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31 Gps

31 Gramercy Park South, New York, NY 10003
11 Units
1 Units For Sale
Unit for sale at 31 GRAMERCY Park, Manhattan, NY 10003

$1,375,000 In Contract

  • 2 Beds
  • 1 Bath
31 GRAMERCY Park #2B, Manhattan, NY 10003 Listing by Bernard Engler

31 Gps is a Co-op located 31 Gramercy Park South, in Gramercy Park, New York. The building was first built in 1852 and is 172 years old. The lot that the building was built on is 25 feet wide and 109 feet long. The official lot area is listed as 2,725 square feet. The building itself is 25 feet wide and 58 feet long. In total, 31 Gramercy Park South has a total floor area of 7,250 square feet. Of that, 7,250 square feet are used for residential purposes. There are a total of 11 units. Of those, 11 are residential units. 31 Gramercy Park South has a total of 5 floors.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. Residents who own pets will be happy to hear that the building is pet-friendly. There are 13 closings on record, of which we have matching data for 5 listings. In the past 3 years, a listing in this building will typically remain on the market for about 149 days The transaction that took the longest to complete was unit 1B, listed on Jun 27, 2021 for $1,125,000. This particular unit ultimately sold 205 days later for $1,050,000. The most recent transaction was for unit A, which was first advertised on Sep 04, 2023, sold for $360,000 on Dec 14, 2023. Fun fact, the oldest transaction we have on record took place on Jan 12, 2005. See the full transaction history for 31 Gps below.

Gramercy Park, where 31 Gramercy Park South is located, has a median asking price of $750,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $924,500. For interested buyers, that means the building's median asking price is around 0.23% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $1,375,000. It is a 2-bedroom and 1-bathroom unit.

Building Features

Laundry

Washer / Dryer Allowed

Building Style

Prewar

Pet Policy

Dogs Allowed / Cats Allowed

Ownership & Occupancy

Sublets Allowed
Pied-à-Terre Allowed

Outdoor Space

Garden

Facilities

Storage Available
This property description is generated based on publicly available data.

7 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230904 Unit A
09/04/2023
A
Studio
1 Bath
-
$400,000
bedrooms
Studio
bathrooms
1 Bath
$360,000 -10.00%
12/14/2023
Serri Knight
Serhant LLC
20210627 Unit 1B
06/27/2021
1B
1 Bed
1 Bath
-
$1,125,000
bedrooms
1 Bed
bathrooms
1 Bath
$1,050,000 -6.67%
01/18/2022
Carolyn Zweben
Douglas Elliman Real Estate
20190321 Unit 2A
03/21/2019
2A
1 Bed
1 Bath
-
$799,000
bedrooms
1 Bed
bathrooms
1 Bath
$690,000 -13.64%
10/04/2019
Patrick Blakslee
Corcoran Group
20160914 Unit 2A
09/14/2016
2A
1 Bed
1 Bath
-
$990,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Patrick Blakslee
The Corcoran Group
20160404 Unit 4E
04/04/2016
4E
1 Bed
2 Bath
-
$1,100,000
bedrooms
1 Bed
bathrooms
2 Bath
$1,175,000 +6.82%
08/16/2016
-
Justin Figari
The Corcoran Group
20151006 Unit 2A
10/06/2015
2A
1 Bed
1 Bath
-
$995,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Patrick Blakslee
The Corcoran Group
20120418 Unit 1B
04/18/2012
1B
1 Bed
1 Bath
-
$799,000
bedrooms
1 Bed
bathrooms
1 Bath
$780,000 -2.38%
11/14/2012
Joy Grossman
Warburg Realty Partnership Ltd.

Building Info

Overview

    General

  • Year Built: 1852
  • Building Count: 1
  • Floor Count: 5
  • Total Unit Count: 11
  • Residential Unit Count: 11
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 2,725
  • Lot Size Depth Feet: 109
  • Lot Size Frontage Feet: 25
  • Building Depth: 58
  • Building Frontage: 25
  • Gross Building Area: 7,250

    Building Floor Area

  • Residential Building Floor Area: 7,250

    Floor Area Ratio

  • Built Floor Area Ratio: 3
  • Residential Floor Area Ratio: 4
  • Facilities Floor Area Ratio: 4

Building

  • Building Type: C6
  • Lot Type: 5
  • Land Use: 02
  • Irregular Lot Code: N
  • Proximity Code: 3
  • Extension Code: N

Neighborhood

  • Community District: 106
  • City Council District: 2
  • Historic District Name: Gramercy Park Historic District
  • Police Precinct: 13
  • Fire Company: E005
  • Health Area: 5300
  • Sanitation District Borough: 1
  • Sanitation Subsection: 1A
  • School District: 02

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R8B
  • Limited Height District: LH-1

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 875
  • Lot: 48
  • Borough Block Lot: 1008750048

    Address

  • Full Address: 31 Gramercy Park South
  • Zip Code: 10003

Valuation

    Assessments Valuation

  • Assessed Total Value: $750,150
  • Assessed Land Value: $116,100

    Exemptions

  • Exempt Total Value: $4,920
  • Exempt Land Value: $0

About Midtown Manhattan




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Frequently Asked Questions

What neighborhood is 31 Gramercy Park South located in?
The 31 Gramercy Park South is a Co-op located in the neighborhood of Gramercy Park in Midtown Manhattan, New York.
How many listings are currently for sale in 31 Gramercy Park South?
There is a listing currently on the market for sale.
What is the average sales price for listings in 31 Gramercy Park South?
The average sales price for units in 31 Gramercy Park South is $924,500 currently.

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