NOT LISTED FOR SALE

Rutherford Place 305 2nd Ave Unit 726 New York, NY 10003

Gramercy Park Neighborhood

Estimated Value: $1,439,000 - $2,010,000

2 Beds
2 Baths
1,108 Sq Ft
$496/mo HOA Fee

Last Sold July 25, 2018

Last sale price $2,125,000 $1,918 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $11,201/month

152 Days on Market

Highlights

  • Pre War Building
  • P.S. 40 Augustus Saint-Gaudens Rated A
  • 1-minute walk to Stuyvesant Square

About This Home

As of July 2018

Flooded with sun, this striking duplex captures unobstructed sweeping park views! Featuring soaring ceilings up to 14 feet, oversized windows and a picture perfect view over Stuyvesant Square Park, this spacious two bedroom, 1.5 bath home measures over 1,100 square feet. The open panoramic views extend South and capture iconic buildings including the Freedom Tower. Newly renovated, this home features an elegant glass railing and tall ceilings upon entry. The spacious living and dining areas are perfect for entertaining, offering both South and East exposures. The oversized open kitchen boasts a stunning park view, and features Carrara marble counters and breakfast bar, Wolf gas range, Sub-zero refrigerator, Poggenpohl cabinetry, Dacor microwave and a Bosch dishwasher. Both baths feature granite floors and designer fixtures. The bedrooms are spacious, one of which offers a bonus area that is perfect for a home office. Additional amenities include gleaming hardwood floors, an in unit washer dryer, an abundance of storage and new heating and cooling units throughout.

Known for its unique, one-of-a-kind residences, Rutherford Place was built in 1902 and is listed on the National Register of Historic Places. This well run, established condominium offers a 24 hour concierge, laundry rooms on every floor, bicycle room, resident manager, on-site valet and housekeeping, and a furnished planted roof terrace that overlooks Historic Stuyvesant Park. A roof top fitness room is under construction, adding to the many conveniences already in place. Superb location between East 17th Street and East 18th Street, surrounded by a historic district. Close to Union Square, the popular Farmer's Market and many wonderful restaurants. Pets are welcome.

The complete offering terms are in an offering plan available from sponsor. File No. CD 86-0003. Equal Housing Opportunity.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,876

Year Built

  • Built in 1902

HOA Fees

  • $496 Monthly HOA Fees

Home Design

  • 1,108 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Community Details

  • 127 Units
  • Rutherford Place Condos
  • Gramercy Park Subdivision
  • 9-Story Property

Listing and Financial Details

  • Tax Block 00898

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,876

Year Built

Built in 1902

Lot Details

0

HOA Fees

$496 per month

Listing Details

  • Cross Street: E. 17th St/E. 18th St
  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Gramercy Park
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 9

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1108.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 496.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: RUTHERFORD PLACE
  • Units: 127
  • Total Stories: 9
  • Year Built: 1902

Tax Info

  • Tax Block: 00898
  • Tax Annual: 15876.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2018
Closed on
Jul 25, 2018
Sold by
Rutherford Palace Llc
Bought by
Hahn Peter Jee-Hoon and Kahng Jeeyong Park
List Price
$2,195,000
Sold Price
$2,125,000
Premium/Discount to List
-$70,000
-3.19%
Total Days on Market
152
Current Estimated Value
$1,647,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$477,842
Avg. Annual Appreciation
-3.30%
Original Mortgage
$1,700,000
Outstanding Balance
$1,494,647
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$193,962
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hahn Peter Jee-Hoon $2,125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hahn Peter Jee-Hoon $1,700,000
Previous Owner 305 Second Avenue Associ $4,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2018 07/25/18 Sold $2,125,000 -3.2% $1,918 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $2,195,000 -- $1,981 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $17,490 $139,901 $13,401 $126,500
2023 $17,505 $142,702 $13,401 $129,301
2022 $14,455 $158,486 $13,401 $145,085
2021 $18,725 $155,084 $13,401 $141,683
2020 $15,202 $171,770 $13,401 $158,369
2019 $18,004 $167,909 $13,401 $154,508
2018 $16,817 $151,136 $13,401 $137,735
2017 $16,070 $149,146 $13,401 $135,745
2016 $14,953 $137,226 $13,401 $123,825
2015 $7,822 $128,985 $13,401 $115,584
2014 $7,822 $123,923 $13,401 $110,522
Source: Public Records

About Rutherford Place

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10099907

Real Estate Board of New York (REBNY)

APN: 0898-1149

New York New York County New York 10003 Gramercy Park

305 2nd Ave Unit 726, New York, NY

This home is located at 305 2nd Ave Unit 726, New York, NY 10003 since 23 January 2018 and is currently estimated at $1,647,158, approximately $1,486 per square foot. This property was built in 1902. 305 2nd Ave Unit 726 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.

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