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The Gramercy, 34 Gramercy Park East, #8BR

$2,350,000 | 1 bed, 1.5 baths
Building Profile  | 
67 days on Market

Key Details

  • Listed: Oct 15, 2024
    Days on Market: 67
    Building Type: Cooperative
    Neighborhood: Gramercy Park (Manhattan)
    Doorman: FT Doorman
    Listing viewed 621 times
Monthly Maintenance: $4,815
Est. Monthly Mortgage: $7,802
Total Est. Monthly Carrying Cost: $12,617
Note: the above is based on a down payment of 50% ($1,175,000), which is the minimum amount permitted by the building.

Description

Key to the Park! For the discerning buyer: “Two bedrooms designed into one bedroom” This exquisitely designed apartment has been meticulously restored, having undergone an extensive renovation with no expense spared. Every aspect of the apartment has been addressed with impeccable attention to detail and only the finest quality elements were selected. The entire apartment has new electrical systems, plumbing and noise reducing windows and two-zone central air-conditioning and humidification system. There are many restored period details unique to the building, such as plaster crown moulding from the original design of 1883, fixtures, custom millwork and cabinetry, all having been integrated flawlessly. As you enter a welcoming vestibule, you are led to an almost 30’ living and dining area.

The high ceilings and beautiful new solid oak herringbone floors are a perfect backdrop for furniture and art that reflect your aesthetic. A dramatic windowed hall with grand wall sconces and custom millwork lead to a top of the line kitchen with beautiful custom cabinetry, fine appliances, Moroccan tiles and an exquisite ceiling motif. The stove and washer/dryer are vented out. The powder room, wrapped in dramatic and charming wall covering, has a restored and operable 1880’s period fixture, from the original 1883 designs. There is a niche home office located off the hall that is now outfitted with custom cabinetry. An inviting spa-like Moroccan tile bathroom is equipped with radiant heated floors, a shower/tub wet room and a refurbished 1880’s Yale tub and custom commode by Catchpole & Rye. The double sized bedroom suite with beautiful fixtures includes a handsome fireplace (with a moisture vapor flame function) that has the original tiles and mantle. The expansive dressing room has a gold leaf ceiling, custom millwork with fine hardware and numerous closets.

There is also a discreetly hidden built-in safe. Residents enjoy a 24-hour doorman, live-in building manager and full staff. There is a package room, private storage, central laundry and bike room. Pied-a-terre ownership is permitted and the building is pet friendly. “The Gramercy” is the city’s first coop and one of New York’s most coveted buildings.

It was built in 1883 in Queen Anne style with a grand arched entrance featuring mosaic floor tiles and Lincrusta covered walls. The lobby has beautiful Grueby and Minton mosaic tiles, Tiffany stained glass and the original fireplace, hearth and mantle mirror. Home to many famous people, past and present, it is one of Manhattan’s treasures.

With this distinguished address, you have access to Gramercy Park, the only private park in Manhattan.

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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

  • Attended Lobby
  • FT Doorman
  • High-Rise
  • Pre War
  • Elevator
  • Laundry Room
  • Landmarked
  • Live-In Superintendent
  • Historic District

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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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