Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $985,000

· Closed February 13, 2020

3 Gramercy Park W #1-F
Closed For Sale Co-op

$985,000

3 Gramercy Park W #1-F

Gramercy Park, Manhattan

MLS® #RLS10589879

RLS at REBNY

Listing by Compass

Studio

1

Bath

N/A

Sq. Ft.

1830

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1830
Ownership Co-op
Maintenance $820/mo
Neighborhood Gramercy Park
Floor 1 of 5

Property Highlights

  • Exposure: East facing
  • Style: Prewar architecture
  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 1 of 5
Exposure East
Cooling Wall Units
Pets Yes
Cross Street East 20th Street/East 21st Street
Year Built 1830
Architectural Style Prewar
Block/Lot 876/12

Listing History

Event Date Price Change
Listed Nov 11, 2019 $985,000 -
Currently Apr 25, 2026 $985,000 -

Description

When less is more... For the discerning buyer, welcome to a perfectly faceted jewel of a studio directly facing Gramercy Park in a historic Greek Revival Townhouse. Your front windows are graced by a private garden as well as romantic handcrafted wrought iron lacework that echoes the gates of the park. Thoughtfully and beautifully renovated by renowned Edward Lobrano Interior Design with exceptional care, outstanding craftsmanship and understated elegance, every inch of this bijou home has been re-imagined, respecting the original spirit and enhanced by the chic sophistication and state of the art comforts expected in a contemporary lifestyle.


Entering the ground floor into an 1840's period foyer, you turn the key into your entry and voila! The quintessential magic of great design! Within this outstanding studio are inviting spaces: living area (cum bedroom) dining area and study, all bathed in east facing light and the natural beauty of Gramercy Park Square. The separate kitchen is perfectly outfitted with top appliances: Liebherr refrigerator with ice maker; General Electric micro-wave, DeLonghi electric wall oven; DeLonghi gas stovetop; Franke sink; Satin nickel faucet, General Electric Monogram dishwasher; all appliances in stainless steel. The bathroom is lovely with handcrafted tiles, mosaic flooring by Walker Zanger, a 5 foot cast iron tub and polished nickel fixtures, a Caxton Oval sink and matching designer fabric covered walls and ceiling. Two spacious closets complete the bathroom.Every system, electrical, plumbing etc. is state of the art. There is an in wall surround speaker system and the Air conditioning is controlled by a wireless thermostat. The large living room facing the park has custom period molding, recessed lighting, and lovely built-ins. The floors are quarter sawn white oak.Apartment 1F at 3 Gramercy Park West offers a quiet oasis in a historic district in a landmarked Townhome designed by the distinguished architect of New Orleans fame, Alexander Jackson Davis.


With a coveted key to the lovingly manicured park, those fortunate few enjoy a haven in all seasons in a garden graced with the statue of thespian Edwin Booth at center stage, a distant Chrysler building as well as a lovely Calder sculpture donated by the artist. Gramercy Square is a prestigious neighborhood, distinguished by an exceptionally rich architectural heritage known as the American Bloomsbury it has always been a magnet for the cultural glitterati: artists, novelists, architects, politicians, poets, actors, and dreamers. From Stephen Crane, Mark Twain, Hermann Melville, Theodore Dreiser, Zelda and Scott Fitzgerald, Ethel Barrymore, George Gershwin, Stanford White, to James Cagney, John Barrymore and Julia Roberts. Gramercy Park has been home to them all. Today as in the past, cultural persona meet and dine at the Players Club or The National Arts Club, The hip and affluent chill at the trendy Gramercy Hotel. The local vibe offers a mix of old world and new. The ambience on the Square is charming and peaceful, an antidote to the bustling and hip surrounds replete with the best restaurants and shops.


The building is self-managed with a Super, Gardener, Handyman, Housekeeper, and Accountant to attend to maintenance issues. Pied a Terre buyers are welcome. Pet friendly. Flip Tax 1%.

Features & Amenities

Interior Features

Dining Area

Exterior Features

Garden

Building Information

Financial Details

Maintenance $820/mo
Sale Price $985,000

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

12

Price Reduced

26%

Sold (30 Days)

16

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 4/25/26, 3:40 PM EST

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Location

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3 Gramercy Park W #1-F, Gramercy Park, New York County • Near East 20th Street/East 21st Street

Building Information

Official NYC property records for this building

1847
Year Built
179 years old
4
Floors
6
Residential Units
R7B
Zoning District
Walk-Up Apartments Historic District: Gramercy Park Historic District

Tax & Assessment

Assessed Value: $1,935,000
Land Value: $508,500
Exemptions: $0

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

Lot Area: 2,888 SF
Building Area: 7,415 SF
Built FAR: 2.57
Allowed FAR: 3

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 $820 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1830, making it approximately 196 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: RLS10589879
First Listed: 11/11/2019
Closed: 2/13/2020
Contract Date: 10/14/2019

Listing Courtesy of Compass - Barbara Evans-Butler

Listing Contact: (917) 225-5515

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 7:40 PM UTC

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