Landlord's Agent in 2025
Frans Preidel
Brown Harris Stevens Residential Sales LLC
(917) 912-3119
8 Total Sales
280 Park Ave S Unit 5F New York, NY 10010
Gramercy Park Neighborhood
1
Bed
1
Bath
600
Sq Ft
1908
Built
Highlights
- Concierge
- 1-minute walk to 23 Street (4,6 Line)
- Indoor Pool
- P.S. 40 Augustus Saint-Gaudens Rated A
- Steam Room
- Rooftop Deck
About This Home
As of January 2025Gramercy Place is a full-service Condominium in a prime location next to both the 6 trains and N/R trains. Situated on the border between the Flatiron and Gramercy areas. Just a stone's throw from Madison Square Park and Union Square, it is surrounded by some of the city's best restaurants and plenty of world-renowned stores.
In short; super convenient location.
Aside from the full-time doorman and concierge who greet you every time, this building also offers a pool, fitness center, several roof decks, a Jacuzzi, locker rooms with sauna and steam are all on the top floor, and as this building is higher than most in this area, the views from here are worth the short elevator ride. Lower in the building are further conveniences like a bike room and laundry.
In short; a full-service building
The apartment itself is a South-facing one-bedroom with hardwood floors. The open kitchen and bathroom were recently renovated. The upgraded kitchen has a granite breakfast bar, stainless steel appliances dishwasher, and custom cabinets. The bedroom is easily large enough for king-sized bed (there currently is one,) and there is still room for a desk (also currently in place) and has custom California-style closets.
In short: uber-practical
So, if you are looking for an uber-practical apartment in a full-service building, at a super convenient location, come and see this one right away. These unicorns don't come around often, especially not at this price.
Last Agent to Rent the Property
Brown Harris Stevens Residential Sales LLC License #10301209927 Listed on: 11/26/2024
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $13,206
Year Built
- Built in 1908
Home Design
- 600 Sq Ft Home
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Additional Features
- Indoor Pool
- South Facing Home
- No Cooling
Listing and Financial Details
- Property Available on 12/16/24
- Legal Lot and Block 1232 / 00850
Community Details
Overview
- No Home Owners Association
- 259 Units
- High-Rise Condominium
- Gramercy Place Condos
- Flatiron Subdivision
- 26-Story Property
Amenities
- Concierge
- Rooftop Deck
- Courtyard
- Steam Room
- Sauna
- Children's Playroom
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 13, 2023
Closed on
Oct 25, 2023
Sold by
Taylor Leann E
Bought by
Chairman Holding Llc
Seller's Agent
Shannon Aalai
Corcoran Group
List Price
$1,150,000
Sold Price
$1,125,000
Premium/Discount to List
-$25,000
-2.17%
Views
59
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,889
Avg. Annual Appreciation
0.47%
Purchase Details
Closed on
Sep 25, 2001
Sold by
Ochstein Adam
Bought by
Taylor Leann E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,550
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 15, 1998
Sold by
Dugoff Richard L and Dugoff Sandra N
Bought by
Ochstein Adam M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chairman Holding Llc | $1,125,000 | -- | |
| Taylor Leann E | -- | -- | |
| Ochstein Adam M | $280,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Taylor Leann E | $33,714 | |
| Previous Owner | Taylor Leann E | $59,813 | |
| Previous Owner | Taylor Leann E | $404,550 | |
| Previous Owner | Ochstein Adam M | $210,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/08/2025 01/08/25 | Rented | $5,500 | -4.3% | -- |
| 11/26/2024 11/26/24 | For Rent | $5,750 | -41.9% | -- |
| 01/03/2024 01/03/24 | Rented | $9,900 | -99.1% | -- |
| 12/05/2023 12/05/23 | Under Contract | -- | -- | -- |
| 10/27/2023 10/27/23 | Sold | $1,125,000 | 0.0% | $1,576 / Sq Ft |
| 10/25/2023 10/25/23 | For Rent | $5,500 | 0.0% | -- |
| 09/08/2023 09/08/23 | Pending | -- | -- | -- |
| 05/31/2023 05/31/23 | For Sale | $1,150,000 | 0.0% | $1,611 / Sq Ft |
| 05/21/2023 05/21/23 | Off Market | $1,150,000 | -- | -- |
| 05/08/2023 05/08/23 | Price Changed | $1,150,000 | -2.1% | $1,611 / Sq Ft |
| 02/14/2023 02/14/23 | Price Changed | $1,175,000 | +9.3% | $1,646 / Sq Ft |
| 02/13/2023 02/13/23 | For Sale | $1,075,000 | 0.0% | $1,506 / Sq Ft |
| 08/04/2021 08/04/21 | For Rent | $4,495 | -- | -- |
| 08/04/2021 08/04/21 | Rented | -- | -- | -- |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,206 | $105,974 | $14,935 | $91,039 |
| 2024 | $13,206 | $105,631 | $14,935 | $90,696 |
| 2023 | $10,454 | $107,717 | $14,935 | $92,782 |
| 2022 | $10,671 | $105,714 | $14,935 | $90,779 |
| 2021 | $12,721 | $106,164 | $14,935 | $91,229 |
| 2020 | $10,850 | $118,173 | $14,935 | $103,238 |
| 2019 | $10,494 | $111,588 | $14,935 | $96,653 |
| 2018 | $12,538 | $110,562 | $14,935 | $95,627 |
| 2017 | $12,462 | $113,194 | $14,935 | $98,259 |
| 2016 | $11,658 | $105,505 | $14,935 | $90,570 |
| 2015 | $5,737 | $95,218 | $14,935 | $80,283 |
| 2014 | $5,737 | $104,207 | $14,935 | $89,272 |
Source: Public Records
Agents Affiliated with this Home
-
Frans Preidel
-
Shannon Aalai
Seller's Agent in 2023
Shannon Aalai
Corcoran Group
(917) 405-0254
1 in this area
30 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS11022950
APN: 0850-1232
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
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