--- title: "385 1st Avenue #8D, New York City, NY 10010" description: "385 1st Avenue #8D, New York City, NY 10010 — Gramercy Park, New York City, NY. Listing Price $950,000. 1 bed, 1 bath, 653 sqft Illustrative Buyer Commission Share of $14,250 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/385-1st-avenue-d-8D-ny-10010" source: "Real Estate Rebate Team" status: "Active" --- # 385 1st Avenue #8D, New York City, NY 10010 Gramercy Park, New York City, NY Courtesy of NIEUW NEDERLANDTS REALTY LLC ## At a Glance - **Listing Price**: $950,000 - **Beds**: 1 - **Baths**: 1 - **Sqft**: 653 - **Common Charges**: $886 / mo - **Monthly Taxes**: $1,197 / mo - **Price per Sqft**: $1,455 - **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**: $950,000 - **Illustrative Buyer Commission Share**: -$14,250* - **Illustrative Net Cost**: $935,750 *Illustrative Buyer Savings of $14,250 — 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) ![385 1st Avenue #8D, New York City, NY 10010 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d01a4f34-3009-4507-9cd0-8f72bbf60def.jpg) ![385 1st Avenue #8D, New York City, NY 10010 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c2a7c925-9692-4e3d-856d-e95f0fbb862c.jpg) ![385 1st Avenue #8D, New York City, NY 10010 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5611852b-9b01-4d3e-b20f-39930729a7bf.jpg) ![385 1st Avenue #8D, New York City, NY 10010 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/898bbe53-17e5-4cb4-9857-16fb9b4fb3e8.jpg) ![385 1st Avenue #8D, New York City, NY 10010 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/378d6c57-9f59-422f-8c87-dabfb122ef50.jpg) ![385 1st Avenue #8D, New York City, NY 10010 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/187b2357-7ab0-4f99-a581-35f2f632a56e.jpg) ![385 1st Avenue #8D, New York City, NY 10010 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5e7fcbff-9450-4907-84f8-ea87c32c8738.jpg) ![385 1st Avenue #8D, New York City, NY 10010 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5013fbc6-f4f7-423f-bc1b-5dbddabf2e55.jpg) ![385 1st Avenue #8D, New York City, NY 10010 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4dc460e2-cd0f-4238-ae32-25781bb316d1.jpg) ![385 1st Avenue #8D, New York City, NY 10010 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/52d1281e-aa54-4697-8e6f-fcea8fec9e41.jpg) ## Property Overview Bathed in natural light through floor-to-ceiling windows, this spacious one-bedroom, one-bathroom residence offers dynamic city views, including a partial view of the iconic Empire State Building. Refined finishes, thoughtful detailing, and a well-designed layout create an elegant and comfortable Manhattan home. A welcoming entry foyer features a generous coat closet and leads into the open U-shaped kitchen, appointed with glossy white Italian lacquer cabinetry, honed marble countertops and backsplash, and a suite of premium appliances. The kitchen includes an integrated Sub-Zero refrigerator and freezer, Bosch gas cooktop with vented hood, Bosch wall oven, and Bosch dishwasher. Adjacent to the kitchen, the open living and dining area provides an inviting setting for both everyday living and entertaining, framed by expansive windows and ever-changing city views. The beautifully finished bathroom features honed Grey Fume marble flooring, a custom ash veneer vanity with a blackened steel frame, polished nickel fixtures by Waterworks, and a Toto toilet. An in-unit washer and vented dryer complete this exceptional residence. CODA presents a rare opportunity to own a home where sophisticated design, abundant light, and an exceptional downtown location come together. Artfully reimagined by Francis DHaene, this distinctive condominium conversion is ideally situated moments from Gramercy Park, Madison Square Park, and the East Village. Residents enjoy a comprehensive collection of amenities, including a 24-hour doorman, live-in superintendent, private landscaped terrace with barbecue grilling station, resident lounge, fitness center programmed by Jay Wright of The Wright Fit, private storage cages, bicycle storage, and a beautifully landscaped rooftop terrace with panoramic 360-degree views of Manhattan, Brooklyn, Long Island City, and beyond. ## Property Details - **Property Type**: Condominium - **Beds**: 1 - **Baths**: 1 - **Rooms**: 3 - **Sqft**: 653 sqft - **Year Built**: 2002 - **Price per Sqft**: $1,455 - **Common Charges**: $886 / Monthly - **Monthly Taxes**: $1,197 / mo - **Listed On**: Jul 13, 2026 - **Days on Market**: 63 Days ### Residence Features - Building Inside - Common Area - Building Storage - Building Roof Deck - Private Outdoor Space Under 60 Sqft - Storage - High Ceilings - Storage - Dryer - Dishwasher - Microwave - Washer - City ## Sales Evidence ### How this price compares The median closed price for comparable condo one-bedroom sales in Gramercy Park is $1,355,000, based on 60 sales between September 2024 and June 2026. This home is asking $950,000, $405,000 below that median. The middle half of those sales closed between $1,230,000 and $1,613,926. - **Median closed price**: $1,355,000 - **Middle half**: $1,230,000 – $1,613,926 - **Based on**: 60 condo one-bedroom sales in Gramercy Park - **Period**: September 2024 – June 2026 - **Median $/ft²**: $1,789/ft² Across the 50 of these sales with a published asking price, the median closed at 96.3% of what it originally asked. 62% of them closed below the original ask. 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 - **Sold vs original ask**: 96.3% of the original ask - **Closed below ask**: 62% of 50 sales - **Listed → in contract**: 85 days (about 12 weeks) - **In contract → closed**: 56 days (about 8 weeks) Across the 50 of these sales with a published asking price, the median closed at 96.3% of what it originally asked. 62% of them closed below the original ask. Half of these homes were in contract within 85 days (about 12 weeks) of coming to market, based on the 51 with a recorded listing date. Once a deal was agreed, closing took a further 56 days (about 8 weeks), based on the 51 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 60 condo one-bedroom sales in Gramercy Park, September 2024 – June 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 condo and house one-bedroom sales in Gramercy Park, 2017 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 | | --- | --- | --- | | 2017 | $1,144,095 | 54 | | 2018 | $1,219,559 | 41 | | 2019 | $1,613,926 | 60 | | 2020 | $1,090,000 | 17 | | 2021 | $1,176,500 | 33 | | 2022 | $1,290,000 | 36 | | 2023 | $1,250,000 | 41 | | 2024 | $1,470,000 | 35 | | 2025 | $1,310,000 | 30 | | 2026 | $1,387,500 | 22 | 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. ## Estimated Monthly Payment **$6,887 / month**, assuming a 20% down payment ($190,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $4,804 - **Property Taxes**: $1,197 - **Common Charges**: $886 Estimates only. Actual payments may vary. Confirm terms with your lender. ## 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 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.