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                           August 24, 2023

       Joshua Goldstein
       General Counsel and Secretary
       Masterworks 254, LLC
       225 Liberty Street, 29th Floor
       New York, New York 10281

                                                        Re: Masterworks 254,
LLC
                                                            Post-Qualification
Amendment to Offering Statement on Form 1-A
                                                            Filed August 17,
2023
                                                            File No. 024-12268

       Dear Joshua Goldstein:

                                                        This is to advise you
that we do not intend to review your amendment.

               We will consider qualifying your offering statement at your
request. If a participant in
       your offering is required to clear its compensation arrangements with
FINRA, please have
       FINRA advise us that it has no objections to the compensation
arrangements prior to
       qualification.

               We remind you that the company and its management are
responsible for the accuracy
       and adequacy of their disclosures, notwithstanding any review, comments,
action or absence of
       action by the staff.

                                                        Please contact Taylor
Beech at 202-551-4515 with any questions.





                           Sincerely,


                           Division of Corporation Finance

                           Office of Trade & Services