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A blog from CityRealty (Links below will take you to the 6sqft site)

Gramercy Towers, 32 Gramercy Park South, #2H

$745,000 ($1,242 per ft2) -6.8% | 1 bed, 1 bath | Approx. 600 ft2
149 days on Market

Key Details

  • Listed: Mar 21, 2022
    Last Price Change: -2.6% ($20,000) on Aug 2
    Days on Market: 149
    Building Type: Cooperative
    Neighborhood: Gramercy Park (Manhattan)
    Doorman: FT Doorman
    Listing viewed 389 times
Monthly Maintenance: $1,557 ($2.60/ft2)
Total Taxes & Fees: $1,557 ($2.60/ft2)
Est. Monthly Mortgage: $3,339
Total Est. Monthly Carrying Cost: $4,896 ($8.16/ft2)
Note: the above is based on a down payment of 20% ($149,000), which is the minimum amount permitted by the building.

Description

World famous address and Private KEY to GRAMERCY PARK! Spacious, quiet 1-bedroom apartment has western exposure with partial views of townhouse gardens.

This home offers serenity and quiet, facing away from the street. There are oversized windows, 3 large closet and thru-wall air conditioning units.

Dishwasher installation is permitted as well.

32 Gramercy Park South is a full-service cooperative with 24-hour doorman, live-in resident manager and on-site garage. In addition to access to Gramercy Park, there is an exceptional landscaped roof deck with panoramic views of the Manhattan skyline.

Recent capital improvements include upgraded elevators, renovated hallways and laundry room, complete boiler replacement, and a new backup electricity generator. Easy access to Union Square, Madison Square Park, and 4/5/6/L/N/R/Q/W subway lines.

Pets and pied-a-terres are allowed case-by-case. FIOS accessible. There is no flip tax and 80% financing is permitted.

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Apartment Amenities

  • Western Exposures

Listing Agent (Seller's Representative)

Similar Apartments Nearby

 

Pricing History

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About Gramercy Towers, 32 Gramercy Park South

49

Gramercy Towers, 32 Gramercy Park South has received a CityRealty Rating of 49, 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

19
Out of 44
+
21
Out of 36
+
9
Out of 39
=
49
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
Good 3 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Allowed and Present 0 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:
No 0 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:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 40 blocks 2 out of 5 points
Views:
Unexciting 1 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 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:
10-15 1 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
None 0 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 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:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points
  • Co-op
  • Built in 1956
  • 175 Apartments
  • 18 Floors

Building Amenities

  • FT Doorman
  • Full Service Garage
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator

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

  1. 6
at Park Ave 0.22 miles
  1. L
at 3rd Ave and 14th 0.29 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
at 4th Ave and 15th 0.31 miles

Other Apartments Available in this Building (2)

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Listing provided courtesy of Douglas Elliman - Manhattan