- Year built
- 1910
- Type
- Prewar apartment-house conversion
- Landmark
- No
- Amenities
- Elevator, intercom and common laundry
Every recorded sale at this building, 2013–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,671
- Listing discount
- 2.3%
- Recorded sales
- 17
- On record
- 2013–2025
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Park 27 would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
The Park 27 places ten condominium residences in a small prewar apartment house near Park Avenue South. The conversion retained a red-brick façade with a rusticated limestone base and stone quoins. Inside, compact single-level homes share the building with duplex penthouses and selected apartments with substantial private terraces.
Architecture and unit composition
The conventional floors have two apartments apiece. One-bedroom plans include separate kitchens and living rooms with space for dining. Outdoor accommodation varies: a lower-level apartment has a broad terrace opening from its living area, while penthouse terraces accompany homes arranged over two floors.
The duplex penthouses include two-bedroom, two-bathroom configurations. Their internal stairs connect the upper accommodation to the principal living level. Elevator access to the building does not remove those internal stairs from the duplex layouts.
The façade preserves the masonry proportions of the earlier apartment house. The conversion updated apartment interiors within that older structure. Window placement and the depth of the original floor plate remain important features of the smaller homes.
Building operations
Eland Realty LLC sponsored the non-eviction conversion. The Attorney General accepted the condominium filing in March 2012, and it became effective in April 2013. The filing separates ten residences from one commercial unit.
A 2014 DOB alteration application concerned medical-office use at the ground and cellar levels. The commercial space therefore belongs to the ownership structure beneath the apartments; its tax classification differs from the residential lots above.
Shared services include an elevator, intercom entry and a basement laundry room. The property has no doorman. Private terraces are attached to particular residences, so outdoor access differs by apartment even though all owners share the same condominium.
Recent sales
Recent closings at this building, curated by The Roebling Team research desk. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Sep 26, 2025 | 5A | 560 sf | $936,000 | $1,671/sf | off-mkt |
| Apr 2, 2019 | 5B | 1 BR · 1 BA · 650 sf | $885,000 | $1,362/sf | -1.7% |
| Oct 6, 2017 | PHB | 766 sf | $1,300,000 | $1,697/sf | off-mkt |
| Aug 18, 2015 | PHA | 2 BR · 1,100 sf | $1,286,634 | $1,170/sf | -1.0% |
| Mar 25, 2015 | PHB | 766 sf | $1,272,812 | $1,662/sf | off-mkt |
| Mar 13, 2015 | 3B | 1 BR · 600 sf | $777,500 | $1,296/sf | -2.7% |
| Jul 24, 2014 | 3A | 560 sf | $763,687 | $1,364/sf | off-mkt |
| Apr 29, 2014 | 2B | 1 BR · 1 BA · 544 sf | $794,235 | $1,460/sf | off-mkt |
Market read. Most recent trades (2025) cleared a median $1,671/sf across 1 sale. Median listing discount 2.3% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00882-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
What to know if you’re buying
Ten residences do not place these apartments in Class 2C. The residential condominium lots are assessed in Class 2, while the separate commercial unit is Class 4. A purchaser comparing this building with another small condominium should use the actual residential tax classification when considering assessment exposure.
Comparable buildings
- 50 Madison Avenue — A small prewar condominium with a taller, more vertical building form.
- 117 East 29th Street — A nearby prewar condominium of modest residential scale.
- 107 East 31st Street — Another small prewar condominium for comparing layouts within an older structure.
- 31 East 28th Street — A larger prewar condominium close to the same Park Avenue South market.
- L'Elysee — A similarly small prewar condominium with a taller profile.
More Flatiron buildings
- 107 East 31st Street — 2007 condominium
- 108 Fifth Avenue — 1986 condominium
- 111 East 30th Street (The Pierpont) — 1984 condominium by Philip Birnbaum & Associates
- 117 East 29th Street — 1920 condominium
- 118 East 29th Street (120 Gramercy Hill) — 1920 condominium
- 119 East 23rd Street (Crossing 23rd) — 2005 condominium by H. Thomas O'Hara Architects
The neighborhood
For the full corridor — architecture, transit, and pricing across Flatiron — read The Roebling Team Guide to Flatiron.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at The Park 27?
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