Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
305 2nd Avenue #518
Interested in this property?
Active For Sale Condo

$1,250,000

$1,394 per sq ft

305 2nd Avenue #518

Gramercy Park, Manhattan

Rutherford Place

MLS® #RLS20086428

RLS at REBNY

Listing by Compass

Open House Scheduled

Sunday, April 26 • 5:00 PM – 6:00 PM

1

Bedroom

1

Bath

897

Sq. Ft.

1903

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 897 sq ft
Year Built 1903
Ownership Condo
HOA/Common Charges $733/mo
Property Taxes $13,884/yr
Parking Valet
Neighborhood Gramercy Park
Floor 5 of 9

Property Highlights

  • Exposure: North,South facing
  • Climate Control: Central Air
  • Character: Pre-war building (1903)

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 5 of 9
Exposure North,South
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 1903
Living Area 897 sq ft
Parking Features Valet
Structure Type MixedUse
Furnished Unfurnished
Parcel # 0898-1099
Block/Lot 00898/1099

Listing History

Event Date Price Change
Listed Apr 23, 2026 $1,250,000 -
Currently Apr 23, 2026 $1,250,000 -

Description

Dramatic and bright, this oversized one bedroom duplex loft features soaring 16 foot ceilings and oversized windows framing an open north view. This home boasts a windowed kitchen with breakfast bar, granite counters, Poggenpohl cabinetry, Viking range, Subzero fridge, Bosch dishwasher and Dacor built-in microwave. The ample bedroom has full height ceilings and overlooks the living area below. The windowed bath features granite tiles and designer fixtures. Known for its unique, one-of-a-kind residences and low common charges, Rutherford Place was built in 1902 and is listed on the National Register of Historic Places. This well run condominium offers a 24 hour concierge, rooftop fitness room, laundry rooms on every floor, bicycle room, resident manager, and a furnished planted roof terrace that overlooks a historic park. Superb location at East 17th Street and Stuyvesant Square Park, close to Union Square, the popular Farmer's Market and many wonderful restaurants. In unit washer/dryers are permitted. Pets are welcome!

Features & Amenities

Interior Features

Entrance Foyer High Ceilings Building Washer Dryer Install Allowed Common On Floor Common Area

Exterior Features

Building Roof Deck

Building Amenities

Elevators

Appliances

Dishwasher Range

Building Information

Financial Details

Common Charges $733/mo
RE Taxes $13,884/yr ($1,157/mo)

Gramercy 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 Neighborhood

Active Listings

180

Median Asking Price

$1.47M

Median $/Sqft

$1,771

Avg Days on Market

N/A

New This Week

11

Price Reduced

26%

Sold (30 Days)

20

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 4/23/26, 7:04 PM EST

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Location

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305 2nd Avenue #518, Gramercy Park, New York County

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1950
Year Built
76 years old
10
Floors
127
Residential Units
R9A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $30,796,644
Land Value: $2,825,102
Exemptions: $83,797

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 21,432 SF
Building Area: 165,390 SF
Built FAR: 7.72
Allowed FAR: 7.52

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

Frequently Asked Questions

Common questions about this property

The current listed common charges are $733 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $13,884, or roughly $1,157 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 897 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: Building Pets Allowed Comments:More than one dog requires approval.. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,250,000 for 897 sq ft, the asking price per square foot is approximately $1,394. 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) 416-7433
MLS® ID: RLS20086428
First Listed: 4/23/2026
On Market: 4/23/2026
Price Changed: 4/23/2026
Contract Date: 4/20/2026

Listing Courtesy of Compass - Ivana A Tagliamonte

Listing Contact: (917) 538-9763

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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/23/2026 at 11:04 PM UTC

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