The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

32 Gramercy Park South, Unit 10A

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First offering of a rare, sun-flooded and spacious 2 bedroom, 2 bathroom 1,030 square foot apartment. The full-service postwar cooperative is found in the heart of the Gramercy Park Historic District, a unique enclave of 19th century buildings surrounding Manhattan’s only remaining private park. In 1831 Samuel B. Ruggles, a developer and advocate of open space, proposed the idea for the park. Tenant-shareholders at 32 Gramercy Park South may purchase a much-coveted key to this bucolic sanctuary annually.

Ideally suited for use as either a primary residence or spacious pied–terre, the thoughtfully designed layout of Apartment 10A affords great versatility. A large, well-proportioned corner Living Room boasts dual southern and eastern exposures and adjoins an open-plan Kitchen. The Kitchen features a dining island anchored by bookshelves, granite countertops, a GE Profile range and oven, a GE microwave, a Frigidaire refrigerator, a Miele dishwasher and excellent storage. Facing west, the light-flooded Bedrooms are distinguished by 42 feet of protected views over the historic townhouses, lush gardens and the park. The Primary Bedroom enjoys two exposures and an en-suite Bathroom with a shower. The Second Bedroom features a Murphy bed. Both Bathrooms have been recently updated. Attractive wide plank hardwood floors, an abundance of closet space, custom-designed built-ins, and through-the-wall air conditioning have been installed throughout.

Building amenities include an expansive Roof Garden with captivating views of Gramercy Park and the city skyline and the availability of a Package Room and a recently updated central Laundry Room. Impeccable service and seamless security are provided by a dedicated staff, including a Resident Manager, 24-hour Doorman, and Porters and Handymen. 32 Gramercy Park South was built in 1956 with the simple lines and large windows typical of the Mid-Century Modern period. An extensive capital improvement program included an update of elevators, a refurbished Lobby and public hallways, energy conversion, and an attractively landscaped Roof Garden. The building features the option of an on-site parking garage, the only garage directly on Gramercy Park, which is owned by the building. Pets, pied-a-terres, co-purchases and financing of up to 80% of the purchase price may be permitted with board approval.

Photographs 1, 3, 8, and 11 are Virtually Staged.



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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