- Year built
- 1960
- Type
- Cooperative
- Units
- 62
- Floors
- 7
- Pets
- Permitted with board approval (cats and dogs)
- Subletting
- Permitted with board approval
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2008–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median
- $554K
- Recent range
- $515K – $1.3M
- Listing discount
- 2.4%
- Recorded transfers
- 20
Gotham House is a well-run postwar cooperative on a quiet, tree-lined block at the crossroads of Kips Bay, Gramercy, NoMad, and Murray Hill — a few blocks from Madison Square Park. Its two defining advantages are practical: an on-premise parking garage, which is scarce and valuable in this part of Manhattan, and notably low monthly maintenance, which keeps carrying costs down and supports resale. Built in 1960 and holding 62 apartments across seven floors, it is a value-oriented co-op with a flexible board.
For buyers, the appeal is a low-cost, low-friction entry into ownership near Madison Square Park, with parking on site and a board that permits pets, pied-à-terre use, co-purchasing, parents buying for children, guarantors, and subletting — all subject to approval. For a co-op, that is an accommodating set of rules.
Architecture and unit composition
The building is a postwar low/mid-rise of 1960, seven stories, with a canopied entrance framed by a white-stone surround, an updated lobby, and sidewalk landscaping. Fire escapes and discreet window air-conditioners are present; there is no roof deck and there are no balconies.
The cooperative holds 62 residential units. Active asking prices have run roughly $415,000 to $1,395,000, with median asks around $525,000 and one-bedrooms asking near $563,000. The combination of low maintenance and on-site parking makes it a value proposition on total carrying cost, which is where co-op economics are best evaluated.
Building operations
150 East 27th Street operates as a self-service cooperative with a live-in superintendent, a keyed elevator, central laundry, an adjacent/on-premise parking garage, basement storage units, and bike storage. There is no doorman, no fitness center, and no roof deck. The building is known for very low monthly maintenance — a meaningful advantage over higher-cost full-service peers. Standard co-op financing applies.
Recent sales
Gotham House trades as a value-oriented Kips Bay/Gramercy co-op, with low maintenance and on-site parking underpinning demand and resale. The flexible board rules broaden the buyer pool relative to stricter co-ops, and the location near Madison Square Park supports durable interest across studios through larger units.
Recent transfers at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Apr 29, 2026 | 4FG | 3 BR · 2 BA · 1,400 sf | $1,225,000 | $875/sf | off-mkt |
| Nov 20, 2025 | 4CD | 2 BR · 2 BA · 1,100 sf | $850,000 | $773/sf | -2.9% |
| Nov 10, 2025 | 5K | 1 BR · 1 BA | $592,000 | -1.3% | |
| Sep 5, 2024 | 2EF | 3 BR · 2 BA | $1,291,875 | -10.9% | |
| May 16, 2024 | 1F | 1 BR · 1 BA · 650 sf | $515,000 | $792/sf | -1.9% |
| Mar 11, 2021 | 1E | 1 BR · 1 BA · 700 sf | $505,000 | $721/sf | off-mkt |
| Jul 22, 2019 | 3G | 1 BR · 1 BA | $542,000 | -3.7% | |
| Feb 11, 2019 | 4K | 1 BR | $590,000 | -1.7% |
Market read. Most recent trades (2026) cleared a median $872/sf across 1 sale. Median listing discount 2.9% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Jul 27, 2022 | 6F | $735,000 |
| Sep 23, 2019 | 4F | $500,000 |
| Jul 7, 2016 | 1A | $545,000 |
| Sep 2, 2010 | 5CD | $750,000 |
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00882-0052) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.
What to know if you’re buying
Low maintenance is the headline. Very low monthly carrying costs are the building's signature advantage — model total carry, not just price.
On-site parking is scarce and valuable. The adjacent/on-premise garage is a genuine differentiator in this neighborhood.
The board is flexible for a co-op. Pets, pied-à-terre, co-purchasing, guarantors, and subletting are all permitted with approval — verify specifics at offer stage.
Standard co-op financing. Plan for a board package and interview.
What to know if you’re selling
Lead with low maintenance and parking. These are the building's strongest, most quantifiable selling points.
Market the flexibility. The accommodating board rules widen your buyer pool.
Location supports demand. The Madison Square Park proximity and the multi-neighborhood crossroads are genuine draws.
Comparable buildings
If you're considering 150 East 27th Street, also evaluate:
- 208 East 28th Street — flexible prewar Kips Bay co-op
- 26 Gramercy Park South (The Irving) — prewar co-op with Gramercy Park key
- 157 East 32nd Street (L'Isola) — full-service Murray Hill condo
- 111 East 30th Street (The Pierpont) — full-service NoMad condo
The Roebling Team at Gotham House
The Roebling Team at Compass publishes building-specific profiles because buyers and sellers deserve architecture, operational reality, and transactional mechanics — not generic market commentary. If you're considering a purchase or sale at 150 East 27th Street, a 30-minute consultation is the right starting point.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Gramercy — read The Roebling Team Guide to Gramercy.
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