305 2nd Avenue #516
MLS® #RLS11003661
Listing by Compass
1
Bedroom
1
Bath
1,170
Sq. Ft.
1903
Year Built
Quick Summary
Property Highlights
- Exposure: North,South facing
- Style: Loft architecture
- Climate Control: Other
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Aug 26, 2024 | $1,675,000 | - |
| Price Reduced | Oct 31, 2025 | $1,425,000 | -14.9% |
| Currently | Apr 22, 2026 | $1,360,000 | -4.6% |
Description
NEW PRICE | Gramercy Park | Loft Style 1 BDRM+ Bonus Room | 1BTH | 16’ Ceilings | Prewar Condo | 1170sf Apartment: • Oversized Loft Style Unit • Unique Layout • Soaring 16’ Ceilings • 10’ Tall Casement Windows • Main Floor Bedrooms • Dining Area Converted to Nursery/Toddler's Room. Would also make a perfect Home Office/Guest Room • Washer/Dryer in Unit • Bathroom – White Marble w/ Black Granite Countertop and a Deep Soaking Tub. Kitchen: • Windowed Chef's Kitchen • Viking stove • Sub Zero refrigerator • Bosch dishwasher • Poggenpohl Cabinets • Granite Countertops Building: • Rutherford Place • Landmarked Gilded Age Architecture • Built by JP Morgan in 1902 as Manhattan's First Birthing Hospital • Listed on the National Register of Historic Places • Converted to Condominiums in 2003 • Full-service Building w/ 24hr Doorman • Magnificent Common Roof Deck • Roof Top Gym • Additional laundry on every floor • Bike room • Pet Friendly Neighborhood: Corner of 2nd Ave and 17th St, adjacent to Stuyvesant Square Park, stands a venerable limestone and brick edifice. Its gleaming slate roof and Beaux Arts detailing attest to its pedigree as a National Landmark. Nearby neighborhoods of Union Square, East Village, and lower east side guarantee an evolving scene with many great restaurants, retail shops, and nightlife entertainment all within walking distance.
Features & Amenities
Interior Features
Appliances
Building Information
Financial Details
About Gramercy Park
View All Gramercy Park ListingsGramercy Park is one of New York City’s most storied and architecturally distinctive neighborhoods, centered around the only private park in Manhattan. The area exudes old-world charm with its gas-lit streets and impeccably preserved 19th-century architecture. While the park itself is private, the surrounding real estate offers a mix of historic brownstones, elegant pre-war cooperatives, and boutique new developments that cater to those seeking a low-traffic urban retreat.
Gramercy Park Live Market Data
View NeighborhoodActive Listings
173
Median Asking Price
$1.48M
Median $/Sqft
$1,775
Avg Days on Market
N/A
New This Week
7
Price Reduced
26%
Sold (30 Days)
23
Median Sale Price
$1.26M
Live data from RLS at REBNY • Updated 4/22/26, 2:49 PM EST
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Location
305 2nd Avenue #516, Gramercy Park, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $1,083 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $21,804, or roughly $1,817 per month. Verify the current assessment with your attorney before closing.
This property has 1 bedroom and 1 full bathroom.
The listed interior living area is 1,170 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1903, making it approximately 123 years old.
This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.
Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $1,360,000 for 1,170 sq ft, the asking price per square foot is approximately $1,162. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Compass - Danny Sayegh
Listing Contact: (914) 282-7110
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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 4/22/2026 at 6:49 PM UTC