Gramercy Park Senior Cooperative

1333 Arthur Ln NW, Rochester, MN 55901, USA
  - Senior Cooperative

Property Info

If you are looking for an active senior living community in Rochester where you can enjoy independence, yet settle into a family environment, look no further. There is no better choice than Gramercy Park Senior Cooperative. This is an independent senior living at its best!

At Gramercy Park, we are a vibrant, active group of individuals who are 62 years young and beyond, who love to extend a warm welcome to new members of our community! You will quickly realize that we value each other, and we take responsibility for each other and the genuine well-being of our cooperative community. The feeling of being part of a family is not just something that we talk about; it is part of the very fiber of our community.

The beauty of living in a senior living cooperative is that our members enjoy both independence and participation. Each member values being independently responsible for themselves, however, there are an abundance of opportunities to actively participate with our friends and neighbors in Gramercy Park, as we live together in our senior community.
From the moment you join our community, you are among friends; and the senior friends here enjoy having fun! Join a book club or card club, meet some friends in the woodshop for a new project, harvest some food from the gardens, or join some friends on the free courtesy van for a shopping adventure. Bring who you are, and join who we are.

We like to say that, “We are a community of friends and neighbors.”

At Gramercy Park Senior Cooperative, you are more than just a tenant. You are an owner, and a member. As a member of a housing cooperative, you will experience the benefits of ownership, but you won’t have all the typical responsibilities of owning a house. In a way, it’s like having the best of both worlds. Allow us to explain.

Cooperative living provides the unique opportunity to participate in the ownership of your living space, while leaving the strenuous responsibilities of maintenance and upkeep of a house behind. You will enjoy a carefree lifestyle, in a safe and secure environment, while someone else takes care of the maintenance. And, as a member, you’ll experience financial security and a voice in the decision making of your home and community.

As a part of the Gramercy Park Senior Cooperative, you will have the opportunity to purchase your own living unit that reflects your own personal style and size requirements. Within the 87 units and 3 stories that make up Gramercy Park, you’ll find seven distinct floor plans to choose from, to find one that’s just right for you.

The uniqueness of the living spaces does not stop with just seven floor plans. Since we welcome our members making changes to their personal living space and bringing their own creative flare, you will find that no two units are exactly alike. Each one reflects the unique nature of a Gramercy Park member, and once you’ve settled in with us, your home will reflect you!

Contact: RoxAnn Fenske
Office hours:
Email: gramercyrochstr@aol.com
Phone: (507)-289-0864

Floor Plans

Aspen

695 Sq Ft
1 Bedroom
1 Bathroom

1BR/1BA, 695 sq. ft.*
Quantity: 10
Membership cost: $31,171
Monthly cost: $621
1% annual equity: $602
Qualifying income: $16,204

Birch

876 Sq Ft
1 Bedroom
1 Bathroom

1BR/1BA, 876 sq. ft.*
Quantity: 16
Membership cost: $39,297
Monthly cost: $790
1% annual equity: $759
Qualifying income: $20,604

Cedar

1059 Sq Ft
2 Bedrooms
1.5 Bathrooms

2BR/1.5BA, 1,059 sq. ft.*
Quantity 12
Membership cost: $44,259
Monthly cost: $915
1% annual equity: $888
Qualifying income: $23,871

Cypress

993 Sq Ft
2 Bedrooms
1.5 Bathrooms

2BR/1.5BA, 993 sq. ft.*
Quantity: 18
Membership cost: $42,565
Monthly cost: $907
1% annual equity: $860
Qualifying income: $23,660

Hawthorne

1094 Sq Ft
2 Bedrooms
2 Bathrooms

2BR/2BA, 1,094 sq. ft.*
Quantity 18
Membership cost: $48,167
Monthly cost: $976
1% annual equity: $932
Qualifying income: $25,452

Laurel

1090 Sq Ft
2 Bedrooms
2 Bathrooms

2BR/2BA, 1,090 sq. ft.*
Quantity: 12
Membership cost: $48,907
Monthly cost: $995
1% annual equity: $944
Qualifying income: $25,953

Oak

1352 Sq Ft
2 Bedrooms
2 Bathrooms

2BD, 2BA, 1,352 sq. ft.*
Quantity: 1
Membership cost: $59,396
Monthly cost: $1,237
1% annual equity: $1,117
Qualifying income: $32,276

Property on Map

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