NOT LISTED FOR SALE

Estimated Value: $667,127

1 Bed
1 Bath
-- Sq Ft
$1,319/mo HOA Fee

Last Sold March 14, 2024

Last sale price $650,000

Est. 3% increase in value since last sale

Current estimated payment $5,484/month

54 Days on Market

Highlights

  • Wood Flooring
  • 1-minute walk to 3 Avenue
  • Laundry Facilities
  • P.S. 110 Florence Nightingale Rated A
  • Garage
  • 3-minute walk to Stuyvesant Square

About This Home

As of March 2024

Nestled in the heart of Gramercy, this sunlit alcove studio/ unofficially converted to a 1 bedroom, offers both Southern and Eastern exposures, making it a bright and welcoming space in one of Gramercy’s finest buildings. Whether you’re looking for a cozy home or a convenient Pied-a-Terre, this apartment is a great fit.

Upon entering, you’re greeted by a spacious foyer with a generous closet, leading to an expansive great room. This area effortlessly combines the dining and living spaces, making it ideal for both relaxation and hosting. French doors lead to a private sleeping area, ensuring a peaceful retreat while maximizing the spectacular natural light streaming in. The bedroom features two sizable closets and a dressing area adjacent to the bathroom. The tucked-away kitchen, though discreet, is not an afterthought, fully equipped with modern appliances and a dishwasher.

The Gramercy Arms boasts a recently renovated lobby, a resident superintendent, a beautiful laundry room, a handy bike room, and a parking garage with direct access to the building. The attentive staff includes a 24-hour doorman, two porters, and an onsite handyman. The building’s flexible policies allow for Pied-a-terre ownership, and both gifting and co-purchasing are considered on a case-by-case basis. With solid financials and a healthy reserve fund, it’s a stable and welcoming community. The building is also pet-friendly.

Location-wise, it’s hard to beat. Situated close to Union Square, Gramercy, and Stuyvesant Park, a variety of shops, restaurants, and grocery stores like Whole Foods, Trader J’s, Food Emporium, and Westside Markets are all within easy reach. The Union Square subway station is just a block away via the East 15th Street entrance, connecting residents to the N/Q/R/W & 4/5/6 lines. And for those who prefer biking, a Citi bike station is conveniently located right outside the building. As a former resident, I can tell you firsthand that it is a wonderful place to live.

Last Agent to Sell the Property

Joe Messina

Compass License #10401251666 Listed on: 09/07/2023

Compass

Co-Listed By

Conor Obrien

Compass License #10401371835

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1959

HOA Fees

  • $1,319 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 10th floor

Interior Spaces

  • Wood Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 0039 / 00871

Community Details

Overview

  • 248 Units
  • Gramercy Subdivision
  • 16-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Co-Op

Year Built

Built in 1959

Lot Details

0

HOA Fees

$1,319 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Gramercy
  • Entry Level: 10
  • Structure Type: Multi Family
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 16

Interior Features

  • Appliances: Dishwasher
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Garage

Utilities

  • Laundry Features: Common On Floor, Common Area
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1319.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 103.000000x194.000000

Building Info

  • New Construction: No
  • Units: 248
  • Total Stories: 16
  • Year Built: 1959

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00871
  • Tax Lot: 0039

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2024 03/14/24 Sold $650,000 -3.0% --
12/20/2023 12/20/23 Pending -- -- --
10/26/2023 10/26/23 For Sale $670,000 +6.3% --
10/12/2021 10/12/21 Sold $630,000 +5.0% -- View Prior Sale
09/12/2021 09/12/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $600,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10955769

Real Estate Board of New York (REBNY)

APN: 00871-003910E