New York City  »  10010  »  Gramercy Park N  »  48 Gramercy Park N

48 Gramercy Park N, New York, NY 10010 - Property report

Also known as: 127 E 21st St

Property image for 48 Gramercy Park N, New York, NY 10010
static Mapbox map

Property type

Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)

Year built

1930

Lot sq. ft.

2,307

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
48 Gramercy Park N
Alternate address(es)
127 E 21st St
ZIP code
10010
Neighborhood
Gramercy Park
Borough
Manhattan
Block & lot
00877-0025

Owner

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Building
Property type
Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
Building sq. ft.
7,866
Building dimensions
24 ft x 86 ft
Buildings on lot
1
Stories
5
Year built
1930
Last altered
2012
Tax
Tax year
2026-2027
Property tax
$105,150
Tax class
Zoning & Use
Zoning
Residential units
8
Residential sq. ft.
Lot
Frontage(s)
Gramercy Park North (narrow)
Nearest wide street
3 Avenue
Distance to wide street
Lot dimensions
24 ft x 98.75 ft
Lot sq. ft.
2,307
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Current built area
7,867 sq. ft.
Buildable area

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
92 /100.  Biker's Paradise
School district
2
Community district
6
Closest police station
0.76 Miles
Closest fire station
0.29 Miles

View more such as transportation, nearby schools and risk designations.

Units for 48 Gramercy Park N, New York, NY

Unit Sale date Sale price Sq. ft. Price/Sq. ft.
Unit 1A 09/27/2013 420
Unit 1B,C 06/12/2007
Unit 2 03/04/2022
Unit 2A
Unit 2B
Unit 3A 05/13/2011
Unit 3B
Unit 4B 06/07/2011
Unit 8B 04/28/2015
Unit PH
Unit PH48
Ownership

Ownership information for 48 Gramercy Park N, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 48 Gramercy Park N, New York, NY 10010

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/20/2025 - R Initial UCC1
(2025060900584007)		 XX XXXXXXXX XXXX XXXXX XXX XXXXXXXXX XXXXXXXXX XXXX
06/20/2025 - R UCC3 Termination
(2025060900584006)		 XX XXXXXXXX XXXX XXXXX XXX XXXXXX XXXXXXXX XXXX
06/20/2025 - R
06/03/2025 - D		 Termination of Assign of L&R
(2025060900584005)		 XXXXXX XXXXXXXX XXXX XX XXXXXXXX XXXX XXXXX XXX
06/20/2025 - R
06/03/2025 - D		 Assignment of Leases and Rents
(2025060900584004)		 XX XXXXXXXX XXXX XXXXX XXX XXXXXXXXX XXXXXXXXX XXXX
06/20/2025 - R
06/03/2025 - D		 Agreement
(2025060900584003)		 XX XXXXXXXX XXXX XXXXX XXX XXXXXXXXX XXXXXXXXX XXXX
06/20/2025 - R
06/03/2025 - D		 Mortgage
(2025060900584002)		 XX XXXXXXXX XXXX XXXXX XXX XXXXXXXXX XXXXXXXXX XXXX
06/20/2025 - R
06/03/2025 - D		 Assignment, Mortgage
(2025060900584001)		 XXXXXX XXXXXXXX XXXX XXXXXXXXX XXXXXXXXX XXXX
04/01/2024 - R UCC3 Amendment
(2024040100170001)		 XX XXXXXXXX XXXX XXXXX XXX XXXXXX XXXXXXXX XXXX
07/17/2020 - R UCC3 Continuation
(2020071700188001)		 XX XXXXXXXX XXXX XXXXX XXX XXXXXX XXXXXXXX XXXX
10/01/2015 - R Initial UCC1
(2015062601240003)		 XX XXXXXXX XXXX XXXXX XXX XXXXXX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 48 Gramercy Park N, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$105,150
Municipal exemptions
Recent tax assessments
Market value
$3,490,000
Assessed value
$1,570,500

More about New York City Property Taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $4,362,000 $1,962,900 $954,882 12.439% $119,347 $118,778 +24.96%
2024/25 $3,635,000 $1,635,750 $884,091 12.5% $111,049 $95,056 +7.73%
2023/24 $3,877,000 $1,744,650 $817,945 12.502% $102,840 $88,232 +5.91%
2022/23 $4,846,000 $2,180,700 $758,399 12.267% $93,619 $83,306 +0.68%
2021/22 $5,701,000 $2,565,450 $755,799 12.235% $93,375 $82,746 -7.71%
2020/21 $5,535,000 $2,490,750 $730,878 12.267% $90,536 $89,657 +6.27%
2019/20 $5,142,000 $2,313,900 $676,388 12.473% $85,238 $84,366 +6.96%
2018/19 $4,285,000 $1,928,250 $625,408 12.612% $79,803 $78,876 +6.88%
2017/18 $4,282,000 $1,926,900 $580,221 12.719% $74,668 $73,798 -1.30%
2016/17 $4,049,010 $1,822,054 $579,981 12.892% $75,684 $74,771 +3.22%
Permits

Permit information for 48 Gramercy Park N, New York, NY

Filing date Job type Job status Job description Initial cost
11/15/2023 Alteration
10/16/2023 Alteration
10/16/2023 Alteration
10/12/2023 Alteration
10/12/2023 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID Inspection date Class NOV issue date Status
07/12/1988 B
02/18/1987 A
02/18/1987 A

*Most recent HPD violations on record for this property.

Neighborhood

Gramercy Park residential market stats

Access a detailed real estate market overview of Gramercy Park so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Gramercy Park and compare it to other neighborhoods in Manhattan.

Median sale price

$1,200,000

20.9% Y-o-Y

Median price/sq. ft.

$1,685

12.8% Y-o-Y

Manhattan median sale price

$1,250,000

4.2% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
5

Subway & traffic

Closest station
Park Ave & 22nd St at NE Corner
Station lines
6
Distance (miles)
0.11
View subway map

Access the detailed traffic volume map for 48 Gramercy Park N, New York, NY 10010 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 40 Augustus St.-Gaudens 8 Yes Public PK, K-5 577 0.27
P.S. 40 Augustus St.-Gaudens 8 Yes Public PK, K-5 577 0.27
Ecole Internationale De New York - The Ecole NR No Private PK-8 214 0.09
Ecole Internationale De New York - The Ecole NR No Private PK-8 214 0.09
Epiphany Elementary School NR No Private PK, K-8 552 0.17
Epiphany Elementary School NR No Private PK, K-8 552 0.17
The Epiphany School NR No Private PK-8 501 0.18
47 the American Sign Language and English Lower School 4 No Public PK, K-8 176 0.20
47 the American Sign Language and English Lower School 4 No Public PK, K-8 176 0.20
Ballet Tech Nyc Ps For Dance 10 No Public 4-8 116 0.23
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 104 Simon Baruch 8 Yes Public 6-8 891 0.30
School Of The Future High School 8 No Public 6-12 730 0.06
Ecole Internationale De New York - The Ecole NR No Private PK-8 214 0.09
Epiphany Elementary School NR No Private PK, K-8 552 0.17
The Epiphany School NR No Private PK-8 501 0.18
United Nations International School NR No Private PK-12 1,615 0.20
Learning Spring School NR No Private K-8 189 0.20
47 the American Sign Language and English Lower School 4 No Public PK, K-8 176 0.20
Ballet Tech Nyc Ps For Dance 10 No Public 4-8 116 0.23
Success Academy Union Square 9 No Charter K-8 993 0.24
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
School Of The Future High School 8 No Public 6-12 730 0.06
United Nations International School NR No Private PK-12 1,615 0.20
American Sign Language & English Secondary School NR No Public 9-12 202 0.20
Union Square Academy For Health Sciences 5 No Public 9-12 468 0.24
Academy for Software Engineering 5 No Public 9-12 412 0.24
International High School at Union Square 2 No Public 9-12 322 0.24
Gramercy Arts High School 7 No Public 9-12 516 0.24
High School For Language And Diplomacy 4 No Public 9-12 155 0.24
Baruch College Campus High School NR No Public 9-12 490 0.26
Friends Seminary NR No Private K-12 779 0.29

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 48 Gramercy Park N, New York, NY

39 Gramercy Park N, New York 158 E 22nd St, New York 34 Gramercy Park E, New York 45 Gramercy Park N, New York 1 Lexington Ave, New York 2 Lexington Ave, New York 44 Gramercy Park N, New York 152 E 22nd St, New York 40 Gramercy Park N, New York 256 3rd Ave, New York 37 Gramercy Park E, New York 272 3rd Ave, New York 274 3rd Ave, New York 150 E 22nd St, New York 60 Gramercy Park N, New York 151 E 20th St, New York 7 Gramercy Park W, New York 258 3rd Ave, New York 39 A Gramercy Park N, New York 61 Gramercy Park N, New York

Nearby ZIP codes for 48 Gramercy Park N, New York, NY

10001, New York City, NY 10003, New York City, NY 10009, New York City, NY 10011, New York City, NY 10012, New York City, NY 10016, New York City, NY 10017, New York City, NY 10110, New York City, NY 10119, New York City, NY 10165, New York City, NY 10167, New York City, NY 10169, New York City, NY 10170, New York City, NY 10171, New York City, NY 10172, New York City, NY 10173, New York City, NY 10174, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for 48 Gramercy Park N, New York, NY 10010?

The development at 48 Gramercy Park N, New York, NY 10010 was built in 1930.

What is the total square footage of 48 Gramercy Park N, New York, NY 10010?

48 Gramercy Park N, New York, NY 10010 has a total of 7,866 square feet.

What is the assessed value of 48 Gramercy Park N, New York, NY 10010?

48 Gramercy Park N, New York, NY 10010 is currently assessed at $1,570,500.

What are the property taxes for 48 Gramercy Park N, New York, NY 10010?

The property taxes for 48 Gramercy Park N, New York, NY 10010 total $122,314.

How many residential units does this building have?

This building has 8 residential unit(s).

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