Gramercy Park recorded 37 closed sales in the last 30 days at a median close price of $1.32M. Active inventory stands at 106 listings with a median asking price of $1.45M ($1,773/sqft). Condos dominate at 48% of inventory. 29.2% price reductions among active listings. 7 new listings hit the market this week, while 91 properties are under contract. At current absorption rates, Gramercy Park has approximately 2.9 months of supply, making it a seller's market. As a Gramercy Park specialist with over 25 years of experience, I track these numbers daily to give my clients a competitive edge. If you are considering buying or selling in Gramercy Park, call me at (917) 416-7433 for a personalized market analysis.
Gramercy Park Market Report August 2026: $1.45M Median
Milton Coste
Live from REBNY/RLS
August 30, 2026
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
106
Active Listings
$1.45M
Median Asking
37
Sold (30 Days)
2.9
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 106 |
| Pending Sales | 91 |
| Median Asking Price | $1.45M |
| Median Price/Sqft | $1,773 |
| Avg Days on Market | N/A |
| New This Week | 7 |
| Price Reduced | 31 (29.2%) |
| Sold (Last 30 Days) | 37 |
| Sold (Last 90 Days) | 61 |
| Median Sale Price (90d) | $1.32M |
| Sale-to-List Ratio | 100.1% |
| Months of Supply | 2.9 (seller's market) |
Property Mix
Condo 48% (51)
Co-op 41% (43)
Condop 5% (5)
Recent Transactions
Rental Market
9
Closed Rentals (30 Days)
$6,600/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| Studio | 3 | $3,150/mo | $2,895 - $3,500 |
| 1 BR | 5 | $6,750/mo | $3,500 - $7,300 |
| 2 BR | Limited data | Limited data | Limited data |
Recent Transactions
|
304 E 20th Street #LLB, Apt LLB | $3,150/mo | Studio | Aug 28, 2026 |
|
304 E 20th Street #PHA, Apt PHA | $7,000/mo | 2 BR | Aug 28, 2026 |
|
290 3rd Avenue #16C, Apt 16C | $7,100/mo | 1 BR | Aug 28, 2026 |
|
230 E 20th Street #52, Apt 52 | $6,750/mo | 1 BR | Aug 27, 2026 |
|
333 E 14TH Street #10A, Apt 10A | $3,500/mo | Studio | Aug 26, 2026 |
|
290 3rd Avenue #21C, Apt 21C | $7,300/mo | 1 BR | Aug 21, 2026 |
|
290 3rd Avenue #23D, Apt 23D | $6,600/mo | 1 BR | Aug 21, 2026 |
|
75 Lexington Avenue #3R, Apt 3R | $3,500/mo | 1 BR | Aug 19, 2026 |
|
344 E 20th Street #2A, Apt 2A | $2,895/mo | Studio | Aug 4, 2026 |
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Active Listings in Gramercy Park
View All
$2,275,000
201 E 23rd Street #4B
2 beds
2 baths
1,120 sqft
Condop
$2,120,000
201 E 23rd Street #5E
2 beds
2 baths
1,169 sqft
Condop
$1,295,000
340 E 23rd Street #3D
2 beds
2 baths
1,082 sqft
Condo
$3,350,000
355 E 19th Street #PH
3 beds
2 baths
1,952 sqft
Condo
$1,388,000
1 IRVING Place #19GC
1 bed
1 bath
670 sqft
Condo
$625,000
317 E 18th Street #4-C
1 bed
1 bath
Co-op
Data provided by the RLS at REBNY
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.