RealtyLens
for saleRealtyLens property overview
$849,000

205 3rd Ave Apt 14H

Manhattan, NY, 10003
View more Manhattan, NY property pages
1Beds
1Baths
750Sqft
$1132$/sqft

Comps

Listing Notes

Open house by appointment Welcome to Gramercy Park Towers, a full-service luxury co-op ideally situated in the heart of the historic Gramercy neighborhood. This expansive one-bedroom, one-bath residence, with the potential to be configured as a junior four, is truly a diamond in the rough-an excellent opportunity to renovate and make it your own while adding your personal style and vision. The apartment features a private balcony with captivating city views and offers exceptional potential within a highly desirable building. Residents enjoy an impressive suite of amenities including a modern fitness center, tranquil Zen garden, bike room, 24-hour laundry facilities, and a spectacular rooftop deck (currently undergoing renovations and expected to be completed by the end of May) showcasing sweeping views of the Manhattan skyline. The building provides outstanding service with a 24-hour doorman and concierge, pets permitted with board approval, subleasing allowed after two years of residency with board approval, and an on-site garage with waitlist availability. Located just moments from Union Square, this sought-after address with convenient access to multiple subway lines, renowned restaurants, vibrant retail destinations, parks, and schools offers the best of Manhattan living!

Market Insights

Below nearby median-9.9%

$1132/sqft vs a nearby median of $1257/sqft.

Nearby median$1257/sqft
Nearby properties24
Property size750 sqft
  • -9.9% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 750 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$933k$860k$1.01M · 62% confidence
vs ask $849k−$84k (−9.9%)

Asking price is about 9.9% below the fair value — likely to draw competing offers if it's still on market.

$1,232/sqft median across 3 tight comps × 750 sqft= $924k
  • Transit access+$23k +2.5%
  • Mid-century building era−$14k −1.5%
Cumulative NYC adjustments+$9k+1.0%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-9.9% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
55 days
Last price change
No change recorded
Listed
Mar 19, 2026
Photos
25 photos
Property type
coop
Status
for sale

Features & Amenities

City ViewDoormanElevatorParkDisability FeaturesHardwood FloorsRecreation FacilitiesViewOpen HouseViewsBalconyDenPark

Photos

Building Facts

Year built
1964
Stories
20
Total units
330
Residential units
326
Building area
8.24 ac
Lot size
26,312 sqft
Land use
Multi-family elevator buildings
Building class
D4

From NYC public records where available.

Price History

May 13, 2026Initial record
$849,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.