305 2ND AVE #513

Condo in Gramercy Park
Active
 for Sale at 305 2nd Avenue, New York, NY 10003

9

 for Sale at 305 2nd Avenue, New York, NY 10003
 for Sale at 305 2nd Avenue, New York, NY 10003
 for Sale at 305 2nd Avenue, New York, NY 10003
$1,695,000
1
Bed
1
Bath
Half Bath
1,200
Ft²
$1,413
$/ft²
Acres
Cap Rate
Est. Monthly
Cap Rate
0.93%
Est. Monthly
$11,135
Massive 1,200 SF, 1 Bed + Home Office Condo with soaring 16 ft ceilings available at Rutherford Place. This spacious duplex home offers three exposures with open sky, park, and One World Trade Center views!

Upon entry, one is greeted by a foyer with a large coat closet. Just beyond the foyer is an open, lofted home office that could also be used as a den or even a guest sleeping area. The home office also has a large closet en suite.

After making the way down the steps, one enters an extremely spacious great room with nearly 16 ft ceilings and oversized windows. The great room offers plenty of space for multiple sitting areas in addition to...

LISTING AGENT

Ben HaymesBROWN HARRIS STEVENS RESIDENTIAL SALES LLC[email protected]

Building Features

Laundry

Washer / Dryer Allowed

Ownership & Occupancy

Pied-à-Terre AllowedSublets Allowed

Building Style

Prewar

Services

DoormanConcierge

Community Features

Facilities

Health Club

Home Features

Laundry

Washer / Dryer in UnitWasher / Dryer Allowed in Unit

Exposure

North ExposureSouth Exposure

Price History

Date/EventEventPrice
Jan 29, 2023 Listed by Brown Harris Stevens Residential Sales LLCListed by Brown Harris Stevens Residential Sales LLC$1,695,000
Sep 26, 2018 No longer availableNo longer available-
Sep 21, 2018 SoldSold$1,560,000
Jul 6, 2018 In contractIn contract-
Jun 15, 2018 Price DecreasedPrice Decreased$1,645,000 $50K (2.9%)
Apr 10, 2018 Listed by EllimanListed by Elliman$1,695,000
Nov 16, 2006 SoldSold$1,293,180

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$49,500
ExpensesPer Year
$33,744
Operating ProfitPer Year
$15,756
Cap rate
0.93%

Price Estimate

$1,972,000$1,720,142$1,468,285
20232024202520262027
Current Asking Price

$1,695,000

HopScore Market Price

$1,720,142

The current asking price is $25,142.45 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Sold
Condo
1
2
1,181 ft²
$1,268/ft²
$1,498,000
$2,209/mo
Sold
Condo
2
2
1,244 ft²
$1,206/ft²
$1,500,000
$2,361/mo
Sold
Condo
2
2
1,300 ft²
$1,327/ft²
$1,725,000
$2,695/mo
Sold
Condo
2
2
1,126 ft²
$1,465/ft²
$1,650,000
$2,098/mo
Sold
Condo
2
2
1,166 ft²
$1,441/ft²
$1,680,000
$2,834/mo

Payment Calculator


Building Info

Rutherford Place305 2nd Avenue, New York, NY 10003
  • 161 Units
  • 3 Units for Sale
More about this Building
305 2nd Avenue
Want to find out who owns 305 2nd Avenue, New York, NY 10003? Get detailed property transactions here .

Neighborhood

About Gramercy Park

Stats & Trends

The median asking price in Gramercy Park is $1,250,000.
  • Median Asking

    $1,250,000
  • Sale Price/ft²

    $1,588.38
  • Above Asking

    0.22%
  • Days on Market

    120

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Sales History

UnitBedsBathsft²Asking
Common Charges
Listed
Listing Status
Closed
Days on Market
Closing
Above/Below Asking
Buyer(s)
2
2
1,180
$2,000,000
-/mo
Mar 27, 2023
Active
-
-
-
-
2
1
1,081
$1,695,000
-/mo
Mar 24, 2023
Active
-
-
-
-
Loft
-
$1,400,000
-/mo
Feb 20, 2023
Active
-
-
-
-
1
1
1,200
$1,695,000
-/mo
Jan 29, 2023
Active
-
-
-
-
2
2
1,172
$1,995,000
-/mo
Jan 22, 2023
In Contract
-
-
-
-
-
1
1
1,108
$1,500,000
-/mo
Jan 16, 2023
In Contract
-
-
-
-
-
1
1
-
$1,395,000
-/mo
Nov 28, 2022
Active
-
-
-
-
2
2
1,600
$2,000,000
-/mo
Oct 25, 2022
Sold
Feb 22, 2023
120 days
$2,000,000
-
-
2
2
1,887
$3,400,000
-/mo
Sep 30, 2022
Active
-
-
-
-
2
1
1,109
$1,695,000
-/mo
Aug 2, 2022
Withdrawn
-
-
-
-
-

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Unit #513, 305 2nd Avenue, New York, NY 10003


Frequently Asked Questions

What is the median home price in Midtown Manhattan?
The median home price in Midtown Manhattan is $1,650,000, or $1,712/sqft. When you buy a home in Midtown Manhattan, you can expect to pay between $821,250 to $3,495,000. These figures may differ depending on the location, type, and size of the property.
What is the median home price for a Studio in Midtown Manhattan?
The median home price for a studio in Midtown Manhattan is $549,000, or $1,246/sqft.
What is the median home price for a One-Bedroom in Midtown Manhattan?
The median home price for a one-bedroom home in Midtown Manhattan is $895,000, or $1,438/sqft.
What is the median home price for a Two-Bedroom in Midtown Manhattan?
The median home price for a two-bedroom home in Midtown Manhattan is $2,250,000, or $1,746/sqft.
What is the median home price for a Three-Bedroom in Midtown Manhattan?
The median home price for a three-bedroom home in Midtown Manhattan is $4,395,000, or $2,087/sqft.
What is the median home price for a Four+ Bedroom in Midtown Manhattan?
The median home price for a four+ bedroom home in Midtown Manhattan is $8,492,500, or $2,500/sqft.
What is the breakdown of listings by bedroom count in Midtown Manhattan?
There are currently 2,402 available properties for sale in Midtown Manhattan. Of those, 12.61% are studio listings, 30.85% are one-bedroom listings, 32.14% are two-bedroom listings, 15.65% are three-bedroom listings, and 8.74% are four+ bedroom listings.
What is the breakdown of listings by property type in Midtown Manhattan?
There are currently 1,407 condos, 4 houses, 34 townhouses, and 24 multifamilies located in Midtown Manhattan. Our inventory of available listings is constantly being updated so be sure to check back frequently.
What is the least expensive property sold in the past 12 months in Midtown Manhattan?
The least expensive property sold in Midtown Manhattan for $12,000.
Now, what is the most expensive property sold in the past 12 months in Midtown Manhattan?
The most expensive property sold in Midtown Manhattan for $90,000,000.
How long on average are properties in Midtown Manhattan on the market?
Based on our collected data, properties in Midtown Manhattan are on the market for a median time of 121 days.

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