Building: The Park Gramercy

The 13 floor building with 93 residential units and 4 doctors’ offices was designed by architects Boak and Raad in 1948 for Rose Associates, Inc. as a rental building. It sits on the plot which was the former home of Peter Cooper. In 1990 the building converted to a Condop; the 4 doctors office on the first floor were retained by Rose Associates and that part of the building is a Condominium. THIS IS A NOT A LAND LEASE BUILDING

Park Gramercy is a full service Cond-op less than a block from Gramercy Park and across from the Gramercy Park Hotel. The approval process is like a condominium with no board interview. This is an investor friendly building with no set limits on sublets or minimum down payment requirements for purchase. The building welcomes foreign buyers purchasing homes as pied-a-terre’s or as an investment. The building has a full time doorman, a beautiful planted roof deck, bicycle storage, a new central laundry in the basement and is dog friendly.

Description provided by Rajan Khanna