Asking $15M, one of the last Gramercy Park townhouses comes with keys to the park

Here’s a rare opportunity to own one of only five remaining single-family townhouses with a Gramercy Park address and one of the city’s most coveted accessories: keys to the famous neighboring park. A former 19th-century boarding house with rooms “decorated with ferns, foliage, and Autumn flowers,” according to an 1895 article in The Times, 40 Gramercy Park North is one of the last survivors from the initial period of development around the park, now sandwiched between two large apartment buildings. For $14,950,000 the six-story home carries plenty of historic charm but has been updated for modern living, complete with an elevator.

Upon entering through a glass-enclosed vestibule, the ground floor leads to the first of several living rooms, a kitchen featuring sleek wood cabinetry, a guest bedroom suite, and a balcony overlooking the rear garden. A stair leads down to the garden level which includes a staff suite, kitchenette, recreation room, and powder room. Though residents already have access to Gramercy Park, the home also has its own private garden in the back.

The parlor level has two formal living rooms featuring 13-foot-high ceilings, wood-burning fireplaces, a wine storage room, and balconies overlooking Gramercy Park.

Upstairs is an extravagant two-story master suite with two separate full baths, a walk-in closet, large double-height windows, and access to a private staircase that leads up to a study/office space. 17-foot ceilings and large skylights fill the space with light.

On the fourth and fifth floors are three additional bedrooms and two full baths. Built circa 1851 in the Anglo-Italianate style, the house currently covers 7,200 square feet but since the property lies just outside of the Gramercy Park Historic District, it could undergo a significant renovation.

[Listing: 40 Gramercy Park North by Joshua Wesoky and The Wesoky Team, Josh Doyle, and Nick Gavin of Compass Group]

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Listing images courtesy of Compass Group