For $4.8M, this Gramercy co-op comes with a 21-foot-long veranda and a coveted key to the park

A co-op in Gramercy recently hit the market for $4.75 million and comes with one of New York City’s most priceless amenities: an exclusive key to the park. Located at 48 Gramercy Park North, this one-bedroom home measures 1,765 square feet and features 14-foot high ceilings and exposed brick. With south-facing views overlooking the park, and a 21-foot-long veranda, this apartment should not be missed.

The living room is drenched in natural light, that flows in through the French doors. The doors open onto the veranda, letting more sunlight in.

Facing out towards the living room, the open chef’s kitchen is made for entertaining guests. Appliances include a Wolf oven and range, Liebherr refrigerator, and Bosch dishwasher.

The north-facing master bedroom boasts original moldings and shutters. More charming features include built-in bookshelves and a marble wood-burning fireplace. To top it off, the master has five closets, including a walk-in, and a marble master bathroom.

A lofted workspace overlooks the living room and shares the same park views. More lofted space sits behind the workspace and is currently being used as storage.

The building was built in 1858 and served as the home of Peter Cooper’s grandson Edward Hewitt and his family for decades after. Amenities include laundry and private storage in the basement.

[Listing: 48 Gramercy Park North, Apt 2 by Elizabeth Spahr and Liz Schwartzberg for The Corcoran Group]

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All images courtesy of Corcoran