---
title: "368 3rd Avenue #12A, New York City, NY 10016"
description: "368 3rd Avenue #12A, New York City, NY 10016 — Kips Bay, New York City, NY. Listing Price $2,845,000. In contract 8/17/2026. 3 bed, 4 bath, 1,601 sqft Illustrative Buyer Commission Share of $42,675 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/368-3rd-avenue-a-12A-ny-10016"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 368 3rd Avenue #12A, New York City, NY 10016

Kips Bay, New York City, NY

**Sponsor Residence**

Courtesy of Brown Harris Stevens Development Marketing LLC

## At a Glance

- **Listing Price**: $2,845,000
- **Status**: In contract 8/17/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 3
- **Total Baths**: 4
- **Sqft**: 1,601
- **Common Charges**: $2,418 / mo
- **Price per Sqft**: $1,777
- **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**: $2,845,000
- **Illustrative Buyer Commission Share**: -$42,675*
- **Illustrative Net Cost**: $2,802,325

*Illustrative Buyer Savings of $42,675 — 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)

![368 3rd Avenue #12A, New York City, NY 10016 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/859ed01c-1478-43da-8030-2ca38f77d162.jpg)
![368 3rd Avenue #12A, New York City, NY 10016 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5a27617d-199e-417c-9198-1d1927901953.gif)
![368 3rd Avenue #12A, New York City, NY 10016 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c29847dc-5617-4361-b088-3634d9583581.jpg)
![368 3rd Avenue #12A, New York City, NY 10016 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8e26d5a4-405a-452c-8b9b-23e062d22165.jpg)
![368 3rd Avenue #12A, New York City, NY 10016 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1c8ad27d-7f64-4689-b8d1-54cc5fcc6e1e.jpg)
![368 3rd Avenue #12A, New York City, NY 10016 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0f40e677-651c-4d46-b7e6-72177c05e994.jpg)
![368 3rd Avenue #12A, New York City, NY 10016 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6495b144-efc3-4770-a4a4-e841d1c6f57d.jpg)
![368 3rd Avenue #12A, New York City, NY 10016 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4c8715c7-0421-4dd0-8182-0d102a826f5a.jpg)
![368 3rd Avenue #12A, New York City, NY 10016 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ad28ea36-8b15-47ed-9073-2f801fefaa73.jpg)
![368 3rd Avenue #12A, New York City, NY 10016 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6a5619ab-5535-4033-bb37-0acd3a9b39e3.jpg)

## Property Overview

Residence 12A is a spectacular 3 bedroom, 3.5 bath home that is perfectly suited for both social gatherings and personal enjoyment. The entry foyer leads way into the bright and airy great room that stuns with an abundance of natural light from its Eastern facing floor-to-ceiling windows.

 VU's light and airy interiors are carefully crafted by renowned interior designer Paris Forino to complement soaring ceilings and panoramic city and East River views. Living spaces in soothing neutral tones with handsome accents create a sophisticated aesthetic. Kitchens at VU imbue a feeling of comfort and convenience. Appointed in a sophisticated and light palette of natural materials such as marble, bleached oak, and white lacquer, outfitted with Miele appliances, they are a chef's dream. Spacious primary bathrooms feel like a tranquil spa getaway with walls clad in oversized soft white marble tiles and an intricate mosaic floor pattern comprising of three different marbles. Sinks and showers are complimented by The Grace Collection, Paris Forino's custom line of faucets and fixtures for Waterworks in polished chrome, produced exclusively for VU New York.

 Rising from the center of four of Manhattan's most dynamic neighborhoods-NoMad, Flatiron, Gramercy, and Kips Bay-VU offers a fresh perspective in a supremely convenient setting. The East River Greenway is easily accessible for morning runs and bike rides, whether you are heading Uptown or Downtown. Citi Bike stations dot the neighborhood and the seven subway lines nearby to make any morning commute convenient. The East Side location and its proximity to the Midtown Tunnel makes LaGuardia and JFK airports remarkably accessible.

 Designed by SLCE architects, the facade radiates a refined palette of oyster white and warm bronze detailing, a modern compliment to the historically rich neighborhoods that surround it. At 36 stories, the tower punctuates the city skyline and stands tall overlooking Manhattan's East Side. The architecture celebrates New Age Modernism, a design approach that emphasizes a contemporary aesthetic with clean lines, bronze embellishments, and sculpted chevron details. Oversized windows put the city on full display, and special attention was put into creating residences that maximize natural light wherever possible.

 With a full floor of vitality and entertaining amenities, VU provides residents with a variety of offerings that are designed to enhance the quality of everyday living. From the fitness center to the screening room, to the lounge and the pantry, Paris Forino designed each space with thoughtful intention toward how New Yorkers live today. The beauty of VU's attended lobby resides in the subtle refinements of European white oak paneling paired with honed Palladium travertine floors. High up on the 36th floor sits the rooftop terrace, where lush greenery and plush furniture invite you to take in unrivaled city views.

 The complete offering terms are in an offering plan available from Sponsor. File No. CD 19-0151. Sponsor: 368 Third Owners LLC c/o Minrav Development, 540 Madison Avenue Suite 16N, New York, NY 10022. Equal Housing Opportunity.

 Please note that the photos in this listing showcase a similar model apartment and are for illustrative purposes only.

## Property Details

- **Property Type**: Condominium
- **Beds**: 3
- **Total Baths**: 4
- **Rooms**: 5
- **Sqft**: 1,601 sqft
- **Stories**: 35
- **Year Built**: 2020
- **Price per Sqft**: $1,777
- **Common Charges**: $2,418 / Monthly
- **Listed On**: Dec 14, 2023
- **Days on Market**: 1003 Days

### Residence Features

- Building Other
- Washer Hookup
- In Unit
- Smoke Free
- City

## Sales Evidence

### Recent closed sales

99 apartments at Vu New York have recorded sales since September 2021, the most recent for $3,795,000 in March 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 32A (Apartment) | 3 | 1,605 | $3,795,000 | $2,364/ft² | March 31, 2026 | City record · MLS |
| 31A (Apartment) | 3 | 1,605 | $3,580,000 | $2,231/ft² | March 3, 2026 | City record · MLS |
| 5E (Apartment) | Studio | 578 | $955,000 | $1,652/ft² | February 13, 2026 | City record · MLS |
| 14A (Apartment) | 3 | 1,601 | $2,950,000 | $1,843/ft² | September 29, 2025 | City record · MLS |
| PHB (Duplex) | 3 | 2,926 | $9,189,812 | $3,141/ft² | August 28, 2025 | City record · MLS |
| 9A (Apartment) | 3 | 1,629 | $2,665,000 | $1,636/ft² | July 21, 2025 | City record · MLS |
| 8A (Apartment) | 3 | 1,629 | $2,595,000 | $1,593/ft² | April 10, 2025 | City record · MLS |
| 23A (Apartment) | 1 | — | $1,300,000 | — | March 19, 2025 | City record · MLS |
| 11C (Apartment) | 2 | 997 | $1,968,277 | $1,974/ft² | March 17, 2025 | City record · MLS |
| 12C (Apartment) | 2 | 997 | $1,920,000 | $1,926/ft² | November 4, 2024 | City record · MLS |
| 14C (Apartment) | 2 | 997 | $1,950,000 | $1,956/ft² | October 30, 2024 | City record · MLS |
| 22B (Apartment) | 2 | 997 | $2,225,000 | $2,232/ft² | September 24, 2024 | City record · MLS |
| 24B (Apartment) | 2 | 997 | $2,275,000 | $2,282/ft² | September 18, 2024 | City record · MLS |
| 20C (Apartment) | 2 | 996 | $2,233,379 | $2,242/ft² | September 16, 2024 | City record · MLS |
| 30A (Apartment) | 3 | 1,605 | $3,575,000 | $2,227/ft² | August 28, 2024 | City record · MLS |
| 18C (Apartment) | 2 | 996 | $2,192,292 | $2,201/ft² | August 12, 2024 | City record · MLS |
| 19C (Apartment) | 2 | 996 | $2,187,850 | $2,197/ft² | July 29, 2024 | City record · MLS |
| 29A (Apartment) | 3 | 1,605 | $3,500,000 | $2,181/ft² | May 6, 2024 | City record · MLS |
| 11A (Apartment) | 3 | 1,601 | $2,805,000 | $1,752/ft² | April 2, 2024 | City record · MLS |
| 5E (Apartment) | Studio | 578 | $894,024 | $1,547/ft² | January 31, 2024 | City record · MLS |
| 16C (Apartment) | 2 | 996 | $2,028,354 | $2,037/ft² | December 20, 2023 | City record · MLS |
| 25B (Apartment) | 2 | 997 | $2,426,490 | $2,434/ft² | December 18, 2023 | City record · MLS |
| 26D (Apartment) | 1 | 622 | $1,642,437 | $2,641/ft² | December 13, 2023 | City record · MLS |
| 26B (Apartment) | 2 | 997 | $2,449,400 | $2,457/ft² | December 12, 2023 | City record · MLS |
| 25C (Apartment) | 2 | 996 | $2,415,000 | $2,425/ft² | October 13, 2023 | City record · MLS |
| 3C (Apartment) | 1 | 964 | $1,525,000 | $1,582/ft² | September 19, 2023 | City record · MLS |
| 24C (Apartment) | 2 | 996 | $2,416,000 | $2,426/ft² | August 28, 2023 | City record · MLS |
| 23C (Apartment) | 2 | 996 | $2,446,855 | $2,457/ft² | August 21, 2023 | City record · MLS |
| 28B (Apartment) | 3 | 1,619 | $3,863,750 | $2,387/ft² | July 26, 2023 | City record · MLS |
| 22C (Apartment) | 2 | 996 | $2,329,000 | $2,338/ft² | May 25, 2023 | City record · MLS |
| 25A (Apartment) | 1 | 609 | $1,450,000 | $2,381/ft² | May 11, 2023 | City record · MLS |
| 21C (Apartment) | 2 | 996 | $2,300,000 | $2,309/ft² | May 8, 2023 | City record · MLS |
| 4C (Apartment) | 1 | 964 | $1,580,000 | $1,639/ft² | February 10, 2023 | City record · MLS |
| 25D (Apartment) | 1 | 622 | $1,585,000 | $2,548/ft² | November 4, 2022 | City record · MLS |
| 26C (Apartment) | 2 | 996 | $2,575,000 | $2,585/ft² | September 28, 2022 | City record · MLS |
| 23B (Apartment) | 2 | 997 | $2,400,000 | $2,407/ft² | September 2, 2022 | City record · MLS |
| 31B (Apartment) | 3 | 1,619 | $4,150,000 | $2,563/ft² | August 19, 2022 | City record · MLS |
| 3E (Apartment) | Studio | 578 | $880,000 | $1,522/ft² | August 11, 2022 | City record · MLS |
| 24D (Apartment) | 1 | 622 | $1,579,100 | $2,539/ft² | July 27, 2022 | City record · MLS |
| 5C (Apartment) | 1 | 964 | $1,630,350 | $1,691/ft² | July 19, 2022 | City record · MLS |

Showing the 40 most recent of 99 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 three-bedroom sales at Vu New York is $3,700,000, based on 18 sales between December 2021 and March 2026. This home is asking $2,845,000, $855,000 below that median. The middle half of those sales closed between $3,462,500 and $3,942,500.

- **Median closed price**: $3,700,000
- **Middle half**: $3,462,500 – $3,942,500
- **Based on**: 18 three-bedroom sales at Vu New York
- **Period**: December 2021 – March 2026
- **Median $/ft²**: $2,305/ft²

Across the 18 of these sales with a published asking price, the median closed at 98.7% of what it originally asked. 83% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 98.7% of the original ask
- **Closed below ask**: 83% of 18 sales
- **Listed → in contract**: 85 days (about 12 weeks)
- **In contract → closed**: 50 days (about 7 weeks)

Across the 18 of these sales with a published asking price, the median closed at 98.7% of what it originally asked. 83% 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 11 with a recorded listing date.

Once a deal was agreed, closing took a further 50 days (about 7 weeks), based on the 12 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 18 three-bedroom sales at Vu New York, December 2021 – March 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median price per square foot for sales at Vu New York, 2021 to 2026. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year.

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2021 | $1,979/ft² | 18 |
| 2022 | $2,207/ft² | 43 |
| 2023 | $2,387/ft² | 13 |
| 2024 | $2,197/ft² | 11 |
| 2025 | $1,843/ft² | 6 |
| 2026 | $2,231/ft² | 3 (thin) |

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.

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 Vu New York](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/vu-new-york)

## Price and Property History for 368 3RD Avenue, Unit 12A

Review the recorded listing activity for 368 3RD Avenue, Unit 12A, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $50,000, or 1.7%, on May 11, 2026
- **Originally listed**: December 14, 2023 at $3,095,000
- **Entered contract**: August 17, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| August 17, 2026 | $2,845,000 | Entered contract |
| May 11, 2026 | $2,845,000 | Asking price reduced by $50,000, or 1.7% |
| December 14, 2023 | $3,095,000 | Listed for sale by Brown Harris Stevens Development Marketing LLC |

## Property Tax History

Taxes at 368 3rd Avenue #12A were $34,433 in 2026, up 1.8% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $294,239 | $18,349 | $275,890 | $275,460 | $34,433 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $270,919 | $18,349 | $252,570 | $270,493 | $33,812 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $273,342 | $18,349 | $254,993 | $270,190 | $33,774 | 12.5% |
| 2023 (FY 2023/24) | $269,402 | $18,349 | $251,053 | $269,401 | $33,681 | 12.502% |
| 2022 (FY 2022/23) | $206,637 | $18,349 | $188,288 | $205,315 | $25,186 | 12.267% |

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 1008821338. 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

### Vu New York

Kips Bay · Duplex

368 3rd Avenue, New York, NY 10016

A building in Kips Bay, currently featuring 3 active listings.

- **Year Built**: 2020
- **Total Units**: 3
- **Floors**: 35

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

### Available Residences — For Sale (3)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [12A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/368-3rd-avenue-a-12A-ny-10016) | 3 | 4 | 1,601 sqft | $1,777 | $2,845,000 (-1.7%) — In contract | Brown Harris Stevens Development Marketing LLC | Dec 14, 2023 | 1,003 days |
| [PH34A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/368-3rd-avenue-ph34a-PH34A-ny-10016) | 3 | 4 | 2,926 sqft | $2,972 | $8,695,000 (-2.1%) | Brown Harris Stevens Residential Sales LLC | Sep 4, 2025 | 373 days |
| [11AA](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/368-3rd-avenue-aa-11AA-ny-10016) | 3 | 4 | 1,601 sqft | $1,683 | $2,695,000 — In contract | Compass | May 12, 2026 | 123 days |

## Estimated Monthly Payment

**$16,804 / month**, assuming a 20% down payment ($569,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $14,386
- **Common Charges**: $2,418

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

## Kips Bay

Medical Mile & Value

[Explore Kips Bay](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Kips Bay

- [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill)
- [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy)
- [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)
- [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown)
- [East Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-village)

## Related Links

- [Vu New York — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/vu-new-york)
- [Kips Bay neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay)
- [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.