Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $900,000

· Closed February 24, 2025

32 Gramercy Park S #5D
Closed For Sale Co-op

$900,000

32 Gramercy Park S #5D

Gramercy Park, Manhattan

MLS® #RLS11009244

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

N/A

Sq. Ft.

1956

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1956
Ownership Co-op
Maintenance $2,043/mo
Parking Garage
Neighborhood Gramercy Park
Floor 5 of 18

Property Highlights

  • Exposure: East facing
  • Climate Control: Other
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 5 of 18
Exposure East
Cooling Other
Pets Yes, CatsOk, DogsOk
Year Built 1956
Parking Garage Available
Parking Features Garage
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Parcel # 0875-0047-00032-000-000005D
Block/Lot 00875/0047

Listing History

Event Date Price Change
Listed Sep 13, 2024 $940,000 -
Currently Jun 2, 2026 $900,000 -4.3%

Description

Sophisticated Living with Private Gramercy Park Access 32 Gramercy Park South, Apartment 5D Welcome to Apartment 5D at 32 Gramercy Park South, a rare opportunity to own a newly and fully renovated one-bedroom residence in one of Manhattan's most coveted Gramercy Park cooperatives. This home comes with exclusive key access to the iconic Gramercy Park, one of only two private parks in all of New York City. Flooded with natural light from eastern exposures, this residence boasts a gracious foyer that leads into a spacious open-concept living and dining area, perfect for hosting guests or enjoying a quiet night in. The chef’s kitchen has been meticulously designed with high-gloss custom cabinetry, sleek Caesarstone countertops, and top-of-the-line stainless steel appliances, combining functionality with modern elegance. The king-sized bedroom, separated by a hallway for additional privacy, also enjoys abundant light and offers an impressive amount of storage, including a large walk-in closet. The luxurious spa-like bathroom is adorned with beautiful floor-to-ceiling marble finishes and top-tier fixtures, creating a serene retreat within the home. 32 Gramercy Park South is a full-service cooperative offering residents a host of amenities, including a 24-hour doorman, live-in resident manager, and a dedicated staff. Shareholders benefit from a newly updated laundry room, a bike room, an on-site garage, and a beautifully furnished roof deck with panoramic views of Manhattan’s iconic skyline. The building also features a landscaped ground-floor courtyard garden, perfect for a moment of tranquility. Pied-à-terre and pet-friendly (with approval), this home is located in the heart of Gramercy, with convenient access to Union Square, Madison Square Park, the Flatiron District, and some of the city’s best restaurants, shopping, and cultural attractions. Multiple subway lines are within easy reach, providing quick access to the rest of the city. Additional benefits include 80% financing, co-purchasing, gifting, and no flip tax. Don’t miss this extraordinary opportunity to live in an elegant home with private access to one of New York’s most treasured parks.

Features & Amenities

Interior Features

Soaking Tub Walk In Closets Common On Floor Common Area Flooring: Hardwood

Building Information

Building Data View Compliance & Permits
Total Units 186
Stories 18
Structure HighRise

Financial Details

Maintenance $2,043/mo
Original Price $940,000
Sale Price $900,000
Previous Price $940,000

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

175

Median Asking Price

$1.30M

Median $/Sqft

$1,766

Avg Days on Market

N/A

New This Week

6

Price Reduced

29%

Sold (30 Days)

20

Median Sale Price

$1.19M

Live data from RLS at REBNY • Updated 6/2/26, 7:03 AM EST

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Location

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32 Gramercy Park S #5D, Gramercy Park, New York County

Building Information

Official NYC property records for this building

1956
Year Built
70 years old
18
Floors
186
Residential Units
C1-9A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $28,919,250
Land Value: $2,313,000
Exemptions: $323,006

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

Lot Area: 13,800 SF
Building Area: 170,000 SF
Built FAR: 12.32
Allowed FAR: 10

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 $2,043 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1956, making it approximately 70 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: RLS11009244
First Listed: 9/13/2024
On Market: 9/13/2024
Price Changed: 3/3/2025
Closed: 2/24/2025
Contract Date: 9/5/2024

Listing Courtesy of Compass - Michael Franco

Listing Contact: (917) 817-4122

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 6/2/2026 at 11:03 AM UTC

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