Rutherford Place

Rutherford Place is a condo located 305 2nd Avenue, in Gramercy Park, New York. The building was first built in 1950 and is 74 years old. The lot that the building was built on is 184 feet wide and 165 feet long. The official lot area is listed as 21,432 square feet. The building itself is 184 feet wide and 165 feet long. In total, 305 2nd Avenue has a total floor area of 165,390 square feet. Of that, 131,232 square feet are used for residential purposes. About 34,158 square feet of the building are used for commercial purposes. There are a total of 161 units. Of those, 127 are residential units. There are 34 commercial units. 305 2nd Avenue has a total of 10 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! Better yet, washer and dryers are allowed in each unit. For those who love to work out, there is a fitness center. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 229 closings on record, of which we have matching data for 101 listings. In the past 3 years, a listing in this building will typically remain on the market for about 128 days Meaning, listings tend to sell at a median of $1,452 price per square foot. The transaction that took the longest to complete was unit 728, listed on Apr 19, 2016 for $1,720,000. This particular unit ultimately sold 365 days later for $1,540,000. The most recent transaction was for unit 727, which was first advertised on Sep 19, 2023, sold for $1,545,000 on Jan 05, 2024. Fun fact, the oldest transaction we have on record took place on Jul 20, 1984. See the full transaction history for Rutherford Place below.

Gramercy Park, where 305 2nd Avenue is located, has a median asking price of $2,000,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,662,500. For interested buyers, that means the building's median asking price is around 0.17% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 6 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $2,995,000. It is a 1,887 sqft 2 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $1,385,000. It is a 990 sqft 1 bedroom and 1 bathroom unit. A breakdown of active listings shows no studio, 2 one-bedroom, 4 two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $2,125,000. Collectively, the median square footage of these active units for sale is 1,191 sqft. Active units for sale at 305 2nd Avenue are mostly 2-bedroom apartments Active units for sale at 305 2nd Avenue have a median count of 2 bedrooms and have a median count of 2 bathrooms.