Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
305 2nd Avenue #328
Interested in this property?
Active For Sale Condo

$1,800,000

$1,525 per sq ft

305 2nd Avenue #328

Gramercy Park, Manhattan

Rutherford Place

MLS® #RLS20078812

RLS at REBNY

Listing by Sothebys International Realty

2

Bedrooms

2

Baths

1,180

Sq. Ft.

1899

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,180 sq ft
Lot Size 21,432 sq ft
Year Built 1899
Ownership Condo
HOA/Common Charges $1,306/mo
Property Taxes $24,828/yr
Neighborhood Gramercy Park
Floor 3 of 10

Property Highlights

  • Views: City
  • Exposure: East,West facing
  • Outdoor Space: Building Terrace, Terrace

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 3 of 10
View City
Exposure East,West
Cooling Central Air
Pets Yes
Year Built 1899
Living Area 1,180 sq ft
Architectural Style Prewar,Loft
Structure Type None
Flooring Hardwood
Furnished Unfurnished
Lot Size 21,432 sq ft
Parcel # 0898-1063
Block/Lot 00898/1063

Listing History

Event Date Price Change
Listed Mar 23, 2026 $1,800,000 -
Currently May 8, 2026 $1,800,000 -

Description

Soaring Ceilings! Expansive Private Terrace! Dramatic Triplex Loft Condo! A truly one-of-a-kind triplex loft featuring soaring double-height ceilings, oversized windows, and an expansive private terrace in the historic Rutherford Place. Located in the heart of Gramercy, this stunning two-bedroom, two-bathroom condominium seamlessly blends prewar architectural grandeur with modern luxury, and even offers a brand-new rooftop gym with open city views. Enter through a welcoming foyer with coat closet before stepping into the dramatic double-height living room, where oversized east-facing windows flood the space with natural light and highlight the home’s striking volume. The primary suite features soaring ceilings, a walk-in closet, and direct access to your large private terrace — a rare and inviting outdoor retreat, ideal for morning coffee, evening dining, or entertaining under the sky. The open kitchen is beautifully appointed with Viking range, Sub-Zero refrigerator, and Poggenpohl cabinetry, complemented by the convenience of an in-unit washer/dryer. The second bedroom, designed in an open loft configuration, comfortably accommodates a king-size bed, side tables, and a work area, and includes a spacious en-suite bathroom and closet. Built in 1902, Rutherford Place is a historic prewar condominium listed on the National Register of Historic Places. Residents enjoy a magnificent marble lobby, 24-hour concierge, resident manager, valet and housekeeping services, bicycle room, laundry rooms on every floor, and a rooftop fitness center with a beautifully furnished planted terrace overlooking Stuyvesant Square Park. This coveted pet-friendly address offers effortless access to downtown’s best dining, culture, and shopping. Just moments away are Union Square Park and the Union Square Greenmarket, along with multiple subway lines (4/5/6/N/Q/R/W/L). *Represents current apartment configuration, which may not conform to official legal documentation. Purchasers should consult with their legal or architectural professionals to determine legal use parameters.

Features & Amenities

Interior Features

Entrance Foyer Elevator High Ceilings Common On Floor In Unit Flooring: Hardwood

Exterior Features

Building Roof Deck Private Outdoor Space Over60 Sqft Building Terrace Terrace

Building Amenities

Elevators

Appliances

Dryer Washer Dryer Stacked Dishwasher Washer

Building Information

Building Rutherford Place
Building Data View Compliance & Permits
Total Units 127
Stories 10
Structure None
Style Prewar,Loft

Financial Details

Common Charges $1,306/mo
RE Taxes $24,828/yr ($2,069/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

163

Median Asking Price

$1.45M

Median $/Sqft

$1,828

Avg Days on Market

N/A

New This Week

11

Price Reduced

26%

Sold (30 Days)

22

Median Sale Price

$1.23M

Live data from RLS at REBNY • Updated 5/8/26, 12:08 AM EST

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Location

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305 2nd Avenue #328, Gramercy Park, New York County

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: $83,797

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 $1,306 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $24,828, or roughly $2,069 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,180 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 the listing broker for weight limits or breed restrictions.

At the current list price of $1,800,000 for 1,180 sq ft, the asking price per square foot is approximately $1,525. 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: RLS20078812
First Listed: 3/23/2026
On Market: 3/23/2026
Price Changed: 3/23/2026
Contract Date: 3/23/2026

Listing Courtesy of Sothebys International Realty - Lena K Datwani

Listing Contact: (212) 431-2440

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 5/8/2026 at 4:08 AM UTC

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