Gramercy Park Cost Chart

These Membership and Monthly Carrying Costs are effective from April 1, 2022 through March 31, 2023.

There are two primary costs involved in joining the Cooperative:

  1. Membership Cost is the one-time payment to purchase a share in the Cooperative, scaled according to the size of the home being purchased.
  2.  Monthly Carrying Charge is a monthly payment, also scaled according to the size of the home, which pays for the mortgage, real estate taxes, operating expenses, lender-required reserves, interior & exterior maintenance, heat, electricity, water, sewer, trash, recycling, cable TV, internet, phone & heated underground parking with secure storage unit.
Floor PlanUnit DescriptionSq Ft*# of UnitsMembership Share
as of 4/1/22
Monthly Carrying
Charge 4/1/22
1% Equity
as of 3/31/22
ASPEN1 BD - 1 BA6833$46,815$785$780
SYCAMORE1 BD - 1 BA9156$62,314$1,052$1,043
CYPRESS2 BD - 1.5 BA99218$67,931$1,142$1,132
LAUREL2 BD - 2 BA1,0649$72,570$1,224$1,215
HAWTHORNE2 BD - 2 BA1,1006$75,088$1,265$1,256
HICKORY2 BD - 2 BA1,2033$82,143$1,383$1,371
WILLOW2 BD - 2 BA1,23712$84,451$1,422$1,412
ROSE2 BD/ 2 BA/Den1,5463$105,695$1,777$1,765
LILY2 BD/ 2 BA/Den1,7086$112,281$1,963$1,947
OAK3 BD - 2 BA1,7783$119,140$2,045$2,030

*Estimated- actual square footage may vary.

+Annual 1% equity is added to the Membership share cost at end of Fiscal year.

Gramercy Park of Eagan has 69 apartment homes, including 1-, 2- and 3-bedroom floor plans.

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