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In Contract

Gramercy Park Towers, 205 Third Avenue, #3B

$595,000 | Studio, 1 bath
Building Profile  | 
63 days on Market

Key Details

  • Listed: Sep 16, 2024
    Last Price Change: ($20,000) on Sep 16
    Days on Market: 63
    Building Type: Cooperative
    Neighborhood: Gramercy Park (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $1,264
Est. Monthly Mortgage: $2,960
Total Est. Monthly Carrying Cost: $4,224
Note: the above is based on a down payment of 25% ($148,750), which is the minimum amount permitted by the building.

Description

Welcome home to the perfect urban oasis at 205 Third Avenue. Unit 3B is a spacious & quiet Alcove Studio. The apartment features an open-concept layout with an updated kitchen, separate sleeping alcove & dressing area/home office, and ample closet space. It can easily be converted to a Junior 1-BR. All utilities are included in the monthly maintenance ($99 utility surcharge is included in the listed maintenance). Apartment highlights: - Views of the tranquil building courtyard - Cherry wood floors - Breakfast bar - Home office space - Custom closets with built-in shelving Building highlights: - 24-hour doorman - Fitness center - On-site parking garage - Bike storage - Landscaped courtyard & roof deck with sweeping city views Gramercy Park Towers in ideally located just a few blocks from Gramercy Park & Union Square with easy access to the 4,5,6,L,N,Q,R,W trains.

The coop allows financing up to 80%. Subletting is permitted with board approval. Cats are allowed, however dogs are not. No pied-a-terres.

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Apartment Amenities

  • Northern Exposures
Listing courtesy of Compass

Pricing History

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About Gramercy Park Towers, 205 Third Avenue

71

Gramercy Park Towers, 205 Third Avenue has received a CityRealty Rating of 71, 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

24
Out of 44
+
24
Out of 36
+
15
Out of 39
+
8
=
71
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 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:
Less Than 3 Short Blocks 2 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:
More than 15 0 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Many 2 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
Yes, but Small 1 out of 2 points
Storage Rooms:
Considerable 2 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:
Yes 1 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:
Yes 1 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: 1981
  • FT Doorman
  • High-Rise
  • Post War
  • Resident Storage
  • Central AC
  • Full Service Garage
  • Garden
  • Rooftop Terrace
  • Elevator
  • Fitness Center

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Pros
  • Dramatic entrance marquee
  • Fitness center
  • Close to Gramercy Park
  • Garage
  • Bicycle room
  • Cold storage
  • Doorman
  • Concierge
  • Roof deck
  • Many balconies
  • Lush sidewalk landscaping
  • Close to Subway
Cons
  • Many apartments
  • Considerable traffic
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Subways

  1. L
at 3rd Ave and 14th 0.22 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. 6
at 4th Ave and 15th 0.28 miles

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