Penthouse at Cabrini Medical conversion to ask $33M

Sellout at Chetrit and Bistricer's Gramercy Square would net $754M

Prices at Joseph Chetrit and David Bistricer’s residential conversion of the fomer Cabrini Medical Center in Gramercy Park have been revealed, with the project’s most expensive unit asking $33 million.

A sellout at the four-building, 223-unit development, known as Gramercy Square, would net $754 million. The developers — the Chetrit Group and Bistricer’s Clipper Equity — acquired the property from Memorial Sloan-Kettering Cancer Center for $150 million in 2013, with condo units expected to hit the market this summer.

Asking prices at the project’s largest building, a 140-unit property at 215 East 19th Street, start at $1.2 million for a 640-square-foot studio and range up to $33 million for a 7,120-square-foot penthouse that also features 5,380 square feet of outdoor space, according to Curbed.

Eight full-floor apartments at 220 East 20th Street will start at $5.4 million for a 2,247-square-foot, three-bedroom unit, and peak at $8.25 million for a four-bedroom, 3,528-square-foot penthouse with a 2,503-square-foot terrace.

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Prices at the 54-unit 225 East 19th Street will range from $885,000 for a 543-square-foot studio to $7.5 million for a three-bedroom, 2,684-square-foot penthouse featuring 1,432 square feet of outdoor space.

Another 54-unit building at 230 East 20th Street will have asks starting at $1.3 million for a 638-square-foot, one-bedroom apartment and ranging up to $11.95 million for a four-bedroom, 4,495-square-foot penthouse featuring a 2,697-square-foot terrace.

Renderings for Gramercy Square were released earlier this year. [Curbed] — Rey Mashayekhi

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Penthouse at Cabrini Medical conversion to ask $33M

Sellout at Chetrit and Bistricer's Gramercy Square would net $754M

Prices at Joseph Chetrit and David Bistricer’s residential conversion of the fomer Cabrini Medical Center in Gramercy Park have been revealed, with the project’s most expensive unit asking $33 million.

A sellout at the four-building, 223-unit development, known as Gramercy Square, would net $754 million. The developers — the Chetrit Group and Bistricer’s Clipper Equity — acquired the property from Memorial Sloan-Kettering Cancer Center for $150 million in 2013, with condo units expected to hit the market this summer.

Asking prices at the project’s largest building, a 140-unit property at 215 East 19th Street, start at $1.2 million for a 640-square-foot studio and range up to $33 million for a 7,120-square-foot penthouse that also features 5,380 square feet of outdoor space, according to Curbed.

Eight full-floor apartments at 220 East 20th Street will start at $5.4 million for a 2,247-square-foot, three-bedroom unit, and peak at $8.25 million for a four-bedroom, 3,528-square-foot penthouse with a 2,503-square-foot terrace.

Sign Up for the undefined Newsletter

By signing up, you agree to TheRealDeal Terms of Use and acknowledge the data practices in our Privacy Policy.

Prices at the 54-unit 225 East 19th Street will range from $885,000 for a 543-square-foot studio to $7.5 million for a three-bedroom, 2,684-square-foot penthouse featuring 1,432 square feet of outdoor space.

Another 54-unit building at 230 East 20th Street will have asks starting at $1.3 million for a 638-square-foot, one-bedroom apartment and ranging up to $11.95 million for a four-bedroom, 4,495-square-foot penthouse featuring a 2,697-square-foot terrace.

Renderings for Gramercy Square were released earlier this year. [Curbed] — Rey Mashayekhi

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