Gramercy Park recorded 24 closed sales in the last 30 days at a median close price of $1.42M. Active inventory stands at 171 listings with a median asking price of $1.40M ($1,727/sqft). Co-ops dominate at 49% of inventory. 29.8% price reductions among active listings. 8 new listings hit the market this week, while 147 properties are under contract. At current absorption rates, Gramercy Park has approximately 7.1 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 Report May 2026: $1.40M Median
Milton Coste
Live from REBNY/RLS
June 14, 2026
Milton Coste
Licensed Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
171
Active Listings
$1.40M
Median Asking
24
Sold (30 Days)
7.1
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 171 |
| Pending Sales | 147 |
| Median Asking Price | $1.40M |
| Median Price/Sqft | $1,727 |
| Avg Days on Market | N/A |
| New This Week | 8 |
| Price Reduced | 51 (29.8%) |
| Sold (Last 30 Days) | 24 |
| Sold (Last 90 Days) | 40 |
| Median Sale Price (90d) | $1.42M |
| Sale-to-List Ratio | 100.0% |
| Months of Supply | 7.1 (buyer's market) |
Property Mix
Condo 44% (75)
Co-op 49% (83)
Condop 3% (5)
Recent Transactions
Rental Market
5
Closed Rentals (30 Days)
$7,124/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| Studio | Limited data | Limited data | Limited data |
| 1 BR | Limited data | Limited data | Limited data |
| 2 BR | Limited data | Limited data | Limited data |
| 3+ BR | Limited data | Limited data | Limited data |
Recent Transactions
|
215 E 19TH Street #6B, Apt 6B | $18,000/mo | 2 BR | Jun 9, 2026 |
|
304 E 20th Street #4G, Apt 4G | $3,800/mo | Studio | Jun 8, 2026 |
|
290 3rd Avenue #7E, Apt 7E | $5,200/mo | Studio | Jun 1, 2026 |
|
340 E 23rd Street #4M, Apt 4M | $10,000/mo | 3 BR | May 30, 2026 |
|
290 3rd Avenue #31A, Apt 31A | $7,124/mo | 1 BR | May 24, 2026 |
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Active Listings in Gramercy Park
View All
$5,995,000
214 E 17TH Street
8 beds
7 baths
5,376 sqft
Multi Family
$785,000
1 RUTHERFORD Place #5R
Studio
1 bath
Co-op
$725,000
157 E 18TH Street #4A
1 bed
1 bath
Co-op
$1,295,000
1 Irving Place #V-7C
1 bed
1 bath
680 sqft
Condo
$1,525,000
350 E 18TH Street #9C
1 bed
1 bath
660 sqft
Condo
$3,350,000
350 E 18TH Street #12B
2 beds
3 baths
1,324 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.