305 First Avenue

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.

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.

As a new condominium, the Florian offers what its prewar co-op neighbors structurally cannot. Financing is flexible — condominiums do not impose the financing caps common at Gramercy co-ops, and minimum down payment here is the standard 20%. There is no co-op board admissions process — purchases clear through a far lighter right-of-first-refusal rather than a board package and interview. Pied-à-terre, trust, LLC, and investment purchases are customary, and resale and subletting are materially freer than at the surrounding cooperatives. The building is pet-friendly. For buyers who want a brand-new Gramercy home without a co-op board, that combination 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.

Recent sales

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00923-0035) 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.

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.

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

• 305 Second Avenue — full-service building a block west at Stuyvesant Square
• 100 First Avenue — downtown-edge building on the same avenue
• 300 East 23rd Street — Gramercy full-service building nearby
• 305 East 24th Street — Gramercy peer to the north
• 230 East 20th Street — Gramercy residential building
• 200 East 32nd Street — Kips Bay full-service tower