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385 3rd Ave

Kips Bay, New York, NY
Floors
18
Total Size
63,277 sqft
Lot Size
0 acres
Year Constructed
2008
Year Renovated
0
Number of Buildings
1

About 385 3rd Ave

Containing rentable office space on the ground level and 17 stories of residential space above, this high-rise building meets multiple needs in the Gramercy neighborhood. The property is of new construction, with construction ending in 2008, and is situated at 385 3rd Avenue in Manhattan, New York.

The square footage of this building is divided into 49 studio and one-bedroom apartments and a 3,088-square foot commercial space. Separate doors access the two different sections of the structure. There is a basement in the building that provides a convenient storage option for tenants.

Wide open space makes the retail unit of 385 3rd Avenue extremely easy to customize for any business's needs. Tenants have the option to hang facade signage or an awning to fully advertise the business within the space. With glass double doors and tall windows, natural light fills the unit.

Both stairs and elevators are offered to upper floor tenants via a separate entrance. Because this is meant to be a senior living building, the minimum age for residency is 62. This structure is located in a convenient area that is near subway lines, stores and restaurants, which puts residents in the center of New York's action.

Featuring subtle linear details down the center of the building and between each story, 385 3rd Avenue has a traditional look with hints of modern flair. There is one setback above the 13th floor for added character.

Internet Providers for 385 3rd Ave

Provider Technology Max Download Speed Max Upload Speed
RCN Cable
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
50 Mb/s
50 Mb/s
Verizon New York DSL
6 Mb/s
1.5 Mb/s

The Neighborhood: Kips Bay

Most listings are in the $60's per square foot per year. The Kips Bay region is seeing a a rise in rates. In the last 3 months, the median rate rose $62 per sqft per year.

Compared to the rest of the New York City market, the Kips Bay region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Median Rate Median Size
Kips Bay $69
/sqft/yr
3,710
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,300
sqft

Median Rate over Time in Kips Bay