Gramercy Park recorded 18 closed sales in the last 30 days at a median close price of $870K. Active inventory stands at 169 listings with a median asking price of $1.23M ($1,765/sqft). Co-ops dominate at 48% of inventory. 26.6% price reductions among active listings. 11 new listings hit the market this week, while 103 properties are under contract. At current absorption rates, Gramercy Park has approximately 9.4 months of supply, making it a buyer'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 Update: March 2026
Milton Coste
Live from REBNY/RLS
March 24, 2026
Milton Coste
Licensed Associate Broker at Keller Williams NYC
NY License #10401274378 | (917) 416-7433
169
Active Listings
$1.23M
Median Asking
18
Sold (30 Days)
9.4
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 169 |
| Pending Sales | 103 |
| Median Asking Price | $1.23M |
| Median Price/Sqft | $1,765 |
| Avg Days on Market | N/A |
| New This Week | 11 |
| Price Reduced | 45 (26.6%) |
| Sold (Last 30 Days) | 18 |
| Sold (Last 90 Days) | 48 |
| Median Sale Price (90d) | $870K |
| Sale-to-List Ratio | 99.4% |
| Months of Supply | 9.4 (buyer's market) |
Property Mix
Condo 44% (75)
Co-op 48% (81)
Condop 5% (8)
Recent Transactions
Rental Market
4
Closed Rentals (30 Days)
$5,575/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| Studio | 3 | $4,950/mo | $4,850 - $6,200 |
| 3+ BR | Limited data | Limited data | Limited data |
Based on 4 transactions. Limited volume may result in atypical metrics.
Recent Transactions
|
131 E 19TH Street #5, Apt 5 | $10,000/mo | 3 BR | Mar 14, 2026 |
|
121 E 22ND Street #N603, Apt N603 | $6,200/mo | Studio | Mar 17, 2026 |
|
290 3rd Avenue #3D, Apt 3D | $4,850/mo | Studio | Mar 16, 2026 |
|
290 3rd Avenue #8D, Apt 8D | $4,950/mo | Studio | Feb 26, 2026 |
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Active Listings in Gramercy Park
View All
$3,575,000
121 E 22ND Street #N1605
2 beds
3 baths
1,678 sqft
Condo
$1,100,000
385 1st Avenue #18H
1 bed
1 bath
713 sqft
Condo
$1,275,000
350 E 18TH Street #4E
1 bed
1 bath
723 sqft
Condo
$2,250,000
350 E 18TH Street #9D
2 beds
2 baths
1,020 sqft
Condo
$1,500,000
350 E 18TH Street #6B
1 bed
1 bath
695 sqft
Condo
$3,995,000
350 E 18TH Street #12A
3 beds
3 baths
1,572 sqft
Condo
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.