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385 1ST Avenue · 11D

Gramercy · condo
385 1ST Avenue
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Listing courtesy of Corcoran Group.

About this home

Residence 11D at CODA presents a compelling opportunity to acquire a beautifully appointed one-bedroom condominium with immediate income in place. The residence is currently occupied by a tenant paying $4,800 per month, offering investors a seamless, income-producing acquisition in one of Downtown Manhattan's most desirable full-service buildings.

Floor-to-ceiling windows fill the home with natural light and create an airy backdrop for the spacious living and dining area. The thoughtfully designed layout begins with a gracious entry foyer and generous closet space, providing both privacy and functionality.

The open kitchen is finished with sleek Italian lacquer cabinetry, honed marble countertops and backsplash, and a premium appliance package featuring Sub-Zero and Bosch. Hardwood floors, central climate control, excellent storage and an in-unit washer and dryer complete the residence.

CODA is a contemporary full-service condominium offering a 24-hour attended lobby, live-in resident manager, fitness center, landscaped courtyard, furnished roof terrace, elevators and available private storage. The building is pet-friendly and ideally positioned near Gramercy Park, Madison Square Park, Flatiron and Union Square, surrounded by some of Manhattan's best restaurants, shopping and transportation.

With a strong tenant already in place, Residence 11D offers immediate cash flow, low-maintenance ownership and long-term value in a highly sought-after Manhattan location.

Features

  • BikeStorage
  • FitnessCenter
  • Storage
  • BuildingRoofDeck
Source
Cotality Trestle · REBNY RLS · MLS #1179453017

©2026 The Real Estate Board of New York, Inc. All rights reserved. Listing information is from various brokers who participate in the Real Estate Board of New York Listing Service. The information provided herein is deemed reliable but not guaranteed and should be independently verified.

385 1ST Avenue · 11D · Denza