For the third time this year, Gramercy Park’s “medieval castle,” has taken a price cut, and this time it’s asking $3.75 million. When we last checked in with this two-bedroom co-op in February this year, it had just come on the market with a new brokerage firm, and a reduced ask of $4.88 million.
But that didn’t seem to pay off either, and the owner switched to Brown Harris Stevens in June, who first listed the apartment for $4.75 million, and it’s now on the market again for $1 million less.
Located atop 44 Gramercy Park North, the apartment first came on the market in 2014 for $7 million. It has traded several brokerage firms and prices over the years, but still hasn’t found a buyer. A previous listing agent on the property told Curbed that the current owner of the property has lived in it for 60 years.
Some of the standout features here include the stone fireplace, the carved wooden doors, the stained glass windows, a 500-square-foot terrace, and of course, a key to Gramercy Park. Will it finally find a buyer this time?