Condominium · 2012
280 Third Avenue
280 Third Avenue, New York, NY 10010
Buildings·Gramercy·Condominium

280 Third Avenue

280 Third Avenue, New York, NY 10010

At a glance
Year built
2012
Type
Condominium
Landmark
No
The Data Room

Every recorded sale at this building, 2014–2026

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$1,857
Listing discount
5.0%
Recorded sales
129
On record
2014–2026

280 Third Avenue — also addressed 160 East 22nd Street — is one of Gramercy's defining modern condominiums: a 21-story tower developed by Toll Brothers City Living and designed by ODA Architecture, with a sleek limestone-and-glass facade that brought contemporary high-rise ownership to a neighborhood otherwise dominated by pre-war co-ops and brownstones. It rises at the corner of East 22nd Street, near Gramercy Park and a short walk from Union Square, giving its 81 residences both the convenience of the avenue and the residential calm of the side streets just east.

For buyers, the appeal is the combination of modern construction, full-service amenities, and condominium flexibility in one of Manhattan's most desirable residential neighborhoods. Where Gramercy's pre-war buildings demand a co-op board and offer dated systems, 280 Third delivers contemporary layouts, an architect-designed facade, and the lighter purchase process and financing latitude of a condominium — with the park-adjacent address that makes the neighborhood coveted.

Architecture and unit composition

280 Third is contemporary architecture with a considered design hand — ODA Architecture gave the 21-story tower a refined limestone-and-glass facade that distinguishes it from both the pre-war masonry around it and the plainer glass towers elsewhere in the city. The upper floors capture light and open views over the low- and mid-rise Gramercy blocks, a scarce commodity in a neighborhood that stays low.

The 81 residences are modern in layout — efficient, light-filled plans designed for contemporary living — ranging from one-bedrooms to larger two- and three-bedroom and combined homes, with the most desirable apartments on the higher floors where the light and views open up. This is move-in-ready, low-maintenance ownership in the heart of Gramercy, with the systems and finishes of new construction, which is precisely what draws its buyers.

Building operations

280 Third operates as a full-service condominium. As a condominium, ownership carries the flexibility the form is known for — financing latitude, pied-à-terre and investor ownership, and a purchase that clears through a right-of-first-refusal rather than a co-op board package and interview. Subletting and resale are governed by the condominium's bylaws; buyers should review the bylaws and house rules for specifics, but the structural advantages of condominium ownership — and the faster, lighter closing path — apply here.

Local Law 97

Carbon-penalty exposure
🟢
Strong — under cap in both periods
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$0 (under cap)
Per unit / month range
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Safe
What this means for you

The facade passed its last inspection with no required repairs — nothing to budget for here, and no facade assessment on the horizon for roughly five years.

Inspection history
2015–20
2020–25
Safe
2025–30
Due
Next report due
by Feb 2028
On record
$106,000 in filing penalties
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.

See the full facade history →

Recent sales

Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.

DateUnitApartmentPricePPSFvs. Ask
Jan 8, 202616A
2 BR · 2 BA · 1,212 sf
$2,525,000$2,083/sf-4.7%
Oct 15, 20254B
1 BR · 1 BA · 694 sf
$1,240,000$1,787/sf-4.2%
Jul 30, 20253D
1 BA · 512 sf
$980,000$1,914/sf-1.9%
Jul 18, 20259A
2 BR · 2 BA · 1,212 sf
$2,300,000$1,898/sf-7.3%
Nov 5, 202410B
1 BR · 1 BA · 722 sf
$1,325,000$1,835/sf-3.6%
Oct 15, 202419A
2 BR · 2 BA · 1,420 sf
$2,995,000$2,109/sfoff-mkt
Sep 4, 20248B
1 BR · 1 BA · 722 sf
$1,325,000$1,835/sf-7.3%
May 31, 202415D
1 BR · 1 BA · 833 sf
$1,610,000$1,933/sf-2.4%

Market read. Most recent trades (2026) cleared a median $1,857/sf across 1 sale. Median listing discount 5.0% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

9C · 1,135 sf+37%
$1,766,654 ($1,557/sf) 2014$2,425,000 ($2,137/sf) 2017
14B · 722 sf+29%
$1,190,324 ($1,649/sf) 2014$1,530,000 ($2,119/sf) 2018
4B · 694 sf+15%
$1,075,262 ($1,549/sf) 2014$1,220,000 ($1,755/sf) 2021$1,240,000 ($1,787/sf) 2025
3C · 1,134 sf+10%
$2,406,990 ($2,123/sf) 2014$2,650,000 ($2,337/sf) 2016
20A · 1,206 sf+8%
$3,054,740 ($2,533/sf) 2014$3,300,000 ($2,736/sf) 2015

Other recent transfers

DateUnitPrice
Nov 19, 201412D$1,549,766
Jul 15, 2011$36,573,875
Sep 5, 2006$11,550,000
View all 129 recorded sales, sortable

Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00877-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.

What to know if you’re buying

The condominium structure is the practical advantage — flexible financing, pied-à-terre and entity ownership, and a faster, lighter purchase than a co-op, which is a meaningful contrast to Gramercy's pre-war co-op stock. Within the building, floor and exposure are the value drivers; the upper floors with open light and views over low-rise Gramercy are the scarce, premium inventory. The location is the long-term anchor: Gramercy Park, Union Square's transit hub, and a deep bench of restaurants and shops are all within a short walk, and the neighborhood holds its appeal across cycles. For buyers who want modern construction and a low-friction purchase in a classic residential neighborhood, this is a strong, liquid option.

What to know if you’re selling

A resale here markets on modern construction, an architect-designed limestone-and-glass facade, full-service amenities, and — for the upper floors — open views that are rare in low-rise Gramercy. Benchmark to other contemporary Gramercy and Flatiron condominiums rather than to pre-war co-ops; the buyer wants modern systems and a low-friction purchase. The condominium closing path is faster and more predictable than a co-op's, which is itself a selling point. Present the home to its strengths — light, views, finishes, and turnkey condition — and price it against the active condominium comparison set.

Comparable buildings

If you're considering 280 Third Avenue, also evaluate these Gramercy, Flatiron, and nearby condominium and full-service peers:

The Roebling Team at 280 Third Avenue

The Roebling Team at Compass works the Gramercy, Flatiron, and Union Square condominium market — buildings where ownership structure, floor and view, and modern systems drive value. We publish this profile so buyers and sellers at 280 Third have building-specific intelligence before they transact.

If you're considering a purchase or sale here, a 30-minute consultation is the right starting point — we'll benchmark the unit, the building, and the comparison set with you.

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Gramercy — read The Roebling Team Guide to Gramercy.

Considering a move at 280 Third Avenue?

Get the full picture on this building.

The full comp set, a private valuation of your line, or current and off-market availability — sent to you directly.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
Considering a sale?

Own an apartment here? See what it would sell for.

A broker’s honest answer to three questions — what your apartment would likely sell for today, what it costs to sell, and what you’d walk away with — for your apartment at 280 Third Avenue, in this market. Put together by a person, not an algorithm.