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$975,000
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Property Description
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.
Full Property Details
Full Property Details for 385 1st Ave #11D
General
- Price: $975,000
- HOA FEE: $920/month
- Status: Active
- Type: Apartment
- Source: REBNY
- MLS ID: RLS20108367
- Updated: 8/10/2026
- Added to Site: 17 day(s) ago
Interior
- Number of Rooms: 3
- Appliances: Washer Dryer Allowed
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Building Other, Washer Hookup, In Unit
Additional Information
- Pool: Yes
- Pool Description: Building None
Exterior
- Exterior Features: Building Roof Deck
Parking
- Garage: Yes
Location
- County: New York
- Subdivision: Gramercy Park
- Building Name: Coda
Community
- Pets Allowed: Yes
Structural Information
- Structure Type: High Rise
- Basement Desc.: Other
- Stories/Levels: 21
- Square Feet: 657
- Living Area: 657 Sq. Ft.
- Year Built: 2002
- Other Struct. Feat.: Bike Storage, Fitness Center, Storage
Lot Features
- Property View: City
- Zoning: C1-9A
Financial Considerations
- Association Fee: $920
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 0928-1668
- Block: 928
- Lot Number: 1668
Listing Courtesy of Corcoran Group
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Schools
Schools serving 385 1st Ave #11D
School District:New York City Geographic School District 02
| Name | Grades | Distance |
|---|---|---|
P.S. 40 Augustus St.-Gaudens 320 East 20th Street, New York, NY 10003 | 4-5 | 0.2 mi |
Jhs 104 Simon Baruch 330 East 21st Street, New York, NY 10010 | 7-8 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 385 1st Ave #11D
Date
Details
Price
Change
Source
8/10/2026
Listed
$975,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 385 1st Ave #11D
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,506
—
$119,075
3%
2025
$14,506
1%
$116,052
1%
2024
$14,365
-3%
$114,902
-3%
2023
$14,820
2%
$118,537
-1%
2022
$14,472
3%
$119,690
5%
2021
$14,033
-5%
$114,396
-10%
2020
$14,800
8%
$126,650
2%
2019
$13,759
3%
$123,803
4%
2018
$13,416
8%
$119,479
6%
2017
$12,428
—
$113,101
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 385 1st Ave #11D
385 1st Avenue #11D, New York, NY 10010 (MLS# RLS20108367) is a Apartment property with 1 bedroom and 1 full bathroom. 385 1st Avenue #11D is currently listed for $975,000 and was received on August 10, 2026. Want to learn more about 385 1st Avenue #11D? Do you have questions about finding other Apartment real estate for sale in New York? You can browse all New York real estate or contact a Coldwell Banker agent to request more information.

