Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

60 Gramercy Park N #PHA

Pending · Listing by Sothebys International Realty

60 Gramercy Park N #PHA

Gramercy Park, Manhattan

$5,950,000

Interested in this property?
Pending For Sale Co-op

$5,950,000

60 Gramercy Park N #PHA

Gramercy Park, Manhattan

MLS® #RLS11011390

RLS at REBNY

Listing by Sothebys International Realty

2
Bedrooms
2.5
Baths
N/A
Sq. Ft.
1924
Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Lot Size 18,021 sq ft
Year Built 1924
Ownership Co-op
Maintenance $5,575/mo
Neighborhood Gramercy Park
Floor 18 of 17

Property Highlights

  • Views: City, Park Greenbelt
  • Exposure: East,South,West facing
  • Outdoor Space: Building Terrace, Building Wrap Around, Terrace, Wrap Around, Balcony

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full, 1 Half
Floor 18 of 17
View City, Park Greenbelt
Exposure East,South,West
Pets Yes
Year Built 1924
Structure Type HighRise
Furnished Unfurnished
Lot Size 18,021 sq ft
Block/Lot 00877/0009

Listing History

Event Date Price Change
Listed Sep 24, 2024 $6,500,000 -
Currently Aug 18, 2026 $5,950,000 -8.5%

Description

This offering represents the rare opportunity to acquire one of Gramercy Park’s most iconic prewar penthouses. This diamond in the rough offers an astute buyer incredible bones and limitless potential. Upon entering spectacular light soaring ceilings, and walls of steel casement windows framing picture perfect views set the tone of this truly one-of-a-kind home. The 59’ wide south-facing terrace is the centerpiece with nearly 800 square feet of outdoor space. A plethora of rich architectural details including ornamental finials, terracotta and red-tiled gable roofs as well as stunning views of Gramercy Park and beyond provide the ideal palette for this unique perch hovering 18 floors over the city. Adjacent East and West facing terraces provide open views of Manhattan and are directly accessed from every room via steel casement French doors. Originally designed by Emery Roth in 1928, 60 Gramercy Park North features a full-time door person, live-in resident manager, gym, storage, bike room, laundry and a charming, landscaped courtyard located off the lobby. Residents are provided keys to bucolic Gramercy Park, Manhattan's only private park encircled by elegant townhomes, tree-lined streets and landmarks such as the National Arts Club and the Player's Club. This serene neighborhood is perfectly positioned and incredibly convenient. Transportation (4, 5, 6, N, R, W and L subway at Union Square), the farmers market, Madison Square Park, and a plethora of shopping, dining, cultural offerings are moments away. *Represents current apartment configuration, which may not conform to official legal documentation. Purchasers should consult with their legal or architectural professionals to determine legal use parameters.

Features & Amenities

Interior Features

Entrance Foyer Elevator Kitchen Window Storage Common On Floor In Unit

Exterior Features

Balcony Building Balcony Private Outdoor Space Over60 Sqft Building Terrace Building Wrap Around Terrace Wrap Around Balcony

Appliances

Dryer Washer Dryer Stacked Dishwasher Washer

Building Information

Building Data View Compliance & Permits
Total Units 149
Stories 17
Structure HighRise

Financial Details

Maintenance $5,575/mo
Original Price $6,500,000
Previous Price $6,500,000

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

113

Median Asking Price

$1.45M

Median $/Sqft

$1,786

Avg Days on Market

N/A

New This Week

1

Price Reduced

35%

Sold (30 Days)

22

Median Sale Price

$1.31M

Live data from RLS at REBNY • Updated 8/18/26, 6:11 AM EST

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Location

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60 Gramercy Park N #PHA, Gramercy Park, New York County

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1928
Year Built
98 years old
16
Floors
149
Residential Units
R9A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $25,833,600
Land Value: $2,353,500
Exemptions: $62,510

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

Lot Area: 18,021 SF
Building Area: 184,961 SF
Built FAR: 10.26
Allowed FAR: 7.52

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 $5,575 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.

According to MLS records, the building was constructed in 1924, making it approximately 102 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.

Pet policy requires confirmation with Milton Coste. Additional notes: Confirm with listing agent.,Building Pets Allowed Comments:Confirm with listing agent.

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: RLS11011390
First Listed: 9/24/2024
On Market: 9/24/2024
Price Changed: 5/15/2026
Pending Since: 5/30/2025
Contract Date: 9/24/2024

Listing Courtesy of Sothebys International Realty - Mark T Amadei

Listing Contact: (212) 431-2440

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 8/18/2026 at 10:11 AM UTC

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Gramercy Park Market Update

22 sales last 30 days · $1.45M median · 5.1 months supply

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Quick Facts

Status Pending Type Co-op Neighborhood Gramercy Park Borough Manhattan
County New York
Floor 18 of 17
Year Built 1924
First Listed 9/24/2024
Maintenance $5,575/mo

Monthly Costs Estimate

Down Payment 20%

$1,190,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $5,575
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 $5M to $9,999,999 at 2.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$133,875

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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