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Coda Condominium, 385 First Avenue, #7HH

$1,025,000 ($1,370 per ft2) | 1 bed, 1 bath | Approx. 748 ft2
Building Profile  | 
75 days on Market

Key Details

  • Listed: Sep 3, 2024
    Last Price Change: ($75,000) on Nov 11
    Days on Market: 75
    Building Type: Condominium
    Neighborhood: Gramercy Park (Manhattan)
Monthly Common Charges: $1,142
Monthly Real Estate Taxes: $1,131
Total Taxes & Fees: $2,273 ($3.04/ft2)
Est. Monthly Mortgage: $5,439
Total Est. Monthly Carrying Cost: $7,712 ($10.31/ft2)
Note: the above is based on a down payment of 20% ($205,000), which is the minimum amount permitted by the building.

Open house:

  • The afternoon of Sunday, Nov 17
By appointment only.

Description

Residence 7HH is a thoughtfully designed, modern home, spanning 748 square feet, in one of Gramercy’s premier condominium buildings, CODA! The layout caters to the busy professional, with a spacious corner living room that allows for versatile furniture arrangements, perfect for both relaxation and entertaining. There is south-western exposure providing excellent light all day! The entry foyer, with its large coat closet, leads to a stylish U-shaped kitchen, fully appointed with glossy white Italian lacquer cabinetry, honed marble countertops, and integrated high-end appliances including a Miele refrigerator and Bosch gas cooktop, making it both practical and elegant for quick meals or gourmet cooking. The large bedroom, bathed in natural light from floor-to-ceiling windows, provides ample custom closet space and a serene environment for unwinding after a long day. The refined design elements of the bathroom - from the custom-designed ash veneer vanity to the polished nickel fixtures by Waterworks, reflect a luxurious yet practical living space. Designed by the world-renowned Francis D’Haene of D’Apostrophe Design, this home features oversized windows that frame stunning views of the downtown Manhattan skyline to the south and the building’s landscaped terrace to the west. Perfectly situated in one of the city’s most celebrated neighborhoods, this home is moments from Gramercy Park, Madison Square Park, and the East Village.

Out-of-state buyers and those seeking a secondary residence will appreciate the nearby dining, shopping, and cultural attractions, as well as convenient transportation links to Penn Station and Grand Central. CODA offers a full suite of amenities designed to support a convenient, stress-free lifestyle. The building has a 24-hour attended lobby and a live-in resident manager, providing peace of mind for those who may travel frequently or work irregular hours.

Additionally, a private landscaped terrace, a residents’ lounge, a fitness center programmed by Jay Wright of The Wright Fit, and a large, landscaped roof terrace with panoramic views of New York’s iconic landmarks. This residence is also a perfect pied-à-terre, offering easy access to the city’s transportation hubs and serving as a smart investment opportunity with potential for rental income and long-term appreciation in a highly sought-after neighborhood. For more information find me on Instagram @DanielleSellsNYC

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Listing courtesy of Compass

Pricing History

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About Coda Condominium, 385 First Avenue

61

Coda Condominium, 385 First Avenue has received a CityRealty Rating of 61, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

20
Out of 44
+
22
Out of 36
+
11
Out of 39
+
8
=
61
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
More than 6 Short Blocks 0 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Conversion Year: 2016
  • Attended Lobby
  • High-Rise
  • Post War
  • Resident Storage
  • Health Club
  • Elevator
  • Lounge
  • Fitness Center
  • Rooftop Terrace
  • Bike Room

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Pros
  • Near Hospital Alley
  • Canopied entrance
  • Roof deck
  • Doorman
  • Near Waterside complex on East River
  • Near Peter Stuyvesant Village
Cons
  • No balconies
  • No sidewalk landscaping
  • No garage
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Subways

  1. L
at 1st Ave and 14th 0.43 miles
  1. 6
at Park Ave 0.45 miles

Aerial Imagery

 

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