Updated 4 days ago

CODA

385 First Ave, 11-D

Gramercy Park, Manhattan | East 22nd Street & East 23rd Street

3 Rooms1 Bed1 Bath657 Square FeetCondo

$975,000
Common Charges$920
RE Taxes$1,203
Price Per SF
$1,484

Listing Features

  • Dining Alcove
  • Entry Foyer
  • Hardwood Floors
  • Washer / Dryer
  • Flr-to-Clg Windows
  • Dishwasher
  • Horseshoe Kitchen
  • Microwave
  • Open Kitchen
  • S Steel Appliances
  • SOTA Kitchen
  • Marble Bathroom

Outdoor space and views

  • City Views
  • Empire State Bldg
  • North Exposure

Building Amenities

  • Concierge
  • Bike Storage
  • Billiards Room
  • Elevator
  • Garage
  • Health Club
  • Laundry Room
  • Resident Lounge
  • Roof Deck
  • Storage
  • WiFi

Policies


Property Description for 385 First Ave, 11-D

Residence 11D at CODA presents a compelling opportunity to acquire a beautifully appointed one-bedroom condominium with immediate income in place. The residence is currently occupied by a tenant paying $4,800 per month, offering investors a seamless, income-producing acquisition in one of Downtown Manhattan's most desirable full-service buildings.

Floor-to-ceiling windows fill the home with natural light and create an airy backdrop for the spacious living and dining area. The thoughtfully designed layout begins with a gracious entry foyer and generous closet space, providing both privacy and functionality.

The open kitchen is finished with sleek Italian lacquer cabinetry, honed marble countertops and backsplash, and a premium appliance package featuring Sub-Zero and Bosch. Hardwood floors, central climate control, excellent storage and an in-unit washer and dryer complete the residence.

CODA is a contemporary full-service condominium offering a 24-hour attended lobby, live-in resident manager, fitness center, landscaped courtyard, furnished roof terrace, elevators and available private storage. The building is pet-friendly and ideally positioned near Gramercy Park, Madison Square Park, Flatiron and Union Square, surrounded by some of Manhattan's best restaurants, shopping and transportation.

With a strong tenant already in place, Residence 11D offers immediate cash flow, low-maintenance ownership and long-term value in a highly sought-after Manhattan location.

Listing History for 385 First Ave, 11-D

Now
08/10/2026
$975,000
Initial Price by Sebastian Lopera
Corcoran
2026

Building Details for 385 First Ave

OwnershipCondo
Building TypeHigh-Rise
Service LevelConcierge
AgePost-War
AccessElevator
Year Built2002
Financing Allowed90%
Floors/Apts21/114
Learn More About the Building

Transit and Citi Bike

Subway

1 Av
0.42 miles
23 St
0.46 miles
3 Av
0.46 miles

Citi Bike

E 23 St & 1 Ave
0.04 miles
E 22 St & 2 Ave
0.13 miles

Contact Agent

Contact Agent

Licensed As
Sebastian Lopera
Salesperson
License#:
10401208921
Company:
Corcoran
View this property on the company's website

Building Availability

APPSF
Median
Average
$1,464
$980,000
$1,025,000
Last 12 months
$1,344
-
-
Last 12 months
$88
-
-

One Bed in Gramercy Park

APPSF
Median
Average
$1,845
$1,162,500
$1,247,604
$1,711
$849,000
$999,125

Similar Listings in Gramercy Park

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1819246