---
title: "305 2nd Avenue #542, New York City, NY 10003"
description: "305 2nd Avenue #542, New York City, NY 10003 — Townhouse in Gramercy Park, Manhattan, NY. Listing Price $2,750,000. In contract 6/15/2026. 3 bed, 3 bath, 2,048 sqft Illustrative Buyer Commission Share of $41,250 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/305-2nd-avenue-542-ny-10003"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 305 2nd Avenue #542, New York City, NY 10003

Townhouse in Gramercy Park, Manhattan, NY

Courtesy of Brown Harris Stevens Residential Sales LLC

## At a Glance

- **Listing Price**: $2,750,000
- **Status**: In contract 6/15/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 3
- **Baths**: 3
- **Sqft**: 2,048
- **Common Charges**: $1,974 / mo
- **Price per Sqft**: $1,343
- **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**: $2,750,000
- **Illustrative Buyer Commission Share**: -$41,250*
- **Illustrative Net Cost**: $2,708,750

*Illustrative Buyer Savings of $41,250 — 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 (10)

![305 2nd Avenue #542, New York City, NY 10003 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0887e29c-be89-44df-b044-a3bd9a49c62f.jpg)
![305 2nd Avenue #542, New York City, NY 10003 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/94276f9d-ff57-4942-99c1-94c86f4fc10c.jpg)
![305 2nd Avenue #542, New York City, NY 10003 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/88c6a557-7d8d-42a3-9d36-79dc65162bfa.jpg)
![305 2nd Avenue #542, New York City, NY 10003 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0072b92d-37ba-4ecd-b8d0-2d73ddcc526e.jpg)
![305 2nd Avenue #542, New York City, NY 10003 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b1b4beb2-681a-4716-bba4-546db9960354.jpg)
![305 2nd Avenue #542, New York City, NY 10003 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/548bdc5e-fa41-439b-8f17-521efa268dc3.jpg)
![305 2nd Avenue #542, New York City, NY 10003 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a784d112-2b5a-44c0-a3d4-a32ff9bf881b.jpg)
![305 2nd Avenue #542, New York City, NY 10003 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e751a917-daff-4be2-9008-3ebeddf4c736.jpg)
![305 2nd Avenue #542, New York City, NY 10003 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/301a946b-ea1d-48d4-b4dc-e763d29e5bcd.jpg)
![305 2nd Avenue #542, New York City, NY 10003 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/57a3f1bc-b433-40f4-9af3-0f97f9623507.jpg)

## Property Overview

Perfectly perched above the treetops of Stuyvesant Square Park sits Residence 542, one of the premier homes found within the storied Rutherford Place Condominium.

 This 2,042 sq ft 3 bed/3 bath pre-war condo features direct park and World Trade Center views experienced through the oversized south-facing living room windows. Scale and volume are in abundance with ceilings soaring over 16 ft.

 The open chef's kitchen boasts a Sub-zero refrigerator, Viking range, Bosch dishwasher, wine refrigerator, and Poggenpohl cabinetry. The marble countertops extend out onto the breakfast bar which comfortably seats 4-5 bar stools.

 Each floor of this triplex home has it's own generously-scaled bedroom and bathroom, creating a sense of townhouse living within a full-service building.

 The primary suite level features a large open loft which is perfect for a home office, den, or kid's play area. Just beyond the loft space is the private, king-size suite boasting a renovated marble bathroom and large walk-in closet.

 This home is truly one of the most special and coveted residences within this historic pre-war condominium building.

 There is a Bosch washer and dryer in unit and solid oak hardwood floors throughout the home.

 Rutherford Place is Gramercy's premier full-service pre-war condominium. The building amenities include a 24 hour attended front desk, laundry room on every floor, valet service, furnished/landscaped rooftop sun deck, rooftop gym, and bike room. The building is conveniently located in Gramercy and the immediate area features some of NYC's best dining and shopping.

## Property Details

- **Property Type**: Triplex
- **Beds**: 3
- **Baths**: 3
- **Rooms**: 6
- **Sqft**: 2,048 sqft
- **Stories**: 10
- **Year Built**: 1902
- **Price per Sqft**: $1,343
- **Common Charges**: $1,974 / Monthly
- **Listed On**: Mar 1, 2026
- **Days on Market**: 201 Days

### Residence Features

- Common On Floor
- In Unit
- Building Roof Deck
- Private Outdoor Space Over 60 Sqft
- Washer Dryer Allowed
- City
- Park/Greenbelt

## Estimated Monthly Payment

**$15,879 / month**, assuming a 20% down payment ($550,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $13,905
- **Common Charges**: $1,974

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

## Sales and market data

### Recent sales

24 apartments at Rutherford Place have recorded sales since September 2021, the most recent for $885,000 in February 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 1F (Apartment) | 1 | — | $885,000 | — | February 27, 2026 | City record · MLS |
| 527 (Apartment) | 2 | 1,022 | $2,100,000 | $2,055/ft² | December 29, 2025 | City record |
| 2F (Apartment) | 1 | — | $1,135,000 | — | December 16, 2025 | City record · MLS |
| 516 (Apartment) | 1 | 1,170 | $1,360,000 | $1,162/ft² | October 31, 2025 | City record · MLS |
| 325 (Apartment) | 2 | 1,529 | $1,900,000 | $1,243/ft² | September 23, 2025 | City record · MLS |
| 530 (Duplex) | 2 | 1,081 | $1,360,000 | $1,258/ft² | September 17, 2025 | City record · MLS |
| 721 (Duplex) | 2 | 1,054 | $1,500,000 | $1,423/ft² | July 17, 2025 | City record · MLS |
| 719 (Duplex) | 1 | 1,088 | $1,525,000 | $1,402/ft² | May 13, 2025 | City record · MLS |
| 522 (Triplex) | 1 | 1,327 | $1,665,000 | $1,255/ft² | October 22, 2024 | City record · MLS |
| 718 (Duplex) | 1 | 990 | $1,317,500 | $1,331/ft² | August 13, 2024 | City record · MLS |
| 517 (Triplex) | 2 | 1,071 | $1,590,000 | $1,485/ft² | March 8, 2024 | City record · MLS |
| 727 (Apartment) | 1 | 917 | $1,545,000 | $1,685/ft² | January 5, 2024 | City record · MLS |
| 701 (Duplex) | 2 | 1,258 | $1,875,000 | $1,490/ft² | October 2, 2023 | City record · MLS |
| 533 (Apartment) | 2 | 1,146 | $1,675,000 | $1,462/ft² | September 29, 2023 | City record |
| 332 (Triplex) | 1 | 949 | $1,325,000 | $1,396/ft² | September 26, 2023 | City record · MLS |
| 539 (Duplex) | 1 | 897 | $1,315,000 | $1,466/ft² | June 27, 2023 | City record · MLS |
| 513 (Apartment) | 1 | 1,200 | $1,625,000 | $1,354/ft² | June 26, 2023 | City record · MLS |
| 311 (Apartment) | 1 | 1,108 | $1,450,000 | $1,309/ft² | May 24, 2023 | City record · MLS |
| 325 (Apartment) | 2 | 1,172 | $1,940,000 | $1,655/ft² | April 28, 2023 | City record · MLS |
| 515 (Apartment) | — | 1,424 | $2,125,000 | $1,492/ft² | February 22, 2023 | City record |
| 327 (Apartment) | Studio | 611 | $829,000 | $1,357/ft² | June 22, 2022 | City record · MLS |
| 302 (Apartment) | — | 1,176 | $1,405,000 | $1,195/ft² | June 21, 2022 | City record |
| 716 (Apartment) | 2 | 1,625 | $1,930,000 | $1,188/ft² | May 31, 2022 | City record |
| 345 (Apartment) | 2 | 1,308 | $1,775,000 | $1,357/ft² | February 10, 2022 | City record · MLS |

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

- **This home**: $2,750,000
- **Median sold price**: $4,391,023
- **Difference**: -$1,641,023 (-37.4%)
- **This home, $/ft²**: $1,343
- **Median $/ft²**: $2,283
- **Comparable sales**: 16
- **Sales from**: November 2024 – June 2026
- **Middle half of those sales**: $3,381,250 – $5,341,031

Based on condo three-bedroom sales in Gramercy Park.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Gramercy Park instead.

### How these sales were negotiated

- **Sale-to-list price**: 96.9% (14 sales)
- **Sold below asking**: 64% (14 sales)
- **Typical time to find a buyer**: 58 days (15 sales)
- **Typical time to close**: 45 days (15 sales)

Based on condo three-bedroom sales in Gramercy Park with the required listing and closing data. Sample sizes vary by metric.

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.

### Price trend

Median price per square foot, sales at Rutherford Place

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2017 | $1,904/ft² | 6 |
| 2018 | $1,503/ft² | 9 |
| 2019 | $1,606/ft² | 4 (thin) |
| 2020 | $1,539/ft² | 4 (thin) |
| 2021 | $1,607/ft² | 6 |
| 2022 | $1,195/ft² | 3 (thin) |
| 2023 | $1,464/ft² | 8 |
| 2024 | $1,408/ft² | 4 (thin) |
| 2025 | $1,258/ft² | 5 |

Based on recorded sales at Rutherford Place.

Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning.

Sales data through June 2026.

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 Rutherford Place](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/rutherford-place)

## Price and Property History for 305 2ND Avenue, Unit 542

Review the recorded listing activity for 305 2ND Avenue, Unit 542, including asking-price changes and prior market dates.

- **Entered contract**: June 15, 2026
- **Last sold (recorded)**: $3,075,000 on June 16, 2020

| Date | Price | Listing event |
| --- | --- | --- |
| June 15, 2026 | $2,750,000 | Entered contract |
| May 21, 2026 | $2,750,000 | Returned to the market |
| March 1, 2026 | $2,750,000 | Listed for sale by Brown Harris Stevens Residential Sales LLC |
| June 16, 2020 | $3,075,000 | Sold — recorded sale price |
| March 17, 2020 | $3,075,000 | Entered contract |
| November 6, 2018 | $3,075,000 | Listed for sale by Compass |

## Property Tax History

Taxes at 305 2nd Avenue #542 were $45,017 in 2026, up 1.7% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $385,382 | $33,108 | $352,274 | $360,132 | $45,017 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $412,256 | $33,108 | $379,148 | $353,965 | $44,246 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $387,767 | $33,108 | $354,659 | $345,697 | $43,212 | 12.5% |
| 2023 (FY 2023/24) | $396,838 | $33,108 | $363,730 | $352,620 | $44,085 | 12.502% |
| 2022 (FY 2022/23) | $391,617 | $33,108 | $358,509 | $353,852 | $43,407 | 12.267% |
| 2021 (FY 2021/22) | $383,212 | $33,108 | $350,104 | $377,191 | $46,149 | 12.235% |
| 2020 (FY 2020/21) | $424,444 | $33,108 | $391,336 | $365,046 | $44,780 | 12.267% |
| 2019 (FY 2019/20) | $414,904 | $33,108 | $381,796 | $352,746 | $43,998 | 12.473% |
| 2018 (FY 2018/19) | $373,457 | $33,108 | $340,349 | $326,721 | $41,206 | 12.612% |
| 2017 (FY 2017/18) | $368,539 | $33,108 | $335,431 | $312,205 | $39,709 | 12.719% |
| 2016 (FY 2016/17) | $339,084 | $33,107 | $305,977 | $286,606 | $36,949 | 12.892% |
| 2015 (FY 2015/16) | $318,721 | $33,108 | $285,613 | $269,860 | $34,766 | 12.883% |
| 2014 (FY 2014/15) | $306,219 | $33,108 | $273,111 | $240,919 | $30,970 | 12.855% |
| 2013 (FY 2013/14) | $282,442 | $33,108 | $249,334 | $214,342 | $28,175 | 13.145% |
| 2012 (FY 2012/13) | $264,497 | $33,108 | $231,389 | $207,624 | $27,367 | 13.181% |
| 2011 (FY 2011/12) | $256,320 | $33,108 | $223,212 | $183,615 | $24,665 | 13.433% |
| 2010 (FY 2010/11) | $174,010 | $33,108 | $140,902 | $159,745 | $21,331 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 1008981123. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

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

## About The Building

### Rutherford Place

Gramercy Park · Condominium

305 2nd Avenue, New York, NY 10003

A building in Gramercy Park, currently featuring 4 active listings.

- **Year Built**: 1899
- **Active Units**: 4
- **Floors**: 10

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

### Available Residences — For Sale (6)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [328](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/305-2nd-avenue-328-ny-10003) | 2 | 2 | 1,180 sqft | $1,525 | $1,800,000 | Sothebys International Realty | Mar 23, 2026 | 178 days |
| [518](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/305-2nd-avenue-518-ny-10003) | 1 | 1 | 897 sqft | $1,338 | $1,200,000 (-4.0%) | Compass | Apr 23, 2026 | 147 days |
| [312](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/305-2nd-avenue-312-ny-10003) | 1 | 2 | 1,206 sqft | $1,368 | $1,650,000 | Bond New York Properties LLC | Jul 13, 2026 | 66 days |
| [709](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/305-2nd-avenue-709-ny-10003) | 1 | 1 | 823 sqft | $1,640 | $1,350,000 | Compass | Sep 8, 2026 | 9 days |
| [542](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/305-2nd-avenue-542-ny-10003) | 3 | 3 | 2,048 sqft | $1,343 | $2,750,000 — In contract | Brown Harris Stevens Residential Sales LLC | Mar 1, 2026 | 200 days |
| [310](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/305-2nd-avenue-310-ny-10003) | 1 | 1 | 980 sqft | $1,265 | $1,240,000 (-5.3%) — In contract | Berkshire Hathaway HomeServices New York Properties | Jan 20, 2026 | 240 days |

## Potential NYC Second-Home Tax

This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price.

[Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator)

## 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

- [Rutherford Place — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/rutherford-place)
- [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.