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34 Gramercy Park E Unit Phb, New York, NY, 10003

6beds
5baths
--sqft
$8,500,000
--price/sqft
$49,675/moest. monthly cost
$1,987,000/yrincome needed

About This Home

Perched above the southwest corner of Gramercy Park, this nearly 5,000 square foot residence spans the top three floors of 34 Gramercy Park East, New York’s first cooperative building, and combines four apartments into a singular home defined by history and craftsmanship. Reclaimed floorboards, hand-painted Venetian plaster hallways, and repurposed stained glass create warmth and continuity, while vintage Stillnovo fixtures and an ERV system introduce modern refinement. A private seventh floor entry opens to a living room rich in detail, including custom Bednark paneling, 1940s wallpaper, and a concealed projection system. Four gas fireplaces are positioned throughout. The west facing eat-in kitchen overlooks Gramercy Park and features E.R. Butler hardware, a customized Miele refrigerator, Wolf range, antique tile fireplace, and a large dining area with an oversized walk-in pantry. The eighth floor is anchored by a dramatic Great Room designed as a private members club-style bar and lounge, complete with a vintage stained glass back bar, wet bar, and stone fireplace. A hidden playroom sits discreetly behind an unassuming staircase. The top floor is dedicated to a skylit primary suite with a fireplace, wet bar, seating alcove, dual dressing rooms, and a spa bath with steam shower and soaking room. Additional bedrooms and flexible spaces are thoughtfully arranged throughout. Multi-zone central air and Crestron automation complete the home. A rare combination of heritage, design, and modern living in one of Manhattan’s most storied addresses. Co-listed with Carl Gambino of Compass

Getting Around

100
WalkingWalker's Paradise
100
TransitRider's Paradise
93
BikeBiker's Paradise

Schools

8/10
8/10
Jhs 104 Simon BaruchGrades 6-80.3 mi

Construction

Condition

  • Year built: 1883

Type & Style

  • Home type: Cooperative
  • Property subType: Coop

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 5

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood
  • Fireplace features: Gas
  • Fireplace: Yes

Property

Details

  • Special condition: Resale

Features

  • Has view: Yes
  • View description: City,Garden,Park/Greenbelt,Skyline

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $42,980$515,760
Home Insurance *$1,420$17,040
Property Taxes $5,029$60,348
Electricity $246$2,954
Total$49,675$596,100
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,703,142/yr
40% on housing$1,490,250/yr
45% on housing$1,324,666/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 10003$1,427
New York County$1,486

vs Homes Sold Last Month

Median $/sqft

ZIP 10003$1,089
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-29Price change$8,500,000
2026-05-21Listed for sale$9,450,000
2026-04-17Listing removed$9,995,000
2025-12-02Price change$9,995,000
2025-10-06Listed for sale$11,000,000

For Sale by Agent

AgentStefani Berkin
BrokerageR New York

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