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32 Gramercy Park South
Last updated on May 11, 2026

Gramercy Towers,
32 Gramercy Park South

Gramercy Towers is an 18-story cooperative building with 175 units, completed in 1956 and located at 32 Gramercy Park South. The building offers amenities such as a laundry room, roof terrace, and on-site garage, and is conveniently situated near transportation, shopping, and dining options. Currently, 2 apartments are for sale.

32 Gramercy Park South Location Map
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Overview of Gramercy Towers at 32 Gramercy Park South

Located at 32 Gramercy Park South, Gramercy Towers is an 18-story cooperative building completed in 1956. It offers residents a unique opportunity to access the exclusive Gramercy Park, one of New York City's only private parks. The building features 175 units with amenities such as a 24-hour doorman, live-in superintendent, on-site garage, and a landscaped roof deck with panoramic city views. Recent renovations include updated hallways, a modern lobby, and a new backup electricity generator.

Apartments in Gramercy Towers are known for their spacious layouts, large picture windows, and abundant natural light. Many units have been updated with modern finishes, including hardwood floors, custom cabinetry, and high-end appliances. Residents enjoy the convenience of a central laundry room and the option for pied-Ă -terre living. Pets are welcome, with certain restrictions.

The building's prime location offers easy access to Union Square, Madison Square Park, and the Flatiron District, with a variety of dining, shopping, and entertainment options nearby. Public transportation is readily available, with multiple subway lines and bus routes in close proximity. Financing up to 80% is permitted, and there is no flip tax, making it an attractive option for potential buyers.

Overall, Gramercy Towers combines classic post-war architecture with modern amenities and a coveted location, providing a desirable living experience in the heart of Manhattan.
Doorman
Full Time
Type
Co-op
Year Built
1956
Apartments
Floors
18
Pets: Allowed
Neighborhood
Min Down
20%

Amenities

  • FT Doorman
  • Full Service Garage
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
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  1. 6
at Park Ave 0.22 miles
  1. L
at 3rd Ave and 14th 0.28 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
at 4th Ave and 15th 0.30 miles

Pros & Cons

  • 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
  • Bustling area with considerable traffic on Third Avenue
  • No balconies
  • Many apartments
  • No sundeck
  • No health club

CityRealty Rating

19
/44
Architecture
+
21
/36
Location
+
9
/39
Features
=
49
CITYREALTY
RATING
  • How is the CityRealty Rating calculated?

    Architecture
    • 30+ remarkable
    • 20-29 distinguished
    • 11-19 average
    • < 11 below average
    Location
    • 27+ remarkable
    • 18-26 distinguished
    • 9-17 average
    • < 9 below average
    Features
    • 22+ remarkable
    • 16-21 distinguished
    • 9-15 average
    • < 9 below average

Broker & Buyer Comments

This "well-maintained" 1956 full-service co-op offers "coveted" Gramercy Park key access and boasts a "recently renovated" lobby with "modern feel." The 18-story building features a "spectacular" roof deck with "breathtaking views" of NYC landmarks including the Empire State Building and Chrysler Building. "Prime location" near Union Square's transportation hub, with "convenient access" to Whole Foods and Trader Joe's. Building amenities include 24-hour doorman, garage, and updated laundry facilities, while its position "steps from the park" makes it a "sought-after Gramercy address."

Sales History

Price/Room (Est)

Why are we displaying the estimated price per room?

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.

Price/Ft2 (Est)
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Sales Summary

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Sales History by Apartment Size

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Pricing Comparison of Similar Buildings

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