RARELY AVAILABLE SPONSOR UNIT! This home is the quintessential loft living residence you've been looking for! 3R, a bright and beautiful home in one of the most sought-after condo buildings of Flatiron and Park Avenue South. The apartment has soaring ceilings (largest ceiling height in the entire building) and oversized picture windows allowing for light. High ceiling height in the lofted bedroom allows for a 6' tall person top stand upright, rarely found in this building! Features also include in-unit laundry, stone countertops, Liebherr refrigerator, Miele hood, Kohler chrome fixtures, and glass-enclosed shower with rain shower head. The home is in excellent condition with restained and polished natural wood stained hardwood floors.
254 Park Avenue South is a full-service doorman/concierge building with a private gym and spacious resident's lounge with billiards and media center. Located on prestigious Park Avenue South, this building is steps from Union Square (Whole Foods, Trader Joe's, and farmer's market), the 6 and R train stations, all of the illustrious shopping and eateries of Flatiron, Gramercy and the Village Gramercy Tavern, Sugarfish, Barbounia, and Union Square Cafe. Don't miss this perfect investment property, pied-a-terre, or your new primary home in a phenomenal building and superb location.
The Flatiron District, named after the historical triangular-shaped Flatiron building, is a primarily commercial area yet also houses many hidden luxury apartments. The Flatiron District is bordered by nearby areas including Union Square, Greenwich Village, Chelsea and Gramercy Park. Once considered the Toy District for its popularity in housing, clothing, and toy manufacturers, it now gleans with all different arrays of businesses, retailers, and beautiful living areas. One of the most appealing aspects of this area is the central location of Madison Square Park, whose beautiful tree-lined paths and must-have Shake Shack location cannot be missed. Flatiron provides a not overwhelming dose of city hustle and bustle, making it a perfectly situated place to call home.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more