Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $999,000

· Closed September 27, 2019

38 GRAMERCY Park N #5A
Closed For Sale Co-op

$999,000

38 GRAMERCY Park N #5A

Gramercy Park, Manhattan

MLS® #RLS10808900

RLS at REBNY

Listing by Sotheby's International Realty, Inc.

1

Bedroom

1

Bath

N/A

Sq. Ft.

1920

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Lot Size 5,135 sq ft
Year Built 1920
Ownership Co-op
Maintenance $1,303/mo
Neighborhood Gramercy Park
Floor 5 of 5

Property Highlights

  • Views: Park Greenbelt
  • Exposure: North,West facing
  • Style: Prewar architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 5 of 5
View Park Greenbelt
Exposure North,West
Pets Yes
Year Built 1920
Architectural Style Prewar
Lot Size 5,135 sq ft
Parcel # 0876-0026-00038-000-000005A

Listing History

Event Date Price Change
Listed Mar 21, 2019 $1,095,000 -
Currently Jun 4, 2026 $999,000 -8.8%

Description

Artfully designed, impeccably renovated. This fabulous residence offers rare protected views of Gramercy Park from a designer home situated in a distinguished pre-war cooperative. Located steps from the finest dining, shops and entertainment in the heart of the Gramercy Park, this designer showplace has been gut renovated and restored with the utmost attention to detail. Melding contemporary with pre-war details that feature hard wood floors, high ceilings, new casement windows, decorative fireplace and exposed brick in every room. A corner living room enjoys two sunny exposures and affords stunning views of the iconic buildings that surround Gramercy Park. Custom kitchen features Bertazzoni stove and Miele dishwasher completed with custom cabinets. The recently renovated bathroom includes a standing shower with sliding doors and a custom vanity. This home comes with keys for exclusive access to Gramercy Park. To enhance your personal comfort, there is a washer/dryer and a private storage room in the basement. Built in 1853 as the Sanderson family hotel, 38 Gramercy Park North is now a 36-unit boutique cooperative with an elevator, roof deck, central laundry, bike storage, private storage lockers and a live-in resident manager. Pets are welcome and co-purchasing, gifting and pied-a-terres are permitted.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Roof Deck

Building Information

Building Data View Compliance & Permits
Total Units 36
Stories 5
Style Prewar

Financial Details

Maintenance $1,303/mo
Original Price $1,095,000
Sale Price $999,000

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

174

Median Asking Price

$1.40M

Median $/Sqft

$1,730

Avg Days on Market

N/A

New This Week

6

Price Reduced

29%

Sold (30 Days)

23

Median Sale Price

$1.20M

Live data from RLS at REBNY • Updated 6/4/26, 11:59 AM EST

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Location

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38 GRAMERCY Park N #5A, Gramercy Park, New York County

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

Tax & Assessment

Assessed Value: $303,750
Land Value: $303,750
Exemptions: $0

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

Lot Area: 5,135 SF

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 $1,303 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1920, making it approximately 106 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 the listing broker 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: RLS10808900
First Listed: 3/21/2019
Closed: 9/27/2019
Contract Date: 3/21/2019

Listing Courtesy of Sotheby's International Realty, Inc. - Mae H. Bagai

Listing Contact: (917) 714-0415

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 6/4/2026 at 3:59 PM UTC

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