--- title: "305 2nd Avenue #717, New York City, NY 10003" description: "305 2nd Avenue #717, New York City, NY 10003 — Gramercy Park, New York City, NY. Listing Price $1,195,000. 1 bed, 1 bath Illustrative Buyer Commission Share of $17,925 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/305-2nd-avenue-717-ny-10003" source: "Real Estate Rebate Team" dateModified: "2026-09-27T17:54:24.124Z" status: "Active" --- # 305 2nd Avenue #717, New York City, NY 10003 Gramercy Park, New York City, NY Courtesy of Douglas Elliman Real Estate Last updated: September 27, 2026, 1:54 PM ## At a Glance - **Listing Price**: $1,195,000 - **Beds**: 1 - **Baths**: 1 - **Common Charges**: $702 / mo - **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**: $1,195,000 - **Illustrative Buyer Commission Share**: -$17,925* - **Illustrative Net Cost**: $1,177,075 *Illustrative Buyer Savings of $17,925 — 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 #717, New York City, NY 10003 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f1d45e2e-0c02-4b60-b12e-37c97170e013.jpg) ![305 2nd Avenue #717, New York City, NY 10003 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b8f07b6f-a1ab-49cf-bde7-0e22ecce58f5.jpg) ![305 2nd Avenue #717, New York City, NY 10003 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/96929fd1-b8f6-455f-abde-bd62d5ca3ca6.jpg) ![305 2nd Avenue #717, New York City, NY 10003 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fafbcb2f-c1cb-47aa-a08b-3c0272c01d54.jpg) ![305 2nd Avenue #717, New York City, NY 10003 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/957991fe-e695-4181-9500-4963d15578ac.jpg) ![305 2nd Avenue #717, New York City, NY 10003 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ec959ca2-26ff-4294-9293-143911e8539a.jpg) ![305 2nd Avenue #717, New York City, NY 10003 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/14443839-4293-4096-af9e-8dc438aecdbe.jpg) ![305 2nd Avenue #717, New York City, NY 10003 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6d39072b-4f9d-4d30-b0c9-af56f0db1342.jpg) ![305 2nd Avenue #717, New York City, NY 10003 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a46f9b7e-b50a-4787-a7c1-181eb8e20df6.jpg) ![305 2nd Avenue #717, New York City, NY 10003 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e190a4a3-1dda-41f8-aaa0-2d8789040cb3.jpg) ## Property Overview Magnificent newly renovated 1 bed duplex apartment in Gramercy at the highly coveted Rutherford Place. This one bed loft features a separate sleeping area upstairs upon entering, and the lower level is spacious with living, dining, bathroom and kitchen. Ceiling height is approximately 17 feet, there are oversized windows, hardwood floors throughout, and a windowed bathroom and kitchen. The kitchen features Poggenpohl cabinetry, Sub Zero, Bosch and Viking appliances, and an abundance of cabinet space. The bathroom is finished with ceramic wall and floor tiles and has a glass enclosed bath/shower. This is a very dramatic apartment in a magnificent full service prewar building. In unit washer/dryer is permitted. Built in 1902, Rutherford Place is a landmark building originally gifted to the city by J.P. Morgan and once served as a major maternity hospital, where nearly 60 percent of Manhattan hospital births took place. The nine-story building, spanning 127 residences, was converted to rentals in the mid-1980s and later to a condominium in 2003. It is listed on the National Register of Historic Places. Known for its distinctive layouts, including duplex and triplex homes, Rutherford Place offers a stunning lobby, 24-hour doorman, live-in resident manager, landscaped and furnished roof deck, laundry rooms on every floor, on-site valet and housekeeping services, bicycle room, and a penthouse fitness center with skyline views over historic Stuyvesant Square Park. Ideally located on Second Avenue between 17th and 18th Streets, Rutherford Place is moments from Union Square transportation, shopping, dining, the East Village, and Stuyvesant Square Park. ## Property Details - **Property Type**: Duplex - **Beds**: 1 - **Baths**: 1 - **Rooms**: 3 - **Stories**: 9 - **Year Built**: 1902 - **Common Charges**: $702 / Monthly - **Listed On**: Sep 27, 2026 - **Days on Market**: 2 Days ### Residence Features - Common On Floor - Washer Hookup - In Unit - Building Roof Deck - High Ceilings - Dishwasher - City ## Estimated Monthly Payment **$6,745 / month**, assuming a 20% down payment ($239,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $6,043 - **Common Charges**: $702 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**: $1,195,000 - **Median sold price**: $1,450,000 - **Difference**: -$255,000 (-17.6%) - **Median $/ft²**: $1,354 - **Comparable sales**: 9 - **Sales from**: May 2023 – October 2025 - **Middle half of those sales**: $1,325,000 – $1,545,000 Based on one-bedroom sales at Rutherford Place. ### How these sales were negotiated - **Sale-to-list price**: 92.4% (7 sales) - **Sold below asking**: 100% (7 sales) - **Typical time to find a buyer**: 106 days (9 sales) - **Typical time to close**: 50 days (9 sales) Based on one-bedroom sales at Rutherford Place 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 February 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) ## About The Building ### Rutherford Place Gramercy Park · Triplex 305 2nd Avenue, New York, NY 10003 A building in Gramercy Park, currently featuring 5 active listings. - **Year Built**: 1903 - **Active Units**: 5 - **Floors**: 9 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/rutherford-place) ### Available Residences — For Sale (7) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [717](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/305-2nd-avenue-717-ny-10003) | 1 | 1 | — | — | $1,195,000 | Douglas Elliman Real Estate | Sep 27, 2026 | 2 days | | [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 | 190 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 | 159 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 | 78 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 | 21 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 | 252 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 | 212 days | ## 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.