385 1st Avenue #5-H, New York City, NY 10010
Listing Courtesy of R New York
$950,000
Potential Rebate: $14,250
Overview
The Coda Condominium – Modern Living in a Serene Corner Residence<br>2017 New Development | Oversized Corner Unit | Garden Views | Vented Washer/Dryer | Exceptionally Quiet<br><br>*Monthly Real Estate Taxes may be Reduced by 17.5% ($1,142.35/month If Used as a Primary Residence)*<br><br>Welcome to the highly sought-after H-line at The Coda – the premier layout in the building, offering approximately 750 square feet of beautifully designed living space with bright south and west exposures overlooking a tranquil garden. This pin-drop quiet home is a true oasis in the heart of the city.<br><br>Renowned designer Francis D’Haene of D’Apostrophe Design has curated interiors that are both refined and light-filled. The entry foyer opens into a sleek, open-concept kitchen outfitted with high-end finishes including glossy Italian white lacquer cabinetry, honed marble countertops and backsplash, and top-tier appliances: an integrated Sub-Zero refrigerator/freezer, 36” Bosch gas cooktop with vented hood, wall oven, microwave, and Bosch dishwasher. The expansive living area is ideal for relaxing or entertaining, while the west-facing bedroom offers peaceful views of the building’s landscaped terrace. The spa-like bathroom features honed Grey Fume marble flooring, a custom ash-veneer vanity with blackened steel frame, polished nickel fixtures by Waterworks, and a Toto toilet. Additional highlights include an in-unit vented washer and dryer—a rare luxury in Manhattan living.<br><br>Building Amenities include a 24-hour doorman, Live-in superintendent, Resident Lounge, Fitness center by Jay Wright of The Wright Fit, a private landscaped terrace, and an expansive Roof Deck with panoramic city views. Perfectly positioned near Gramercy Park, Madison Square Park, and the East Village, The Coda offers an exceptional blend of modern design, light-filled interiors, and unbeatable location. Discover a brighter, more peaceful kind of downtown living.
Home Features
- •Central Air
- •Building Washer Dryer Install Allowed
- •Common Area
- •In Unit
- •Building Storage
- •Building Roof Deck
- •Entrance Foyer
- •Dryer
Estimated Monthly Payment
$7,221 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$14,250
Monthly savings impact
$40/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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340 East 23RD Street #10A, New York City, NY 10010
Listing Courtesy of The Agency Brokerage
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Listings
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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of R New York
Data Source: TRESTLE #RLS20042150
Price Analysis
Compare average listing prices and value metrics for 385 1st Avenue against the surrounding Gramercy Park market.
Average List Price
Price Per SqFt
28.48% Lower
than the Gramercy Park price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Gramercy Park
Private, Exclusive, and Historic
\nGramercy Park is famous for the only private park in Manhattan. It is quiet, leafy, and incredibly exclusive.
\nReal Estate & Housing Market
\nHistoric townhouses and pre-war co-ops. Access to the park (a key) is tied to specific buildings.
\nLifestyle & Community
\nOld New York elegance. Quiet, refined, and private. Irving Place offers polite dining.
\nTransportation & Accessibility
\n6 train at 23rd. L train at 3rd Ave. A bit of a walk to the west side lines.
\nParks, Schools & Amenities
\nThe Park (if you have a key). Stuyvesant Square is the public alternative. Excellent dining.
\nWho This Neighborhood Is Best For
\nBest for those seeking privacy, history, and the ultimate status symbol (a key).
