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205 3rd Avenue 5VNew York, NY 10003

For Sale

$695,000

Smart Buyer Rebate $4,875

Architect's Dream with Stunning Custom Design

This one-of-a-kind home has been meticulously designed with a rare level of attention to detail, offering both striking architectural elements and exceptional functionality. From the chef's kitchen with its dramatic waterfall island to the abundance of custom storage solutions and bespoke finishes, every inch of this apartment has been thoughtfully crafted.

Highlights include:
Chef's kitchen featuring Corian quartz waterfall island and countertops, a 28" Franke sink with MGS faucet, Wolf cooktop, Bosch oven and dishwasher, gloss white floor-to-ceiling cabinetry, and under-cabinet lighting.
Exceptional storage with nearly 20 closets and cabinets plus clever hidden compartments for slim items-no space is wasted.
Sophisticated living design with a separate sleeping area enclosed by soft-close pocket doors with custom Sugatsune hardware.
Luxurious finishes throughout, including luxury hardwood PID floors, Allied Maker lighting, USB power fixtures, and custom bedroom cabinetry with built-in bedside nooks.
Spa-quality bathroom with an oversized Robern medicine cabinet, Graff faucet, Japanese Toto Washlet, custom clerestory bathroom window for natural light, and a Carrara marble hex mosaic niche.

This rare home is as practical as it is beautiful-seamlessly blending architectural elegance with modern comfort.
Set within Gramercy Park Towers-one of the most sought-after full-service co-ops in the neighborhood. Residents enjoy white-glove amenities including a 24-hour doorman, concierge, newly upgraded fitness center, stunning landscaped roof deck and garden, and on-site garage with direct building access.
Perfectly located near Union Square, top dining, shopping, and major transportation.
Pets Allowed. No pieds-a-terre.

Listed by Elaine Mayers

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Corcoran Group

·

(917) 319-7828

Listed by Jonathan Andrew

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Corcoran Group

Last updated January 24, 2026

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Source: REBNY #RLS20068077

Listing Facts

  • TypeCo-op
  • NeighborhoodGramercy Park
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu9
  • HOA/Maint. Fees$1,326/month
  • Size600 sqft
  • Price per sqft$1,158

Amenities

  • Private Outdoor Space

Location

Mortgage Calculator

Listing History

01/21/2026
Listed by Corcoran Group
$695,000

Estimated Closing Costs

Total
$9,500
Attorney Fees
$4,000
Bank Attorney
$1,500
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $695,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 205 3rd Avenue 5V

Association

Amenities

  • Pets Allowed: Building Yes, No
  • Concierge: Doorman Yes

Fees

  • Association Fee: $1,326.00 Monthly

Financial

  • Flip Tax: 2.0%
  • Flip Tax Remarks: Paid By Seller

Exterior

Construction

  • Number Of Units Total: 326
  • Stories Total: 20
  • Structure Type: High Rise
  • Year Built: 1964
  • Building Name: GRAMERCY PARK TOWER
  • Entry Level: 5

Features

  • Building Features: Elevator(s)
  • View: City

Financial

Taxes

  • Parcel Number: 0899-0001-00205-000-000005V

Interior

Measurements

  • Living Area: 600
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
  • Rooms Total: 3

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Gramercy Park
  • Tax Block: 00899
  • Tax Lot: 0001

Parking

Parking

  • Garage: Yes

Frequently Asked Questions

How many bedrooms and bathrooms does this co-op have?

There is 1 bedroom and 1 bathroom in this co-op at 205 3rd Avenue 5V.

How does 205 3rd Avenue 5V compare to other co-ops in Gramercy Park?

This co-op is listed 46% below the average price for co-ops in Gramercy Park and has been on the market for 116 less days than the typical home in this area.

What building or home owners association is the co-op part of?

This co-op is in the Gramercy Park Tower building.

What is the square footage on this co-op?

According to the MLS, this listing is 600 sqft.

205 3rd Avenue 5V is a 1-bedroom, 1-bath co-op for sale in New York NY 10003. Available on Prevu for 9 days at $695,000. This home features 600 square feet of living space, located in Gramercy Park. The median listing price for co-ops in this area is $1,272,500. Property amenities include private outdoor space. View other co-op listings in Manhattan.

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.