Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $925,000

· Closed February 27, 2018

38 Gramercy Park N #5A
Closed For Sale Co-op

$925,000

38 Gramercy Park N #5A

Gramercy Park, Manhattan

38 Gramercy Park

MLS® #RLS10049825

RLS at REBNY

Listing by Elliman

1

Bedroom

1

Bath

N/A

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1930
Ownership Co-op
Maintenance $1,265/mo
Neighborhood Gramercy Park
Floor 99 of 5

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1930)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths null Full
Floor 99 of 5
Pets Yes
Cross Street 3rd Ave & Lexington Ave
Year Built 1930
Architectural Style Prewar
Parcel # 0876-0026-00038-000-000005A

Listing History

Event Date Price Change
Listed Oct 10, 2017 $925,000 -
Currently Jun 5, 2026 $925,000 -

Description

A sanctuary in bustling New York City, with the most peaceful view in Manhattan overlooking Gramercy Park! This incredible one-bedroom one-bathroom prewar gem in Manhattan's supreme Gramercy Park neighborhood sits on the top floor of the wonderfully renovated full-service 38 Gramercy Park North where you can enjoy priceless park views from the rooftop deck! A meticulously renovated home with a focus on quality of every detail, resulting in an exceptionally tasteful and luxurious ambience created by the actual owner, who is a well-known Art Director. Huge wall-to-wall steel-trim windows facing westward towards the park as well as north invite in generous light and showcase lovely park and city views. High airy ceilings enhance the loft-like living space. The gracious living/dining room enriched by hardwood floors and a decorative fireplace is divine for relaxing or hosting guests, with a backdrop of park vistas. The kitchen is beautifully appointed and functional with professional appliances and other top-of-the-line appointments. The tranquil bedroom also overlooks the park.

Located on the prized northeast of Gramercy Park, 38 Gramercy Park North is situated on the beautiful North East corner of Gramercy Park. Built circa 1853 as the Sanderson family hotel, the property has evolved in its design and use over the years. Now a sought-after cooperative with an elevator, live-in resident manager, central laundry, bike storage and storage lockers, the building was extensively facelifted and renovated in 2008, with a rooftop deck added that residents can enjoy. The piece de resistance is having access to prized Gramercy Park! Pets are allowed, as are co-purchasing, gifting and pied-a-terres.

Building Information

Financial Details

Maintenance $1,265/mo
Sale Price $925,000

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

$1.40M

Median $/Sqft

$1,732

Avg Days on Market

N/A

New This Week

6

Price Reduced

30%

Sold (30 Days)

25

Median Sale Price

$1.34M

Live data from RLS at REBNY • Updated 6/5/26, 4:17 AM EST

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Location

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38 Gramercy Park N #5A, Gramercy Park, New York County • Near 3rd Ave & Lexington Ave

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

Tax & Assessment

Assessed Value: $303,750
Land Value: $303,750
Exemptions: $0

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

Lot Area: 5,135 SF

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 $1,265 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 1930, making it approximately 96 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.

Pet policy requires confirmation with the listing broker.

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: RLS10049825
First Listed: 10/10/2017
Closed: 2/27/2018
Contract Date: 10/4/2017

Listing Courtesy of Elliman - Patricia M. Vance

Listing Contact: (917) 579-4016

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 6/5/2026 at 8:17 AM UTC

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