Rare Corner Loft First Offering in Over 40 Years Gramercy Flatiron 2 BR convertible, alt.

Rare Corner Loft - First Offering in Over 40 Years - Gramercy/Flatiron

2 BR (convertible, alt. floor plan available) 2 full baths 1,607 sq ft $2,595,000 ($1,614/sq ft) Maintenance $4,313/mo.

Offered for the first time in over four decades, this sprawling corner loft at Park Avenue South and 18th Street occupies one of Flatiron/Gramercy's most established boutique cooperatives. Nearly eighty linear feet of continuous window wall - nine oversized windows in all wrapping the corner, filling the home with light and framing dynamic skyline and street views.

Currently an expansive open loft with one enormous bedroom and two full bathrooms, the layout converts easily to two-bedrooms with a single added wall (see alternate floor plan), preserving the dramatic volume, 11.5-foot ceilings and original restored maple hardwood floors.

The renovation path here is proven, not speculative. The board has previously approved central air conditioning and window replacement for other units in the building - this is not a first-of-its-kind ask, but a well-established process with precedent.

With comparable units in the building trading north of $1,800/sq ft even unrenovated, 7B is priced asking $1,614/sq ft - offering real, built-in equity before a single renovation dollar is spent.

Residents enjoy shared storage and complimentary laundry on every floor, and a landscaped, furnished common roof terrace. No assessments, and a board that welcomes pied-à-terre, LLC, and trust ownership, round out one of the most desirable co-op foundations in the neighborhood.