Gramercy Park, Manhattan

261 1st Avenue

A 8-unit mid-rise built in 1910 in Gramercy Park, Manhattan. We've seen 8 listings here since August 2026, with a two-bedroom asking a median of $5,800.
  • Built 1910
  • 8 units
  • Rent-stabilized units on record
  • Updated October 2026
2 bedrooms ask
$5,800
median
Listings seen
8
since Aug 2026
Stabilized units
1
2 in 2007
HPD violations
3
last 12 months
Asking rents

What apartments at 261 1st Avenue ask

Median asking rent by size across 8 listings seen between August 2026 and October 2026. From public rental listings Buzzedin tracks on StreetEasy, NYBits, LeaseBreak and others. Asking rents, not signed leases.

  • 2 bedrooms$5,800$5,450 to $6,3008 listings
Rent stabilization

Rent-stabilized units on record

Unit counts from NYC tax records, via JustFix's Who Owns What.

Latest

1

In 2007

2

Units

8

This means the building has rent-stabilized units, not that every apartment in it is stabilized or carries a legal rent. Always check a unit's status and rent history with DHCR before signing a lease.

Building conditions

3 HPD violations in the last 12 months

Housing code violations issued by NYC HPD, by class. Data as of October 2, 2026.

Class C

3

Immediately hazardous

Class B

0

Hazardous

Class A

0

Non-hazardous

12 open violations · 10 complaints in 12 months · 0 eviction filings in 12 months

Ownership

Who owns the building

From NYC HPD registration records, via JustFix's Who Owns What. Company names only.

Owner
15th Associates LLC
Portfolio
86 buildings · 2,449 units
Features

What listings here mention

Building features that most listings at this address report.

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Nearby

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FAQs

Common questions

Is 261 1st Avenue rent-stabilized?
NYC tax records list 1 rent-stabilized units at 261 1st Avenue (2 in 2007). That means the building has rent-stabilized units, not that every apartment in it is stabilized. Confirm a specific unit's status and rent history with DHCR before signing a lease.
How much is rent at 261 1st Avenue?
Across 8 public rental listings Buzzedin tracks on StreetEasy, NYBits, LeaseBreak and others between August 2026 and October 2026, median asking rents were $5,800 for a two-bedroom. These are asking rents from listings, not signed leases.
Who owns 261 1st Avenue?
NYC HPD registration records link 261 1st Avenue to 15th Associates LLC, which is associated with 86 buildings and 2,449 units in NYC. Ownership data comes from JustFix's Who Owns What.
How many HPD violations does 261 1st Avenue have?
HPD issued 3 violations at 261 1st Avenue in the last 12 months, including 3 class C (immediately hazardous), and 12 are currently open. Data as of October 2, 2026.