Cooperativa Gramercy Park

Residence 721 at Penny Lane is a bright and flexible one-bedroom simplex, currently configured as a two-bedroom with French doors. Located on the 7th floor, the home features open views and excellent natural light throughout.

The renovated kitchen offers stone countertops and ample cabinetry, flowing seamlessly into the living area. The bathroom has also been updated with clean, modern finishes. The adaptable layout provides space for a second bedroom, home office, or nursery.

Penny Lane, a former ice cream factory, is a full-service cooperative with a distinctive London-inspired lobby. Amenities include a 24-hour doorman, live-in superintendent, on-site garage, bike storage, package room, video security, and two laundry rooms per floor. The expansive planted roof deck showcases sweeping skyline views, including the Chrysler, MetLife, and Empire State Buildings.

Ideally located near Gramercy Park and the Flatiron District, just two blocks from the 6 train, and surrounded by excellent dining and shopping.

Co-purchasing, guarantors, and subletting after two years (with board approval) permitted. Sorry, no dogs.

The capital assessment of $761.21 will be in place through December 2029 to fund the co-op’s Local Law 11 project.