RealtyLens
for saleRealtyLens property overview
$1,900,000

205 Third Ave Apt 20B

New York, NY, 10003
View more New York, NY property pages
3Beds
2Baths
1,550Sqft
$1226$/sqft

Listing Notes

RARELY AVAILABLE 3 BEDROOM AT GRAMERCY PARK TOWERS! This expansive three-bedroom, two-bathroom residence at Gramercy Park Towers offers an exceptional blend of space, light, and comfort. Situated on a high floor, the corner layout with eastern and southern exposures fills the home with natural light while providing open sky views. The thoughtfully designed layout features generously sized bedrooms, all with eastern exposures, and an eat-in kitchen with windows that enhance both light and functionality. This is truely uncommon and highly desirable feature. Residents of Gramercy Park Towers enjoy a full suite of amenities, including a 24-hour doorman, concierge, a fully equipped fitness center, and a beautifully landscaped and furnished roof deck with sweeping panoramic views. Additional conveniences include a tranquil Zen garden, bike room, and an on-site garage with direct building access. Ideally located near Union Square and the Flatiron District, the building is surrounded by some of downtown Manhattan's best dining, shopping, and cultural destinations. Excellent transportation options are close by, with access to multiple subway lines providing easy connectivity throughout the city. Pets are welcome. Please note: pied-à-terre ownership is not permitted.

Market Insights

Below nearby median-42%

$1226/sqft vs a nearby median of $2118/sqft.

Nearby median$2118/sqft
Nearby properties12
Property size1,550 sqft
  • -42% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,550 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$3.30M$3.00M – $3.60M · 50% confidence
vs ask $1.90M−$1.40M (−73.6%)

Asking price is about 73.6% below the fair value — likely to draw competing offers if it's still on market.

$2,118/sqft median across 7 tight comps × 1,550 sqft= $3.28M
  • Transit access+$82k +2.5%
  • High-density walkability+$66k +2.0%
  • Mid-century building era−$49k −1.5%
  • Visible condition issues−$49k −1.5%
  • Virtually staged−$33k −1.0%
Cumulative NYC adjustments+$16k+0.5%

Property Read

FreshnessCurrent market data

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

Market Position-42% 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
34 days
Last price change
No change recorded
Listed
Apr 8, 2026
Photos
16 photos
Property type
coop
Status
for sale

Features & Amenities

Central AirDoormanElevatorViewsDenShopping

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 4, 2026Initial record
$1,900,000for sale

Public Records

DOB violations4 open

95 total recorded against the building

HPD violations12 open

19 total recorded

ACRIS documents539

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)26,944

Top: encampment

Top complaint types in ZIP 10003

  • Encampment4,310
  • HEAT/HOT WATER1,993
  • Noise - Residential1,903
  • Illegal Parking1,877
  • For Hire Vehicle Complaint1,497

Recent DOB

  • Nov 14, 2025V*-DOB VIOLATION - DISMISSED · HBLVIO-HIGH PRESSURE BOILER BOILER REQUIRED
  • Nov 14, 2025V*-DOB VIOLATION - DISMISSED · HBLVIO-HIGH PRESSURE BOILER BOILER REQUIRED
  • Sep 23, 2024V*-DOB VIOLATION - DISMISSED · HBLVIO-HIGH PRESSURE BOILER BOILER REQUIRED
  • Sep 23, 2024V*-DOB VIOLATION - DISMISSED · HBLVIO-HIGH PRESSURE BOILER BOILER REQUIRED

Recent HPD

  • Aug 23, 2023Class B · § 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR AT WEST WALL IN THE 3rd ROOM FROM EAST AT SOUTH LOCATED AT APT 6H, 6th STORY, 1...
  • Aug 23, 2023Class B · § 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR AT SOUTH WALL IN THE 1st ROOM FROM EAST AT NORTH LOCATED AT APT 6H, 6th STORY, ...
  • Mar 8, 2019Class B · § 27-2005 ADM CODE REPLACE WITH NEW THE BROKEN OR DEFECTIVE COUNTER BALANCE AT LOWER WINDOW SASH IN THE 3rd ROOM FROM NORTH LOCATED AT APT 10D, 10th STORY, 1st APARTMENT FROM EA...
  • Aug 18, 2018Class B · § 27-2026, 2027 HMC: PROPERLY REPAIR THE SOURCE AND ABATE THE EVIDENCE OF A WATER LEAK AT SOUTH WALL AND CEILING IN THE 1st ROOM FROM NORTH LOCATED AT APT 2L, 2nd STORY, 4th APA...

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

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

205 Third Ave Apt 20B, New York, NY, 10003 | RealtyLens