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In Contract

The Gramercy, 34 Gramercy Park East, #1BR

$1,075,000 -15.7% | 1 bed, 1 bath
View Full Building Profile  | 
189 days on Market

Key Details

  • Listed: Oct 26, 2023
    Last Price Change: -6.5% ($75,000) on Jan 9
    Days on Market: 189
    Building Type: Cooperative
    Neighborhood: Gramercy Park (Manhattan)
    Doorman: FT Doorman
    Listing viewed 2,114 times
Monthly Maintenance: $3,644
Est. Monthly Mortgage: $3,729
Total Est. Monthly Carrying Cost: $7,373
Note: the above is based on a down payment of 50% ($537,500), which is the minimum amount permitted by the building.

Description

Key to the Park! 13’ Ceilings with Exquisite Original 1883 Ornate Crown Mouldings – This one bedroom, one bath apartment has a grand living room with 13’ ceilings and original 1883 mouldings- a perfect space for elegant entertaining. There is an original fireplace with original hearth tiles (now decorative) and three 7’ windows with shutters. There is more than ample space to accommodate fine dining in this lovely setting. Note: This apartment is located on the 2nd floor as the building utilizes the European floor numbering system.

The entry hall provides gallery space to display your art and entice your guests. Interesting, angled walls leading to a gracious hall - all with exquisite moulding and high ceilings. The apartment has wood parquet floors throughout. The large open kitchen, that can accommodate a dining table and banquette, is awaiting the design of your dream kitchen.

An additional full bath can be easily added to this residence, as well as a W/D. Note: This apartment could be converted to a two bedroom apartment where the existing bedroom becomes the LR and the large living room, two bedrooms. There can be two full bathrooms. This layout has precedent in the building. “The Gramercy” is one of Manhattan’s treasures. It was built in 1883 in Queen Anne style and home to many famous people, past and present, including James Cagney and Margaret Hamilton, the Wicked Witch of the West.

It is Manhattan’s first co-op and one of New York’s most sought-after buildings. It is renowned for its beautiful lobby with Tiffany glass ceiling, Grueby and Minton tiles, and original fireplace, hearth and mantle mirror. With this distinguished address, 34 Gramercy Park East, you have access to Gramercy Park, the only private park in Manhattan. Residents enjoy a 24-hour doorman, live-in building manager and full staff.

There is private storage that conveys with the apartment, a package room, central laundry, and bike room. Pets are welcome, and pied-a-terres are considered. The building is conveniently located near great shopping, the Union Square Green Market, and outstanding restaurants.

Kindly note – financing is 50%. There is an assessment of $914.34 through 12/23

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Listing Agent (Seller's Representative)

Listing courtesy of Compass

Pricing History

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About The Gramercy, 34 Gramercy Park East

86

The Gramercy, 34 Gramercy Park East has received a CityRealty Rating of 86, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

28
Out of 44
+
30
Out of 36
+
20
Out of 39
+
8
=
86
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Part of Historic District 1 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 40 blocks 2 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
Some 1 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • FT Doorman
  • Pre War
  • Elevator

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Pros
  • Overlooks Gramercy Park
  • Doorman
  • Intriguing architecture
  • High ceilings
  • Residents have keys to Gramercy Park
  • Close to Subway
Cons
  • No garage
  • No health club
  • No sundeck
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Subways

  1. 6
at Park Ave 0.19 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. L
at Broadway and 16th 0.31 miles

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