Discover timeless charm and modern luxury in this exceptional one-bedroom residence at 48 Gramercy Park North, located in a distinguished 1858 Italianate townhouse. Overlooking Manhattan's only private park - and with coveted key access - this intimate co-op seamlessly blends pre-war grandeur with modern convenience.
Apartment 4B is filled with character and light, featuring soaring 10-1/2-foot ceilings and oversized windows that bathe the space in natural sunlight throughout the day. A working wood-burning fireplace with a handsome mantle anchors the gracious living room, offering an ideal setting for both quiet evenings and elegant entertaining.
The North- and East-facing bedroom is privately situated just off the living room and opens to a charming terrace, an exceptional feature in any New York apartment. This peaceful outdoor space easily accommodates a bistro table and chairs or a small lounge setup, making it a true extension of the living space. From early spring through late fall, it becomes a favorite spot to enjoy morning coffee or evening cocktails.
This quiet boutique building offers a rare sense of privacy and community, with just eight residences spread across five stories. There is elevator access, a virtual doorman system, central laundry, private storage, and a welcoming policy for pets and pied- a-terres.
Rich in history, the cooperative was once home to Edward Hewitt, grandson of famed industrialist Peter Cooper. Today, it remains one of Gramercy Park's coveted addresses, offering timeless architecture, an unmatched location, and an enduring sense of place.
There is currently a temporary $450 monthly assessment in place. A new roof has recently been completed, and an elevator upgrade is planned.
Listed by Nancy A Van Bourgondien
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Corcoran Group
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(917) 838-8468
Last updated October 20, 2025
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Source: REBNY #RLS20034983
Listing Facts
TypeCo-op
NeighborhoodGramercy Park
Bedrooms1
Bathrooms1
Days on Prevu108
HOA/Maint. Fees$2,358/month
Size650 sqft
Price per sqft$1,537
Amenities
Private Outdoor Space
Pets Allowed
Location
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Listing History
10/11/2025
Price Decreased
$999,000
09/16/2025
Status changed to Active
$1,190,000
08/15/2025
Status changed to Removed from Feed
$1,190,000
07/07/2025
Listed by Corcoran Group
$1,190,000
Estimated Closing Costs
Total
$9,500
Attorney Fees
$4,000
Bank Attorney
$1,500
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $999,000 and a 25% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.