Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,295,000

· Closed July 17, 2017

385 1st Avenue #16G
Closed For Sale Condo

$1,295,000

$1,781 per sq ft

385 1st Avenue #16G

Gramercy Park, Manhattan

Coda

MLS® #RLS10088992

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

1

Bath

727

Sq. Ft.

2002

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 727 sq ft
Year Built 2002
Ownership Condo
HOA/Common Charges $763/mo
Property Taxes $13,740/yr
Neighborhood Gramercy Park
Floor 16 of 21

Property Highlights

  • Exposure: East facing

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 16 of 21
Exposure East
Pets Yes
Cross Street EAST 22 STREET and EAST 23 STREET
Year Built 2002
Living Area 727 sq ft
Parcel # 0928-1696

Listing History

Event Date Price Change
Listed Jun 14, 2017 $1,295,000 -
Price Reduced Sep 8, 2017 $1,238,594 -4.4%

Description

IMMEDIATE OCCUPANCY Enjoy amazing sunlight from this southeasterly corner one-bedroom residence, offering dual exposures in both the living room and master bedroom. A spacious open kitchen optimizes the light throughout, creating a wonderful home for entertaining.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Building Information

Financial Details

Common Charges $763/mo
RE Taxes $13,740/yr ($1,145/mo)
Sale Price $1,295,000
Previous Price $1,238,594

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

168

Median Asking Price

$1.49M

Median $/Sqft

$1,797

Avg Days on Market

N/A

New This Week

14

Price Reduced

27%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 5/15/26, 4:06 AM EST

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Location

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385 1st Avenue #16G, Gramercy Park, New York County • Near EAST 22 STREET and EAST 23 STREET

Floor Plans

Floor Plan 1

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 $763 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $13,740, or roughly $1,145 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 727 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2002, making it approximately 24 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 $1,295,000 for 727 sq ft, the asking price per square foot is approximately $1,781. 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 [email protected]. 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: RLS10088992
First Listed: 6/14/2017
Price Changed: 9/8/2017
Closed: 7/17/2017
Contract Date: 6/14/2017

Listing Courtesy of The Corcoran Group - CODA Sales Office

Listing Contact: (212) 268-9954

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 5/15/2026 at 8:06 AM UTC

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