Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $580,000

· Closed January 8, 2025

Closed For Sale Co-op

$580,000

205 3rd Avenue #3B

Gramercy Park, Manhattan

MLS® #RLS11009355

RLS at REBNY

Listing by Compass

Studio

1

Bath

N/A

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1964
Ownership Co-op
Maintenance $1,264/mo
Parking Garage
Neighborhood Gramercy Park
Floor 3 of 20

Property Highlights

  • Exposure: North facing
  • Climate Control: Other
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 3 of 20
Exposure North
Cooling Other
Pets CatsOk
Year Built 1964
Parking Garage Available
Parking Features Garage
Structure Type HighRise,MultiFamily
Flooring Hardwood
Furnished Unfurnished
Parcel # 0899-0001-00205-000-000003B
Block/Lot 00899/0001

Listing History

Event Date Price Change
Listed Sep 16, 2024 $595,000 -
Currently Jun 2, 2026 $580,000 -2.5%

Description

Welcome home to the perfect urban oasis at 205 Third Avenue. Unit 3B is a spacious & quiet Alcove Studio. The apartment features an open-concept layout with an updated kitchen, separate sleeping alcove & dressing area/home office, and ample closet space. It can easily be converted to a Junior 1-BR. All utilities are included in the monthly maintenance ($99 utility surcharge is included in the listed maintenance). Apartment highlights: - Views of the tranquil building courtyard - Cherry wood floors - Breakfast bar - Home office space - Custom closets with built-in shelving Building highlights: - 24-hour doorman - Fitness center - On-site parking garage - Bike storage - Landscaped courtyard & roof deck with sweeping city views Gramercy Park Towers in ideally located just a few blocks from Gramercy Park & Union Square with easy access to the 4,5,6,L,N,Q,R,W trains. The coop allows financing up to 80%. Subletting is permitted with board approval. Cats are allowed, however dogs are not. No pied-a-terres.

Features & Amenities

Interior Features

Breakfast Bar Common On Floor Common Area Flooring: Hardwood

Appliances

Dishwasher Gas Cooktop Gas Oven Refrigerator Stainless Steel Appliances

Building Information

Building Data View Compliance & Permits
Total Units 326
Stories 20
Structure HighRise,MultiFamily

Financial Details

Maintenance $1,264/mo
Original Price $595,000
Sale Price $580,000
Previous Price $595,000

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, 9:20 AM EST

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Location

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205 3rd Avenue #3B, Gramercy Park, New York County

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Building Information

Official NYC property records for this building

1964
Year Built
62 years old
20
Floors
326
Residential Units
C1-9A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $49,907,700
Land Value: $3,118,500
Exemptions: $407,640

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 26,312 SF
Building Area: 358,898 SF
Built FAR: 13.64
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 monthly maintenance are $1,264 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1964, making it approximately 62 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

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: RLS11009355
First Listed: 9/16/2024
On Market: 9/16/2024
Price Changed: 1/8/2025
Closed: 1/8/2025
Contract Date: 9/2/2024

Listing Courtesy of Compass - Matthew Lerner

Listing Contact: (518) 242-9498

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 1:20 PM UTC

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