39 Gramercy Park North
39 Gramercy Park North, New York, NY 10010
Gramercy Park
BBL 1008770042 · BIN 1017997
- Year built
- 1956
- Type
- Cooperative
- Landmark
- Designated
Every recorded sale at this building, 2004–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median
- $846K
- Recent range
- $563K – $2.6M
- Listing discount
- 1.1%
- Recorded transfers
- 98
The address tells you everything that matters first: 39 Gramercy Park North fronts the only private park in Manhattan, and as a building directly on the park it carries the keyed access that is the neighborhood's defining privilege. Gramercy Park itself dates to the 1830s — two landscaped acres locked behind an iron fence, opened only to a small set of surrounding buildings whose residents hold a key. A co-op on the park's north edge is, in a real sense, buying a stake in that key.
Built in 1956 and converted to cooperative ownership in 1969, the building is a 17-story postwar brick structure that trades the ornament of its prewar neighbors for height, light, and — critically — private balconies on many lines, where residents look directly down into the park's gardens. It is a full-service co-op with a long-settled ownership base, strong financials, and the kind of low-key institutional stability that defines the best of the Gramercy stock.
For buyers, the proposition is specific and rare: a full-service postwar co-op with park keys, balcony exposures over the gardens, and the protected setting of the historic district, at maintenance levels and entry points more accessible than the marquee prewar buildings on the park's other sides.
Architecture and unit composition
39 Gramercy Park North is a clean mid-century brick building — a product of the 1950s rather than the 1920s, and proudly so. The architecture prioritizes the asset that surrounds it: many residences carry private balconies oriented toward the park, and the building's height lets upper-floor homes look out over the gardens and across the low historic-district rooftops that frame them.
The building holds 90 residences across 17 floors, a mix that runs from efficient one-bedrooms to larger family layouts, several of which have been combined over the building's long cooperative life. Postwar construction here means consistent ceiling heights, larger window walls than the prewar stock, and the balconies that distinguish the building from its older park-facing peers. The lobby and common areas reflect the full-service co-op standard the building has maintained since conversion.
Building operations
This is a full-service cooperative: a 24-hour doorman, a live-in superintendent, a laundry room, a bicycle room, and basement storage, all supported by the building's well-regarded financial position and historically modest maintenance. The defining amenity, of course, is access to Gramercy Park — residents of the building hold keys to the gated gardens, a privilege extended to only a handful of surrounding addresses.
On board policy, the building is known for accommodating a range of purchasing structures, including pied-à-terre ownership, co-purchasing, guarantors, and parents buying for children. The building is cat-friendly but does not permit dogs, and the board requires 40% down, a standard that buyers should plan their financing around from the outset.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $32,790/yr
- Per unit / month range
- $0 – $30
Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
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 →Management & transfer contacts
- Flip tax
- 3% of gross sales price
- Sublet policy
- Allowed; must be primary residence 2 years; two sublets per five-year period
- Pied-à-terre
- No pets allowed
- Notable fees
- 40% down payment / 60% max financing
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Apr 9, 2026 | 6F | 1 BR · 1 BA | $1,200,000 | -4.0% | |
| Nov 6, 2025 | 6D | 1 BR · 1 BA · 750 sf | $1,250,000 | $1,667/sf | +0.0% |
| May 22, 2024 | 3C | 3 BR · 4.5 BA | $2,595,000 | +0.0% | |
| Jan 25, 2024 | 3D | 1 BR · 1 BA | $846,000 | +6.4% | |
| Jul 13, 2023 | 9D | 1 BR · 1 BA | $935,000 | +0.0% | |
| Jun 29, 2023 | 8A | 1 BR · 1 BA | $715,000 | -5.8% | |
| May 31, 2023 | 11B | 1 BR · 1 BA | $675,000 | -2.9% | |
| Apr 19, 2023 | 4D | 1 BR · 1 BA | $562,500 | -2.2% |
Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $1,798/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 1.5% 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.
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 1-00877-0042) 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
This is a cooperative, so a purchase runs through a board package and interview, and buyers should plan around the building's posture from the start. Budget for 40% down — financing above 60% is not permitted. The building is cat-friendly but does not allow dogs, a material consideration for pet owners. The board does accommodate pied-à-terre purchases, co-purchasing, guarantors, and parents buying for children, which gives buyers more structural flexibility than many prewar co-ops allow.
The decision that drives value is exposure. A park-facing home with a balcony is a fundamentally different asset from an interior line, and the park keys attach to the apartment regardless — but the view and outdoor space do not. We help buyers weigh exposure against price, read the building's financials, and prepare a board package that presents cleanly.
What to know if you’re selling
Lead with the park. Keyed access to Gramercy Park is the building's single most powerful selling point, and a park-facing or balconied home should be marketed around the view and the key rather than the interior alone.
The full-service postwar package is a differentiator. Buyers comparing the building to older prewar co-ops on the park value the balconies, larger windows, and 24-hour staffing — and these belong at the front of the story.
Position to the right buyer. The 40%-down requirement and cat-only pet policy narrow the buyer pool somewhat; pricing and presentation should target the buyer who fits the building's profile rather than fighting its rules.
Turnover is thin, which helps. With a long-tenured ownership base, available park-facing inventory is genuinely limited, and a well-presented listing benefits from that scarcity.
Comparable buildings
If you're considering 39 Gramercy Park North, also evaluate the surrounding Gramercy co-op stock:
- 50 Gramercy Park North — park-facing building on the same block
- 60 Gramercy Park North — full-service co-op on the park's north edge
- 34 Gramercy Park East — historic park-facing cooperative
- 32 Gramercy Park South — prewar co-op fronting the park
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Gramercy — read The Roebling Team Guide to Gramercy.
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 39 Gramercy Park North?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 39 Gramercy Park North 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.