Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,050,000

· Closed January 18, 2022

31 GRAMERCY Park #1B
Closed For Sale Co-op

$1,050,000

31 GRAMERCY Park #1B

Gramercy Park, Manhattan

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MLS® #RLS10751681

RLS at REBNY

Listing by Douglas Elliman Real Estate

1

Bedroom

1

Bath

N/A

Sq. Ft.

1870

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1870
Ownership Co-op
Maintenance $1,836/mo
Neighborhood Gramercy Park
Floor 1 of 5

Property Highlights

  • Exposure: South facing
  • Character: Pre-war building (1870)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 1 of 5
Exposure South
Pets Yes
Year Built 1870
Parcel # 0875-0048-00031-000-000001B

Listing History

Event Date Price Change
Listed Sep 9, 2021 $1,125,000 -
Price Reduced Jan 21, 2022 $1,075,000 -4.4%
Currently Apr 25, 2026 $1,050,000 -2.3%

Description

Your stunningly elegant Gramercy Park townhouse apartment awaits!
Move right into this gut renovated, designer 1-bedroom home on the parlor floor, with dramatic, nearly 13-foot ceilings, gorgeous prewar details and lush, south-facing garden views. A formal entry foyer with two large closets leads to the beautiful living room showcasing lovely details including a striking, Restoration Hardware chandelier, working gas fireplace, original decorative plaster moldings and new oversized windows with charming, refurbished original shutters. There is even an automated "hidden television" that ascends and descends at the touch of a button to not diminish the elegance of this special home. An efficient, well-designed kitchen boasts plentiful, custom cabinetry, stainless steel appliances including a built-in microwave, herringbone backsplash tiles and Calacatta Milano quartz countertops. There is even room for a dining table to enjoy meals while taking in the garden view. The serene bedroom features smart and attractive built-ins for storage and a bonus loft space with custom, library-style rolling ladder for access. With marble tiled floors, pedestal sink, white subway tiles and Waterworks fixtures, the windowed bathroom has been elegantly updated while still preserving the prewar character of the home. You even have your own, in-unit washer and dryer.

31 Gramercy Park South is a gorgeous, 25'-wide 19th century brownstone cooperative and the only freestanding building on exclusive Gramercy Park. Residents of this boutique building can have their own key to highly coveted Gramercy Park, the only remaining private park in Manhattan. Residents enjoy the serenity of this hidden gem of a neighborhood while also benefiting from the convenient location just blocks from Union Square, Madison Square Park, some of the city's best restaurants like Gramercy Tavern and Eleven Madison Park as well as many casual eateries and cafes, shopping, and so much more! Pets are welcome!
This building has a 2% flip tax paid by seller. Unfortunately, pied-a-terres are not permitted.

Building Information

Financial Details

Maintenance $1,836/mo
Original Price $1,125,000
Sale Price $1,050,000
Previous Price $1,075,000

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

176

Median Asking Price

$1.45M

Median $/Sqft

$1,767

Avg Days on Market

N/A

New This Week

10

Price Reduced

26%

Sold (30 Days)

16

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 4/24/26, 8:51 PM EST

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Location

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31 GRAMERCY Park #1B, Gramercy Park, New York County

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1852
Year Built
174 years old
5
Floors
11
Residential Units
R8B
Zoning District
Walk-Up Apartments Historic District: Gramercy Park Historic District

Tax & Assessment

Assessed Value: $986,850
Land Value: $116,100
Exemptions: $2,290

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

Lot Area: 2,725 SF
Building Area: 7,250 SF
Built FAR: 2.66
Allowed FAR: 4

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 monthly maintenance are $1,836 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1870, making it approximately 156 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. 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: RLS10751681
First Listed: 9/9/2021
Price Changed: 1/21/2022
Closed: 1/18/2022
Contract Date: 6/27/2021

Listing Courtesy of Douglas Elliman Real Estate - Carolyn Zweben

Listing Contact: (212) 769-6537

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 4/25/2026 at 12:51 AM UTC

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