Gramercy Owners Ltd

Gramercy Owners Ltd is a Co-op located 44 Gramercy Park North, in Gramercy Park, New York. The building was first built in 1930 and is 94 years old. The lot that the building was built on is 88 feet wide and 99 feet long. The official lot area is listed as 8,640 square feet. The building itself is 88 feet wide and 78 feet long. In total, 44 Gramercy Park North has a total floor area of 87,793 square feet. Of that, 84,793 square feet are used for residential purposes. About 3,000 square feet of the building are used for commercial purposes. There are a total of 84 units. Of those, 79 are residential units. There are five commercial units. 44 Gramercy Park North has a total of 16 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. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 54 closings on record, of which we have matching data for 20 listings. In the past 3 years, a listing in this building will typically remain on the market for about 144 days and tend to sell below the original asking price of $1,145,750 by 1.82%. Meaning, listings tend to sell at a median of $1,057 price per square foot. The transaction that took the longest to complete was unit 7C, listed on Sep 18, 2019 for $2,695,000. This particular unit ultimately sold 294 days later for $2,357,500. The most recent transaction was for unit 6F, which was first advertised on Sep 02, 2023, sold for $1,422,000 on Dec 05, 2023. Fun fact, the oldest transaction we have on record took place on Mar 27, 1969. See the full transaction history for Gramercy Owners Ltd below.

Gramercy Park, where 44 Gramercy Park North is located, has a median asking price of $750,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $1,145,750. For interested buyers, that means the building's median asking price is around 0.53% 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 $1,925,000. It is a 1-bedroom and 2-bathroom unit.