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48 Gramercy Park N 4BNew York, NY 10010

For Sale

$998,000

Smart Buyer Rebate $12,450

A GRAMERCY PARK GEM Just imagine, living in the neighborhood's quite elegance, yet only steps from the primo offerings of this busting city. Situated in a distinguished 1858 Italianate townhouse on Gramercy Park, this charming one-bedroom residence offers the rare opportunity to own a home with a key to Manhattan's only private park. Apartment 4B is filled with character and natural light, featuring soaring 10.5-foot ceilings, oversized windows, and gracious proportions throughout. A wood-burning fireplace with a classic mantle adds warmth and old-world charm to the cozy living space, creating an inviting setting for both relaxing and entertaining. The bedroom enjoys north- and west-facing exposures and is privately positioned off the living room, opening onto a charming terrace - a rare and desirable feature in New York City. Ideal for morning coffee or evening cocktails, the outdoor space comfortably accommodates seating and dining, serving as a peaceful extension of the home as well as an "extra room" 6 months of the year. This intimate boutique cooperative offers a unique sense of privacy with just eight residences across five stories. Residents enjoy elevator access, virtual doorman service, central laundry, private storage, low monthly fees, and a pet-friendly, pied-à-terre-friendly policy. Plus the National Arts and Players clubs, mass transit, Union Square, and a full range of supermarkets, convenience shops and restaurant options only minutes away. Rich in history and once home to Edward Hewitt, grandson of industrialist Peter Cooper, the building remains one of Gramercy Park's most distinctive addresses, combining historic architecture, an exceptional location, and enduring charm.

Listed by Patricia Vance

·

Douglas Elliman Real Estate

·

(917) 579-4016

Last updated May 27, 2026

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Source: REBNY #RLS20093004

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeCo-op
  • NeighborhoodGramercy Park
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu24
  • HOA/Maint. Fees$2,614/month

Amenities

  • Private Outdoor Space
  • Pets Allowed

Location

Mortgage Calculator

Listing History

05/23/2026
Listed by Douglas Elliman Real Estate
$998,000

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 $998,000 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.

Property Details for 48 Gramercy Park N 4B

Association

Amenities

  • Pets Allowed: Building Yes, Yes

Fees

  • Association Fee: $2,614.00 Monthly

Exterior

Construction

  • Number Of Units Total: 8
  • Stories Total: 5
  • Structure Type: High Rise
  • Year Built: 1858
  • Building Name: 48 Gramercy Park North
  • Entry Level: 4

Features

  • Building Features: Elevator(s)
  • View: Park/Greenbelt

Financial

Taxes

  • Parcel Number: 0877-0025-00048-000-000004B

Interior

Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: Yes
  • Fireplaces Total: 1

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
  • Rooms Total: 3

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Gramercy Park
  • Tax Block: 00877
  • Tax Lot: 0025

Utilities

Equipment

  • Cooling: Wall Unit(s)
  • Has Cooling: Yes

Frequently Asked Questions

How many bedrooms and bathrooms does this co-op have?

There is 1 bedroom and 1 bathroom in this co-op at 48 Gramercy Park N 4B.

Are pets allowed at 48 Gramercy Park N?

Yes, 48 Gramercy Park N allows pets.

How does 48 Gramercy Park N 4B compare to other co-ops in Gramercy Park?

This co-op is listed 22% below the average price for co-ops in Gramercy Park and has been on the market for 101 less days than the typical home in this area.

What building or home owners association is the co-op part of?

This co-op is in the 48 Gramercy Park North building.

48 Gramercy Park N 4B is a 1-bedroom, 1-bath co-op for sale in New York NY 10010. Listed on Prevu for 24 days at $998,000. This property is located in Gramercy Park. The median listing price for co-ops in this area is $1,272,500. Additional amenities include private outdoor space and pets allowed. Explore more co-op listings in Manhattan.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2026 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

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.