Cooperative · 1913
The Gramont
255 West 98th Street, New York, NY 10025
Buildings·Cooperative

255 West 98th Street

255 West 98th Street, New York, NY 10025

At a glance
Year built
1913
Type
Cooperative
The Data Room

Every recorded sale at this building, 2005–2026

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

3BR median
$1.8M
Recent range
$1.4M – $1.8M
Listing discount
-3.6%
Recorded transfers
23

The Gramont at 255 West 98th Street is a 1913 Renaissance Revival cooperative by Gaetano Ajello — the Italian-born architect who became one of the most prolific and accomplished apartment-house designers of the Upper West Side, responsible for a long run of richly detailed pre-war buildings along Broadway, West End Avenue, and Riverside Drive. The Gramont is a characteristic example: a ten-story masonry building with a restored Gilded Age lobby of original marble, tile, and luminescent stained glass, sited on a quiet block between Broadway and West End Avenue.

Converted to a cooperative in 1984, it operates as a boutique, owner-occupant building of 34 apartments. The location is the kind of upper-90s pocket that combines value with convenience: a short walk from Riverside Park, a block from the Broadway shopping spine and the 1/2/3 trains at 96th Street, and within easy reach of the West End Avenue and Riverside Drive residential blocks.

For buyers, The Gramont offers an Ajello-designed pre-war co-op with a genuinely beautiful lobby and generous layouts at a price below the prime 70s and 80s blocks. For sellers, the architect's name, the restored lobby, and the boutique scale are the story.

Architecture and unit composition

The Gramont is a ten-story Renaissance Revival apartment house in Ajello's signature manner — a confident masonry composition with a defined base, a restrained shaft, and ornamental detail concentrated where it reads from the street. The headline interior feature is the lobby, restored to display its original Gilded Age marble, decorative tile, and stained glass — an unusually intact period entrance for a building of this scale.

With 34 residences across roughly 45,300 square feet, the building averages well over 1,300 square feet per apartment, reflecting the larger pre-war layouts of one-, two-, and three-bedroom homes with entry foyers, separate dining rooms, high ceilings, hardwood floors, and plaster walls. Many apartments have been renovated since the 1984 conversion; the masonry envelope keeps the homes quiet, stable, and light-rich.

Building operations

The Gramont runs as a well-kept boutique cooperative with a resident superintendent, central laundry, and private storage, managed for owner-occupant stability. As a 34-unit co-op, monthly maintenance covers building staff, heat and hot water, the unit's share of real estate taxes, and the ongoing upkeep of the pre-war façade, the restored lobby, and building systems.

Governance is by a board of directors that reviews purchase applications and conducts interviews; buyers should expect a standard co-op board package and a financing review. Pet, sublet, renovation, and pied-à-terre policies are set by the board and house rules. Boutique upper-West-Side co-ops of this vintage typically maintain conservative, primary-residence-oriented underwriting.

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

Safe to live in today — but the last inspection flagged repairs that are due on a deadline, so facade work and its cost are coming. Whether that’s a real concern depends on the scope, the timing, and how the building plans to pay for it — reserves or an assessment — which is exactly what we’d dig into for you.

Inspection history
2005–10
Safe
2010–15
Safe
2015–20
Safe
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2028
On record
$22,000 in filing penalties
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

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

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
May 27, 20264B
3 BR · 2 BA
$1,800,000+4.3%
Sep 15, 20255A
3 BR · 3 BA
$1,785,438+5.0%
Jun 5, 20253A
2 BR · 2 BA
$1,400,000-12.5%
Apr 22, 20253B
3 BR · 3 BA
$1,709,069+3.6%
Oct 27, 20224C
1 BR · 1 BA
$500,000-16.5%
Mar 14, 20228C
3 BR · 2 BA · 1,200 sf
$1,485,000$1,238/sf+6.1%
Sep 27, 20217AD
4 BR · 2.5 BA · 2,225 sf
$2,227,500$1,001/sf-10.0%
Feb 13, 20203A
2 BR · 2 BA · 1,400 sf
$1,450,000$1,036/sf-9.3%

Market read. Most recent trades (2022) cleared a median $1,238/sf across 1 sale. Median listing discount 3.7% 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.

8C · 1,200 sf+32%
$1,125,000 ($938/sf) 2006$1,475,000 ($1,229/sf) 2015$1,485,000 ($1,238/sf) 2022
PH · 900 sf+16%
$926,608 ($1,030/sf) 2007$1,075,000 ($1,194/sf) 2014
3A · 1,400 sf-3%
$1,450,000 ($1,036/sf) 2020$1,400,000 ($1,000/sf) 2025
9D-5%
$755,000 2008$550,000 2012$719,000 2021
1A-6%
$935,000 2005$877,000 2009

Other recent transfers

DateUnitPrice
Oct 21, 20219D$719,000
Dec 19, 20142C/2D$1,250,000
Dec 8, 20091A$877,000
Jan 29, 20072D$500,000
Jul 11, 20052B$1,199,000
Jun 29, 20051A$935,000
View all 23 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 1-01870-0005) 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

Plan for a pre-war co-op purchase: board package, financials, references, and an interview. Maintenance covers heat, hot water, staff, and the building's share of taxes; ask for recent financials, the reserve position, and any assessment or capital-project history, since a 1913 building carries periodic façade and systems work.

The buying argument is value plus character. You are acquiring a generously sized, Ajello-designed pre-war apartment with a beautiful restored lobby, a short walk from Riverside Park and the Broadway subway and shopping corridor, at a price below the prime mid-West-Side blocks. Confirm the building's financing cap, sublet stance, and pet policy against the current house rules — the boutique scale and owner-occupant culture here support long-term value.

What to know if you’re selling

Lead with the architecture and the lobby: a named Gaetano Ajello pre-war building with an intact Gilded Age entrance of marble, tile, and stained glass, and generous layouts on a quiet block near Riverside Park.

Price against the upper-West-Side pre-war cooperative set, with renovated and larger homes positioned at the top of the building's range. Given the small unit count and the distinctiveness of the building, well-prepared listings benefit from scarcity; a clean board package and current financials keep a co-op closing on track.

Comparable buildings

If you're considering The Gramont, also evaluate these nearby Upper West Side cooperatives:

The Roebling Team at The Gramont

The Roebling Team at Compass specializes in the Upper West Side, West End Avenue, Riverside Drive, and the broader pre-war Manhattan market. We publish this profile because buyers and sellers at boutique pre-war cooperatives deserve building-specific intelligence — the architecture, the board posture, the room counts, and where the pricing sits within the corridor.

If you're considering a purchase or sale at The Gramont, a 30-minute consultation is the right starting point.

Considering a move at The Gramont?

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com