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Updated 1 Day Ago

Highlights

  • Friendly management
  • Elevator building
  • Two spacious bedrooms
  • Premier downtown location

Location

371 1st Ave, New York, NY 10010, USA|Gramercy Park
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Contact

Management

Tri-Hill Management LLC

Leasing office

(646) 485-0910

Property Overview

371 First Avenue Corp. offers strong value with a competitive price rating, impressive amenities, and a prime downtown location that adds everyday convenience. Friendly management, an elevator building, and two spacious bedrooms add to its appeal, while nearby parks, restaurants, event hubs, and access to a top-rated middle school contribute to a lively, well-connected setting.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

7.7
Very Good
371 First Avenue Corp. is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • Middle school nearby
  • Less expensive

Great for

  • Social life

Floor plans

2BR/1.0BA2 bed1 bath$5,000 /mo1 unit availableApartment Features: ✔️ Two Spacious Bedrooms ✔️ Gorgeous West Facing Views ✔️ Big Bathroom ✔️ Great Living Room Layout Building & Neighborhood Features: ✔️ Elevator ✔️ Close to 6 train on 23rd Street ✔️ Near Union Square and Gramercy Park ✔️ Premier Downtown Location ✔️ Friendly Management & Seamless Leasing Process Notes: ✔️ Application Fee: $20.00 ✔️ Renter's Insurance Required ✔️ First Month's Rent and Security Deposit Due Prior to Move-in ✔️ The Photos Depict a Similar Apartment with a Comparable Layout

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Amenities for 371 First Avenue Corp.

Apartment Amenities

Hardwood FloorView

Building

Elevator
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units16

About 371 First Avenue Corp.

HomeApartments in New YorkGramercy Park 371 First Avenue Corp.

Apartment Features: ✔️ Two Spacious Bedrooms ✔️ Gorgeous West Facing Views ✔️ Big Bathroom ✔️ Great Living Room Layout Building & Neighborhood Features: ✔️ Elevator ✔️ Close to 6 train on 23rd Street ✔️ Near Union Square and Gramercy Park ✔️ Premier Downtown Location ✔️ Friendly Management & Seamless Leasing Process Notes: ✔️ Application Fee: $20.00 ✔️ Renter's Insurance Required ✔️ First Month's Rent and Security Deposit Due Prior to Move-in ✔️ The Photos Depict a Similar Apartment with a Comparable Layout


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.7
/10
Very Good
371 First Avenue Corp. is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated 371 First Avenue Corp.
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, 371 First Avenue Corp. is a great option for renters looking for apartments in Gramercy Park. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 371 First Avenue Corp. is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
371 First Avenue Corp. is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 371 First Avenue Corp. does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
371 First Avenue Corp. provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

371 First Avenue Corp. is great for:

Social life

  • 2988 restaurants within 1 mile of this property
  • 10 local event hubs within 1 mile
  • Diverse age groups live in this area
  • Area has 229 parks and recreation options

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 371 First Avenue Corp. compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.1 miles away
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby

Considerations

Lacks images
Fewer than 5 photos available for this property
No in-unit dishwasher
Dishwashers aren't available
No laundry facilities available
This property doesn't offer on-site washers and dryers

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Rent trends in Gramercy Park

2-bedroom apartments at 371 First Avenue Corp. cost about 26% less than the average rent price for 2-bedroom apartments in Gramercy Park.

Median rents as of Oct 24 2026.
Gramercy Park
New York
A table of studio rental data trends in New York
MonthMedian Rent
November 2024$3,516
December 2024$3,527
January 2025$3,569
February 2025$3,563
March 2025$3,643
April 2025$3,747
May 2025$3,800
June 2025$3,772
July 2025$3,757
August 2025$3,791
September 2025$3,807
October 2025$3,812
November 2025$3,800
December 2025$3,798
January 2026$3,790
February 2026$3,794
March 2026$3,837
April 2026$3,855
May 2026$3,886
June 2026$3,867
July 2026$3,850
August 2026$3,844
September 2026$3,865
October 2026$3,900
A table of studio rental data trends in Gramercy Park
MonthMedian Rent
November 2024$3,712
December 2024$3,722
January 2025$3,734
February 2025$3,731
March 2025$3,920
April 2025$3,950
May 2025$4,096
June 2025$4,043
July 2025$3,840
August 2025$3,906
September 2025$3,868
October 2025$4,198
November 2025$4,095
December 2025$3,951
January 2026$3,850
February 2026$3,902
March 2026$4,359
April 2026$4,508
May 2026$4,473
June 2026$4,414
July 2026$4,156
August 2026$3,895
September 2026$4,012
October 2026$4,223

Affordability calculator

Can I afford to live at 371 1st Ave?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$200,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $200,000 annually to afford this 2-bedrooms monthly rent price of $5,000.
For more information on rent affordability, visit our rent calculator.

Schools near 371 First Avenue Corp.

P.S. 40 - Augustus Saint-Gaudens

320 e 20th st

new york, NY, 10003

PK, K-5Public
A

The 47 American Sign Language & English Lower School

223 e 23rd st

new york, NY, 10010

PK, K-8Public
A-

P.S. 226M

345 e 15th st

new york, NY, 10003

PK, K-12Public

New Explorations into Science, Technology & Math School

111 columbia st

new york, NY, 10002

K-12Public
A+

P.S. 212 - Midtown West

328 w 48th st

new york, NY, 10036

PK, K-5Public
A
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Neighborhood

Gramercy Park | New York, NY

NEIGHBORHOOD VIBE
Lively and energetic
You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.

Getting around New York near 371 1st Ave

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

4/10
Roads are accessible, but parking may be a challenge.

Cycling

9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 371 1st Ave, New York

Groceries

10/10
Exceptional variety of groceries within a few minutes' walk

Shopping

10/10
Exceptional variety of shops within a few minutes’ walk

Cafes

10/10
Exceptional variety of cafés within a few minutes’ walk

Restaurants

10/10
Exceptional variety of restaurants within a few minutes’ walk

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

10/10
At least one high school within a 5-minute walk

Parks

9/10
Very large amount of park space within a few minutes' walk

Nightlife

10/10
Exceptional variety of bars right within a few minutes’ walk

Explore the area around 371 1st Ave

D'agostino Supermarkets
355 1st Ave
Morton Williams Supermarkets
311 E 23rd St
Gracefully Incorporated
320 1st Ave
Daily Shop
409 E 14th St
14th Street Candy & Grocery Inc
402 E 14th St

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