Manhattan condos · below 96th $1,632/sf ▴3%Manhattan co-ops · below 96th $271K/room ▴4%Central Park perimeterPark Ave $433K/room ▴3%CPW $482K/roomFifth Ave $529K/roomBillionaires' Row $3,350/sfHell's Kitchen $1,391/sf ▾1%
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Condominium · 2025
The Florian
305 First Avenue, New York, NY 10003
Buildings·Gramercy·Condominium

305 First Avenue

305 First Avenue, New York, NY 10003

Gramercy Park

BBL 1009230035 · BIN 1091805

CorridorGramercy
At a glance
Year built
2025
Type
Condominium
Landmark status
Not an individual landmark
The Roebling Team's building profile
Pets
Pets permitted; species and limits not stated
Doorman
Full-time doorman
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A Private Pricing Opinion — what your apartment at The Florian would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.

As seen inThe Wall Street Journal★ 92 reviews on Google

The Florian is a ground-up luxury condominium at the corner of First Avenue and East 18th Street — a genuinely new full-service building in a Gramercy submarket dominated by prewar co-ops and older rental stock. Developed by T&E Development and Minrav Development and completed in 2025, the 13-story building holds 54 condominium residences and arrived with a clear thesis: deliver new-construction systems, finishes, and amenities at a price point that opens to buyers below the eight-figure trophy tier, with homes that launched from the low seven figures.

The architecture is its calling card. ARC Architecture + Design Studio drew on Art Deco, Moderne, and traditional Japanese influences to give the building a distinctive presence on the block — corner residences feature curved windows, and many homes carry private outdoor space ranging from compact balconies to terraces of more than 300 square feet. The result is a building that reads as designed rather than generic, a meaningful differentiator in a corridor of utilitarian inventory.

For buyers, the appeal is specific: a brand-new condominium, purchased without a co-op board, in a well-connected Gramercy location steps from the L train, Stuyvesant Square, and Union Square's restaurant and retail core.

Architecture and residences

The Florian's facade and massing distinguish it from its neighbors, blending early-20th-century decorative vocabularies with a clean contemporary execution. Inside, the residences are finished to a high specification: ceiling heights up to ten feet, European white oak floors laid in a chevron pattern, and custom kitchens with Arabescato marble islands and a full Sub-Zero, Wolf, and Cove appliance suite. Bathrooms carry a spa-like program — Dekton cladding, walnut vanities with premium stone, and Waterworks fixtures, with fluted-glass showers and deep soaking tubs in primary baths.

The 54 homes run from one to three bedrooms, with sizes spanning roughly 660 square feet for one-bedrooms up to about 1,570 square feet for three-bedrooms, and many residences offering substantial private outdoor space. Smart-home features are standard — keyless entry, in-unit Bosch washer/dryers, and high-efficiency split HVAC with Nest integration. Corner homes with their curved windows are the building's signature layouts.

Amenities and lifestyle

For a building of its size, the Florian's amenity package is deep: a 24-hour doorman and concierge, a fitness center, and a full spa with sauna, jacuzzi, cold plunge, and treatment room. A residents' lounge opens to an outdoor courtyard, and the roof terrace carries an outdoor kitchen with dining and lounge seating and panoramic views. A children's playroom, pet spa, bike room, and resident storage round out the shared spaces, with private indoor parking available for purchase.

The location does the rest. The building sits two short blocks from the L train at First Avenue, with the 4/5/6/N/Q/R and the cross-town network reachable at Union Square a few minutes west. Stuyvesant Square, the Union Square Greenmarket, and the dense Gramercy and East Village restaurant scenes are all within an easy walk — a livable, well-served corner that pairs naturally with a new full-service building.

Ownership and what buyers should know

As a new condominium, the Florian has no co-op board admission. Purchases run through the condominium's application and right-of-first-refusal process rather than a board package and interview. Confirm financing limits and minimum down payment, pied-à-terre, trust, LLC and investment ownership, and subletting and resale rules in the current offering plan, declaration and bylaws. The building is pet-friendly. For buyers who want a brand-new Gramercy home without a co-op board, that is the core of the building's case.

The pricing tier is accessible by new-development standards. Homes launched from the low seven figures, with one-bedrooms entering well under $2M and three-bedrooms in the high threes — a positioning that puts the building within reach of a broader buyer pool than the trophy condominium market. Comparable analysis belongs against the East Side's newest condominium inventory rather than the prewar co-ops nearby.

It is a new building. Completed in 2025 with sales underway, a purchase here is a new-development transaction. The residences are offered under a condominium plan filed with the New York State Attorney General; closing mechanics, common-charge and tax projections, and any remaining finish selections follow that plan. We help buyers read it, benchmark the pricing, and structure the deal.

Pets and in-unit washer/dryer

Pets
Pets permitted; species and limits not statedSource: The Roebling Team's building profile
In-unit washer/dryer
Not verified

Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.

Own an apartment here? Request an apartment-specific pricing review.

The Roebling Team at Compass is a brokerage. We are not the building’s management or its application office.

Building staffing and amenities

Doorman
Full-time doormanSource: The Roebling Team's building profile
Concierge
YesSource: The Roebling Team's building profile
Elevator
YesSource: NYC Department of Buildings elevator records
Amenities noted
Fitness room, spa, residents' lounge, playroom, roof deck, garden, bike storage, storage, pet facilitiesSource: The Roebling Team's building profile

Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.

Recent sales

Recent closings at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.

DateUnitPrice
Feb 11, 2020—$28,500,000
Mar 6, 2017—$27,500,000

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00923-0035; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.

For owners

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Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.

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What to know if you’re selling

The new-construction condominium structure and the design are the marketing core. A 2025 building with a distinctive facade, ten-foot ceilings, marble-and-Sub-Zero kitchens, and a deep amenity suite is a durable differentiator that separates a resale here from the prewar co-op stock that dominates Gramercy.

Benchmark to new condominiums, not the prewar neighbors. The building opened as one of the newest full-service condominiums in the submarket; comparable analysis for a resale belongs against the newest condominium inventory on the East Side and the broader Gramercy and Union Square new-development tier.

Closing mechanics are condominium-standard. A resale clears through a right-of-first-refusal rather than a co-op board process — a faster, more predictable path that is itself a selling point to the financing- and flexibility-minded buyer this building attracts.

Early resales trade on newness and outdoor space. With private terraces and balconies across much of the building and first owners just taking title, the homes with the best outdoor space and corner exposures will lead the early resale market.

Comparable buildings

If you're considering 305 First Avenue, also evaluate these nearby Gramercy and Kips Bay buildings:

More Gramercy buildings

The neighborhood

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

How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.

Considering a move at The Florian?

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Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com