$499,900
SOLD AUG 11, 2025

Gramercy Park Towers 205 3rd Ave Unit 5B Floor 5 New York, NY 10003

Gramercy Park Neighborhood
-- Bed
1 Bath
500 Sq Ft
$1,275/mo HOA Fee

Recently Sold

$1,000 Per Sq Ft

16% Below List Price

105 Days on Market

Highlights

  • City View
  • 4-minute walk to 3 Avenue
  • Cooling Available
  • P.S. 40 Augustus Saint-Gaudens Rated A
  • Bike Room
  • 3-minute walk to Stuyvesant Square

About This Home

As of August 2025

BEST VALUE AT GRAMERCY PARK TOWERS! Located at Gramercy Park Towers, this Spacious Alcove Studio/Junior 1 is larger than many 1 bedroom apartments. The alcove can easily convert into a bedroom or home office (shown in the Alternate Floor plan). This home features hardwood floors throughout and has a galley kitchen with white wood cabinetry. The private dressing area is large enough to be your home office or dressing area. Enjoy great morning sunlight and brightness all day long. There are 4 generous closets including a large walk-in. Best of all, the unit overlooks the planted peaceful Zen garden.

Gramercy Park Towers is a desirable luxury co-op with 24-hour doorman, concierge, and live-in super. Amenities include a state-of-the art fitness center, laundry and bike storage rooms as well as on-site parking. Two highlights are the stunning landscaped Zen Garden on the ground floor and a planted roof deck with iconic views of the Manhattan skyline. The low monthly maintenance includes utilities (gas and electric). No pied-a-terres or parental co-purchase allowed. Sorry, no dogs, but cats are welcome.

Conveniently located for transportation - 4/5/6/N/Q/R and L subways at Union Square as well as 3rd Avenue buses. Close to both Gramercy and Madison Square Parks, the Union Square farmer's market, fantastic highly-rated restaurants, bars, shopping and culture. All measurements and square footages are approximate and all information should be confirmed by customer.

Last Agent to Sell the Property

Elise Ehrlich

Brown Harris Stevens Residential Sales LLC License #10401343622 Listed on: 01/07/2025

Brown Harris Stevens Residential Sales LLC

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1964

HOA Fees

  • $1,275 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1 Full Bathroom
  • 500 Sq Ft Home

Additional Features

  • North Facing Home
  • Cooling Available

Listing and Financial Details

  • Legal Lot and Block 0016 / 01824

Community Details

Overview

  • 326 Units
  • High-Rise Condominium
  • Gramercy Park Tower Condos
  • Gramercy Park Subdivision
  • 20-Story Property

Amenities

  • Bike Room

Property Details

Home Type

Co-Op

Year Built

Built in 1964

Lot Details

0

HOA Fees

$1,275 per month

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Gramercy Park
  • Entry Level: 5
  • Structure Type: High Rise
  • Pets No Pets Comments: Dogs and Cats are allowed,Building Pets Allowed Comments:Dogs and Cats are allowed
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 20

Interior Features

  • Fireplace: No
  • Living Area: 500.0
  • Living Area Units: Square Feet
  • Rooms (Total): 2
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: None, Private Outdoor Space Over 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building None
  • Green Building Features: Bike Storage, Elevator(s)
  • Cooling: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1275.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative

Building Info

  • New Construction: No
  • Building Name: GRAMERCY PARK TOWER
  • Units: 326
  • Total Stories: 20
  • Year Built: 1964

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01824
  • Tax Lot: 0016

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2025 08/12/25 Price Changed $499,900 0.0% $1,000 / Sq Ft
08/11/2025 08/11/25 Sold $499,900 0.0% $1,000 / Sq Ft
04/22/2025 04/22/25 Pending -- -- --
04/07/2025 04/07/25 Price Changed $500,000 -9.1% $1,000 / Sq Ft
01/28/2025 01/28/25 Price Changed $550,000 -7.6% $1,100 / Sq Ft
01/07/2025 01/07/25 For Sale $595,000 -- $1,190 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Elise Ehrlich

    Seller's Agent in 2025

    Elise Ehrlich

    Brown Harris Stevens Residential Sales LLC

    (631) 903-4157

    8 in this area

    35 Total Sales

    Elise Ehrlich
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About Gramercy Park Towers

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11027704

Real Estate Board of New York (REBNY)

APN: 00899-00015B

New York New York County New York 10003 Gramercy Park

205 3rd Ave Unit 5B, New York, NY

This home is located at 205 3rd Ave Unit 5B, New York, NY 10003 and is currently priced at $499,900, approximately $999 per square foot. This property was built in 1964. 205 3rd Ave Unit 5B is a home located in New York County with nearby schools including P.S. 40 Augustus Saint-Gaudens, Simon Baruch Middle School 104, and Clinton School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) 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.

RLS Data display by Homes.com LLC

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