What is the rent for a 1-bedroom at 245 PARK AVENUE SOUTH, Manhattan, NY, 10003?

Based on recent listing data, rent for a 1-bedroom at 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 is approximately $5,195 per month.

How does rent at 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 compare to the neighborhood?

Compared to other buildings in the 10003 zip code: 1-bedroom rents are about 48% below the neighborhood median.

Is 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 rent stabilized?

Yes, 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 is rent stabilized with 15 stabilized units. Rent-stabilized tenants have protections limiting annual rent increases and providing lease renewal rights.

When is the cheapest time to rent at 245 PARK AVENUE SOUTH, Manhattan, NY, 10003?

Based on historical listing data, August tends to be the most affordable month to sign a lease at 245 PARK AVENUE SOUTH, Manhattan, NY, 10003, while July is typically the most expensive. Timing your move to August could save approximately 15% compared to peak pricing.

Who is the landlord of 245 PARK AVENUE SOUTH, Manhattan, NY, 10003?

The registered owner of 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 is SP GRAMERCY PROPERTIES LLC. You can view their full portfolio of buildings on Lucid Rents.

Is the landlord of 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 a good landlord?

245 PARK AVENUE SOUTH, Manhattan, NY, 10003, owned by SP GRAMERCY PROPERTIES LLC, has an overall grade of A (4.0/5) on Lucid Rents. The building has 3 recorded violations. Tenants have left 4 reviews. Check tenant reviews for firsthand experiences.

What is the building rating for 245 PARK AVENUE SOUTH, Manhattan, NY, 10003?

245 PARK AVENUE SOUTH, Manhattan, NY, 10003 has an overall grade of A with a score of 4.0 out of 5 on Lucid Rents. This score is based on violations, complaints, and tenant reviews.

Are there violations or complaints at 245 PARK AVENUE SOUTH, Manhattan, NY, 10003?

Yes, 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 has 3 housing violations and 11 complaints on record. Visit the building page on Lucid Rents to see the full history, including violation classes and complaint types.

Are there eviction filings at 245 PARK AVENUE SOUTH, Manhattan, NY, 10003?

Yes, there are 1 eviction record on file for 245 PARK AVENUE SOUTH, Manhattan, NY, 10003. The most recent was in October 2024. Eviction records are public information sourced from city marshal data.

Has 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 had any Department of Buildings violations?

Yes, 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 has 4 Department of Buildings violations on record. These can include issues related to construction safety, building codes, and structural concerns.

What amenities does 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 have?

245 PARK AVENUE SOUTH, Manhattan, NY, 10003 offers 5 amenities including Pet Friendly, Air Conditioning, Dishwasher, Elevator, Pet Friendly. View the full amenity list on the building page.

Does 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 allow pets?

245 PARK AVENUE SOUTH, Manhattan, NY, 10003 lists pet-friendly amenities (Pet Friendly, Pet Friendly). Contact the building management to confirm current pet policies and any breed or size restrictions.

Does 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 have laundry facilities?

Yes, 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 offers laundry amenities: Dishwasher.

What schools are near 245 PARK AVENUE SOUTH, Manhattan, NY, 10003?

There are 10 schools near 245 PARK AVENUE SOUTH, Manhattan, NY, 10003, including 4 public schools, 3 charter schools, 3 private schools. Nearby schools include Manhattan Comprehensive Night And Day High School (8 min walk), P.s. M226 (9 min walk), P.s. M226 (9 min walk), High School For Health Professions And Human Services (9 min walk), Success Academy Charter School - Union Square (4 min walk), and more.

What public transit is near 245 PARK AVENUE SOUTH, Manhattan, NY, 10003?

245 PARK AVENUE SOUTH, Manhattan, NY, 10003 has 4 transit options nearby. The closest include: bus: 3 AV/E 11 ST (M102, M103, M101), 0.44 mi away.

Is 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 safe? What is the crime rate nearby?

The 10003 zip code where 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 is located had 2,349 crime incidents in the past 2 years, including 125 violent crimes, 1,384 property crimes, and 840 quality-of-life incidents. Check the neighborhood report card for 10003 for full details.

When was 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 built and how many units does it have?

245 PARK AVENUE SOUTH, Manhattan, NY, 10003 was built in 1940, has 6 floors, contains 63 total units, 55 of which are residential.

How energy efficient is 245 PARK AVENUE SOUTH, Manhattan, NY, 10003?

245 PARK AVENUE SOUTH, Manhattan, NY, 10003 has an ENERGY STAR score of 1 out of 100 and a site energy use intensity (EUI) of 189.1 kBtu/ft² (2024 data). This suggests there is room for energy efficiency improvement.

What do tenants say about living at 245 PARK AVENUE SOUTH, Manhattan, NY, 10003?

245 PARK AVENUE SOUTH, Manhattan, NY, 10003 has 3 tenant reviews with an average rating of 4.0 out of 5. 0 out of 3 reviewers would recommend this building.

245 PARK AVENUE SOUTH — Rent Intelligence for East Village, NYC

East Village · Manhattan, NY, 10003

Built 19406 floors63 unitsBBL 1008750079

Current rent range

$5,195 – $5,195 / mo

1 bedroom band tracked · sampled from recent listings · rent stabilized

Leave a review

★★★★★4.04 reviews

Verified reviewsSGOwned bySP GRAMERCY PROPERTIES LLC3 bldgs

245 PARK AVENUE SOUTH

Manhattan, NY, 10003

245 PARK AVENUE SOUTH is a mid-century 1940 building, 6 floors, 63 units in East Village, NYC. Owned by SP GRAMERCY PROPERTIES LLC. Public records show 7 open violations, 11 311 complaints on file. Tenant-impact history includes 1 eviction. Rent stabilization on file covers 15 units (registered 2024). Lucid Rents has 4 verified tenant reviews on this building.

HPD violations3last 7 years · class A, B, C

Evictions filed1last 7 years

Tenant reviews44.0 ★ avg

Rent-stab units63DHCR records

Building age86 ybuilt 1940

311 complaints11last 7 years

01 / 10

Rental intelligence.

Neighborhood Median Rent

Manhattan · March 2026

1 BR

$5,195/mo

1 listing

This building is rent stabilized — actual rents typically trade below neighborhood medians.

Seasonal Pattern

Best & worst months to sign a lease

Cheapest

August

Most expensive

July

JFMAMJJASOND

Potential savings: ~15% by timing your move to August.

Rent vs. area median Manhattan

Studio

This building: — – —

—Area: $6,190

1 BR

This building: $5,195 – $5,195

48% belowArea: $9,950

Units Historic Rent 0 listings

—No dataNo recent listings

Neighborhood Rent Range Manhattan

1 Bed1 listing

$9,950

$9,950

Range (P25 – P75)MedianBased on recent listings in Manhattan

01 / 09

Rental intelligence.

01b / 09

Rent trends.

East Village

Quarterly market rent, 2014–2026 (latest = Q1 2026 forecast)

Asking rent

$5,163

current quarter

Effective rent

—

per bedroom only

YoY change

4.3%

asking, vs 1 yr ago

10-year change

33%

asking, since ~'16

Asking rent per bedroom type — switch tabs to see each with effective (concession-net) rent.

01b / 09

Rent trends.

02 / 10

Neighborhood risks.

within 0.75 mi

301 nearby

within 0.75 mi

Public-safety

shelters, methadone, halfway, sex offenders

24/7 Noise

sirens, construction, schools, rail, avenue traffic

Environmental

144

brownfields, industrial zones, sanitation

Block-level

2708

311 noise, rats, bedbug history

Sources: NYC DHS · DOB · 311 · DSNY · FDNY · NYS DCJS · NYS DECSee full report

02 / 10

Neighborhood risks.

02 / 10

Violations, 311, & more.

hpd · dob · 311 · acris
last 7 years

Violation & Complaint Trends

Monthly counts over the last 7 years · all data sources

Worsening

HPDTop Violations

3 total

Paint/Plaster
1
Flooring
1
Door/Lock
1

311Top Complaints

11 total

Noise - Commercial
4
HEAT/HOT WATER
2
Noise - Street/Sidewalk
1
UNSANITARY CONDITION
1
Water System
1

DOBTop Filings

4 total

DOB Violations
4

EvictionsEvictions

1 filed

Evictions filed
1

Violations by Unit

(1 unit)

UnitViolationsOpenLast Inspected

Recent records

Last 7 years

Class ANOV SENT OUTJun 19, 2026
§ 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT ALL WALLS IN THE 2nd ROOM FROM NORTH LOCATED AT APT 2B, 2nd STORY, 1st APARTMENT FROM SOUTH AT WEST
Class CVIOLATION CLOSEDJun 19, 2026
§ 27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE HINGES IN THE ENTRANCE LOCATED AT APT 2B, 2nd STORY, 1st APARTMENT FROM SOUTH AT WEST
Class BCIV14 MAILEDJun 19, 2026
§ 27-2005 ADM CODE PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE WOOD FLOOR IN THE 2nd ROOM FROM NORTH LOCATED AT APT 2B, 2nd STORY, 1st APARTMENT FROM SOUTH AT WEST

See all 3 HPD records

02 / 09

Violations, 311, & more.

03 / 10

What tenants actually say.

4.0 /5

★ ★ ★ ★ ★

4 reviews

5★

4★

100%

3★

2★

1★

Unit 5C Pros: -Amazing Location -Jasmir & Pedro are super responsive & take care of what you need -Key to the park Cons: -Lacking on amenities for the price -Heat is overpowering. It's constantly 100 degrees in the apa…

positiveMar 2024

Anonymous

Pros: Super lives in the building and is super friendly and will help fix any issues with the building or unit. Great location and safe. Cons: Despite being a non-smoking building, some of the tenants who live in the bu…

positiveJul 2023

Anonymous

Pros: The location is great. Super is very helpful. Cons: Very expensive for no doorman or amenities Advice to landlord: Cigarette smoke is gross in hallways

positiveJun 2023

Anonymous

View all 4 reviews

03 / 09

What tenants actually say.

04 / 10

Building amenities.

Building Amenities

4 amenities

BUILDING

Elevator

LAUNDRY

Dishwasher

PET FRIENDLY

Pet Friendly

OTHER

Air Conditioning

04 / 09

Building amenities.

05 / 10

The landlord.

SP GRAMERCY PROPERTIES LLC

Portfolio of 3 buildingsHead officer: RICHARD COHENMail: 1675 BROADWAY, New York, NY, 10019

Portfolio-level grade reflects the landlord's buildings across NYC, weighted by unit count. Individual building grades may differ.

View full landlord profile

buildings

4.0

avg score / 5

A-

portfolio grade

nearby owned

Ownership timeline · this building

ACRIS deeds and regulatory filings

1940Building constructed63 units · 6 floors
nowSP GRAMERCY PROPERTIES LLCOwner of record per HPD registration · manages 3 buildings · registration active through 2026-09-01.

05 / 09

The landlord.

06 / 10

Crime & safety.

10003 · last 12 months

Safety & Crime

Very safeSafety score · last 12 months

NYPD CompStat · updated weekly

LAST 12 MONTHS · 10003

Violent125

Property1,384

Quality-of-life840

Total incidents2,349

07 / 10

About this area.

East Village · 10003

245 PARK AVENUE SOUTH · Manhattan · 40.738° N, -73.988° W

Walk

Transit

Bike

Estimated from nearby transit & amenity data

4 bus stops nearby9 min

7 schools nearby8 min

Nearby Transit

BUS

3 AV/E 11 STM102M103M101
0.4 mi9 min
E 14 ST/2 AVL92M14D-SBSM14A-SBS
0.5 mi9 min
2 AV/E 13 STM15-SBS
0.5 mi9 min
4 AV/E 10 STM1M2M3
0.5 mi10 min

Nearby Schools & Colleges

PUBLIC SCHOOLS

Manhattan Comprehensive Night And Day High SchoolHigh School
0.4 mi8 min
P.s. M226K-12
0.5 mi9 min
P.s. M226K-12
0.5 mi9 min
High School For Health Professions And Human ServicesHigh School
0.5 mi9 min

CHARTER SCHOOLS

Success Academy Charter School - Union SquareK-8
0.2 mi4 min
Success Academy Charter School - Union SquareK-8
0.2 mi4 min
Success Academy Charter High School Of Liberal Arts (bx)Charter
0.7 mi14 min

PRIVATE SCHOOLS

Rebecca SchoolElementary
0.1 mi2 min
Ecole Internationale De New YorkElementary
0.1 mi3 min
Epiphany School (the)Elementary
0.3 mi6 min

The neighborhood

East Village

The East Village is NYC's original counterculture hub — now gentrified but still gritty. Dive bars, ramen shops, and experimental theater sit next to wine bars and boutique fitness studios.

7,285buildings tracked4.1avg LucidIQ$9,950median 1BR

53,877population$153kmedian income64%renters

NightlifeGritty-ChicYoung CrowdFoodieHistoric

Explore East Village

Neighborhood overview

East Village→

Vibe · top buildings · landlords · schools · transit

Crime in 10003

See full breakdown→

Incident type · 6-month trend · vs. New York City average

Rent trends in East Village

Median rent & comparables→

1BR & 2BR averages · month-over-month · current listings

Nearby neighborhoods to explore

Tribeca· 0.45 mi Lower East Side· 0.48 mi Financial District· 0.7 mi Tribeca· 0.95 mi Financial District· 0.99 mi

Browse all NYC neighborhoods

06 / 10

Crime & safety.

07 / 10

About this area.

08 / 10

History of the building.

construction · ownership · permits

At a glance

Year built1940

Floors6

Total units63

Rent-stab units63

ClassD8

BBL1008750079

1940195019601970198019902000201020202030

1940

Building constructed

63 units · 6 floors · class D8

2024

Rent stabilization on file

15 stabilized units registered.

now

Current owner: SP GRAMERCY PROPERTIES LLC

Portfolio includes 3 buildings.

Recent Activity

15 events

HPDLOWJun 19, 2026
HPD Class A Violation — § 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT ALL WALLS IN THE 2nd ROOM FROM
HPDHIGHJun 19, 2026
HPD Class C Violation — § 27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSI
HPDMEDIUMJun 19, 2026
HPD Class B Violation — § 27-2005 ADM CODE PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE WOOD FLOOR IN THE 2nd ROOM FROM NORTH L
311MEDIUMJan 8, 2026
HEAT/HOT WATER — ENTIRE BUILDING
311MEDIUMOct 20, 2025
Noise - Commercial — Loud Music/Party
311MEDIUMJul 25, 2025
PLUMBING — WATER SUPPLY
EvictionHIGHOct 22, 2024
Eviction Executed — Apt 2C — Possession
311MEDIUMJan 21, 2024
Noise - Commercial — Loud Music/Party
311MEDIUMJun 15, 2023
Noise - Street/Sidewalk — Loud Music/Party
311MEDIUMMar 19, 2023
HEAT/HOT WATER — ENTIRE BUILDING

07 / 09

History of the building.

10 / 10

Frequently asked questions.

What is the rent for a 1-bedroom at 245 PARK AVENUE SOUTH, Manhattan, NY, 10003?
Based on recent listing data, rent for a 1-bedroom at 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 is approximately $5,195 per month.
How does rent at 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 compare to the neighborhood?
Compared to other buildings in the 10003 zip code: 1-bedroom rents are about 48% below the neighborhood median.
Is 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 rent stabilized?
Yes, 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 is rent stabilized with 15 stabilized units. Rent-stabilized tenants have protections limiting annual rent increases and providing lease renewal rights.
When is the cheapest time to rent at 245 PARK AVENUE SOUTH, Manhattan, NY, 10003?
Based on historical listing data, August tends to be the most affordable month to sign a lease at 245 PARK AVENUE SOUTH, Manhattan, NY, 10003, while July is typically the most expensive. Timing your move to August could save approximately 15% compared to peak pricing.
Who is the landlord of 245 PARK AVENUE SOUTH, Manhattan, NY, 10003?
The registered owner of 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 is SP GRAMERCY PROPERTIES LLC. You can view their full portfolio of buildings on Lucid Rents.
Is the landlord of 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 a good landlord?
245 PARK AVENUE SOUTH, Manhattan, NY, 10003, owned by SP GRAMERCY PROPERTIES LLC, has an overall grade of A (4.0/5) on Lucid Rents. The building has 3 recorded violations. Tenants have left 4 reviews. Check tenant reviews for firsthand experiences.
What is the building rating for 245 PARK AVENUE SOUTH, Manhattan, NY, 10003?
245 PARK AVENUE SOUTH, Manhattan, NY, 10003 has an overall grade of A with a score of 4.0 out of 5 on Lucid Rents. This score is based on violations, complaints, and tenant reviews.
Are there violations or complaints at 245 PARK AVENUE SOUTH, Manhattan, NY, 10003?
Yes, 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 has 3 housing violations and 11 complaints on record. Visit the building page on Lucid Rents to see the full history, including violation classes and complaint types.
Are there eviction filings at 245 PARK AVENUE SOUTH, Manhattan, NY, 10003?
Yes, there are 1 eviction record on file for 245 PARK AVENUE SOUTH, Manhattan, NY, 10003. The most recent was in October 2024. Eviction records are public information sourced from city marshal data.
Has 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 had any Department of Buildings violations?
Yes, 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 has 4 Department of Buildings violations on record. These can include issues related to construction safety, building codes, and structural concerns.
What amenities does 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 have?
245 PARK AVENUE SOUTH, Manhattan, NY, 10003 offers 5 amenities including Pet Friendly, Air Conditioning, Dishwasher, Elevator, Pet Friendly. View the full amenity list on the building page.
Does 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 allow pets?
245 PARK AVENUE SOUTH, Manhattan, NY, 10003 lists pet-friendly amenities (Pet Friendly, Pet Friendly). Contact the building management to confirm current pet policies and any breed or size restrictions.
Does 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 have laundry facilities?
Yes, 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 offers laundry amenities: Dishwasher.
What schools are near 245 PARK AVENUE SOUTH, Manhattan, NY, 10003?
There are 10 schools near 245 PARK AVENUE SOUTH, Manhattan, NY, 10003, including 4 public schools, 3 charter schools, 3 private schools. Nearby schools include Manhattan Comprehensive Night And Day High School (8 min walk), P.s. M226 (9 min walk), P.s. M226 (9 min walk), High School For Health Professions And Human Services (9 min walk), Success Academy Charter School - Union Square (4 min walk), and more.
What public transit is near 245 PARK AVENUE SOUTH, Manhattan, NY, 10003?
245 PARK AVENUE SOUTH, Manhattan, NY, 10003 has 4 transit options nearby. The closest include: bus: 3 AV/E 11 ST (M102, M103, M101), 0.44 mi away.
Is 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 safe? What is the crime rate nearby?
The 10003 zip code where 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 is located had 2,349 crime incidents in the past 2 years, including 125 violent crimes, 1,384 property crimes, and 840 quality-of-life incidents. Check the neighborhood report card for 10003 for full details.
When was 245 PARK AVENUE SOUTH, Manhattan, NY, 10003 built and how many units does it have?
245 PARK AVENUE SOUTH, Manhattan, NY, 10003 was built in 1940, has 6 floors, contains 63 total units, 55 of which are residential.
How energy efficient is 245 PARK AVENUE SOUTH, Manhattan, NY, 10003?
245 PARK AVENUE SOUTH, Manhattan, NY, 10003 has an ENERGY STAR score of 1 out of 100 and a site energy use intensity (EUI) of 189.1 kBtu/ft² (2024 data). This suggests there is room for energy efficiency improvement.
What do tenants say about living at 245 PARK AVENUE SOUTH, Manhattan, NY, 10003?
245 PARK AVENUE SOUTH, Manhattan, NY, 10003 has 3 tenant reviews with an average rating of 4.0 out of 5. 0 out of 3 reviewers would recommend this building.

09 / 09

Frequently asked questions.

10 / 10

NYC-specific insights.

Rent stabilization and seismic safety

Rent stabilizationProtected

DHCR registration & tenant protections

Yes

rent stabilized

stabilized units

2024

since

Stabilized units have annual rent-increase caps set by the Rent Guidelines Board and lease-renewal rights.

09 / 10

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08 / 09

Similar buildings nearby.

Embed this building’s record

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Building record last updated September 21, 2026. Sourced from HPD, DOB, 311, and Lucid Rents data syncs.