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48 Gramercy Park North

48 Gramercy Park North, New York, NY 10010
8 Units
1 Units For Sale
Unit for sale at 48 GRAMERCY Park N, Manhattan, NY 10010

$1,495,000 In Contract

  • 1 Bed
  • 2 Baths
48 GRAMERCY Park N #1B, Manhattan, NY 10010 Listing by Elese Reid

48 Gramercy Park North 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 1996. But was most recently renovated and altered in 2012. The lot that the building was built on is 24 feet wide and 99 feet long. The official lot area is listed as 2,307 square feet. The building itself is 24 feet wide and 86 feet long. In total, 48 Gramercy Park North has a total floor area of 7,866 square feet. Of that, 7,866 square feet are used for residential purposes. There are a total of 8 units. Of those, 8 are residential units. 48 Gramercy Park North 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. Both dogs and cats are allowed in the building! There are 9 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 352 days The transaction that took the longest to complete was unit 2, listed on Mar 17, 2021 for $3,800,000. This particular unit ultimately sold 352 days later for $3,450,000. The most recent transaction was for unit 2, which was first advertised on Mar 17, 2021, sold for $3,450,000 on Mar 04, 2022. Fun fact, the oldest transaction we have on record took place on Jan 19, 1967. See the full transaction history for 48 Gramercy Park North below.

Gramercy Park, where 48 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 $3,650,000. For interested buyers, that means the building's median asking price is around 3.87% 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 $1,495,000. It is a 1-bedroom and 2-bathroom unit.

Building Features

Facilities

Storage Available
Laundry Room

Laundry

Washer / Dryer Allowed

Building Style

Prewar

Pet Policy

Dogs Allowed / Cats Allowed

Accessibility

Elevators
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210317 Unit 2
03/17/2021
2
1 Bed
2 Bath
-
$3,800,000
bedrooms
1 Bed
bathrooms
2 Bath
$3,450,000 -9.21%
03/04/2022
John Carhart
Compass

Building Info

Overview

    General

  • Year Built: 1930
  • First Altered Year: 1996
  • Recent Altered Year: 2012
  • Building Count: 1
  • Floor Count: 5
  • Total Unit Count: 8
  • Residential Unit Count: 8
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 2,307
  • Lot Size Depth Feet: 99
  • Lot Size Frontage Feet: 24
  • Building Depth: 86
  • Building Frontage: 24
  • Gross Building Area: 7,866

    Building Floor Area

  • Residential Building Floor Area: 7,866

    Floor Area Ratio

  • Built Floor Area Ratio: 3
  • Residential Floor Area Ratio: 8
  • Facilities Floor Area Ratio: 8

Building

  • Building Type: D4
  • Lot Type: 5
  • Land Use: 03
  • Irregular Lot Code: N
  • Proximity Code: 3
  • Extension Code: E

Neighborhood

  • Community District: 106
  • City Council District: 2
  • Police Precinct: 13
  • Fire Company: E005
  • Health Area: 5300
  • Sanitation District Borough: 1
  • Sanitation Subsection: 1R
  • School District: 02

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R9A

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 877
  • Lot: 25
  • Borough Block Lot: 1008770025

    Address

  • Full Address: 48 Gramercy Park North
  • Zip Code: 10010

Valuation

    Assessments Valuation

  • Assessed Total Value: $2,565,450
  • Assessed Land Value: $540,000

    Exemptions

  • Exempt Total Value: $7,380
  • Exempt Land Value: $0

About Midtown Manhattan



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Frequently Asked Questions

What neighborhood is 48 Gramercy Park North located in?
The 48 Gramercy Park North is a Co-op located in the neighborhood of Gramercy Park in Midtown Manhattan, New York.
How many listings are currently for sale in 48 Gramercy Park North?
There is a listing currently on the market for sale.
What is the average sales price for listings in 48 Gramercy Park North?
The average sales price for units in 48 Gramercy Park North is $3,650,000 currently.

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