Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,590,000

· Closed March 8, 2024

Closed For Sale Condo

$1,590,000

$1,485 per sq ft

305 2ND Avenue #517

Gramercy Park, Manhattan

RUTHERFORD PLACE

MLS® #RLS10939195

RLS at REBNY

Listing by Corcoran Group

2

Bedrooms

1

Bath

1,071

Sq. Ft.

1902

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 1,071 sq ft
Year Built 1902
Ownership Condo
HOA/Common Charges $880/mo
Property Taxes $18,048/yr
Neighborhood Gramercy Park
Floor 5 of 9

Property Highlights

  • Views: City
  • Exposure: North,South facing
  • Character: Pre-war building (1902)

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 1 Full
Floor 5 of 9
View City
Exposure North,South
Pets Yes
Year Built 1902
Living Area 1,071 sq ft
Structure Type HighRise
Basement Other
Parcel # 0898-1098
Block/Lot 00898/1098

Listing History

Event Date Price Change
Listed May 9, 2023 $1,680,000 -
Currently Jun 2, 2026 $1,590,000 -5.4%

Description

Gorgeous 2 bedroom triplex loft with sundrenched double height ceiling living room at the renowned Rutherford Place Condominium! Inside #517, you'll find a practical and vertically flowing layout when you step into the proper entry foyer, with walk-in closet and ample space for bikes or strollers. Step up to the main floor, and host the holidays this year in the generous dining area, leading to the handsome walnut, granite, and stainless steel windowed kitchen. What makes this home most unique - the dramatic double height living room with 15' ceilings and massive 11' windows, capturing a fascinating north facing city view. Upstairs, there are two bedrooms, the primary overlooking the living room, and the 2nd, facing south to the sunny interior courtyard of the building. Dual exposure gives the home a bright and airy feel, at all hours and seasons. The entire home is finished with hardwood floors throughout, in unit washer/dryer, automatic shades, and offered in mint condition. A very distinctive and unique space, with exceptionally low monthlies, this triplex is not to be missed. Please note, unit is rented and requires 24+ hours notice for all showings. Email for more details on the rental terms.

About the building: Rutherford Place is a grand Historic Landmark building, renowned for its distinctive duplex and triplex loft style homes. With an attentive yet discreet 24 hour staff, live-in resident manager, and stunning landscaped roofdeck and well equipped heath club for residents to enjoy. Located just across the street from Stuyvesant Square Park, and equidistant from Union Square and the East Village, you will have some of the best choices in dining, nightlife, fashion, and fun the city has to offer.

Features & Amenities

Interior Features

Smoke Free Building Washer Dryer Install Allowed Common On Floor In Unit

Exterior Features

Building Roof Deck

Building Amenities

Concierge Green Building

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Common Charges $880/mo
RE Taxes $18,048/yr ($1,504/mo)
Original Price $1,680,000
Sale Price $1,590,000
Previous Price $1,680,000

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, 3:05 PM EST

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Location

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305 2ND Avenue #517, Gramercy Park, New York County

Virtual Tour

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 $880 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $18,048, or roughly $1,504 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 1 full bathroom.

The listed interior living area is 1,071 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1902, making it approximately 124 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 $1,590,000 for 1,071 sq ft, the asking price per square foot is approximately $1,485. 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: RLS10939195
First Listed: 5/16/2023
On Market: 5/9/2023
Price Changed: 3/8/2024
Closed: 3/8/2024
Contract Date: 5/16/2023

Listing Courtesy of Corcoran Group - ERIC FLEMING

Listing Contact: (917) 769-7776

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 7:05 PM UTC

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