--- title: "385 1st Avenue #11D, New York City, NY 10010" description: "385 1st Avenue #11D, New York City, NY 10010 — Gramercy Park, New York City, NY. Listing Price $975,000. 1 bed, 1 bath, 657 sqft Illustrative Buyer Commission Share of $14,625 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/385-1st-avenue-11d-ny-10010" source: "Real Estate Rebate Team" status: "Active" --- # 385 1st Avenue #11D, New York City, NY 10010 Gramercy Park, New York City, NY Courtesy of Corcoran Group ## At a Glance - **Listing Price**: $975,000 - **Beds**: 1 - **Baths**: 1 - **Sqft**: 657 - **Common Charges**: $920 / mo - **Price per Sqft**: $1,484 - **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**: $975,000 - **Illustrative Buyer Commission Share**: -$14,625* - **Illustrative Net Cost**: $960,375 *Illustrative Buyer Savings of $14,625 — 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) ![385 1st Avenue #11D, New York City, NY 10010 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7a864386-b213-44fc-adc4-2213060df1c2.jpg) ![385 1st Avenue #11D, New York City, NY 10010 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/722aa9ec-7a6c-47a1-a307-4a4c3119ee5c.jpg) ![385 1st Avenue #11D, New York City, NY 10010 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1c75bbca-ee69-46a8-a515-dd219e1973d8.jpg) ![385 1st Avenue #11D, New York City, NY 10010 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/14da8490-2019-4e91-88af-fa7198355b2e.jpg) ![385 1st Avenue #11D, New York City, NY 10010 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e64cf591-a3a8-49e9-9acd-0fb1bdbb6c2c.jpg) ![385 1st Avenue #11D, New York City, NY 10010 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2b830d1a-05e5-4077-88af-f47cb797d245.jpg) ![385 1st Avenue #11D, New York City, NY 10010 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/191b2bb9-6160-4480-9c08-dbb0756ed554.jpg) ![385 1st Avenue #11D, New York City, NY 10010 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/81edee72-bdcd-4506-948d-0650b24e9903.jpg) ![385 1st Avenue #11D, New York City, NY 10010 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a547cd2e-48a3-4c2c-9c7d-345ff7b8552a.jpg) ![385 1st Avenue #11D, New York City, NY 10010 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/aa92292b-7e8c-4850-9545-62fbd9f01c22.jpg) ## Property Overview Residence 11D at CODA presents a compelling opportunity to acquire a beautifully appointed one-bedroom condominium with immediate income in place. The residence is currently occupied by a tenant paying $4,800 per month, offering investors a seamless, income-producing acquisition in one of Downtown Manhattan's most desirable full-service buildings. Floor-to-ceiling windows fill the home with natural light and create an airy backdrop for the spacious living and dining area. The thoughtfully designed layout begins with a gracious entry foyer and generous closet space, providing both privacy and functionality. The open kitchen is finished with sleek Italian lacquer cabinetry, honed marble countertops and backsplash, and a premium appliance package featuring Sub-Zero and Bosch. Hardwood floors, central climate control, excellent storage and an in-unit washer and dryer complete the residence. CODA is a contemporary full-service condominium offering a 24-hour attended lobby, live-in resident manager, fitness center, landscaped courtyard, furnished roof terrace, elevators and available private storage. The building is pet-friendly and ideally positioned near Gramercy Park, Madison Square Park, Flatiron and Union Square, surrounded by some of Manhattan's best restaurants, shopping and transportation. With a strong tenant already in place, Residence 11D offers immediate cash flow, low-maintenance ownership and long-term value in a highly sought-after Manhattan location. ## Property Details - **Property Type**: Condominium - **Beds**: 1 - **Baths**: 1 - **Rooms**: 3 - **Sqft**: 657 sqft - **Stories**: 21 - **Year Built**: 2002 - **Price per Sqft**: $1,484 - **Common Charges**: $920 / Monthly - **Listed On**: Aug 10, 2026 - **Days on Market**: 41 Days ### Residence Features - Building Other - Washer Hookup - In Unit - Building Roof Deck - Washer Dryer Allowed - City ## Estimated Monthly Payment **$5,850 / month**, assuming a 20% down payment ($195,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $4,930 - **Common Charges**: $920 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 18 apartments at 385 1st Avenue have recorded sales since September 2021, the most recent for $1,675,000 in August 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | [16D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/385-1st-avenue-d-16D-ny-10010) (Apartment) | 2 | 1,116 | $1,675,000 | $1,501/ft² | August 12, 2026 | MLS | | 14A (Apartment) | 1 | 770 | $1,180,000 | $1,532/ft² | June 1, 2026 | City record · MLS | | 7F (Apartment) | 1 | 750 | $950,000 | $1,267/ft² | January 12, 2026 | City record · MLS | | 11A (Apartment) | 1 | 770 | $950,000 | $1,234/ft² | December 16, 2025 | City record · MLS | | 11F (Apartment) | 1 | 720 | $975,000 | $1,354/ft² | August 15, 2025 | City record | | 8F (Apartment) | 1 | 720 | $960,000 | $1,333/ft² | July 31, 2025 | City record · MLS | | 2B (Apartment) | 2 | 1,231 | $1,510,000 | $1,227/ft² | June 20, 2025 | City record · MLS | | 6H (Apartment) | 1 | 748 | $990,000 | $1,324/ft² | June 16, 2025 | City record · MLS | | 7-H (Apartment) | 1 | 748 | $999,000 | $1,336/ft² | March 18, 2025 | City record · MLS | | 4B (Apartment) | 2 | 1,190 | $1,625,000 | $1,366/ft² | January 9, 2025 | City record · MLS | | 2H (Apartment) | 1 | 703 | $1,100,000 | $1,565/ft² | August 12, 2024 | City record · MLS | | 18B (Apartment) | 1 | 815 | $1,150,000 | $1,411/ft² | April 24, 2024 | City record · MLS | | 14-F (Apartment) | 1 | 720 | $1,230,000 | $1,708/ft² | July 24, 2023 | City record · MLS | | 8B (Apartment) | 2 | 1,190 | $1,625,000 | $1,366/ft² | April 19, 2023 | City record · MLS | | 10-H (Apartment) | 1 | 748 | $995,000 | $1,330/ft² | March 24, 2023 | City record · MLS | | 2F (Apartment) | 1 | 720 | $970,000 | $1,347/ft² | July 15, 2022 | City record | | 10G (Apartment) | 1 | 729 | $995,000 | $1,365/ft² | April 7, 2022 | City record · MLS | | 2B (Apartment) | 2 | 1,231 | $1,550,000 | $1,259/ft² | January 6, 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**: $975,000 - **Median sold price**: $995,000 - **Difference**: -$20,000 (-2%) - **This home, $/ft²**: $1,484 - **Median $/ft²**: $1,347 - **Comparable sales**: 13 - **Sales from**: April 2022 – June 2026 - **Middle half of those sales**: $970,000 – $1,100,000 Based on one-bedroom sales at 385 1st Avenue. ### How these sales were negotiated - **Sale-to-list price**: 95.3% (8 sales) - **Sold below asking**: 88% (8 sales) - **Typical time to find a buyer**: 62 days (11 sales) - **Typical time to close**: 56 days (11 sales) Based on one-bedroom sales at 385 1st Avenue 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 385 1st Avenue | Year | Median $/ft² | Sales | | --- | --- | --- | | 2017 | $1,553/ft² | 49 | | 2018 | $1,486/ft² | 20 | | 2019 | $1,610/ft² | 21 | | 2020 | $1,539/ft² | 10 | | 2021 | $1,380/ft² | 6 | | 2022 | $1,347/ft² | 3 (thin) | | 2023 | $1,366/ft² | 3 (thin) | | 2025 | $1,333/ft² | 7 | Based on recorded sales at 385 1st Avenue. 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 August 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 385 1st Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/385-1st-avenue) ## Price and Property History for 385 1ST Avenue, Unit 11D Review the recorded listing activity for 385 1ST Avenue, Unit 11D, including asking-price changes and prior market dates. | Date | Price | Listing event | | --- | --- | --- | | August 10, 2026 | $975,000 | Listed for sale by Corcoran Group | | May 19, 2017 | — | Sold | | November 4, 2016 | $1,062,500 | Entered contract | | November 4, 2016 | $1,062,500 | Listed for sale by Compass | ## About The Building ### 385 1st Avenue Gramercy Park · Condominium 385 1st Avenue, New York, NY 10010 A building in Gramercy Park, currently featuring 3 active listings. - **Year Built**: 2002 - **Active Units**: 3 - **Floors**: 21 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/385-1st-avenue) ### Available Residences — For Sale (3) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [11D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/385-1st-avenue-11d-ny-10010) | 1 | 1 | 657 sqft | $1,484 | $975,000 | Corcoran Group | Aug 10, 2026 | 40 days | | [15F](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/385-1st-avenue-15f-ny-10010) | 2 | 2 | 1,230 sqft | $1,626 | $2,000,000 | Compass | Sep 18, 2026 | 1 days | | [18H](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010-4800/385-1st-avenue-h-18H-ny-10010-4800) | 1 | 1 | 713 sqft | $1,374 | $980,000 | Howard Hanna NYC | Jul 9, 2026 | 72 days | ### Recently Sold (1) | Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [16D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/385-1st-avenue-d-16D-ny-10010) | 2 | 2 | 1,116 sqft | $1,501 | $1,675,000 | Corcoran Group | Apr 16, 2026 | Aug 12, 2026 | ## 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 - [385 1st Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/385-1st-avenue) - [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.