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Manhattan / Gramercy / 10010

385 1 AVENUE

Recorded on the Digital Tax Map as 385 FIRST AVENUE CONDOMINIUM.

Boro1
Block928
Lot7505
BBL1009287505
Class RM
Residential units
114
Units in total
117
Storeys
20
Year built
2002
Last alteration on file
2016
Recorded transfers
135 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
1 Jun 2026$1,180,00014ASINGLE RESIDENTIAL CONDO UNITDEED
27 Feb 2026$3,0552HSINGLE RESIDENTIAL CONDO UNITRPTT&RET
12 Jan 2026$950,0007FSINGLE RESIDENTIAL CONDO UNITDEED
16 Dec 2025$950,00011ASINGLE RESIDENTIAL CONDO UNITDEED
15 Aug 2025$975,00011FSINGLE RESIDENTIAL CONDO UNITDEED
31 Jul 2025$960,0008FSINGLE RESIDENTIAL CONDO UNITDEED
20 Jun 2025$1,510,0002BSINGLE RESIDENTIAL CONDO UNITDEED
16 Jun 2025$990,0006HSINGLE RESIDENTIAL CONDO UNITDEED
18 Mar 2025$999,0007HSINGLE RESIDENTIAL CONDO UNITDEED
9 Jan 2025$1,625,0004BSINGLE RESIDENTIAL CONDO UNITDEED
12 Aug 2024$1,100,0002HSINGLE RESIDENTIAL CONDO UNITDEED
24 Apr 2024$1,150,00018BSINGLE RESIDENTIAL CONDO UNITDEED
24 Jul 2023$1,230,00014FSINGLE RESIDENTIAL CONDO UNITDEED
19 Apr 2023$1,625,0008BSINGLE RESIDENTIAL CONDO UNITDEED
24 Mar 2023$995,00010HSINGLE RESIDENTIAL CONDO UNITDEED
15 Jul 2022$970,0002FSINGLE RESIDENTIAL CONDO UNITDEED
7 Apr 2022$995,00010GSINGLE RESIDENTIAL CONDO UNITDEED
6 Jan 2022$1,550,0002BSINGLE RESIDENTIAL CONDO UNITDEED
25 Aug 2021$980,0002HSINGLE RESIDENTIAL CONDO UNITDEED
18 May 2021$1,530,12512BSINGLE RESIDENTIAL CONDO UNITDEED
13 May 2021$1,595,00016DSINGLE RESIDENTIAL CONDO UNITDEED
23 Mar 2021$1,650,00016FSINGLE RESIDENTIAL CONDO UNITDEED
4 Feb 2021$2,180,00020CSINGLE RESIDENTIAL CONDO UNITDEED
25 Jan 2021$1,529,10710BSINGLE RESIDENTIAL CONDO UNITDEED
23 Nov 2020$1,529,10711BSINGLE RESIDENTIAL CONDO UNITDEED
2 Nov 2020$1,495,0009BSINGLE RESIDENTIAL CONDO UNITDEED
26 Oct 2020$1,750,00017ASINGLE RESIDENTIAL CONDO UNITDEED
25 Jun 2020$1,920,00012ESINGLE RESIDENTIAL CONDO UNITDEED
24 Jun 2020$1,626,8593ESINGLE RESIDENTIAL CONDO UNITDEED
10 Jun 2020$1,795,00018ASINGLE RESIDENTIAL CONDO UNITDEED
20 Apr 2020$1,675,00020BSINGLE RESIDENTIAL CONDO UNITDEED
30 Jan 2020$1,900,00011ESINGLE RESIDENTIAL CONDO UNITDEED
27 Jan 2020$1,995,00015FSINGLE RESIDENTIAL CONDO UNITDEED
8 Jan 2020$1,065,0003ASINGLE RESIDENTIAL CONDO UNITDEED
24 Dec 2019$1,988,3382ESINGLE RESIDENTIAL CONDO UNITDEED
1 Nov 2019$1,145,0005ASINGLE RESIDENTIAL CONDO UNITDEED
13 Sep 2019$1,695,0002BSINGLE RESIDENTIAL CONDO UNITDEED
13 Sep 2019$1,087,0002GSINGLE RESIDENTIAL CONDO UNITDEED
28 Jun 2019$1,700,0008BSINGLE RESIDENTIAL CONDO UNITDEED
28 Jun 2019$4,416,90315CSINGLE RESIDENTIAL CONDO UNITDEED
135 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.

By year

YearTransfersMedian recordedLowestHighest
20263$950,000$3,055$1,180,000
20257$990,000$950,000$1,625,000
20242$1,125,000$1,100,000$1,150,000
20233$1,230,000$995,000$1,625,000
20223$995,000$970,000$1,550,000
20216$1,562,563$980,000$2,180,000
202010$1,712,500$1,065,000$1,995,000
201924$1,767,500$995,000$5,143,311
201823$1,219,559$1,045,000$2,079,980
201754$1,151,778$898,810$2,021,000
02

The building on the lot

Section through the lot

LOT 9,875 SQ FT20
Drawn from PLUTO: 20 storeys, 114,544 sq ft of building on 9,875 sq ft of lot, an average floor plate covering 58% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
9,875 sq ft
Building area
114,544 sq ft
Residential area
105,245 sq ft
Commercial area
9,299 sq ft
Office area
-
Retail area
9,299 sq ft
Buildings on the lot
1
Built floor area ratio
11.6
Residential FAR permitted
10
Zoning district
C1-9A
03

Assessment

Assessed land value
$1,422,011
Assessed total value
$25,158,161
Exempt value
$69,815
Assessed per residential unit
$220,686

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
RM
Neighbourhood
Gramercy
ZIP code
10010
Community district
Manhattan 6
Council district
2
Coordinates
40.736782, -73.979024

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Gramercy

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
10 UNION SQUARE EASTRM6451988570$1.21m
401 1 AVENUED451019703$1.76m
381 2 AVENUERX3391931349$695k
143 EAST 23 STREETD632619281-
205 3 AVENUED43261964389$715k
329 2 AVENUED629219633-
130 EAST 18 STREETD42711962236$735k
195 3 AVENUED42701973251$950k
267 3 AVENUED42641962270$723k
382 2 AVENUED42621965232$575k
145 EAST 15 STREETD42481959244$710k
166 3 AVENUED623119630-

Every building on file in Gramercy