Gramercy Park Cost Chart

These Membership and Monthly Carrying Costs are effective from April 1, 2021 through March 31, 2022.

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 PlanDescriptionSqFt*UnitsMembershipMonthly $Construction $Qualifying Inc1% Equity+
ASPEN1 BD - 1 BA6833$46,035$751$77,971 $21,305$780 (65.00)
SYCAMORE1 BD - 1 BA9156$61,271$1,007$104,310 $28,771$1,043 (86.92)
CYPRESS2 BD - 1.5 BA99218$66,799$1,092$113,246 $31,200$1,132 (94.34)
LAUREL2 BD - 2 BA1,0649$71,355$1,172$121,466 $33,486$1,215 (101.25)
HAWTHORNE2 BD - 2 BA1,1006$73,832$1,211$125,576 $34,600$1,256 (104.67)
HICKORY2 BD - 2 BA1,2033$80,772$1,324$137,142 $37,829$1,371 (114.25)
WILLOW2 BD - 2 BA1,23712$83,039$1,362$141,216 $38,914$1,412 (117.67)
ROSE2 BD/ 2 BA/Den1,5463$103,930$1,702$176,491 $48,629$1,765 (147.09)
LILY2 BD/ 2 BA/Den1,7086$110,334$1,881$194,712 $53,743$1,947 (162.25)
OAK3 BD - 2 BA1,7783$117,110$1,957$202,976 $55,914$2,030 (169.17)

*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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