The listing facts are current enough for an initial property review.
205 3rd Ave Apt 14H
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
$1132/sqft vs a nearby median of $1257/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
Asking price is about 9.9% below the fair value — likely to draw competing offers if it's still on market.
- Transit access+$23k +2.5%
- Mid-century building era−$14k −1.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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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
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.