Gramercy Park recorded 6 closed sales in the last 30 days at a median close price of $735K. Active inventory stands at 168 listings with a median asking price of $1.45M ($1,797/sqft). Co-ops dominate at 49% of inventory. 28.0% price reductions among active listings. 12 new listings hit the market this week, while 123 properties are under contract. At current absorption rates, Gramercy Park has approximately 28 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 Real Estate May 2026 | $1.45M Median
Milton Coste
Live from REBNY/RLS
May 18, 2026
Milton Coste
Licensed Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
168
Active Listings
$1.45M
Median Asking
6
Sold (30 Days)
28
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 168 |
| Pending Sales | 123 |
| Median Asking Price | $1.45M |
| Median Price/Sqft | $1,797 |
| Avg Days on Market | N/A |
| New This Week | 12 |
| Price Reduced | 47 (28.0%) |
| Sold (Last 30 Days) | 6 |
| Sold (Last 90 Days) | 8 |
| Median Sale Price (90d) | $735K |
| Sale-to-List Ratio | 100.0% |
| Months of Supply | 28 (buyer's market) |
Property Mix
Condo 43% (72)
Co-op 49% (82)
Condop 5% (8)
Recent Transactions
|
301 E 22ND Street #8R, Apt 8R | $569,000 | 1 BR | May 15, 2026 |
|
205 3rd Avenue #12P, Apt 12P | $645,000 | Studio | May 7, 2026 |
|
145 E 15TH Street #4C, Apt 4C | $565,000 | Studio | May 15, 2026 |
|
121 E 22ND Street #N1505, Apt N1505 | $3,425,000 | 2 BR | May 13, 2026 |
|
302 E 19TH Street #3B, Apt 3B | $987,000 | 1 BR | May 13, 2026 |
|
200 E 16th Street #16L, Apt 16L | $975,000 | 1 BR | May 15, 2026 |
Rental Market
1
Closed Rentals (30 Days)
$4,000/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| 2 BR | Limited data | Limited data | Limited data |
Based on 1 transaction. Limited volume may result in atypical metrics.
Recent Transactions
|
279 1ST Avenue #1, Apt 1 | $4,000/mo | 2 BR | May 13, 2026 |
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Active Listings in Gramercy Park
View All
$1,495,000
48 GRAMERCY Park #1B
1 bed
2 baths
Co-op
$1,350,000
230 E 20th Street #52
1 bed
1 bath
687 sqft
Condo
$1,160,700
385 1st Avenue #6G
1 bed
1 bath
730 sqft
Condo
$1,549,000
201 E 21st Street #8S
2 beds
2 baths
Co-op
$1,525,000
350 E 18TH Street #9C
1 bed
1 bath
660 sqft
Condo
$4,995,000
350 E 18TH Street #PHB
3 beds
4 baths
1,768 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.