Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,625,000

· Closed January 13, 2025

385 1st Avenue #4B
Closed For Sale Condo

$1,625,000

$1,366 per sq ft

385 1st Avenue #4B

Gramercy Park, Manhattan

MLS® #RLS11007934

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

1,190

Sq. Ft.

2016

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,190 sq ft
Year Built 2016
Ownership Condo
HOA/Common Charges $1,816/mo
Property Taxes $21,588/yr
Neighborhood Gramercy Park
Floor 4 of 21

Property Highlights

  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 4 of 21
Heating Central
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 2016
Living Area 1,190 sq ft
Structure Type HighRise,MixedUse
Flooring Hardwood
Furnished Unfurnished
Parcel # 0928-1618
Block/Lot 00928/1618

Listing History

Event Date Price Change
Listed Sep 10, 2024 $1,650,000 -
Currently Jun 2, 2026 $1,625,000 -1.5%

Description

Residence 4B at The Coda condominium is well positioned in a convenient and highly coveted Gramercy location. Whether you are searching for a new primary home, a pied a terre or an investment, this well laid out 1190 sq ft. two bedroom/two bathroom space will be sure to please. This beautiful home offers oversized windows with two exposures allowing bright and cheery light to grace this space throughout the day. The two primary-sized bedrooms allow for furniture of any size including room for a work from home space, there are two luxurious bathrooms with high-end finishes, one with an oversized walk-in shower and a double sink and the other with a deep soaking tub. Enjoy a full-sized in-unit washer and dryer, an abundance of custom closets (one incredible walk-in) and storage, central ac and heating, gorgeous wide oak-strip flooring, and a stunning open kitchen that is sure to impress with its plentiful honed Petite Granite countertops and backsplash, glossy white Italian lacquer cabinetry, custom shelving, a pantry closet, a Subzero refrigerator and freezer, 36” Bosch gas cooktop, oven and microwave and a Bosch dishwasher. Residents of The Coda enjoy exclusive access to the building’s top-tier amenities, including a 24-hour attended lobby, a live-in resident manager, a fitness room curated by The Wright Fit, and a landscaped roof deck with grilling stations and incredible city and river views. Relax in the private lounge, enjoy the landscaped garden terrace with seating and an additional grilling station and enjoy the private storage that comes with your new home. This sought after downtown location offers the best of urban living. Close to transportation, dining, nightlife, The East River Greenway, markets, coffee shops, dog runs…and more! This is truly what NYC living dreams are made of. The listed real estate taxes include the Star tax abatement.

Features & Amenities

Interior Features

Breakfast Bar Double Vanity Kitchen Island Pantry Walk In Closets Common On Floor Common Area In Unit Flooring: Hardwood

Appliances

Dishwasher

Building Information

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

Financial Details

Common Charges $1,816/mo
RE Taxes $21,588/yr ($1,799/mo)
Original Price $1,650,000
Sale Price $1,625,000
Previous Price $1,650,000

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

$1.30M

Median $/Sqft

$1,766

Avg Days on Market

N/A

New This Week

6

Price Reduced

29%

Sold (30 Days)

20

Median Sale Price

$1.19M

Live data from RLS at REBNY • Updated 6/2/26, 7:44 AM EST

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Location

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385 1st Avenue #4B, 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 $1,816 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $21,588, or roughly $1,799 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 1,190 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 $1,625,000 for 1,190 sq ft, the asking price per square foot is approximately $1,366. 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: RLS11007934
First Listed: 9/10/2024
On Market: 9/10/2024
Price Changed: 1/11/2025
Closed: 1/13/2025
Contract Date: 9/1/2024

Listing Courtesy of Compass - Danelle Snider

Listing Contact: (646) 327-0304

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 11:44 AM UTC

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