Updated 3 days ago

48 Gramercy Park North, 4-B

Gramercy Park, Manhattan | Third Ave & Lexington Ave

3 Rooms1 Bed1 BathCo-op

$998,000
Maintenance$2,614

Listing Features

  • High Ceilings [10.5']
  • Oversized Windows
  • Dishwasher

Outdoor space and views

  • Terrace [14'x10']
  • East Exposure
  • North Exposure
  • West Exposure

Building Amenities

  • Voice Intercom
  • Elevator
  • Laundry Room
  • Storage

Policies

  • Pets Allowed

Property Description for 48 Gramercy Park North, 4-B

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.


Listing History for 48 Gramercy Park North, 4-B

Now
05/23/2026
$998,000
Initial Price by Patricia Vance
Douglas Elliman
03/22/2026
POM by Nancy A. Van Bourgondien
Corcoran

Building Details for 48 Gramercy Park North

OwnershipCo-op
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1858
Financing Allowed75%
Floors/Apts6/8
Learn More About the Building

Transit and Citi Bike

Subway

23 St
0.13 miles
23 St
0.3 miles
14 St-Union Sq
0.32 miles
28 St
0.34 miles
3 Av
0.37 miles

Citi Bike

Gramercy Park N & Gramercy Park E
0.02 miles
E 20 St & Park Ave
0.11 miles

Building Availability

APPSF
Median
Average
-
$998,000
$998,000

One Bed in Gramercy Park

APPSF
Median
Average
$1,845
$1,162,500
$1,247,604
$1,711
$849,000
$999,125
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 2136827