Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $375,000

· Closed August 12, 2021

38 Gramercy Park #1C
Closed For Sale Co-op

$375,000

38 Gramercy Park #1C

Gramercy Park, Manhattan

MLS® #RLS10701433

RLS at REBNY

Listing by Elliman

Studio

1

Bath

N/A

Sq. Ft.

1920

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1920
Ownership Co-op
Maintenance $967/mo
Neighborhood Gramercy Park
Floor 1 of 5

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1920)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 1
Baths 1 Full
Floor 1 of 5
Pets Yes
Cross Street 21ST & 3RD AVE
Year Built 1920
Architectural Style Prewar
Parcel # 0876-0026-00038-000-000001C

Listing History

Event Date Price Change
Listed Feb 26, 2021 $395,000 -
Currently Jun 3, 2026 $375,000 -5.1%

Description

A rare opportunity to get your own key to Gramercy Park! Residence #1C at 38 Gramercy Park is a charming studio in a prewar co-op with lovely views of the beautiful tree-lined street. Boasting 11-foot ceilings, mirrored walls and a renovated kitchen and bathroom, the apartment has a bright, lofty vibe to it. Smartly configured with a built-in murphy bed, it can easily be transformed from living room/work space to sleeping quarters. 38 Gramercy Park boasts an elevator, central laundry room, bike storage, additional storage lockers available for rent, on-site super and, best of all, a furnished roof deck overlooking the lush gardens below (see photos!). Conveniently located in the calm-but-pulsating heart of Gramercy, it's mere steps away from the park, as well as endless amazing restaurants and boutiques. The National Arts Club, which offers numerous culturally exciting events (often for free!), is just a half block away. Pets, subletting, co-purchasing, gifting, and pied-a-terres are all permitted.

Features & Amenities

Interior Features

New Windows

Building Information

Financial Details

Maintenance $967/mo
Original Price $395,000
Sale Price $375,000

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

173

Median Asking Price

$1.40M

Median $/Sqft

$1,744

Avg Days on Market

N/A

New This Week

7

Price Reduced

29%

Sold (30 Days)

23

Median Sale Price

$1.20M

Live data from RLS at REBNY • Updated 6/3/26, 7:49 PM EST

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Location

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38 Gramercy Park #1C, Gramercy Park, New York County • Near 21ST & 3RD AVE

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 $967 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 1920, making it approximately 106 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: RLS10701433
First Listed: 2/26/2021
Price Changed: 4/29/2021
Closed: 8/12/2021
Contract Date: 2/26/2021

Listing Courtesy of Elliman - Gabriel Leibowitz

Listing Contact: (917) 312-5624

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 6/3/2026 at 11:49 PM UTC

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