Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
305 2ND Avenue #327
Closed For Sale Condo

$829,000

$1,357 per sq ft

305 2ND Avenue #327

Gramercy Park, Manhattan

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MLS® #RLS10778665

RLS at REBNY

Listing by Douglas Elliman Real Estate

Studio

1

Bath

611

Sq. Ft.

1902

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 611 sq ft
Year Built 1902
Ownership Condo
HOA/Common Charges $565/mo
Property Taxes $11,532/yr
Neighborhood Gramercy Park
Floor 3 of 9

Property Highlights

  • Exposure: East,South facing
  • Character: Pre-war building (1902)

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Baths 1 Full
Floor 3 of 9
Exposure East,South
Pets Yes
Year Built 1902
Living Area 611 sq ft
Parcel # 0898-1062

Listing History

Event Date Price Change
Listed Mar 4, 2022 $899,000 -
Price Reduced Jun 23, 2022 $849,000 -5.6%
Currently Apr 24, 2026 $829,000 -2.4%

Description

Rarely available! Entry foyer leads you into this Beautiful Large Unique Open Sun flooded loft studio with storage loft which can also have a bed (not for standing 3.2ft) in the Magnificent Historical Rutherford Place. Unit features double-height ceilings throughout and large windows facing East providing great light. The renovated kitchen includes a Viking range, Sub-Zero refrigerator, Chefs stove, Bosch dishwasher, Poggenpohl cabinetry, and black granite countertops. Rutherford Place is a full-service building with a 24 hour doorman, laundry on every floor, on-site valet service, sun deck, Fitness center & bike room. Pet friendly building, conveniently located just south of Gramercy and steps from the Best restaurants, shopping, park, entertainment and all transportation, Union Square, Flatiron East Village.

Building Information

Financial Details

Common Charges $565/mo
RE Taxes $11,532/yr ($961/mo)
Original Price $899,000
Sale Price $829,000
Previous Price $849,000

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

178

Median Asking Price

$1.47M

Median $/Sqft

$1,781

Avg Days on Market

N/A

New This Week

8

Price Reduced

26%

Sold (30 Days)

17

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 4/24/26, 10:03 AM EST

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Location

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305 2ND Avenue #327, Gramercy Park, New York County

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 $565 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $11,532, or roughly $961 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 611 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 $829,000 for 611 sq ft, the asking price per square foot is approximately $1,357. 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: RLS10778665
First Listed: 3/4/2022
Price Changed: 6/23/2022
Closed: 6/22/2022
Contract Date: 3/4/2022

Listing Courtesy of Douglas Elliman Real Estate - Cindy Gise

Listing Contact: (917) 767-5999

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 4/24/2026 at 2:03 PM UTC

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