Gramercy Park Eagan Cost Chart

3These Membership and Monthly Carrying Costs are effective from April 1, 2023 through March 31, 2024.-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 4/1/23
Monthly Carrying
Charge 4/1/23
1% Equity
as of 3/31/23
ASPEN1 BD - 1 BA6833$47,595$853$780
SYCAMORE1 BD - 1 BA9156$63,357$1,144$1,043
CYPRESS2 BD - 1.5 BA99218$69,063$1,241$1,132
LAUREL2 BD - 2 BA1,0649$73,785$1,330$1,215
HAWTHORNE2 BD - 2 BA1,1006$76,344$1,375$1,256
HICKORY2 BD - 2 BA1,2033$83,514$1,503$1,371
WILLOW2 BD - 2 BA1,23712$85,863$1,546$1,412
ROSE2 BD/ 2 BA/Den1,5463$107,460$1,932$1,765
LILY2 BD/ 2 BA/Den1,7086$114,228$2,134$1,947
OAK3 BD - 2 BA1,7783$121,170$2,223$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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