38 Gramercy Park

38 Gramercy Park is a Co-op located in Gramercy Park, New York. The building was first built in 1930 and is 94 years old. It was first renovated and altered in 1986. The lot that the building was built on is 20 feet wide and 125 feet long. The official lot area is listed as 5,135 square feet. The building itself is 20 feet wide and 80 feet long. In total, 38 Gramercy Park has a total floor area of 21,339 square feet. Of that, 20,439 square feet are used for residential purposes. About 900 square feet of the building are used for commercial purposes. There are a total of 38 units. Of those, 36 are residential units. There are two commercial units. 38 Gramercy Park has a total of 5 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. For your convenience, laundry is located in the building. Residents who own pets will be happy to hear that the building is pet-friendly. There are 43 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 136 days Meaning, listings tend to sell at a median of $1,314 price per square foot. The transaction that took the longest to complete was unit 1C, listed on Feb 26, 2021 for $395,000. This particular unit ultimately sold 167 days later for $365,000. The most recent transaction was for unit 2E, sold for $1,512,810 on Sep 27, 2023. Fun fact, the oldest transaction we have on record took place on Jul 02, 1984. See the full transaction history for 38 Gramercy Park below.

Gramercy Park, where 38 Gramercy Park is located, has a median asking price of $750,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $647,500. For interested buyers, that means the building's median asking price is around 0.14% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.