- Type
- Cooperative
- Units
- About 260
- Pets
- Set by the cooperative's house rules
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Subletting by shareholders
- Permitted with conditions
- Doorman
- Full-time doorman
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median, 2023–2026
- $583K
- 16 qualifying sales
- Recent range
- $340K – $1.4M
- Listing discount
- 2.9%
- Recorded transfers
- 253
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 382 Second Avenue 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.
382 Second Avenue is a large postwar cooperative anchoring the southern edge of Gramercy, where the neighborhood meets the East 20s and the corridor begins its transition toward the East Village and Stuyvesant Square. Buildings of this size and era — full-block-adjacent postwar co-ops with several hundred apartments — are the backbone of middle-market Manhattan ownership. Compare actual apartment prices and carrying costs with matched prewar and condominium sales; building type alone does not establish a discount.
For buyers, the building represents the classic Gramercy-fringe value trade: proximity to Gramercy Park, the East 20s, and the quiet residential blocks of Stuyvesant Square, at cooperative pricing that rewards owner-occupiers willing to work within board structure. The size of the building also matters — a large share-count cooperative generally spreads operating costs across many units, which can support comparatively stable maintenance.
Architecture and unit composition
382 Second Avenue is a mid-century postwar cooperative — a masonry residential building of the type that defined apartment construction in the 1960s, with practical, well-proportioned layouts and the solid bones characteristic of the era. The apartment mix runs to studios, one-bedrooms, and two-bedrooms sized for owner-occupancy rather than trophy entertaining. Postwar co-ops of this vintage typically offer good light and sensible room counts; ceiling heights and window proportions are mid-century rather than prewar, and finish condition varies apartment by apartment depending on when each unit was last renovated.
Building operations
382 Second Avenue operates as a cooperative, with a single monthly maintenance charge per apartment that bundles the building's operating costs and the unit's share of the underlying mortgage and real estate taxes. As a large postwar co-op, the building is governed by a board that reviews purchases and sets house rules; buyers should expect a board-approval process and should review the building's financial statements, maintenance history, any assessments, and the underlying mortgage as part of diligence.
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Subletting by shareholders
- Permitted with conditionsRestrictedSource: The Roebling Team's building profile
- Pied-à-terre ownership
- Not verified
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Own an apartment here? Request an apartment-specific pricing review.
Monthly carrying charges in recent sales
- Maintenance, per room
- $514 per room a monthMedian of 22 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Maintenance, per square foot
- $2.38 per square foot a monthMedian of 3 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Maintenance as recorded with each sale. A co-op's maintenance already covers the building's real estate taxes and the building's own mortgage, if it has one; add your own loan payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: recent listing records
- Concierge
- YesSource: recent listing records
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
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.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $101,447/yr
- Per unit / month range
- $0 – $32
- Modeled exposure split equally across 262 units (the residential count on the city's lot record). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the inspector (QEWI) identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Recent sales
382 Second Avenue transfers through cooperative shares. Compare total apartment prices against recent in-building and comparable-building co-op sales, adjusting for floor, exposure, light, layout, renovation condition and maintenance. Price per room can supplement that work when room definitions are consistent; price per square foot can also help when reliable, comparably measured interior areas are available. Neither metric follows automatically from tenure, and a discount to other building types requires matched sales evidence.
Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Sep 16, 2026 | 7S | 1 BR · 1 BA | $600,000 | +0.0% | |
| Jul 13, 2026 | 3PR | 3 BR · 2 BA · 1,500 sf | $1,369,320 | $913/sf | -1.8% |
| Jun 15, 2026 | 12S | 1 BR · 1 BA | $620,000 | -0.8% | |
| May 15, 2026 | 8R | 1 BR · 1 BA · 750 sf | $569,000 | $759/sf | -2.7% |
| May 6, 2026 | 4CD | 2 BR · 2 BA | $1,160,000 | +0.9% | |
| May 1, 2026 | 6E | 2 BR · 1 BA | $850,000 | -2.9% | |
| Jan 12, 2026 | 12H | 1 BA | $473,000 | -13.8% | |
| Nov 6, 2025 | 9V | 1 BR · 1 BA | $525,000 | -5.4% |
Market read. Most recent trades (2026 to date) cleared a median $840/sf (floor-adjusted) across 2 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 2.7% 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Aug 5, 2013 | 6J | $689,000 |
| Dec 9, 2009 | 2L | $310,000 |
| Dec 9, 2009 | 9W | $289,000 |
| Oct 7, 2006 | 11A | $637,000 |
| Oct 15, 2003 | 11A | $305,000 |
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 1-00928-0001). 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; square footage on co-ops is not officially recorded, figures shown are approximate.
Closed rents at 382 Second Avenue, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| Studio | 5 | $3,600 |
| 1 bedroom | 8 | $4,100 |
| 2 bedroom | 3 | $6,250 |
Also $78 per sq ft per year (6 leases that report square footage). 16 closed sublet leases, October 2023 to September 2026. Most recent lease April 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at 382 Second Avenue and nearby.
At the recent median sale of $569K (17 transfers in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $10,684 to close, or 1.9% of the price.
- Mansion tax: $0
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $10,684
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
Keep up with 382 Second Avenue and its market
The Roebling Report, monthly: Manhattan sales data and analysis, including buildings like 382 Second Avenue. Unsubscribe anytime.
We’ll use your email for The Roebling Report and note your interest in this building. See our privacy policy.
What to know if you’re buying
This is a board-approved cooperative. Expect a financial review, a board package, and an interview. Cooperative ownership generally restricts pied-à-terre, investor, and subletting use; confirm current policy and any flip tax with the managing agent before committing.
Compare the whole apartment. Capture layout, room count, floor, exposure, renovation condition and maintenance. Use $/room only with consistent room definitions, or $/sf where interior areas are reliable and comparable.
Maintenance is the carrying number. Review the monthly maintenance, the building's financial statements, the underlying mortgage, reserve position, and any assessment history. In a large postwar co-op, operating economics across many units are central to value.
Mansion tax applies at $1M or more. Run any prospective purchase through the Mansion Tax Calculator.
What to know if you’re selling
Buyer qualification matters early. In a cooperative, the strongest offer is the one most likely to clear the board; financial strength and a clean package are as important as price.
Position on rooms and condition. Room count, light, exposure, and renovation state separate comparable apartments; price to where a specific unit sits within that range.
Set expectations on timeline. Include board approval when setting the contract-to-close schedule.
Comparable buildings
If you're considering 382 Second Avenue, also evaluate:
- 111 East 14th Street — nearby corridor building at the Gramercy/East Village edge
- 115 East 9th Street — large postwar cooperative; comparable governance and carrying-cost profile
- 34 Gramercy Park East — the corridor's prewar co-op trophy reference point
- 50 Park Avenue — Murray Hill cooperative; corridor peer
- 160 East 38th Street — Murray Hill cooperative; comparable postwar value profile
More Gramercy buildings
- 333 East 14th Street — 1965 co-op
- 340 East 23rd Street (Gramercy Starck) — 2007 condominium
- 350 East 18th Street (The Florian) — 2025 condominium
- 385 First Avenue — condominium
- 419 Park Avenue South — condominium by Hill West Architects
- 567 Second Avenue — condominium by CetraRuddy Architects
The neighborhood
For the full corridor — architecture, transit, and pricing across Gramercy — read The Roebling Team Guide to Gramercy.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
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 382 Second Avenue?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com