---
title: "205 3rd Avenue #17L, New York City, NY 10003"
description: "205 3rd Avenue #17L, New York City, NY 10003 — Gramercy Park, New York City, NY. Listing Price $599,000. In contract 7/9/2026. 1 bed, 1 bath, 525 sqft Illustrative Buyer Commission Share of $8,985 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/205-3rd-avenue-l-17L-ny-10003"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 205 3rd Avenue #17L, New York City, NY 10003

Gramercy Park, New York City, NY

**New Development · Sponsor Residence**

Courtesy of Douglas Elliman Real Estate

## At a Glance

- **Listing Price**: $599,000
- **Status**: In contract 7/9/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 1
- **Baths**: 1
- **Sqft**: 525
- **Common Charges**: $1,223 / mo
- **Price per Sqft**: $1,141
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $599,000
- **Illustrative Buyer Commission Share**: -$8,985*
- **Illustrative Net Cost**: $590,015

*Illustrative Buyer Savings of $8,985 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (9)

![205 3rd Avenue #17L, New York City, NY 10003 — photo 1 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1e3f26df-24eb-438c-b111-d7d8b8452b8b.jpg)
![205 3rd Avenue #17L, New York City, NY 10003 — photo 2 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a401f462-2802-4259-b322-c6580c6f2a77.jpg)
![205 3rd Avenue #17L, New York City, NY 10003 — photo 3 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bcfbd2b0-4327-43fd-8ce7-c847b6f31e7b.jpg)
![205 3rd Avenue #17L, New York City, NY 10003 — photo 4 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/65568894-39ed-412a-80b5-2ac75f9c4986.jpg)
![205 3rd Avenue #17L, New York City, NY 10003 — photo 5 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b72d0a04-de72-4f02-a72c-12dad8a56d33.jpg)
![205 3rd Avenue #17L, New York City, NY 10003 — photo 6 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bff1ecdf-8e4b-4148-87c1-693ae1c7ca4d.jpg)
![205 3rd Avenue #17L, New York City, NY 10003 — photo 7 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6d27c056-40b1-4b55-990a-caecef2c5f4a.jpg)
![205 3rd Avenue #17L, New York City, NY 10003 — photo 8 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/52507b98-ee89-47f5-885d-4c41855af4d4.jpg)
![205 3rd Avenue #17L, New York City, NY 10003 — photo 9 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/65815634-cb68-4d22-9e6a-ead6b57120d0.jpg)

## Property Overview

Incredible sun-lit high-floor renovated one bedroom with Empire State Building views.

 Welcome home to 205 Third Avenue, Apartment 17L - a beautifully newly renovated residence with a smart, flexible layout in the highly sought-after Gramercy Park Towers.

 Perfectly positioned just four blocks from Union Square, this home sits in the heart of Gramercy. Oversized windows flood the space with natural light while framing iconic Empire State Building views. The expansive living room is complemented by custom walnut-framed, frosted glass sliding doors, creating a seamless separation between living and sleeping areas and offering the functionality of a true one-bedroom.

 A gracious entry foyer leads to a walk-in closet and a fully renovated kitchen, thoughtfully designed with Brazilian quartzite countertops, a custom glass tile backsplash, and a full suite of stainless steel appliances including a five-burner stove, full-size dishwasher, microwave, and refrigerator. The kitchen blends both style and functionality.

 The home's intelligent layout continues through a custom-built chestnut wood closet system with oil-rubbed bronze hardware and a built-in hamper, leading to a sleek, renovated bathroom featuring a floating vanity, custom banjo countertop, and a frosted glass bath divider.

 The oversized living area easily accommodates both dining and lounging, while the separate sleeping area offers exceptional space, including a dedicated nook. Custom Lutron window shades complete the home, allowing for effortless control of light and privacy at the touch of a button.

 Gramercy Park Towers is a full-service, 24-hour doorman condominium offering a concierge, landscaped roof deck, fully equipped fitness center, tranquil Zen garden, bike room, and on-site garage.

 Surrounded by Gramercy's best restaurants, shopping, and convenient access to the 4/5/6, N/Q/R, and L trains, this is a rare opportunity to own a turn-key home in one of Manhattan's most desirable neighborhoods.

## Property Details

- **Property Type**: Co-op
- **Beds**: 1
- **Baths**: 1
- **Rooms**: 3
- **Sqft**: 525 sqft
- **Stories**: 20
- **Year Built**: 1964
- **Price per Sqft**: $1,141
- **Common Charges**: $1,223 / Monthly
- **Listed On**: Mar 19, 2026
- **Days on Market**: 172 Days

### Residence Features

- Central Air
- Building Other
- Building Roof Deck
- Private Outdoor Space Under 60 Sqft
- Bridge(s)
- City
- Park/Greenbelt
- Panoramic

## Buying in a new development?

Before you visit the sales gallery, understand the broker registration rule. In many buildings the sponsor will only compensate a buyer’s broker who accompanied you on your first visit or registered you in writing beforehand. The sales team you meet at the door works for the developer, and once you have toured on your own that introduction is very hard to undo.

[Why You Need Your Own Broker Before Your First Visit](https://realestaterebatesnewyork.com/guides/new-development-buyer-broker-nyc)

## Sales Evidence

### Recent closed sales

85 apartments at GRAMERCY PARK TOWER have recorded sales since September 2021, the most recent for $1,850,000 in July 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [20B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/205-3rd-avenue-b-20B-ny-10003) (Apartment) | 3 | 1,550 | $1,850,000 | $1,194/ft² | July 30, 2026 | MLS |
| [5V](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/205-3rd-avenue-v-5V-ny-10003) (Apartment) | 1 | 600 | $680,000 | $1,133/ft² | July 9, 2026 | MLS |
| 4R (Apartment) | 1 | — | $667,500 | — | July 1, 2026 | MLS |
| 16N (Apartment) | 1 | — | $985,000 | — | June 29, 2026 | MLS |
| 12P (Apartment) | Studio | — | $645,000 | — | May 7, 2026 | City record · MLS |
| 4A (Apartment) | Studio | 650 | $539,000 | $829/ft² | April 8, 2026 | City record · MLS |
| 11F (Apartment) | 1 | — | $675,000 | — | February 24, 2026 | City record · MLS |
| 8K (Apartment) | 1 | 800 | $970,000 | $1,213/ft² | January 28, 2026 | City record · MLS |
| 2V (Apartment) | Studio | — | $550,000 | — | January 12, 2026 | MLS |
| 11T (Apartment) | 2 | — | $999,000 | — | December 3, 2025 | City record · MLS |
| 17D (Apartment) | Studio | — | $480,000 | — | October 29, 2025 | City record · MLS |
| 15R (Apartment) | 1 | — | $830,000 | — | August 27, 2025 | MLS |
| 10003 (Apartment) | — | — | $850,000 | — | August 27, 2025 | City record |
| 5B (Apartment) | Studio | 500 | $499,900 | $1,000/ft² | August 11, 2025 | City record · MLS |
| 21H (Apartment) | 2 | 1,530 | $2,200,000 | $1,438/ft² | August 4, 2025 | City record · MLS |
| 9V (Apartment) | — | — | $522,500 | — | July 24, 2025 | City record |
| 15F (Apartment) | 1 | 630 | $678,900 | $1,078/ft² | July 22, 2025 | City record · MLS |
| 2R (Apartment) | Studio | — | $555,000 | — | May 15, 2025 | City record · MLS |
| 8L (Apartment) | 1 | — | $1,070,000 | — | April 14, 2025 | City record · MLS |
| 10M (Apartment) | — | — | $475,000 | — | March 10, 2025 | City record |
| 8P (Apartment) | 1 | 548 | $630,000 | $1,150/ft² | March 4, 2025 | City record · MLS |
| 4W (Apartment) | 1 | 900 | $1,050,000 | $1,167/ft² | February 19, 2025 | City record · MLS |
| 3U (Apartment) | 1 | — | $675,000 | — | February 10, 2025 | City record · MLS |
| 15N (Apartment) | 1 | 900 | $875,000 | $972/ft² | January 8, 2025 | City record · MLS |
| 3B (Apartment) | Studio | — | $580,000 | — | January 8, 2025 | City record · MLS |
| 4B (Apartment) | 1 | 660 | $612,500 | $928/ft² | November 25, 2024 | City record · MLS |
| 18N (Apartment) | 1 | — | $1,220,000 | — | October 28, 2024 | City record · MLS |
| 6J (Apartment) | 1 | — | $657,500 | — | August 13, 2024 | City record · MLS |
| 17F (Apartment) | 1 | 630 | $725,000 | $1,151/ft² | July 16, 2024 | City record · MLS |
| 17J (Apartment) | — | — | $477,000 | — | March 8, 2024 | City record |
| 16LM (Apartment) | — | — | $2,375,000 | — | December 12, 2023 | City record |
| 6C (Apartment) | 1 | 1,000 | $960,000 | $960/ft² | November 14, 2023 | City record · MLS |
| 10K (Apartment) | 1 | — | $1,100,000 | — | November 13, 2023 | City record · MLS |
| 10F (Apartment) | — | — | $570,000 | — | October 30, 2023 | City record |
| 7R (Apartment) | 1 | — | $685,000 | — | October 27, 2023 | City record · MLS |
| 10R (Apartment) | 1 | 667 | $695,000 | $1,042/ft² | September 28, 2023 | City record · MLS |
| 19C (Apartment) | 1 | 825 | $1,350,000 | $1,636/ft² | September 18, 2023 | City record · MLS |
| 5-F (Apartment) | 1 | — | $675,000 | — | September 12, 2023 | City record · MLS |
| 4J (Apartment) | 1 | 670 | $715,000 | $1,067/ft² | August 10, 2023 | City record · MLS |
| 5N (Apartment) | 2 | — | $1,675,000 | — | August 10, 2023 | City record · MLS |

Showing the 40 most recent of 85 recorded sales in this period.

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

The median closed price for comparable one-bedroom sales at GRAMERCY PARK TOWER is $755,000, based on 4 sales between August 2025 and July 2026. This home is asking $599,000, $156,000 below that median. The middle half of those sales closed between $676,875 and $868,750.

- **Median closed price**: $755,000
- **Middle half**: $676,875 – $868,750
- **Based on**: 4 one-bedroom sales at GRAMERCY PARK TOWER
- **Period**: August 2025 – July 2026

Square footage is recorded for only 1 of these 4 sales (25%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest.

Across the 4 of these sales with a published asking price, the median closed at 96.9% of what it originally asked. 100% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 96.9% of the original ask
- **Closed below ask**: 100% of 4 sales
- **Listed → in contract**: 53 days (about 8 weeks)
- **In contract → closed**: 97 days (about 14 weeks)

Across the 4 of these sales with a published asking price, the median closed at 96.9% of what it originally asked. 100% of them closed below the original ask.

Half of these homes were in contract within 53 days (about 8 weeks) of coming to market, based on the 4 with a recorded listing date.

Once a deal was agreed, closing took a further 97 days (about 14 weeks), based on the 4 with both dates recorded.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 4 one-bedroom sales at GRAMERCY PARK TOWER, August 2025 – July 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median sold price for co-op one-bedroom sales in Gramercy Park, 2016 to 2026. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth.

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2016 | $833,000 | 16 |
| 2017 | $818,000 | 55 |
| 2018 | $787,000 | 51 |
| 2019 | $807,500 | 54 |
| 2020 | $742,250 | 52 |
| 2021 | $812,500 | 98 |
| 2022 | $812,500 | 80 |
| 2023 | $779,000 | 76 |
| 2024 | $765,000 | 65 |
| 2025 | $805,000 | 82 |
| 2026 | $850,000 | 41 |

This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Gramercy Park instead.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at GRAMERCY PARK TOWER](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/gramercy-park-tower)

## Price and Property History for 205 3RD Avenue, Unit 17L

Review the recorded listing activity for 205 3RD Avenue, Unit 17L, including asking-price changes and prior market dates.

- **Entered contract**: July 9, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| July 9, 2026 | $599,000 | Entered contract |
| March 19, 2026 | $599,000 | Listed for sale by Douglas Elliman Real Estate |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 326 apartments. The corporation’s 2026 property tax bill was $5,315,161 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.

[See the full property tax history for GRAMERCY PARK TOWER](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/gramercy-park-tower)

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### GRAMERCY PARK TOWER

Gramercy Park · Stock Cooperative

205 3rd Avenue, New York, NY 10003

A building in Gramercy Park, currently featuring 6 active listings.

- **Year Built**: 1964
- **Total Units**: 6
- **Floors**: 20

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/gramercy-park-tower)

### Available Residences — For Sale (6)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [17L](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10003/205-3rd-avenue-l-17L-ny-10003) | 1 | 1 | 525 sqft | $1,141 | $599,000 — In contract | Douglas Elliman Real Estate | Mar 19, 2026 | 172 days |
| [15A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/205-3rd-avenue-a-15A-ny-10003) | 1 | 1 | — | — | $599,000 (-7.8%) | Corcoran Group | Jun 15, 2026 | 84 days |
| [5V](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/205-3rd-avenue-v-5V-ny-10003) | 1 | 1 | 600 sqft | $1,133 | $680,000 | Corcoran Group | Jan 21, 2026 | 229 days |
| [20B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/205-3rd-avenue-b-20B-ny-10003) | 3 | 2 | 1,550 sqft | $1,194 | $1,850,000 (-2.6%) | Corcoran Group | Apr 8, 2026 | 152 days |
| [20C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/205-3rd-avenue-20c-ny-10003) | 1 | 1 | — | — | $950,000 — In contract | Corcoran Group | Jun 9, 2026 | 90 days |
| [7G](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/205-3rd-avenue-g-7G-ny-10003) | Studio | 1 | — | — | $595,000 (+1.7%) — In contract | Corcoran Group | Jul 14, 2026 | 55 days |

## Estimated Monthly Payment

**$4,252 / month**, assuming a 20% down payment ($119,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $3,029
- **Common Charges**: $1,223

Estimates only. Actual payments may vary. Confirm terms with your lender.

## This is a new development purchase

Buying from a sponsor carries closing costs a resale does not. The New York City and New York State transfer taxes are the seller’s in a resale and are passed to the purchaser in most offering plans, and the sponsor’s attorney fee and any working capital contribution sit on top of that. Together they commonly add 2% or more of the purchase price.

- [Estimate these costs](https://realestaterebatesnewyork.com/calculators/new-development-closing-cost-calculator)
- [What sponsor buyers pay](https://realestaterebatesnewyork.com/new-development-closing-costs-nyc)
- [More new developments](https://realestaterebatesnewyork.com/new-developments)

## Gramercy Park

Private, Exclusive, and Historic

[Explore Gramercy Park](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy-park) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Gramercy Park

- [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district)
- [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town)
- [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay)
- [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village)
- [East Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-village)
- [NoHo real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/noho)

## Related Links

- [GRAMERCY PARK TOWER — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/gramercy-park-tower)
- [Gramercy Park neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy-park)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.