40 Gramercy Park North

Gramercy, Manhattan, NY 10010

$14,950,000
Price
6
Beds
6
Baths
3
1/2 Baths
7,200 Sq. Ft.
$2,076 / Sq. Ft.
7,200
Sq. Ft.
$2,076
per Sq. Ft.

Property Details for 40 Gramercy Park North

StatusActive
Year Built1853
DOM225
Compass TypeSingle Family
MLS Type-
Lot Size-
Taxes$9,350.25 / month
Maintenance-
Minimum Down Payment-
CountyNew York County

Listing Agent

Contact Agent(s)

Description

A once-in-a-generation opportunity to own one of only five single family townhomes with a Gramercy Park address, this rare property includes a key to Manhattan’s only, and surely most famous, private park.


This grandly scaled, six-story home - with an elevator - offers both the classic charm and elegance of a 19th century townhouse as well as modern comforts. While there is also a rare opportunity to completely re-construct the property, as it lies just outside the Gramercy Park Historic District,
... the scale and elegance of the existing residence are outstanding, and it could easily be adapted to any discerning buyer’s needs. With multiple living and entertaining spaces, 6 bedrooms, 6 full- and 3 half-baths, the house currently spans approximately 7,200 gross square feet, and could be enlarged below-grade and/or utilizing some excess as-of-right square footage. The existing layout is ideal for entertaining on a grand scale, as well as for gracious and comfortable day-to-day living. Most rooms take advantage of the full 20.5’ width of the house, and there are exceptional ceiling heights throughout, reaching nearly 13’ on the parlor floor.


Upon entering through the glass-enclosed vestibule, a large entrance hall leads to the first of several entertaining spaces, a central stair and elevator, a guest bedroom suite, and access to the balcony overlooking the rear garden. The first floor kitchen doubles as a prep kitchen for larger gatherings, but allows this floor to function as a self-contained guest apartment. The garden level includes a staff bedroom with en-suite bath, kitchenette, a recreation room, powder room, and french doors that lead out to the nearly 28’ deep garden.


The parlor level includes formal front and rear parlors spanning the full width of the house, a guest powder room, wet bar, and walk-in wine storage closet. The front parlor has french doors leading out to a balcony with views of Gramercy Park. Both parlor rooms feature 12’11” ceilings and wood-burning fireplaces. The third floor includes a massive eat-in kitchen overlooking the garden, a pantry, powder room, laundry, and a large living room with a wood-burning fireplace.


A lavish two-story master suite includes two master baths, a walk in closet, fireplace, double-height windows, and a separate study up a private stair. All is bathed in light through a massive skylight, with grand 17’7” ceilings along the window wall. The fourth and fifth floors have three additional bedrooms and two full baths. The roof could be re-built to feature a large terrace with views over Gramercy Park.


See the proposed alternative floorplan for the potential to create a lavish home within the existing perimeter envelope, and behind the existing facade, or bring your architect and reimagine the possibilities completely. The house could also be extended toward the street to bring the facade flush with the adjacent buildings.


Built in 1851-2, 40 Gramercy Park North is a brownstone-faced Anglo-Italianate townhouse on a 20.5’ wide by 98.75’ deep lot. This is truly a remarkable offering in a coveted Gramercy Park location.

Amenities

Master EnsuiteBalconyFireplaceHardwood FloorsHigh CeilingsElevatorPrivate ElevatorFormal Dining Room

Location

Listing Agents

  1. Joshua Wesoky

    Listing Agent

    Compass

    jw@compass.com

    P: 917.744.3435

  2. Josh Doyle

    Listing Agent

    Compass

    josh.doyle@compass.com

    P: 917.279.4969

  3. Nick Gavin

    Listing Agent

    Compass

    nick.gavin@compass.com

    P: 646.610.3055

  4. The Wesoky Team

    Listing Agent

    Compass

    wesokyteam@compass.com

    P: 646.455.3781

Building Information for 40 Gramercy Park North

Stories-Year Built1853Building Size-Lot Size-Building Age-Building Type-

Payment Calculator

$63,123 per month

30 year fixed, 3.51% Interest

Principal and Interest

$53,773

Property Taxes

$9,350

HOA Dues

$0

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Property History for 40 Gramercy Park North

DateEvent & SourcePriceAppreciation
Sep 12, 2019Listed (Active)

Manual #4687607ed50de431602cb56d925eb91f353f618c

$14,950,000
Aug 7, 2019Temporarily Off Market

Manual #4687607ed50de431602cb56d925eb91f353f618c

Jan 22, 2019Listed (Active)

Manual #4687607ed50de431602cb56d925eb91f353f618c

$14,950,000
DateEvent & SourcePrice
09/12/2019
Listed (Active)

Manual #4687607ed50de431602cb56d925eb91f353f618c

$14,950,000
08/07/2019
Temporarily Off Market

Manual #4687607ed50de431602cb56d925eb91f353f618c

01/22/2019
Listed (Active)

Manual #4687607ed50de431602cb56d925eb91f353f618c

$14,950,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 40 Gramercy Park North

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
School Of The Future High SchoolPublic6-120.1 mi
8
Baruch College Campus High SchoolPublic9-120.1 mi
9
Epiphany Elementary SchoolPrivatePK-80.2 mi
NR
American Sign Language & English Secondary SchoolPublic9-120.2 mi
5

School Of The Future High School

6-12, 0.1 mi, Public

8

Baruch College Campus High School

9-12, 0.1 mi, Public

9

Epiphany Elementary School

PK-8, 0.2 mi, Private

NR

American Sign Language & English Secondary School

9-12, 0.2 mi, Public

5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Gramercy
A quiet haven for high society.

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40 Gramercy Park North is a single family home for sale in Gramercy, Manhattan, NY 10010. This property was listed for sale on January 22, 2019 by Compass at $14,950,000. Nearby schools include Manhattan Bridges High School, New Design High School and Nyc Lab Ms For Collaborative Studies. 40 Gramercy Park North is a 6-bed, 7.5-bath, 7,200 sqft single family home built in 1853.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY