For Sale · Listing by Corcoran Group
385 1ST Avenue #11D
Gramercy Park, Manhattan
$975,000
385 1ST Avenue #11D
MLS® #RLS20108367
Listing by Corcoran Group
- 1
- Bedroom
- 1
- Bath
- 657
- Sq. Ft.
- 2002
- Year Built
Quick Summary
Property Highlights
- Views: City
- Exposure: North facing
- Parking: Private garage
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Aug 10, 2026 | $975,000 | - |
| Currently | Aug 10, 2026 | $975,000 | - |
Description
Residence 11D at CODA presents a compelling opportunity to acquire a beautifully appointed one-bedroom condominium with immediate income in place. The residence is currently occupied by a tenant paying $4,800 per month, offering investors a seamless, income-producing acquisition in one of Downtown Manhattan's most desirable full-service buildings. Floor-to-ceiling windows fill the home with natural light and create an airy backdrop for the spacious living and dining area. The thoughtfully designed layout begins with a gracious entry foyer and generous closet space, providing both privacy and functionality. The open kitchen is finished with sleek Italian lacquer cabinetry, honed marble countertops and backsplash, and a premium appliance package featuring Sub-Zero and Bosch. Hardwood floors, central climate control, excellent storage and an in-unit washer and dryer complete the residence. CODA is a contemporary full-service condominium offering a 24-hour attended lobby, live-in resident manager, fitness center, landscaped courtyard, furnished roof terrace, elevators and available private storage. The building is pet-friendly and ideally positioned near Gramercy Park, Madison Square Park, Flatiron and Union Square, surrounded by some of Manhattan's best restaurants, shopping and transportation. With a strong tenant already in place, Residence 11D offers immediate cash flow, low-maintenance ownership and long-term value in a highly sought-after Manhattan location.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
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
119
Median Asking Price
$1.32M
Median $/Sqft
$1,796
Avg Days on Market
N/A
New This Week
3
Price Reduced
34%
Sold (30 Days)
8
Median Sale Price
$1.23M
Live data from RLS at REBNY • Updated 8/10/26, 11:36 AM EST
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Location
385 1ST Avenue #11D, Gramercy Park, New York County
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 $920 per month. Confirm the exact amount with Milton Coste before making an offer.
This property has 1 bedroom and 1 full bathroom.
The listed interior living area is 657 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 2002, making it approximately 24 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 $975,000 for 657 sq ft, the asking price per square foot is approximately $1,484. 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) 416-7433Listing Courtesy of Corcoran Group - Sebastian Lopera
Listing Contact: (917) 549-2428
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 8/10/2026 at 3:36 PM UTC
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Gramercy Park Market Update
8 sales last 30 days · $1.32M median · 14.9 months supply
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Quick Facts
Monthly Costs Estimate
$195,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
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