230-square-foot Gramercy studio comes with a key to the park for $395K
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230-square-foot Gramercy studio comes with a key to the park for $395K

March 15, 2021

Listing photos courtesy of Douglas Elliman

This Gramercy studio is just about 230 square feet, but it’s been designed with an intelligence and sophistication that makes the tiny footprint seem less obvious or obstructive. And when you factor in that it comes with a coveted key to Gramercy Park for its $395,000 price tag, it’s even better. The apartment is located at the 38 Gramercy Park East co-op and boasts 11-foot ceilings, mirrored walls, and a renovated kitchen and bathroom.

The design is a lovely mix of masculine and feminine. The built-in Murphy bed not only is practical, but it functions as an architectural highlight, too.

The galley kitchen provides a decent amount of counter space, but chefs should be warned that there’s only a two-burner cooktop (no oven) and a mini fridge.

The building has an elevator, central laundry room, bike storage, additional storage lockers available for rent, an on-site super, and a furnished roof deck overlooking the gardens below.

[Listing details: 38 Gramercy Park, Apt. 1C at CityRealty]

[At Douglas Elliman by Gabriel Leibowitz]

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Listing photos courtesy of Douglas Elliman

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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