For Sale · Listing by Brown Harris Stevens Residential Sales LLC
48 GRAMERCY Park N #1B
Gramercy Park, Manhattan
$1,350,000
48 GRAMERCY Park N #1B
MLS® #RLS20092058
Listing by Brown Harris Stevens Residential Sales LLC
- 1
- Bedroom
- 2
- Baths
- N/A
- Sq. Ft.
- 1858
- Year Built
Quick Summary
Property Highlights
- Fireplace: 1 fireplace
- Climate Control: Other
- Character: Pre-war building (1858)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | May 18, 2026 | $1,495,000 | - |
| Currently | Oct 2, 2026 | $1,350,000 | -9.7% |
Description
Your Own Private Garden-Plus a Key to Gramercy Park Freshly updated and beautifully presented, this exceptional garden residence at 48 Gramercy Park North combines the intimacy of townhouse living with one of Manhattan's most coveted addresses. The gracious one-bedroom home opens to its own beautifully landscaped and irrigated private garden-an extraordinary extension of the living space and a rare retreat in the heart of the city. Newly installed floors and fresh paint give the apartment a crisp, refreshed feel, while a wood-burning fireplace adds warmth and character. The thoughtfully designed kitchen is equipped with Miele and Sub-Zero appliances and offers everything needed for both everyday living and entertaining. Two full bathrooms are an unexpected luxury in a one-bedroom home-one with a shower and the other featuring a charming claw-foot tub. Central air completes the modern comforts. Elegant, distinctive and wonderfully private, this is a home that embraces the history and character of Gramercy Park while offering the ease of contemporary living. 48 Gramercy Park North is an intimate eight-story, five-residence cooperative overlooking New York's oldest private park. The building offers an elevator, virtual doorman, central laundry and private basement storage. Pied-à-terre ownership and pets are permitted. Shareholders enjoy the extraordinary privilege of access to Gramercy Park.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Gramercy Park
View All Gramercy Park ListingsGramercy 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 NeighborhoodActive Listings
138
Median Asking Price
$1.46M
Median $/Sqft
$1,708
Avg Days on Market
N/A
New This Week
8
Price Reduced
25%
Sold (30 Days)
17
Median Sale Price
$1.36M
Live data from RLS at REBNY • Updated 10/1/26, 11:57 PM EST
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Location
48 GRAMERCY Park N #1B, Gramercy Park, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed monthly maintenance are $3,195 per month. Confirm the exact amount with Milton Coste before making an offer.
This property has 1 bedroom and 2 full bathrooms.
According to MLS records, the building was constructed in 1858, making it approximately 168 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: pet friendly,Building Pets Allowed Comments:pet friendly. 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) 416-7433Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Elese Reid
Listing Contact: (212) 396-5861
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 Data display by Keller Williams NYC. Data last updated on 10/2/2026 at 3:57 AM UTC
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Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 48 GRAMERCY Park N #1B
At $1,350,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. Free, no obligation.
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Gramercy Park Market Update
17 sales last 30 days · $1.46M median · 8.1 months supply
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Quick Facts
Monthly Costs Estimate
$270,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$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
$13,500
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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