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$980,560
List Price: $998,000
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48 Gramercy Park North #4B
Coop in Gramercy Park •  building info
1bd • 1ba
Buy with Yoreevo

$980,560

List Price

$998,000

Key Details
Days on market
15
Last price change
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Estimated payment
$7,102/mo
Taxes
Included in maintenance fees
Maintenance
$2,614/mo
Description
A GRAMERCY PARK GEM Just imagine, living in the neighborhood's quite elegance, yet only steps from the primo offerings of this busting city. Situated in a distinguished 1858 Italianate townhouse on Gramercy Park, this charming one-bedroom residence offers the rare opportunity to own a home with a key to Manhattan's only private park. Apartment 4B is filled with character and natural light, featuring soaring 10.5-foot ceilings, oversized windows, and gracious proportions throughout. A wood-burning fireplace with a classic mantle adds warmth and old-world charm to the cozy living space, creating an inviting setting for both relaxing and entertaining. The bedroom enjoys north- and west-facing exposures and is privately positioned off the living room, opening onto a charming terrace - a rare and desirable feature in New York City. Ideal for morning coffee or evening cocktails, the outdoor space comfortably accommodates seating and dining, serving as a peaceful extension of the home as well as an "extra room" 6 months of the year. This intimate boutique cooperative offers a unique sense of privacy with just eight residences across five stories. Residents enjoy elevator access, virtual doorman service, central laundry, private storage, low monthly fees, and a pet-friendly, pied-à-terre-friendly policy. Plus the National Arts and Players clubs, mass transit, Union Square, and a full range of supermarkets, convenience shops and restaurant options only minutes away. Rich in history and once home to Edward Hewitt, grandson of industrialist Peter Cooper, the building remains one of Gramercy Park's most distinctive addresses, combining historic architecture, an exceptional location, and enduring charm.

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Important Stuff
Elevator
Cats and Dogs allowed
Unit features
Fireplace
Storage Available
Building amenities
Services and facilities
Laundry in Building
Storage Space
Building info

History
What it'll cost
Purchase price
$998,000
Asking Price: $998,000
Term
30 Years
Down Payment
$249,000 (25%)
Min: 25% (249,000)
Rate
6.0 %
Mortgage Amount
$748,500
Mortgage Payment
$4,488
Maintenance
$2,614
Estimated Yoreevo rebate
$17,440
Estimated closing cost
$7,000
Total monthly cost $7,102
Buy your dream home with us and get an estimated $17,440 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Douglas Elliman

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