Coda Condominium, 385 First Avenue, NYC - Condo Apartments

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NEW DEVELOPMENT: OPENED IN 2017

Coda Condominium,
385 First Avenue

Condo located in Gramercy Park, between East 22nd Street & East 23rd Street

$1,523 Avg. price/ft² Apts. For Sale

$88 Avg. price/ft² Apts. For Rent

$1,488 Avg. price/ft² Recent Sales
(past 12 months)

Apartments For Sale (4)
For Rent (5)
Recent Sales (14)
All Units in Building (114)

Include In-Contract Listings

Apt. 6H
(10 Photos)

1 bed

1 bath

748 ft²

$1,471

$1,100,000

Oct 8, 2024

71 days

Apt. 15F
(10 Photos)

2 beds

2 baths

1,230 ft²

$1,931

$2,375,000

Sep 10, 2024

99 days

Apt. 4B
(17 Photos)

2 beds

2 baths

1,190 ft²

$1,387

$1,650,000 in contract

Sep 10, 2024

99 days

Apt. 5H
(13 Photos)

1 bed

1 bath

748 ft²

$1,303

$975,000 -17%

Jun 5, 2024

196 days

#6H: $1,100,000 - 1 bed

#15F: $2,375,000 - 2 beds

in contract

#4B: $1,650,000 - 2 beds

#5H: $975,000 (-17%) - 1 bed

Include In-Contract Listings

Apt. 4H
(12 Photos)

1 bed

1 bath

748 ft²

$80

$4,995

Dec 9, 2024

9 days

Apt. 21A
(9 Photos)

2 beds

2 baths

984 ft²

$98

$7,995 -0.1%

Nov 20, 2024

28 days

Apt. 15F
(10 Photos)

2 beds

2 baths

1,230 ft²

$95

$9,750 in contract

Oct 16, 2024

63 days

Apt. 7D
(18 Photos)

1 bed

1 bath

$4,850 -3%

Oct 15, 2024

64 days

Apt. 9E
(6 Photos)

2 beds

2 baths

1,235 ft²

$78

$8,000 in contract

May 28, 2024

204 days

#4H: $4,995 - 1 bed

#21A: $7,995 (-0.1%) - 2 beds

in contract

#15F: $9,750 - 2 beds

#7D: $4,850 (-3%) - 1 bed

in contract

#9E: $8,000 - 2 beds

Apt. 2H

1 bed

1 bath

703 ft²

$1,100,000 -4.3%

$1,565

$1,150,000

Aug 12, 2024

Apt. 18B

1 bed

1 bath

815 ft²

$1,150,000 -2.1%

$1,411

$1,175,000

Apr 24, 2024

Apt. 14F

1 bed

1 bath

700 ft²

$1,230,000 -2.8%

$1,757

$1,265,000

Jul 24, 2023

Apt. 8B

2 beds

2 baths

1,190 ft²

$1,625,000 -7.1%

$1,366

$1,750,000

Apr 19, 2023

Apt. 10H

1 bed

1 bath

748 ft²

$995,000 0%

$1,330

$995,000

Mar 24, 2023

Apt. 2F

1 bed

1 bath

720 ft²

$970,000 -11.8%

$1,347

$1,100,000

Jul 15, 2022

Apt. 10G

1 bed

1 bath

729 ft²

$995,000 -0.5%

$1,365

$1,000,000

Apr 7, 2022

Apt. 2B

2 beds

2 baths

1,231 ft²

$1,550,000 -4.6%

$1,259

$1,625,000

Jan 6, 2022

Apt. 2H

1 bed

1 bath

703 ft²

$980,000 -24.3%

$1,394

$1,295,000

Aug 25, 2021

Apt. 12B

2 beds

2 baths

1,190 ft²

$1,530,125 -9.7%

$1,286

$1,695,000

May 18, 2021

Apt. 16D

2 beds

2 baths

1,116 ft²

$1,595,000 -8.9%

$1,429

$1,750,000

May 13, 2021

Apt. 16F

2 beds

2 baths

1,176 ft²

$1,650,000 -23.8%

$1,403

$2,165,000

Mar 23, 2021

Apt. 20C

3 beds

3 baths

1,595 ft²

$2,180,000 -5%

$1,367

$2,295,000

Feb 4, 2021

Apt. 10B

2 beds

2 baths

1,190 ft²

$1,529,107

$1,285

Jan 25, 2021

Show More Closed Sales

Overview of Coda Condominium at 385 First Avenue

Coda Condominium is an attractive, 20-story apartment building at 385 First Avenue on the southwest corner of 23rd Street.

It was erected in 2002 by The Clarett Group of New York and Post Properties of Atlanta.

It was designed by Gerner Kronick + Valcarcel and is also known as 348-354 East 23^rd Street.

It has 138 apartments that were originally rentals.

An article in the July 14, 2014 edition of The New York Post by Lois Weiss reported that Ban Shaoul, the head of the Magnum Real Estate Group, had signed a contract to the building and the 199-unit Post Toscana at 389 East 89^th Street for $270 million, or just over $800,000 a unit. The seller was Post Properties of Atlanta, which had developed both buildings with the Clarett Group in 2002 and 2003, respectively.

“Both towers were much sought after by the city’s real-estate community, as expiring tax abatements will mark the end of rent stabilization rules. Potential buyers included those that would have kept the buildings as high-end rentals, but others, including Shaoul, had an eye on a condominium conversion that penciled out to under the $2,000-a-foot range,” according to the article.

There is good cross-town bus service and this location is convenient to Waterside and not far from Hospital Alley and Peter Cooper Village and the Flatiron District.

Year Built

2002

Converted: 2016

Apartments

114

Floors

Pets: Allowed

Neighborhood

Gramercy Park (Manhattan)

Min Down

20%

Developer

Magnum Real Estate Group

Architect

Gerner Kronick + Valcarcel

Design

D'Apostrophe Design

114Apartments

View All Past
Sales & Rentals
in Building

Amenities

Attended Lobby
High-Rise
Post War
Resident Storage
Health Club
Elevator
Lounge
Fitness Center
Rooftop Terrace
Bike Room

Shh... Many units sell without being publicly listed.

Learn more about off-market listings at Coda Condominium!

Area Map StreetView

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Maps &
3D Aerial Views

View school info, local attractions, transportation options & more.

Experience amazing 3D aerial maps and fly throughs.

Nearby Subways

at 1st Ave and 14th 0.43 miles

at Park Ave 0.45 miles

Carter’s Review

"Coda is an attractive, 20-story, 138-unit apartment building at 385 First Avenue on the southwest corner of 23rd Street.

It was erected as a rental building in 2002 by The Clarett Group of New York and Post Properties of Atlanta. "
Read Full Review

Who's Carter?

Pros & Cons

Near Hospital Alley
Canopied entrance
Roof deck
Doorman
Near Waterside complex on East River
Near Peter Stuyvesant Village

No balconies
No sidewalk landscaping
No garage

CityRealty Rating

/44

Architecture

/36

Location

/39

Features

Editor’s Points

CITYREALTY
RATING

How is the CityRealty Rating calculated?
Architecture

30+ remarkable

20-29 distinguished

11-19 average

< 11 below average
Location

27+ remarkable

18-26 distinguished

9-17 average

< 9 below average
Features

22+ remarkable

16-21 distinguished

9-15 average

< 9 below average
CityRealty’s Ratings Explained

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Pricing Comparison of Similar Buildings

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Editorial Coverage

Alternate Addresses

350 East 23rd Street
Luminaire
Post Luminaria

One High Line

between West 17th Street & West 18th Street

Chelsea

Opulent homes where the High Line meets the Hudson River. Breathtaking Manhattan views & exclusive amenities. Nearly 50% sold | Immediate occupancy

1 beds starting at $2,130,000
2 beds starting at $3,485,000
3 beds starting at $6,460,000
4 beds starting at $9,950,000

Learn More

RLS IDX Data display by CityRealty.com, LLC. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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 and for no listing shall the number of bedrooms listed be considered a legal conclusion.

All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.

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An equal housing opportunity

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Coda Condominium,385 First Avenue

Condo located in Gramercy Park, between East 22nd Street & East 23rd Street

Overview of Coda Condominium at 385 First Avenue

Amenities

Shh... Many units sell without being publicly listed.

Maps & 3D Aerial Views

Nearby Subways

Carter’s Review

Pros & Cons

CityRealty Rating

How is the CityRealty Rating calculated?

Sales History

Sales Summary

Sales History by Apartment Size

Pricing Comparison of Similar Buildings

Editorial Coverage

Alternate Addresses

Buy & Sell

Rent

Buildings

Insights

Company

Coda Condominium,
385 First Avenue

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3D Aerial Views