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50 Gramercy Park North #5B
Coop in Gramercy Park •  building info
3bd • 3.5ba • 2,729ft² $1,392 per ft²
List Price

$3,800,000

Key Details
Days on market
46
Last price change
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Estimated payment
$33,918/mo
Taxes
Included in maintenance fees
Maintenance
$15,200/mo
Description
Perfectly perched overlooking New York City's prettiest private parks, Gramercy Park, this beautifully renovated and sun-drenched three bedroom and three and a half bath loft-like home offers 2,729sf (254sm) of expansive living space with 12ft ceilings and captivating walls of glass. Residents at 50 Gramercy Park North enjoy the privacy of a 23-unit Cooperative with condo rules offering a superb level of service. Amenities which include a fulltime doorman, gym, private storage and a coveted key to Gramercy Park. A well-proportioned entry gallery leads to the impressive 28 X 23 double height "Great Room" punctuated by a handsome fireplace and 12" floor to ceiling walls of glass onto Gramercy Park. This expansive south facing sun-pierced room provides ample space for separate living and dining areas. The marvelously spacious custom windowed kitchen adjacent the living space includes a large center island and additional space for casual dining. Beyond the living space, a separate hall leads to three bedroom suites each with their own baths distinguished by Waterworks fixtures and marble tiling throughout. The corner primary bedroom suite includes a new over-sized bath with double sinks, stall shower and soaking tub and custom walk-in closet. A second bedroom suite is quietly tucked away off the entry gallery. The third bedroom suite doubles as a comfortable office overlooking Gramercy Park and offers a cozy contrast to the larger living space. A powder room off the entry and laundry closet complete the layout. Finishes include hardwood flooring, central air-conditioning, custom window treatments and custom lighting. 50 Gramercy Park North, entirely new architecture completed in 2006 by John Pawson Architect, crowns the northern tip of Gramercy Park and forms part of the Gramercy Park Historic District. The park is surrounded by original mid-19th century townhouses and includes the National Arts Club and Players" Club. The preserved landmark building facades blend seamlessly with the modern architecture to create a timeless centerpiece in the heart of one of the most desirable squares in New York City. Capital Assessment: $4,503.88/month through December 31, 2025 for Capital Improvements: Local Law 11, Cooling Tower replacement, Elevator modernization, Lobby renovation.

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Important Stuff
Elevator
Washer/Dryer in unit
Full Time Doorman
Cats and Dogs allowed
Policies
Pied-a-Terre Allowed
Unit features
Central Air
Dishwasher
Hardwood floors
Storage Available
Fireplace

Gas

Building amenities
Services and facilities
Concierge
Fios Available
Laundry in Building
Parking

Garage

Valet Service
Wellness and recreation
Gym
Building info

History
What it'll cost
Purchase price
$3,800,000
Asking Price: $3,800,000
Term
30 Years
Down Payment
$760,000 (20%)
Min: 20% (760,000)
Rate
6.25 %
Mortgage Amount
$3,040,000
Mortgage Payment
$18,718
Maintenance
$15,200
Estimated closing cost
$64,000
Total monthly cost $33,918
Listing Courtesy of Corcoran Group

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