THE GRAMERCY PARK INSIDER

ADVICE, TIPS, AND INFO ON GRAMERCY PARK REAL ESTATE FROM AN INSIDER AGENT  

An Insiders Guide To Real Estate In Gramercy Park- The Buildings

1 Lexington Avenue

Built in 1910, One Lexington is Gramercy Park’s most prestigious apartment house. The building, located between 21st and 22nd Streets, has an Old World, clubby feel. The building has 27 apartments on its 12 floors, most of which are spacious duplexes. The apartments are well-known for their distinctive pre-WWI details including 10 foot ceilings, fireplaces, lead glass windows and herringbone floors.

7 Lexington Avenue

Park Gramercy is a full-service Cond-op less than a block from Gramercy Park and across from the Gramercy Park Hotel. The 13-floor building with 93 residential units and 4 doctors’ offices was designed by architects Boak and Raad in 1948 for Rose Associates, Inc. as a rental building. It sits on the plot which was the former home of Peter Cooper. In 1990 the building converted to a Condop; the 4 doctor’s office on the first floor were retained by Rose Associates and that part of the building is a Condominium.The approval process is like a condominium with no board interview. This is an investor friendly building with no set limits on sublets or minimum down payment requirements for purchase. The building welcomes foreign buyers purchasing homes as pied-a-terre’s or as an investment. The building has a full-time doorman, a beautiful planted roof deck, bicycle storage, a new central laundry in the basement and is dog friendly.

2 Gramercy Park West

2 Gramercy Park West is a pre-war co-op building in downtown Manhattan’s Gramercy Park neighborhood finished in 1920. Situated at 2 Gramercy Park West, between East 20th Street and East 21st Street, the building contains 7 units and rises 5 stories. The walk-up building’s amenities include basement storage, garden, intercom, outdoor entertainment space, in-unit washer/dryer, fireplaces and terraces / balconies.

18 Gramercy Park South

At the heart of New York’s most uniquely enduring and elegant neighborhood is 18 Gramercy Park, a Georgian Revival building respectfully reimagined by the team behind Fifteen Central Park West – Zeckendorf Development, Global Holdings, and Robert A.M. Stern Architects. True to the legacy of the Gramercy Park neighborhood, which was designated an historic district and which is listed on the National Register of Historic Places, to live at 18 Gramercy Park is to live at a cross section of the qualities New York presents; uptown and downtown, urbane and green, classic and modern, domestic and worldly. The building’s articulated footprint – presenting a spectacular 40 feet of frontage on Gramercy Park and double recesses on Irving Place – maximizes the façade, opening up an abundance of windows and direct park views from nearly every room within. Full-floor, four-bedroom condominium residences provide a superlative level of space, light and privacy. Every full-floor residence occupies more than 4,200 square feet accessed via key-locked elevator, with living rooms that span the entire front of the building overlooking the two-acre private park magnificently landscaped with mature specimen trees and seasonal plantings. A duplex penthouse has a heated infinity pool and nearly 2,000 square feet of terraces. Owners enjoy the privacy of a boutique condominium without compromising on service or amenities. A full-time general manager, 24-hour doorman, full-time concierge and staff of porters cater to only sixteen residences. There are two roof terraces, a club room, and a spa and fitness center managed by the Wright Fit.

24 Gramercy Park South

Built in 1909 and converted into a to co-op in 1956, 24 Gramercy Park South is one of the most sought-after White Glove doorman buildings in Gramercy Park. Spanning twelve floors, the grand apartments offer spacious layouts, views of the park, wood-burning fireplaces, juliet balconies and original crown moldings.
The elegant building features a full-time doorman, a key to the park, elevator intendant, laundry facilities and private wine cellars. Located just steps around the corner from Pete’s Tavern, Friend of a Farmer and Union Square.

 32 Gramercy Park South

This full-service cooperative built in 1956 and converted in 1977 has 185 units on 18 floors, some units with outdoor space. The make-up of apartments include straight studios, alcove studios, one bedroom and two bedroom apartments. The building has a 24 hour doorman, roof deck with incredible views of the Empire State Building, Met Life Tower and Chrysler Building, central laundry room and garage. The lobby, hallways, laundry room and roof deck have all been recently renovated. The building is a short distance to the Union Square subway hub and the wonderful farmer’s market. In addition, Whole Foods and Trader Joe’s along with many popular restaurants are all within walking distance. All residents of 32 Gramercy Park South able to purchase the Coveted Key to Gramercy Park.

 34 Gramercy Park East

Built in 1883 as an apartment house, this 9-story red brick building was the first cooperative in New York City, and was home to many famous people, including James Cagney and Margaret Hamilton, the Wicked Witch of the West. Described as “A craggy, mysterious red brick and red terra-cotta pile whose Queen Anne forms are among the city’s most spectacular,” by Elliot Willensky and Norval White in the book, “The A.I.A. Guide to New York City,” (Harcourt Brace Jovanovich, 1988), the building was designed by George W. DaCunha, and developed by Charles A. Gerlach. The Gramercy’s elevator was one of the last hydraulic elevators in operation in New York City until the mid 1990’s, when it was converted to electric. Before then the elevator only went to the 8th floor (the 9th floor was the servant’s quarters, and they didn’t get the luxury of using the elevator).

36 Gramercy Park East

The only historic pre- war condominium facing Gramercy Park. Classic 5, 6, 7 layouts with direct park views and a private key to the park. 36 Gramercy Park East is the most recent conversion, development and restoration of a landmark pre-war luxury condominium and is considered one of New York City’s most unique buildings. Steps away from the Gramercy Park Hotel at 50 Gramercy Park North, Park Avenue South restaurant and shopping district and Union Square. Built in 1908 by james Gordan Riley, this building is considered the Grand Dame of the the Park.

38 Gramercy Park East

Built around 1853 as the Sanderson family hotel, this property has undergone a succession of alterations in design and use. It is presently a cooperative with approximately 35 units with an elevator, central laundry, bike storage, storage lockers and a live-in resident manager. For several years starting in 2008 the building went through an extensive renovation and the entire façade of the building was given a beautiful face lift. A roof deck was added, and the interiors of the building were redone. The apartments in the building have high ceilings varying from 9’ to 11’, hardwood floors and old casement windows that add to the Prewar charm of this well managed cooperative. Residents of the building have access to luscious Gramercy park.

44 Gramercy Park North

Built in 1929 and designed by architect: Schwartz and Gross using Neo-Gothic details that include a limestone arch and casement windows, with terra-cotta panels and brick work, 44 Gramercy Park North is truly one of the landmark buildings on Gramercy Park. A key to Gramercy Park, the only private park in the city, plus proximity to the newly restored Gramercy Park Hotel, trendy restaurants of Park Avenue South, Union Square and all major subway lines, are added benefits. The building offers a doorman who doubles up as an elevator operator, central laundry, private and a live-in resident manager. The building is pet friendly.

45 Gramercy Park North

45 Gramercy Park North was designed as a simple Neo-Renaissance apartment building with a stone base ornamented with babies carved in relief by architects George and Henry Boehm in 1926. The building has a doorman who doubles as an elevator operator, a central laundry and is pet friendly. Residents of the building have access to the famed Gramercy Park.

48 Gramercy Park North

This small row house built in 1858 was home to Peter Cooper’s grandson, Edward Hewitt for many years. In 1968 the park frontage of the building was embellished by adding Louisiana style verandas. This cooperative has an elevator, a central laundry and private storage in the basement and is pet friendly.

60 Gramercy Park North

Built in 1928 and designed by Emery Roth using Spanish and Italian motifs and Renaissance-inspired terra cotta detail, 60 Gramercy Park North is truly one of the landmark buildings on Gramercy Park. A key to Gramercy Park, the only private park in the city, plus proximity to the newly restored Gramercy Park Hotel, trendy restaurants of Park Avenue South, Union Square and all major subway lines, are added benefits. The building offers full-time doormen, a fully equipped state-of-the-art gym, central laundry, private storage cabinets, a bike room and a live-in resident manager. There are two beautifully landscaped central courtyards. The building is pet friendly and allows parents to co-purchase with children.

 

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