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240 Park Ave S APT 3D, New York, NY, 10003

2beds
3baths
1,129sqft
$1,895,000
$1,678price/sqft
$11,265/moest. monthly cost
$450,600/yrincome needed

About This Home

At the crossroads of Park Avenue South and the city’s most iconic neighborhoods, this refined two-bedroom, two-and-a-half-bath residence at 240 Park Avenue South offers a rare opportunity to live in a full-service, 24-hour doorman luxury condominium in the true heart of Manhattan. Designed for sophisticated city living, the home features soaring 10-foot ceilings and oversized south-facing windows that fill the residence with natural light. The expansive layout flows effortlessly, balancing elegance with everyday comfort. The open chef’s kitchen is both striking and highly functional, appointed with top-tier appliances, including a Kuppersbusch range, Sub-Zero refrigerator, Viking wine cooler, Miele dishwasher, and Bosch washer/dryer. Polished granite countertops, sleek custom cabinetry, and refined finishes create a space equally suited for entertaining and quiet mornings at home. Each bedroom offers a private en-suite bath, while the primary suite is a tranquil retreat featuring a deep soaking tub and separate stall shower. Every detail has been carefully considered, from the quality of materials to the thoughtful proportions that define this exceptional residence. Residents of 240 Park Avenue South enjoy a curated collection of amenities, including a 24-hour doorman, state-of-the-art fitness center, and children’s playroom—delivering a seamless full-service lifestyle. Just moments from Madison Square Park, Union Square, and the Flatiron District, this coveted location places world-class dining, shopping, culture, and multiple subway lines (4, 5, 6, L, N, R, Q) right outside your door—while offering the privacy and prestige of a Park Avenue South address. Please note there is an assessment of $1,118/month for 11 months, effective 2/1/2026

Getting Around

100
WalkingWalker's Paradise
100
TransitRider's Paradise
91
BikeBiker's Paradise

Schools

8/10
8/10
Jhs 104 Simon BaruchGrades 6-80.4 mi

Construction

Condition

  • Year built: 2007

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 1,129
  • Total interior livable area: 1,129 sqft

Property

Details

  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Courtyard
  • Has view: Yes
  • View description: City

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,582$114,984
Home Insurance *$316$3,792
Property Taxes $1,121$13,452
Electricity $246$2,954
Total$11,265$135,180
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$386,228/yr
40% on housing$337,950/yr
45% on housing$300,400/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,678This listing

vs Other Active Listings

Avg $/sqft

ZIP 10003$1,469
New York County$1,488

vs Homes Sold Last Month

Median $/sqft

ZIP 10003$1,089
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-01-25Listed for sale$1,995,000
2024-11-08Listing removed$7,800
2024-10-29Listed for rent$7,800
2020-11-04Listing removed$6,500
2020-10-06Price change$6,500
2020-07-20Price change$7,000
2020-07-01Listed for rent$8,000
2018-12-12Listing removed$8,000
2018-11-14Listed for rent$8,000
2016-10-06Listing removed$6,700
2016-04-19Listing removed$6,600
2016-03-14Price change$6,600
2016-02-25Price change$6,800
2016-02-06Price change$7,200
2016-01-26Price change$6,650
2016-01-12Price change$7,200
2015-11-24Price change$7,400
2015-11-12Price change$7,100
2015-10-29Price change$7,700
2015-10-02Price change$8,000
2015-09-16Listed for rent$8,500

For Sale by Agent

AgentMelinda Sicari
BrokerageDouglas Elliman

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