301 First Avenue
- Located: Corner of First Avenue and East 17th Street
- Built: 1968
- Renovations: Student Housing - 2020
- Total Building Size: 146,000 SF
- Floors: 24, 2 below grade parking levels
GFPRE is renovating this property to bring substantial university student housing to Gramercy Park for a local university. The reinforced concrete and masonry property will have 158 suites of 3, 4 or 6-beds each, housing a total of 654 students plus a residential advisor. The building has two levels of parking, adding potential for additional car sharing bays in the neighborhood.
Local amenities include a mix of student favorites and essentials, including Artichoke Pizza, Beyond Sushi, Citibank, Walgreen’s, David’s Bagels, Bagel Boss, Starbucks, Bruno’s Gourmet Market, Chipotle and Stuyvestant Square Park for studying on the lawn.
The property is well connected, situated three blocks down to the First Avenue L Station and four blocks over to Union Square with connection to the 4,5,6 and N,Q,R,W lines.