Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,510,000

· Closed June 26, 2025

385 1ST Avenue #2B
Closed For Sale Condo

$1,510,000

$1,227 per sq ft

385 1ST Avenue #2B

Gramercy Park, Manhattan

Coda

MLS® #RLS20005980

RLS at REBNY

Listing by City Sphere

2

Bedrooms

2

Baths

1,231

Sq. Ft.

2016

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,231 sq ft
Year Built 2016
Ownership Condo
HOA/Common Charges $1,952/mo
Property Taxes Contact for details
Parking Garage
Neighborhood Gramercy Park
Floor 2 of 21

Property Highlights

  • Views: Other
  • Outdoor Space: Terrace
  • Climate Control: Dual

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 2 of 21
View Other
Cooling Dual
Pets Yes
Year Built 2016
Living Area 1,231 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 0928-1604
Block/Lot 00928/0031

Listing History

Event Date Price Change
Listed Feb 28, 2025 $1,615,000 -
Currently Apr 22, 2026 $1,510,000 -6.5%

Description

The Deal of the Year! Priced to Sell!

Experience luxury living at its finest in this stunning condominium!

Apartment 2B offers 1,190 square feet of thoughtfully designed living space, featuring floor-to-ceiling windows and a private setback terrace-your own personal oasis.

This impeccably designed layout includes two split bedrooms and two beautifully appointed bathrooms, showcasing high-end fixtures and elegant finishes. The open kitchen is a chef's dream, boasting glossy white Italian lacquer cabinetry, custom shelving, a pantry closet, honed Petite Granite countertops and backsplash, a Sub-Zero refrigerator and freezer, a 36" Bosch gas cooktop, a wall oven, microwave, and a Bosch dishwasher.

The spacious living and dining areas flow seamlessly onto a bright, airy terrace, ideal for unwinding or gardening.

Fashion enthusiasts will adore the abundance of fitted and custom closets, including a coat closet, pantry, multiple linen closets, and a stunning walk-in closet in the master bedroom. Enjoy added convenience with automatic window shades for privacy and comfort. The master bath is a spa-like retreat, featuring honed Greyfume Marble flooring, custom cabinetry, Waterworks fixtures, a TOTO toilet, and zoned A/C units controlled by an individual thermostat. The unit also includes its own washer/dryer and additional storage space.

This exceptional condominium offers an array of amenities, including 24-hour doorman service, a live-in super, a private landscaped terrace with a barbecue grilling station, a resident lounge, a state-of-the-art fitness center designed by Jay Wright of The Wright Fit, large private storage units, bicycle storage, and a sprawling landscaped rooftop terrace with breathtaking 360-degree views of Manhattan, Brooklyn, Long Island City, and beyond.

Ideally located just moments from Gramercy Park, Madison Square Park, and the vibrant East Village, this is urban living at its best.

Pets are welcome to enjoy the private terrace and more!

Contact Sofia Corradini, exclusive agent, to schedule your private tour today!

Features & Amenities

Interior Features

Building None In Unit

Exterior Features

Building Roof Deck Private Outdoor Space Under60 Sqft Terrace

Building Amenities

Storage

Building Information

Building Coda
Total Units 1
Stories 21
Structure HighRise

Financial Details

Common Charges $1,952/mo
RE Taxes Contact for details
Original Price $1,615,000
Sale Price $1,510,000
Previous Price $1,615,000

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

9

Price Reduced

26%

Sold (30 Days)

23

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 4/22/26, 5:48 PM EST

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Location

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385 1ST Avenue #2B, 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 $1,952 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,231 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 $1,510,000 for 1,231 sq ft, the asking price per square foot is approximately $1,227. 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: RLS20005980
First Listed: 2/28/2025
On Market: 2/28/2025
Price Changed: 6/26/2025
Closed: 6/26/2025
Contract Date: 2/28/2025

Listing Courtesy of City Sphere - Sofia Corradini

Listing Contact: (917) 515-0353

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 4/22/2026 at 9:48 PM UTC

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