Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,875,000

· Closed October 3, 2023

305 2nd Avenue #701
Closed For Sale Condo

$1,875,000

$1,490 per sq ft

305 2nd Avenue #701

Gramercy Park, Manhattan

MLS® #RLS10895543

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

1,258

Sq. Ft.

1899

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,258 sq ft
Year Built 1899
Ownership Condo
HOA/Common Charges $1,121/mo
Property Taxes $27,072/yr
Neighborhood Gramercy Park
Floor 7 of 10

Property Highlights

  • Views: City
  • Exposure: North,South facing
  • Style: Prewar architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 7 of 10
View City
Exposure North,South
Cooling Central Air
Pets Yes
Cross Street East 17th Street/East 18th Street
Year Built 1899
Living Area 1,258 sq ft
Architectural Style Prewar
Parcel # 0898-1124
Block/Lot 898/7501

Listing History

Event Date Price Change
Listed Jun 20, 2023 $1,875,000 -
Price Reduced Oct 3, 2023 $1,900,000 +1.3%

Description

Oversized, duplex, 2-bedroom, 2-bathroom condo with double exposure to the North and South at Rutherford Place in Gramercy. This exceptional apartment offers a perfect blend of modern elegance and comfortable living, making it an ideal home for urban dwellers seeking style and convenience. Upon entering this magnificent space, you are greeted by a spacious foyer with a bedroom suite off to the left and a staircase to the main living quarters of the residence. An abundance of natural light greets you as you enter the main level, streaming in through the double height window, creating a bright and airy atmosphere. The open-concept layout seamlessly connects the living, dining, and kitchen areas, providing a spacious and inviting environment for both relaxation and entertainment. The living room features soaring double height ceilings, complemented by gorgeous hardwood flooring that adds warmth and sophistication to the space. It offers ample room for plush seating arrangements, allowing you to unwind and enjoy leisurely evenings or host gatherings with friends and family. The adjacent dining area is perfect for intimate meals or larger dinner parties, creating a seamless flow from the kitchen to the entertaining space. The modern chef's kitchen is equipped with top-of-the-line stainless steel appliances, including a Viking range, Sub-zero refrigerator, Poggenpohl cabinetry, and quartz countertops. There is an abundance of storage in the custom cabinetry that lines both walls, and a spacious large island that provides a stylish and functional space for any culinary endeavors. The primary bedroom offers a tranquil retreat from the bustling city. It boasts two large windows filling the room with natural light and offering breathtaking views of the surrounding neighborhood. There is plenty of room for a king-size bed with side tables as well. The sunny second bedroom faces south with open sweeping views of Stuyvesant Square and beyond to Gracey Church and the World Trade Center. Both bathrooms are well-appointed and elegantly designed, complete with contemporary fixtures. The one ensuite to the second bedroom has a standing shower stall and the other has a tub/shower combination. Additional features include, custom closets with full access doors, hardwood floors, 3 zones of central air, and a washer and dryer. Rutherford Place is a full-service condominium with a 24 hour doorman, on-site valet service, gym, rooftop terrace, and bike room. 305 Second Avenue offers easy access to an array of renowned restaurants, trendy cafes, boutique shops, and cultural attractions. With close proximity to public transportation options, including subway lines, commuting to other parts of the city is a breeze. It is conveniently located just south of Gramercy and at the cusp of Union Square and the East Village.

Features & Amenities

Interior Features

Dining Area Building Washer Dryer Install Allowed Common On Floor Common Area New Windows

Exterior Features

Building Roof Deck

Appliances

Dryer Washer

Building Information

Stories 10
Style Prewar

Financial Details

Common Charges $1,121/mo
RE Taxes $27,072/yr ($2,256/mo)
Sale Price $1,875,000
Previous Price $1,900,000

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

175

Median Asking Price

$1.48M

Median $/Sqft

$1,781

Avg Days on Market

N/A

New This Week

6

Price Reduced

26%

Sold (30 Days)

20

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 4/23/26, 7:45 AM EST

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Location

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305 2nd Avenue #701, Gramercy Park, New York County • Near East 17th Street/East 18th Street

Floor Plans

Floor Plan

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 $1,121 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $27,072, or roughly $2,256 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 1,258 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 $1,875,000 for 1,258 sq ft, the asking price per square foot is approximately $1,490. 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: RLS10895543
First Listed: 6/20/2023
Price Changed: 10/3/2023
Closed: 10/3/2023
Contract Date: 6/20/2023

Listing Courtesy of Compass - Adrianne Kriegstein

Listing Contact: (917) 921-6929

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 4/23/2026 at 11:45 AM UTC

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