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In Contract

Gramercy Towers, 32 Gramercy Park South, #13B

$895,000 | 1 bed, 1 bath
Building Profile  | 
543 days on Market

Key Details

  • Listed: May 12, 2023
    Last Price Change: ($55,000) on Oct 6
    Days on Market: 543
    Building Type: Cooperative
    Neighborhood: Gramercy Park (Manhattan)
    Doorman: FT Doorman
    Listing viewed 288 times
Monthly Maintenance: $2,146
Est. Monthly Mortgage: $4,744
Total Est. Monthly Carrying Cost: $6,890
Note: the above is based on a down payment of 20% ($179,000), which is the minimum amount permitted by the building.

Description

High floor one bedroom in tremendously sought-after 32 Gramercy Park South. This bright and airy unit is drenched with sunlight from its open, eastern exposures and comes with a key to the ultra-exclusive Gramercy Park.

Upon entry, you are greeted by a spacious foyer which leads directly into the expansive living and dining areas, beaming with natural light. The kitchen features custom cabinetry, granite countertops and stainless-steel appliances.

The expansive primary bedroom can easily accommodate a king-size bed. The renovated bathroom is outfitted with marble, a deep soaking tub and polished tile floors. Additional upgrades throughout the home include wide-plank hardwood floors and abundant closet space with custom built-ins.

32 Gramercy Park South is a full-service cooperative with 24-hour doorman, live-in resident manager, newly renovated courtyard and on-site garage.

In addition to access to Gramercy Park, residents enjoy a fully furnished and landscaped roof deck with stunning panoramic views of the Manhattan skyline. The well-managed building has been continuously modernized. Recent capital improvements include upgraded elevators, renovated hallways and laundry room, complete boiler replacement, and a new backup electricity generator.

Easy access to Union Square, Madison Square Park, and 4/5/6/L/N/R/Q/W subway lines. Pets and pied-a-terres are allowed on a case-by-case basis. There is no flip tax and 80% financing is permitted.

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Apartment Amenities

  • Eastern Exposures
Listing courtesy of Corcoran Group

Pricing History

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About Gramercy Towers, 32 Gramercy Park South

49

Gramercy Towers, 32 Gramercy Park South has received a CityRealty Rating of 49, 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

19
Out of 44
+
21
Out of 36
+
9
Out of 39
=
49
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
Good 3 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Allowed and Present 0 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:
No 0 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:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 40 blocks 2 out of 5 points
Views:
Unexciting 1 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 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:
10-15 1 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
None 0 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 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:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • FT Doorman
  • Full Service Garage
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator

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Pros
  • Not far from the also attractive- and public- Stuyvesant Park at 17th Street and Madison Square Park at 23rd Street
  • Roof deck
  • Convenient to the Flatiron District
  • Very close to the private Gramercy Park
  • Cross-town buses run on 23rd Street
  • Some terraces
  • Concierge
  • Doorman
  • Excellent restaurants and stores are nearby
  • Close to Subway
Cons
  • Bustling area with considerable traffic on Third Avenue
  • No balconies
  • Many apartments
  • No sundeck
  • No health club
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Subways

  1. 6
at Park Ave 0.22 miles
  1. L
at 3rd Ave and 14th 0.29 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
at 4th Ave and 15th 0.31 miles

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