Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $499,900

· Closed August 11, 2025

205 3RD Avenue #5B
Looking for something similar?
Closed For Sale Co-op

$499,900

$1,000 per sq ft

205 3RD Avenue #5B

Gramercy Park, Manhattan

GRAMERCY PARK TOWER

MLS® #RLS11027704

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

Studio

1

Bath

500

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 500 sq ft
Year Built 1964
Ownership Co-op
Maintenance $1,275/mo
Parking Garage
Neighborhood Gramercy Park
Floor 5 of 20

Property Highlights

  • Views: City
  • Exposure: North facing
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 5 of 20
View City
Exposure North
Cooling Other
Pets Yes
Year Built 1964
Living Area 500 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 0899-0001-00205-000-000005B
Block/Lot 01824/0016

Description

BEST VALUE AT GRAMERCY PARK TOWERS! Located at Gramercy Park Towers, this Spacious Alcove Studio/Junior 1 is larger than many 1 bedroom apartments. The alcove can easily convert into a bedroom or home office (shown in the Alternate Floor plan). This home features hardwood floors throughout and has a galley kitchen with white wood cabinetry. The private dressing area is large enough to be your home office or dressing area. Enjoy great morning sunlight and brightness all day long. There are 4 generous closets including a large walk-in. Best of all, the unit overlooks the planted peaceful Zen garden.

Gramercy Park Towers is a desirable luxury co-op with 24-hour doorman, concierge, and live-in super. Amenities include a state-of-the art fitness center, laundry and bike storage rooms as well as on-site parking. Two highlights are the stunning landscaped Zen Garden on the ground floor and a planted roof deck with iconic views of the Manhattan skyline. The low monthly maintenance includes utilities (gas and electric). No pied-a-terres or parental co-purchase allowed. Sorry, no dogs, but cats are welcome.

Conveniently located for transportation - 4/5/6/N/Q/R and L subways at Union Square as well as 3rd Avenue buses. Close to both Gramercy and Madison Square Parks, the Union Square farmer's market, fantastic highly-rated restaurants, bars, shopping and culture. All measurements and square footages are approximate and all information should be confirmed by customer.


Features & Amenities

Interior Features

Building None

Exterior Features

Private Outdoor Space Over60 Sqft

Building Amenities

Bike Storage Elevators

Building Information

Building GRAMERCY PARK TOWER
Total Units 326
Stories 20
Structure HighRise

Financial Details

Maintenance $1,275/mo
Original Price $595,000
Sale Price $499,900
Previous Price $500,000

Gramercy Park is one of New York City’s most storied and picturesque 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 tranquil urban retreat.

Gramercy Park Live Market Data

View Neighborhood

Active Listings

167

Median Asking Price

$1.23M

Median $/Sqft

$1,771

Avg Days on Market

N/A

New This Week

10

Price Reduced

26%

Sold (30 Days)

15

Median Sale Price

$915K

Live data from RLS at REBNY • Updated 3/23/26, 11:44 AM EST

Similar Listings in Gramercy Park

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Location

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205 3RD Avenue #5B, Gramercy Park, New York County

MLS® ID: RLS11027704
First Listed: 1/7/2025
On Market: 1/7/2025
Price Changed: 8/12/2025
Closed: 8/11/2025
Contract Date: 1/7/2025

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Elise Ehrlich

Listing Contact: (212) 521-5713

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 3/23/2026 at 3:44 PM UTC

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