Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
305 2nd Avenue #538

For Sale · Listing by R New York

305 2nd Avenue #538

Gramercy Park, Manhattan

$1,375,000

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Interested in this property?
Active For Sale Condo

$1,375,000

$1,649 per sq ft

305 2nd Avenue #538

Gramercy Park, Manhattan

MLS® #RLS20093333

RLS at REBNY

Listing by R New York

1
Bedroom
1
Bath
834
Sq. Ft.
1899
Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 834 sq ft
Year Built 1899
Ownership Condo
HOA/Common Charges $607/mo
Property Taxes $13,248/yr
Neighborhood Gramercy Park
Floor 5 of 10

Property Highlights

  • Views: City
  • Exposure: South facing
  • Style: Prewar architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 5 of 10
View City
Exposure South
Cooling Central Air
Pets Yes
Cross Street East 17th Street/East 18th Street
Year Built 1899
Living Area 834 sq ft
Architectural Style Prewar
Structure Type None
Parcel # 0898-1119
Block/Lot 0898/7501

Listing History

Event Date Price Change
Listed May 26, 2026 $1,400,000 -
Currently Sep 1, 2026 $1,375,000 -1.8%

Description

Park View Alert! Rarely available south facing duplex one bedroom at Rutherford Place with beautiful direct views of Stuyvesant Square Park.This bright and spacious home features high ceilings, oversized windows, and a welcoming layout filled with natural light. Both the living room and bedroom overlook beautiful Stuyvesant Square Park with sunny southern exposure, creating a peaceful and unique retreat in the heart of Manhattan.The apartment features a large living and dining area, hardwood floors throughout, and a thoughtfully designed kitchen with stainless steel appliances.Originally built as a historic maternity hospital and later converted into one of Gramercy’s most distinctive condominium buildings, Rutherford Place is known for its unique layouts, prewar charm, and residences full of character.Residents enjoy a 24 hour doorman, live in superintendent, laundry on every floor, bike storage, and a gym overlooking the landscaped roof deck. The building also allows in unit washer/dryers and pets are welcome.Moments from Union Square, Flatiron, East Village, restaurants, transportation - downtown living at its best!

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Building Multiple Locations Common Area

Exterior Features

Building Roof Deck

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Stories 10
Structure None
Style Prewar

Financial Details

Common Charges $607/mo
RE Taxes $13,248/yr ($1,104/mo)
Original Price $1,400,000
Previous Price $1,400,000

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

108

Median Asking Price

$1.42M

Median $/Sqft

$1,770

Avg Days on Market

N/A

New This Week

9

Price Reduced

29%

Sold (30 Days)

40

Median Sale Price

$1.30M

Live data from RLS at REBNY • Updated 9/1/26, 6:07 PM EST

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Location

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305 2nd Avenue #538, Gramercy Park, New York County • Near East 17th Street/East 18th Street

Virtual Tour

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Floor Plans

Floor Plan 1

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: $83,737

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 $607 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $13,248, or roughly $1,104 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 834 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1899, making it approximately 127 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 Milton Coste for weight limits or breed restrictions.

At the current list price of $1,375,000 for 834 sq ft, the asking price per square foot is approximately $1,649. 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 milton@miltoncoste.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: RLS20093333
First Listed: 5/26/2026
On Market: 5/26/2026
Price Changed: 9/1/2026
Contract Date: 5/19/2026

Listing Courtesy of R New York - Irit Haitin

Listing Contact: (212) 688-1000

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 9/1/2026 at 10:07 PM UTC

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Gramercy Park Market Update

40 sales last 30 days · $1.42M median · 2.7 months supply

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Quick Facts

Status Active Type Condo Neighborhood Gramercy Park Borough Manhattan
County New York
Floor 5 of 10
Year Built 1899
First Listed 5/26/2026
Style Prewar
Living Area 834 sqft
Common Charges $607/mo
Annual Tax $13,248

Monthly Costs Estimate

Down Payment 20%

$275,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $607
Est. Taxes $1,104
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$13,750

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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