This is a rare opportunity to combine a large corner one bedroom with a home office/nursery with the adjacent studio that could yield a large three bedroom three bath with a separate dining area or a very large two bedroom three bath apartment with North, East and South exposures in a full service building steps from Gramercy Park. Beamed high ceilings with hand detailed crown moldings, hard wood floors, windowed kitchen and bathrooms make this a very desirable home. The proposed combination would require filing the alteration agreement, securing the usual board approval as well as filing necessary permits with the city. Park Gramercy is a full service building located across from the newly restored Gramercy Park hotel, the trendy restaurants of Park Avenue South, Union square and all major subway lines. The building has a full time doorman, a beautiful roof deck, bicycle storage and a central laundry in the basement. The building has a lenient board that functions like a condominium with no term limits on renting or minimum down payment requirements and welcomes foreign buyers wanting to buy a home as a pied a terre or an investment unit. Approval is by waiver of right of first refusal similar to a condominium. The building is pet friendly.