market

Manual

—
06/14/2023

Listed (Active)

Manual

$16,995,000
06/14/2023

Temporarily Off Market

Manual

—
04/14/2023

Listed (Active)

Manual

$16,995,000
04/14/2023

Temporarily Off Market

Manual

—
10/25/2021

Listed (Active)

Manual

$18,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 240 Park Avenue South, Unit PH17

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Sixth Avenue Elementary School
Public - PK to 5
Jhs 104 Simon Baruch
Public - 6 to 8
Nyc Lab Ms For Collaborative Studies
Public - 6 to 8
Lower Manhattan Community Middle School
Public - 6 to 8
Rating
School
Distance
Sixth Avenue Elementary School
PublicPK to 5

Jhs 104 Simon Baruch
Public6 to 8

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 240 Park Avenue South, Unit PH17, Flatiron

240 Park Avenue South, Unit PH17 is a condo for sale in Flatiron. This property was listed for sale on October 20, 2025 by Douglas Elliman Real Estate, it's currently listed at $14,225,000. This listing's school district is New York City Geographic District # 2. Nearby schools include Sixth Avenue Elementary School, Jhs 104 Simon Baruch and Nyc Lab Ms For Collaborative Studies. 240 Park Avenue South, Unit PH17 is a 3-bed, 4-bath, 3,900 sqft condo built in 2007.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman Real Estate

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2025 The Real Estate Board of New York, Inc., All rights reserved.