Manhattan condos $1,629/sf 2%Manhattan co-ops $283K/room 5%Central Park perimeterPark Ave $478K/room 19%CPW $350K/room 5%Fifth Ave $501K/room 19%Billionaires' Row $4,272/sf 24%West Village $2,411/sf 6%
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Cooperative · 1960
Gotham House
150 East 27th Street, New York, NY 10016
Buildings·Gramercy·Cooperative

150 East 27th Street (Gotham House)

150 East 27th Street, New York, NY 10016

Kips Bay

BBL 1008820052 · BIN 1018148

CorridorGramercy
At a glance
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
The Data Room

Every recorded sale at this building, 2004–2026

Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.

1BR median
$554K
Recent range
$400K – $1.3M
Listing discount
2.4%
Recorded transfers
66

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.

Local Law 97

Carbon-penalty exposure
🟢
Strong — under cap in both periods
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$0 (under cap)
Per unit / month range
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
SWARMP
What this means for you

The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.

Inspection history
2005–10
SWARMP
2010–15
SWARMP
2015–20
Safe
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2029
On record
$2,000 in filing penalties
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs required before the next inspection cycle.
UnsafeLatest filing: unsafe conditions requiring corrective action.

QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.

See the full facade history →

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.

DateUnitApartmentPricePPSFvs. Ask
Apr 29, 20264FF
3 BR · 2 BA · 1,400 sf
$1,225,000$875/sf-12.5%
Nov 20, 20254CD
2 BR · 2 BA · 1,100 sf
$850,000$773/sf-2.9%
Nov 10, 20255K
1 BR · 1 BA
$592,000-1.3%
Sep 5, 20242EF
3 BR · 2 BA
$1,291,875-10.9%
May 16, 20241F
1 BR · 1 BA · 650 sf
$515,000$792/sf-1.9%
Jul 18, 20233J
1 BA · 400 sf
$407,500$1,019/sf-1.8%
Dec 12, 20221C
1 BA
$420,000-4.1%
Oct 25, 20212B
1 BA
$380,000-2.6%

Market read. Most recent trades (2026) cleared a median $881/sf across 1 sale. Median listing discount 1.8% 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.

6C+38%
$297,000 2012$410,000 2018
3B+37%
$300,000 2014$410,000 2019
2J+37%
$287,500 ($719/sf) 2011$395,000 2019
3J · 400 sf+34%
$305,000 2014$399,000 2016$407,500 ($1,019/sf) 2023
4K+31%
$450,000 2013$590,000 2019
View all 66 recorded transfers, sortable

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:

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Gramercy — read The Roebling Team Guide to Gramercy.

Preparing a board package for this building?

The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.

Considering a move at Gotham House?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at Gotham House would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.