Originally built in 1902 and listed on the National Register of Historic Places, Rutherford Place is a distinguished Beaux-Arts condominium seamlessly blending historic elegance with contemporary luxury.
Located at 305 Second Avenue in Gramercy, this 10-story, 126-unit masterpiece was designed by renowned architect Robert Henderson Robertson and once housed the New York Lying-In Hospital, gifted by J.P. Morgan. In the mid 80s, the building was a residential rental with celebrities including Tom Cruise and Mimi Rogers, Sean Combs, Judd Nelson and David Lee Roth.
Converted to condominiums in 1986 and fully transitioned from rentals in 2006, the building retains its architectural grandeur, featuring a terracotta, brick, and limestone façade, a dramatic marble lobby with a 30-foot ceiling, and intricate detailing, including a fan window and a tablet inscribed with the Hippocratic Oath.
Residences at Rutherford Place are unique, offering a variety of layouts—including duplexes and triplexes—with soaring ceilings up to 17 feet. The pet-friendly building provides full-service amenities, including a 24-hour doorman, on-site valet and housekeeping, laundry on every floor, bike storage, and a brand-new rooftop fitness room. A beautifully landscaped furnished roof terrace offers breathtaking views of historic Stuyvesant Square Park and the downtown skyline.
Perfectly positioned near Union Square, residents enjoy easy access to top-tier dining at Gramercy Tavern, Cosme, and Union Square Café, as well as convenient shopping at Trader Joe’s, Whole Foods, and the Union Square Farmers Market. With multiple subway lines nearby, Rutherford Place offers an unparalleled blend of historic charm, architectural significance, and modern convenience in one of Manhattan’s most coveted neighborhoods.
Explore off-market possibilities at Rutherford Place – inquire to find out about residences with owners open to private offers!
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Year
Avg Price / Ft2 (Est)
Median Price / Ft2 (Est)
Avg. Actual Price
Med. Actual Price
Transactions
2025
-
-
-
-
0
2024
$1,775
$1,529,375
$1,683
$1,567,500
4
2023
$1,453
$1,666,250
$1,478
$1,650,000
8
2022
$1,286
$1,484,750
$1,273
$1,590,000
4
2021
$1,713
$1,855,000
$1,554
$1,725,000
5
2020
$1,453
$1,859,375
$1,439
$1,768,750
4
2019
$1,601
$1,527,500
$1,485
$1,475,000
4
2018
$1,670
$1,765,000
$1,570
$1,830,000
9
2017
$1,518
$1,886,242
$1,502
$1,854,336
6
2016
$1,568
$1,682,716
$1,542
$1,645,000
11
2015
$1,487
$1,715,959
$1,503
$1,637,055
24
2014
$1,404
$1,489,649
$1,319
$1,476,463
35
|
Year
Avg Price / Ft2 (Est)
Median Price / Ft2 (Est)
Avg. Actual Price
Med. Actual Price
Transactions
2013
$1,342
$1,257,900
$1,382
$1,212,500
12
2012
$1,245
$1,562,875
$1,318
$1,592,500
4
2011
-
-
-
-
0
2010
-
-
-
-
0
2009
-
-
-
-
0
2008
-
-
-
-
0
2007
$1,171
$1,189,710
$1,185
$1,170,987
13
2006
$1,183
$1,138,126
$1,189
$1,176,153
17
2005
$1,087
$1,100,000
$1,087
$1,100,000
1
2004
$759
$825,000
$759
$825,000
1
2003
-
-
-
-
0
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