A co-op in Gramercy recently hit the market for $4.75 million and comes with one of New York City’s most priceless amenities: an exclusive key to the park. Located at 48 Gramercy Park North, this one-bedroom home measures 1,765 square feet and features 14-foot high ceilings and exposed brick. With south-facing views overlooking the park, and a 21-foot-long veranda, this apartment should not be missed.
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The historic 1850s townhouse at 11 Gramercy Park South belonging to famous dance music producer Jellybean Benitez and his wife, former model and iconic Union Square Coffee Shop (which is closing this October after 28 years) co-owner Carolyn Benitez, is for rent once again, asking $39,950 a month for a triplex with a garden and a coveted key to the private Gramercy Park. The home’s last tenant was Diana Widmaier-Picasso, who happens to be an art historian–and a granddaughter of Pablo Picasso. It was up for sale back in 2013 when its asking price slid from $25,000 to $18,000. The Benitezes purchased the 11,610-square-foot property way back in 1992 so it’s likely that they’re getting ahead on the house either way.
Photo of Jesse Tyler Ferguson via Wikimedia
“Modern Family” star Jesse Tyler Ferguson is unloading his one-bedroom co-op in Gramercy Park for $1.5 million, just over three years after buying it. The actor and his husband, Justin Mikita, picked up the pad, which has been gut-renovated, in 2015 for just over $1.23 million. The home at 200 East 16th Street is a combination of two studio units, and there’s an option to buy the apartment fully furnished.
If you love Gramercy and you’re into classic lofts and/or pre-war apartments you’d have to be thick as a brick to pass up this $6,950 two-bedroom rental opportunity–because this sizable sunny second-floor walk-up at 116 East 19th Street is of all of the above. Gut-renovated and air-conditioned, the apartment’s multitude of brick serves as a reminder that you’re in a New York City building and not, say, a North Carolina time share.
Photo courtesy of Wally Gobetz on Flickr
An 1846 townhouse, once owned by former New York City mayor and publisher James Harper, has sold for $23.09 million in an off-market deal. The historic Greek Revival home located along Gramercy Park features sun-filled rooms, high ceilings, and elaborate crown molding, and it comes with a coveted key to the park. But the biggest bragging rights, as the New York Post learned, are that Bob Dylan sat on the stoop of the red-brick house for the cover of his album “Highway 61 Revisited.”
If you’re stuck on the idea of living in Manhattan, in a super-desirable neighborhood near just about everything great, but you’re on a budget of under $1 million, you’re probably checking out studios. And if you’re good with studio living, this gorgeous little pre-war co-op at 1 Rutherford Place in Gramercy Park would be hard to turn down. Besides being in a lovely building and possessed of custom details like a wall of steel and glass, you get a private outdoor terrace that’s almost as big as the apartment itself.
At a house-sized 3,809 square feet, this jumbo co-op at 50 Gramercy Park North, on the market for $9.5 million, is likely two apartments that were combined. As a result, there’s more room for bedrooms, living and entertaining space and more floor-to-ceiling glass to take in the view. The building is also home to the Gramercy Park Hotel, so you get hotel-level amenities as part of the deal, along with a coveted key to the park.
In New York City, where buying and selling real estate is a high-stakes endeavor, the topic of historic and landmark designation is frequently raised. There are heated discussions on the subject of listing neighborhoods or buildings on the State and National Register of Historic Places or having them designated by the city’s Landmarks Preservation Commission. It’s important to know what those organizations do and the distinctions between them. You could even be eligible for significant financial aid for your renovations if you own property in an historic district.
This two-bedroom apartment comes from the co-op building Gramercy Arms at 102 East 22nd Street. The building boasts a great location, midway between Gramercy Park and Madison Square Park. As for the apartment, it’s got plenty of prewar charm and a cute, retro kitchen to boot. And it’s asking $1.8 million.
Built in 1929 and designed by architecture firm Schwartz & Gross, the landmarked 16-story building at 44 Gramercy Park North is “distinguished and eclectic,” according to architecture critic Carter Horsley. Those adjectives certainly describe this out-of-the-ordinary home currently listed at $6.25 million, which 6sqft covered previously, marveling at the co-op’s elaborate “Downton Abbey”-esque Tudor stylings. The sprawling 12th floor apartment was the residence of the building’s owner/developer, so no expense was spared in its creation, which explains Neo-Gothic details like a limestone arch and casement windows, terra-cotta panels and brickwork. The home’s current owners have lived here nearly 50 years.
In its newest incarnation the apartment’s listing offers a combination of units 12A and 12D, turning the size of this Gramercy aerie from grand to palatial at 2,500 square feet, claiming the largest amount of frontage (88 feet) facing south onto Gramercy Park through 14 enormous handcrafted stained glass windows. And the two-in-one situation looks like quite a find for the buyer who likes options.