# 39 Gramercy Park North, Manhattan

Co-op · 90 units · built 1956 · Block 877, Lot 42.

On Umarelli: https://umarelli.org/nyc/1008770042/39-gramercy-park-north

More construction in Gramercy: https://umarelli.org/nyc/manhattan/gramercy.md

Every lot on block 877: https://umarelli.org/nyc/manhattan/877.md

## Building permits

- Alteration, filed Nov 3, 2026, estimated cost $50K, described as “Conversion of closet to powder room with toilet and sink. New coat closet at entry. New millwork and countertop in kitchen”
- Alteration, filed Aug 25, 2026, estimated cost $329K, described as “Exterior work includes replacement of main roof membrane, insulation, and flashings above existing concrete roof deck to remain as shown on drawings and as specified. No change in use, occupancy, or egress.”
- Alteration, filed Sep 24, 2024, estimated cost $68K, described as “Interior Renovations to existing apartments of unit #10B and #10C per NYC DOB TPPN 03/97.”
- Alteration, filed Dec 7, 2023, estimated cost $27K, described as “Interior Renovation of an existing apartment”
- Alteration, filed Dec 2, 2023, estimated cost $5K, described as “Interior renovation of an existing apartment.”
- Alteration, filed Aug 10, 2023, estimated cost $12K, described as “Hereby filing for the replacement and installation of plumbing fixtures in unit 11B. No change to use occupancy or egress.”
- Alteration, filed Apr 11, 2023, estimated cost $75K, described as “Interior renovation of apartment 11 e, no change to use, egress or occupancy.”
- Alteration, filed Apr 11, 2023, estimated cost $18K, described as “Modification to existing kitchen and bathroom apartment 11E. No change to use, egress or occupancy.”
- Alteration, filed May 25, 2022, estimated cost $1K, described as “Application filed to supersede D.O.B. application #123301532, as per plans. No change in use, egress, occupancy or bulk.”
- Alteration, filed May 19, 2022, estimated cost $1K, described as “Installation of plumbing fixtures along with related piping”
- Alteration, filed Apr 13, 2022, estimated cost $17K, described as “Modifications to existing plumbing fixtures in Unit 16D on the 16th floor, as per plans submitted. No change in Use, Egress or Occupancy under this application.”
- Alteration, filed Apr 13, 2022, estimated cost $72K, described as “Renovation of existing Unit 16D, on the 16th floor, as per plans herewith submitted. No change in Use, Egress or Occupancy under this application,”
- Alteration, filed Feb 3, 2022, estimated cost $18K, described as “Sprint - Decommission of existing telecommunication site. Removal of antenna sectors and cabinets the roof and related cabling/conduits from roof to cellar. No change in use, egress, or occupancy.”
- Alteration, filed Dec 1, 2021, estimated cost $150K, described as “Roof replacement and repairs as indicated on the plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Oct 20, 2021, estimated cost $1K, described as “Installation of scaffold for worker access during construction. Scaffold shall comply with nycc 2014 chapter 33 . No change in egress, use, or occupancy.”
- Alteration, filed Oct 7, 2021, estimated cost $1K, described as “Installation of sidewalk shed in accordance with nycc 2014 chapter 33 building code. No change in egress, use, or occupancy.”
- Alteration, filed Oct 28, 2020, described as “Sidewalk Shed installed per plans, no change in use, egress or occupancy”
- Alteration, filed Jun 8, 2020, estimated cost $5K, described as “Installation of temporarily supported scaffold per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Aug 1, 2019, estimated cost $3K, described as “Application filed to show plumbing work in apt.10E,10F. Filed in conjunction with JOB#123709497. No change in use, egress or occupancy.”
- Alteration, filed Apr 8, 2019, estimated cost $1K, described as “Installation of sidewalk shed as per plans filed herewith. No change to use, egress or occupancy.”

## Property taxes

- Assessment: $12,892,050
- 2026–27 tax: $1,247,737
- Market value (city estimate): $28,649,000
- Taxable value: $11,806,001
- Assessed land: $1,291,500
- Assessed improvements: $11,600,550

## Tax breaks

- Co-op and condo abatement, with no end date, a $222,210 credit this tax year.

## Zoning

C1-9A (part of the lot is R9A): floor area ratio 11.56 built, above the 10.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Apr 9, 2026: $1,200,000
- Nov 12, 2024: $1,250,000
- May 21, 2024: $2,500,000
- Apr 12, 2024: $799,000
- Jan 25, 2024: $846,000
- Dec 7, 2023: $1,120,000
- Jul 13, 2023: $935,000
- Jun 29, 2023: $715,000
- May 31, 2023: $675,000
- Dec 20, 2022: $650,000

The 10 most recent of 38 open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology