39 Gramercy Park North
39 Gramercy Park North, New York, NY 10010
BBL 1008770042 · BIN 1017997
- Year built
- 1956
- Type
- Cooperative
- Landmark status
- Requires confirmation
- City records and our profile differ. Confirm with building management.
- Subletting by shareholders
- Permitted with conditions
- Dogs
- Requires confirmation
- Cats
- Requires confirmation
- Flip tax
- 3% of the purchase price, paid by the seller
- Doorman
- Full-time doorman
Every recorded sale at this building, 2004–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median, 2023–2026
- $846K
- 7 qualifying sales
- Recent range
- $563K – $2.6M
- Listing discount
- 1.1%
- Recorded transfers
- 97
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.
The address tells you everything that matters first: 39 Gramercy Park North fronts Gramercy Park, a private park open only to keyholders, 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; current financial statements, reserves, debt and planned capital work are needed to assess its financial position.
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, with carrying costs and purchase prices to be compared against matched park-facing apartments using current maintenance and sale records.
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, with the cost of those services reflected in the current budget and maintenance schedule. Those records, rather than reputation, are needed to assess affordability and financial condition. 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.
Application and transaction fees
Fees below are from building management's published schedule, as of September 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
- Terms
- Equal to 3% of the Gross Sales Price
- Rate
- 3% of the purchase price
- Paid by
- Seller
Source: building management's published schedule, as of September 2026
Purchase
6 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Fee | Paid by Buyer | When With the application | Amount $750 | Refundable Non-refundable |
| Documentation FeeBank Certified Check | Paid by Buyer | When At closing | Amount $250 | Refundable Non-refundable |
| Move In Fee | Paid by Buyer | When At closing | Amount $500 | Refundable Non-refundable |
| Move Out Fee | Paid by Seller | When At closing | Amount $500 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move In Deposit | Paid by Buyer | When At closing | Amount $1,500 | Refundable Refundable |
| Move Out Deposit | Paid by Shareholder | When At closing | Amount $1,500 | Refundable Refundable |
Sublet
6 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Subtenant | When With the application | Amount $250 | Refundable Non-refundable |
| Sublet Fee | Paid by Landlord | When Upon approval | Amount Greater of two months main. or one months rent | Refundable Non-refundable |
| move out fee | Paid by Landlord | When At closing | Amount $500 | Refundable Not stated |
| Move in fee | Paid by Tenant | When At closing | Amount $500 | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move Out Deposit | Paid by Shareholder | When Upon approval | Amount $1,500 | Refundable Refundable |
| Move In Deposit | Paid by Subtenant | When Upon approval | Amount $1,500 | Refundable Refundable |
Refinance
2 items
Management's “less refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Fee | Paid by Shareholder | When With the application | Amount $300 | Refundable Non-refundable |
Management's “more refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Fee | Paid by Shareholder | When With the application | Amount $300 | Refundable Non-refundable |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Subletting by shareholders
- Permitted with conditionsThe apartment must have been the shareholder's primary residence for at least two years before requesting a sublet. - two sublets within any five-year periodSource: building management's published schedule, as of September 2026
- Pied-à-terre ownership
- Not verified
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Pets and in-unit washer/dryer
- Dogs
- Requires confirmationSources differ. Confirm with building management.
- Cats
- Requires confirmationSources differ. Confirm with building management.
- In-unit washer/dryer
- Not verified
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Monthly carrying charges in recent sales
- Maintenance, per room
- $604 per room a monthMedian of 4 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Maintenance as recorded with each sale. A co-op's maintenance already covers the building's real estate taxes and the building's own mortgage, if it has one; add your own loan payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: The Roebling Team's building profile
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- Bike storage, storage, laundry roomSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $52,028/yr
- Per unit / month range
- $0 – $48
- Modeled exposure split equally across 90 units (the residential count on the city's lot record). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
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
- Policies and fees
- 40% down payment / 60% max financing
Recent sales
Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| 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 $1,765/sf (floor-adjusted) 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). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. 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.
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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. Confirm the dog and cat rules with the managing agent, a material consideration for pet owners. The board does accommodate pied-à-terre purchases, co-purchasing, guarantors, and parents buying for children; confirm current requirements in the application instructions.
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.
Check the available park-facing inventory. A small number of comparable listings can limit direct competition, but low turnover does not establish a sale-price advantage. Compare recent closings, competing listings and time on market for similar exposures.
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 — postwar (1956) co-op fronting the park
More Gramercy buildings
- 34 Gramercy Park East (The Gramercy) — 1883 co-op
- 36 Gramercy Park East — 1910 condominium
- 38 Gramercy Park East — condominium by SLCE Architects
- 44 Gramercy Park North — 1930 co-op by Schwartz & Gross
- 45 Gramercy Park North — 1927 co-op
- 48 Gramercy Park North — 1858 co-op
The neighborhood
For the full corridor — architecture, 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.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
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.
646.939.7375 · c.cohen@compass.com