Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
121 E 22nd Street #N507

For Sale · Listing by Compass

121 E 22nd Street #N507

Gramercy Park, Manhattan

$1,365,000

Interested in this property?
Active For Sale Condo

$1,365,000

$1,857 per sq ft

121 E 22nd Street #N507

Gramercy Park, Manhattan

121 E 22nd

MLS® #RLS20106472

RLS at REBNY

Listing by Compass

Studio
1
Bath
735
Sq. Ft.
2016
Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 735 sq ft
Year Built 2016
Ownership Condo
HOA/Common Charges $913.09/mo
Property Taxes $19,588.44/yr
Parking Garage
Neighborhood Gramercy Park
Floor 1 of 18

Property Highlights

  • Outdoor Space: Deck
  • Climate Control: Central Air
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Baths 1 Full
Floor 1 of 18
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 2016
Living Area 735 sq ft
Parking Garage Available
Parking Features Garage
Structure Type MixedUse
Furnished Unfurnished
Parcel # 0878-1037
Block/Lot 00878/1037

Listing History

Event Date Price Change
Listed Jul 30, 2026 $1,365,000 -
Currently Jul 30, 2026 $1,365,000 -

Description

= PRISTINE, MOVE-IN-READY RESIDENCE WITH A TRUE ONE-BEDROOM FEEL = KOOLHAAS-DESIGNED, FULL-SERVICE CONDOMINIUM WITH EXTENSIVE AMENITIES, INCLUDING AN INDOOR POOL, ROOFTOP TERRACE, AND FITNESS CENTER = PRIME GRAMERCY–FLATIRON LOCATION, MOMENTS FROM MADISON SQUARE PARK More than an alcove studio, this beautifully composed home offers the scale, definition, and ease of a much larger residence. Oversized windows, wide-plank white oak floors, and northern views create an immediate sense of volume and light. The intelligently planned layout establishes distinct areas for sleeping, living, dining, and working while preserving the openness that gives the apartment its character. Every inch has been considered, and nothing feels compromised. The kitchen is clean-lined and exceptionally well appointed, with polished black quartz countertops, an acid-etched glass backsplash, and a fully integrated suite of Gaggenau appliances, including a cooktop, oven, refrigerator, and dishwasher. Generously proportioned, the bathroom features a Calacatta Paonazzo marble-wrapped vanity, a deep soaking tub with a full deck surround, heated floors, and etched-glass doors. A substantial walk-in closet, Bosch washer and dryer, and central heating and air conditioning add the practical comforts essential to effortless city living. Pristine, polished, and entirely move-in ready, this is a home of uncommon quality and livability. THE BUILDING: 121 East 22nd Street is the first residential building in New York City designed by OMA, the internationally acclaimed architecture firm founded by Rem Koolhaas. Positioned at the convergence of Gramercy and Flatiron, the building brings a bold architectural presence to one of Downtown Manhattan’s most established and desirable neighborhoods. The 18-story condominium comprises 140 residences, ranging from studios to five-bedroom homes, unified by a refined material palette, high ceilings, oversized windows, and wide-plank white oak floors. The amenities are comprehensive and beautifully conceived. Residents enjoy an indoor swimming pool, landscaped courtyard, indoor-outdoor lounge, rooftop terrace with a grill and fire pit, private dining room with catering kitchen, fitness center, screening room, and children’s playroom. Additional conveniences include an automated indoor parking system, bicycle storage, private storage, a 24-hour attended lobby, full concierge service, and a live-in resident manager. Moments from Madison Square Park and surrounded by some of the city’s best restaurants, shopping, and transportation, this is sophisticated living in a residence that makes intelligent use of every square foot.

Features & Amenities

Interior Features

High Ceilings Building Washer Dryer Install Allowed In Unit

Exterior Features

Building Barbecue Building Courtyard Building Garden Building Roof Deck Private Outdoor Space Under60 Sqft Deck

Building Amenities

Bike Storage Common Lounge Common Playroom Concierge Elevators Fitness Center Health Club Indoor Pool Package Room Recreation Room Clubhouse

Appliances

Dishwasher Range

Building Information

Building 121 E 22nd
Building Data View Compliance & Permits
Total Units 140
Stories 18
Structure MixedUse

Financial Details

Common Charges $913.09/mo
RE Taxes $19,588.44/yr ($1,632/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

140

Median Asking Price

$1.31M

Median $/Sqft

$1,805

Avg Days on Market

N/A

New This Week

5

Price Reduced

32%

Sold (30 Days)

0

Median Sale Price

$1.46M

Live data from RLS at REBNY • Updated 7/30/26, 3:04 PM EST

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Location

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121 E 22nd Street #N507, Gramercy Park, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2016
Year Built
10 years old
18
Floors
140
Residential Units
C6-4A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $50,447,349
Land Value: $4,241,255
Exemptions: $93,371

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

Lot Area: 22,202 SF
Building Area: 216,379 SF
Built FAR: 9.75
Allowed FAR: 10

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 common charges are $913.09 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $19,588.44, or roughly $1,632 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 735 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2016, making it approximately 10 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

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

At the current list price of $1,365,000 for 735 sq ft, the asking price per square foot is approximately $1,857. This figure is for reference only and may differ from appraised or assessed values.

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: RLS20106472
First Listed: 7/30/2026
On Market: 7/30/2026
Price Changed: 7/30/2026
Contract Date: 7/15/2026

Listing Courtesy of Compass - Ante Jakic

Listing Contact: (718) 640-8344

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 7/30/2026 at 7:04 PM UTC

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Gramercy Park Market Update

0 sales last 30 days · $1.31M median · N/A supply

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Quick Facts

Status Active Type Condo Neighborhood Gramercy Park Borough Manhattan
County New York
Floor 1 of 18
Year Built 2016
First Listed 7/30/2026
Parking Garage
Living Area 735 sqft
Common Charges $913.09/mo
Annual Tax $19,588.44

Monthly Costs Estimate

Down Payment 20%

$273,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $913.09
Est. Taxes $1,632
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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