Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
31 GRAMERCY Park S #4B

For Sale · Listing by Brown Harris Stevens Residential Sales LLC

31 GRAMERCY Park S #4B

Gramercy Park, Manhattan

$1,495,000

Interested in this property?
Active For Sale Co-op

$1,495,000

31 GRAMERCY Park S #4B

Gramercy Park, Manhattan

MLS® #RLS20117084

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

1
Bedroom
1
Bath
N/A
Sq. Ft.
1870
Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1870
Ownership Co-op
Maintenance $2,318/mo
Neighborhood Gramercy Park
Floor 4 of 5

Property Highlights

  • Views: City, Panoramic, Skyline
  • Exposure: South,West facing
  • Outdoor Space: Terrace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 4 of 5
View City, Panoramic, Skyline
Exposure South,West
Pets Yes
Year Built 1870
Architectural Style WalkUp
Basement Other
Block/Lot 00875/0048

Listing History

Event Date Price Change
Listed Sep 23, 2026 $1,495,000 -
Currently Sep 24, 2026 $1,495,000 -

Description

PARIS ABOVE THE PARK A Skylit Penthouse Atelier with a Private Terrace and a Coveted Key to Gramercy Park Penthouse B at 31 Gramercy Park South evokes a sunlit hideaway in the Marais. Soaring arched ceilings rise to more than 16 feet, an extraordinary skylight floods the home with natural light, and enchanting views stretch across townhouse gardens, the city skyline, and Gramercy Park. The dramatic living room is the centerpiece: a grand, airy canvas framed by oversized windows and crowned by a truly spectacular skylight. Its impressive scale is balanced by warmth, character, and effortless functionality. The renovated open kitchen features stainless-steel appliances, white-painted wood cabinetry, generous granite counters, and an in-unit washer and dryer-equally suited to quiet evenings and lively entertaining. The queen-size bedroom offers a generous custom closet and charming city views through French windows, welcoming sunshine throughout the day. Nearby, the skylit prewar bathroom retains its timeless appeal with restored tile, a porcelain tub, and a classic pedestal sink. And then, the piece de resistance: a private 352-square-foot roof terrace high above Gramercy. Host an evening beneath the city lights, cultivate your own garden in the sky, or simply disappear into the sunshine. With dedicated water and electricity, this remarkable outdoor retreat is ready to become your own private oasis. Ownership at 31 Gramercy Park South includes that rarest of New York privileges: a coveted key to Gramercy Park, one of the city's most beautiful, historic, and closely guarded green spaces. Built in 1930, 31 Gramercy Park South is an intimate, five-story, non-elevator cooperative comprising just 11 residences. The common hallways have recently been refreshed, with handsome new runners extending throughout the hardwood stairwells. The building offers reasonable maintenance, while pied-a-terre ownership and pets are permitted with board approval. A singular downtown home where Parisian romance, architectural drama, and quintessential New York privilege meet.

Features & Amenities

Interior Features

Building None Washer Hookup In Unit

Exterior Features

Private Outdoor Space Under60 Sqft Terrace

Building Information

Building Data View Compliance & Permits
Total Units 11
Stories 5
Style WalkUp

Financial Details

Maintenance $2,318/mo

Gramercy Park is one of New York City’s most storied and architecturally distinctive neighborhoods, centered around the only private park in Manhattan. The area exudes old-world charm with its gas-lit streets and impeccably preserved 19th-century architecture. While the park itself is private, the surrounding real estate offers a mix of historic brownstones, elegant pre-war cooperatives, and boutique new developments that cater to those seeking a low-traffic urban retreat.

Gramercy Park Live Market Data

View Neighborhood

Active Listings

136

Median Asking Price

$1.50M

Median $/Sqft

$1,744

Avg Days on Market

N/A

New This Week

13

Price Reduced

23%

Sold (30 Days)

24

Median Sale Price

$1.34M

Live data from RLS at REBNY • Updated 9/24/26, 5:12 AM EST

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Location

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31 GRAMERCY Park S #4B, Gramercy Park, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1852
Year Built
174 years old
5
Floors
11
Residential Units
R8B
Zoning District
Walk-Up Apartments Historic District: Gramercy Park Historic District

Tax & Assessment

Assessed Value: $986,850
Land Value: $116,100
Exemptions: $2,230

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,725 SF
Building Area: 7,250 SF
Built FAR: 2.66
Allowed FAR: 4

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $2,318 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1870, making it approximately 156 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20117084
First Listed: 9/23/2026
On Market: 9/23/2026
Price Changed: 9/23/2026
Contract Date: 9/23/2026

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Michael S Lubin

Listing Contact: (212) 317-3672

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 9/24/2026 at 9:12 AM UTC

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Gramercy Park Market Update

24 sales last 30 days · $1.50M median · 5.7 months supply

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Quick Facts

Status Active Type Co-op Neighborhood Gramercy Park Borough Manhattan
County New York
Floor 4 of 5
Year Built 1870
First Listed 9/23/2026
Style WalkUp
Maintenance $2,318/mo

Monthly Costs Estimate

Down Payment 20%

$299,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $2,318
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$14,950

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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