Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,100,000

· Closed August 12, 2024

385 1st Avenue #2H
Closed For Sale Condo

$1,100,000

$1,565 per sq ft

385 1st Avenue #2H

Gramercy Park, Manhattan

MLS® #RLS10970907

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

703

Sq. Ft.

2016

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 703 sq ft
Year Built 2016
Ownership Condo
HOA/Common Charges $1,248/mo
Property Taxes $14,160/yr
Parking Garage
Neighborhood Gramercy Park
Floor 2 of 21

Property Highlights

  • Outdoor Space: Terrace
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 2 of 21
Pets Yes
Year Built 2016
Living Area 703 sq ft
Parking Garage Available
Parking Features Garage
Structure Type HighRise,MixedUse
Furnished Unfurnished
Parcel # 0928-1609
Block/Lot 00928/1609

Listing History

Event Date Price Change
Listed May 2, 2024 $1,150,000 -
Currently Jun 2, 2026 $1,100,000 -4.3%

Description

Discover urban luxury at its finest in this stunning 1-bedroom residence with a large private terrace! Rarely, does an apartment like this become available. Through floor-to-ceiling windows, embrace the vibrant cityscape in this bright and spacious 1 bedroom home with a stunning terrace. Renowned designer Francis D'Haene of D'Apostrophe Design has masterfully crafted light-filled interiors, adorned with exquisite fixtures and refined detailing throughout. Step through the entry foyer with a spacious coat closet into the open kitchen, appointed with glossy white Italian lacquer cabinetry, honed marble countertops and backsplashes, and top-of-the-line appliances including a Sub-Zero refrigerator, a 36" Bosch gas cooktop, and more. The generously proportioned living room sets the stage for effortless entertaining. The durable floors are a polished cement that has a resemblance to marble. The west-facing bedroom offers serene views of your own secluded terrace with greenery, while the adjoining bathroom features honed Grey Fume marble flooring, a custom-designed vanity finished in ash veneer with a blackened steel frame, polished nickel fixtures by Waterworks, and a Toto toilet. Plus, enjoy the convenience of an in-residence washer and vented dryer. No details were spared on the thoughtful and stylish interior design of this home and all furniture is available for purchase. Situated in the CODA, this residence presents a rare opportunity to own a home that seamlessly blends substance with style, just moments away from Gramercy Park, Madison Square Park, and the East Village. Enjoy a full suite of amenities, including a 24-hour doorman, live-in super, landscaped terrace with grill, resident lounge, fitness center curated by Jay Wright of The Wright Fit, and a large, landscaped roof terrace boasting panoramic views. Don't miss the chance to elevate your urban living experience – schedule your viewing today! Please note the taxes in the listing are representative of the condo abatement available to primary residents.

Features & Amenities

Interior Features

Entrance Foyer Soaking Tub Common On Floor Common Area In Unit

Exterior Features

Terrace

Appliances

Cooktop Dryer Dishwasher Freezer Refrigerator Washer

Building Information

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

Financial Details

Common Charges $1,248/mo
RE Taxes $14,160/yr ($1,180/mo)
Original Price $1,150,000
Sale Price $1,100,000
Previous Price $1,150,000

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

172

Median Asking Price

$1.37M

Median $/Sqft

$1,766

Avg Days on Market

N/A

New This Week

6

Price Reduced

29%

Sold (30 Days)

21

Median Sale Price

$1.20M

Live data from RLS at REBNY • Updated 6/2/26, 11:47 AM EST

Similar Listings in Gramercy Park

View All

Location

Loading map...

385 1st Avenue #2H, Gramercy Park, New York County

Floor Plans

Floor Plan 1

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 $1,248 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $14,160, or roughly $1,180 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 703 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2016, making it approximately 10 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 $1,100,000 for 703 sq ft, the asking price per square foot is approximately $1,565. 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: RLS10970907
First Listed: 5/2/2024
On Market: 5/2/2024
Price Changed: 8/12/2024
Closed: 8/12/2024
Contract Date: 4/16/2024

Listing Courtesy of Compass - Jill Damico

Listing Contact: (516) 993-0635

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 6/2/2026 at 3:47 PM UTC

Buying a Condo? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton