Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
48 GRAMERCY Park N #1B
Interested in this property?
Active For Sale Co-op

$1,495,000

48 GRAMERCY Park N #1B

Gramercy Park, Manhattan

48 Gramercy Park North

MLS® #RLS20092058

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

1

Bedroom

2

Baths

N/A

Sq. Ft.

1858

Year Built

Quick Summary

Bedrooms 1
Bathrooms 2
Year Built 1858
Ownership Co-op
Maintenance $2,882/mo
Neighborhood Gramercy Park
Floor 1

Property Highlights

  • Fireplace: 1 fireplace
  • Climate Control: Other
  • Character: Pre-war building (1858)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 2 Full
Floor 1
Cooling Other
Pets Yes
Year Built 1858
Structure Type HighRise
Basement Other
Parcel # 0877-0025-00048-000-00001BC
Block/Lot 00877/0025

Listing History

Event Date Price Change
Listed May 18, 2026 $1,495,000 -
Currently May 18, 2026 $1,495,000 -

Description

Welcome to an extraordinary ground-floor townhouse apartment with a private landscaped garden. This sophisticated home is ideal for a discerning buyer who appreciates the property's historical roots as well as its modern luxuries. A one-bedroom sanctuary featuring two full bathrooms and a well-designed kitchen equipped with Miele and Sub Zero appliances, also features a wood-burning fireplace and central air.

48 Gramercy Park North is an eight-story, five-unit cooperative located along New York's oldest private green space. This building has a virtual doorman, elevator, central laundry and private basement storage. Pied-a-terre and pets allowed. Shareholders have access to Gramercy Park.

Features & Amenities

Interior Features

Building Other Fireplace (1)

Exterior Features

Private Outdoor Space Under60 Sqft

Building Amenities

Elevators

Building Information

Financial Details

Maintenance $2,882/mo

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

168

Median Asking Price

$1.45M

Median $/Sqft

$1,797

Avg Days on Market

N/A

New This Week

12

Price Reduced

28%

Sold (30 Days)

6

Median Sale Price

$735K

Live data from RLS at REBNY • Updated 5/18/26, 6:38 PM EST

Similar Listings in Gramercy Park

View All

Location

Loading map...

48 GRAMERCY Park N #1B, Gramercy Park, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
5
Floors
8
Residential Units
R9A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $1,570,500
Land Value: $540,000
Exemptions: $4,580

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

Lot Area: 2,307 SF
Building Area: 7,866 SF
Built FAR: 3.41
Allowed FAR: 7.52

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 $2,882 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 2 full bathrooms.

According to MLS records, the building was constructed in 1858, making it approximately 168 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: pet friendly,Building Pets Allowed Comments:pet friendly. 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: RLS20092058
First Listed: 5/18/2026
On Market: 5/18/2026
Price Changed: 5/18/2026
Contract Date: 5/18/2026

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Elese Reid

Listing Contact: (212) 396-5861

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 5/18/2026 at 10:38 PM UTC

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

Call Text Email