385 First Avenue nyc
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Lease Apartment 385 First Avenue

Rent Apartment 385 First Avenue Property Overview

Building Address: 385 First Ave, New York NY 10010
Building Name: Post Luminaria
Building Alternate Address: 385 First Ave
Zip Code:10010
Neighborhood:Gramercy Park
Borough:Manhattan
Stories:20
Year Built:2002
Building Class:A


CODA, located at 385 First Avenue in Manhattan's Gramercy Park, is a 20-story glass and limestone building. Originally completed in 2002 as a rental building by The Clarett Group of New York and Post Properties of Atlanta, it was designed by Gerner Kronick + Valcarcel. The building was later converted into a condominium by Magnum Real Estate Group in 2016, with D'Apostrophe Design overseeing the transformation of its units and communal spaces.

The building features bright, functional units and modern amenities, including a landscaped roof deck, a state-of-the-art fitness center, a residents' lounge, and on-site parking. Its prime location offers easy access to several subway lines and nearby attractions like Union Square and the Flatiron District.

CODA's transformation included enhancing its spaces to be "super bright and very functional," making it an attractive choice for homebuyers seeking modern living in a vibrant neighborhood.

CODA at 385 First Avenue is a 21-story condominium located in the heart of Gramercy Park, Manhattan, NYC. Developed by Magnum Real Estate Group, it offers a blend of modern design and classic touches. The building features a range of amenities including a 24-hour doorman, a state-of-the-art fitness center, a landscaped roof deck, and a residents' lounge.

The neighborhood provides easy access to upscale restaurants, trendy cafes, and boutique shops. Nearby green spaces include Gramercy Park and Union Square. Public transportation options are readily available with several subway lines nearby.

CODA is known for its bright, airy residences and prime location, making it an attractive choice for those seeking elegance and centrality in Manhattan.


CODA at 385 First Avenue offers a range of luxurious amenities to enhance the resident experience:

  • 24-hour doorman and attentive staff for excellent service and security
  • Landscaped roof deck with stunning city views and comfortable seating
  • State-of-the-art fitness center
  • Residents' lounge with a fireplace and media room
  • Bicycle storage
  • On-site parking
  • Private storage
  • Pets allowed

CODA at 385 First Avenue, Manhattan, NYC, is a 21-story condominium building. It features a range of amenities including a 24-hour doorman, gym, and rooftop terrace. The building is located in the heart of Gramercy Park, offering residents a vibrant and cultured neighborhood experience.


Internet Providers at 385 First Ave, Manhattan, NYC:

  • Verizon Fios: Known for high speeds up to 2 Gbps and reliable service.
  • Astound Broadband Powered by RCN: Offers both cable and fiber services with unlimited data.
  • Spectrum: Provides cable internet with speeds up to 1 Gbps and no data caps.

Located at 385 First Avenue, Manhattan, NYC, CODA is situated in the heart of Gramercy Park. The building is near several transportation options:

  • Subway Lines: The 6 train at Astor Place and the N and R trains at 3rd Avenue provide convenient access to the rest of Manhattan.
  • Airports:
    • Laguardia Airport is approximately 8.8 miles away, about an 18-minute drive.
    • Newark Liberty International Airport is about 15.7 miles away, roughly a 24-minute drive.

Cross Streets: CODA is located near the intersection of 1st Avenue and East 23rd Street, offering proximity to both Gramercy Park and Union Square.

Nearby Office Tenants Leased
  • Enfatico leased 98,175 SF at 11 Madison Ave
  • LivingSocial leased 60,405 SF at 101 Fifth Ave
  • Yext leased 58,194 SF at 1 Madison Ave
  • Empire Office leased 26,700 SF at 105 Madison Ave
  • Eileen Fisher leased 19,000 SF at 111 Fifth Ave
  • Cadogan Management leased 11,000 SF at 149 Fifth Ave
  • Hunter Roberts Interiors leased 10,000 SF at 102 Madison Ave
  • Dr. David Colbert MD, PC leased 7,000 SF at 119 Fifth Ave
  • Jennifer Connelly Public Relations leased 3,300 SF at 135 Fifth Ave
  • Wedding Atelier leased 3,100 SF at 103 Fifth Ave

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ConnectivCorp testimonial
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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
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Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
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Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
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Cost Savings: They negotiate rental price and identify/abate "hidden costs."

Why Optimal Spaces –
Tenant Broker

  • No fee for clients renting space.
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  • Save 15–20% on your business costs.
  • Save 100–200 hours of research.
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  • Specialized real estate expertise.

Alone or with other broker

  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
Landlord Rep (Listing Agent) — Fiduciary Duty: Landlord. Highest rent, best terms for landlord.
Tenant Rep (Tenant Broker) — Fiduciary Duty: Tenant Only. Lowest rent, best terms for tenant. Levels the playing field.
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
Landlord pays the broker fee — free expert representation for the tenant.
Access to hidden inventory: off-market listings, subleases, and future availabilities via broker databases and networks.
Negotiating beyond base rent: free rent, TI allowance, OPEX caps, and lease flexibility for renewal or expansion.
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Tenant broker handles searching, scheduling, and RFPs — your outsourced real estate department with curated options and timeline management.
Mitigating risk: spotting pitfalls in LOI and lease such as restoration clauses and holdover penalties.
Summary: Don’t rely on the landlord’s agent. A tenant broker is your advocate, provides better data, negotiates a complete package, and typically costs you nothing.
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