Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
385 1ST Avenue #11D

For Sale · Listing by Corcoran Group

385 1ST Avenue #11D

Gramercy Park, Manhattan

$975,000

Interested in this property?
Active For Sale Condo

$975,000

$1,484 per sq ft

385 1ST Avenue #11D

Gramercy Park, Manhattan

Coda

MLS® #RLS20108367

RLS at REBNY

Listing by Corcoran Group

1
Bedroom
1
Bath
657
Sq. Ft.
2002
Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 657 sq ft
Year Built 2002
Ownership Condo
HOA/Common Charges $920/mo
Property Taxes Contact for details
Parking Garage
Neighborhood Gramercy Park
Floor 11 of 21

Property Highlights

  • Views: City
  • Exposure: North facing
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 11 of 21
View City
Exposure North
Pets Yes
Year Built 2002
Living Area 657 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 0928-1668
Block/Lot 00928/1668

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

Building Other Washer Hookup In Unit

Exterior Features

Building Roof Deck

Building Amenities

Bike Storage Fitness Center Storage

Appliances

Washer Dryer Allowed

Building Information

Building Coda
Building Data View Compliance & Permits
Total Units 114
Stories 21
Structure HighRise

Financial Details

Common Charges $920/mo
RE Taxes Contact for details

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

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

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385 1ST Avenue #11D, Gramercy Park, New York County

Building Information

Official NYC property records for this building

2002
Year Built
24 years old
20
Floors
114
Residential Units
C1-9A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $25,158,161
Land Value: $1,422,011
Exemptions: $69,815

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

Lot Area: 9,875 SF
Building Area: 114,544 SF
Built FAR: 11.6
Allowed FAR: 10

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 $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) 416-7433
MLS® ID: RLS20108367
First Listed: 8/10/2026
On Market: 8/10/2026
Price Changed: 8/10/2026
Contract Date: 8/10/2026

Listing 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 at REBNY

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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New listings in this building

Quick Facts

Status Active Type Condo Neighborhood Gramercy Park Borough Manhattan
County New York
Floor 11 of 21
Year Built 2002
First Listed 8/10/2026
Parking Garage
Living Area 657 sqft
Common Charges $920/mo

Monthly Costs Estimate

Down Payment 20%

$195,000

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 $920
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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