48 Gramercy Park North - Gramercy Park
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48 Gramercy Park North, constructed in 1858, is a historic brownstone cooperative that once housed Edward Hewitt, grandson of industrialist Peter Cooper. The building stands prominently along New York City's only private park, representing a piece of the neighborhood's storied past.
The intimate cooperative contains just five units across eight stories, maintaining an exclusive atmosphere characteristic of its Gramercy Park location. The building features an elevator, virtual doorman system, central laundry facilities, and private basement storage for residents.
Apartments in the building showcase distinctive pre-war architectural elements, including soaring 12-foot ceilings, wood-burning fireplaces with Italianate mantles, and large windows with original moldings. The building's façade maintains its stunning historical character while incorporating modern amenities.
As one of the select buildings surrounding Gramercy Park, residents receive coveted keys to Manhattan's only private park. The cooperative welcomes both pets and pied-à-terre arrangements, offering flexibility to potential shareholders.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.
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