Gramercy Park recorded 17 closed sales in the last 30 days at a median close price of $1.32M. Active inventory stands at 131 listings with a median asking price of $1.50M ($1,703/sqft). Condos dominate at 46% of inventory. 26.7% price reductions among active listings. 5 new listings hit the market this week, while 87 properties are under contract. At current absorption rates, Gramercy Park has approximately 7.7 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 March 2026: $1.50M Median
Milton Coste
Live from REBNY/RLS
October 15, 2026
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
131
Active Listings
$1.50M
Median Asking
17
Sold (30 Days)
7.7
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 131 |
| Pending Sales | 87 |
| Median Asking Price | $1.50M |
| Median Price/Sqft | $1,703 |
| Avg Days on Market | N/A |
| New This Week | 5 |
| Price Reduced | 35 (26.7%) |
| Sold (Last 30 Days) | 17 |
| Sold (Last 90 Days) | 85 |
| Median Sale Price (90d) | $1.32M |
| Sale-to-List Ratio | 99.8% |
| Months of Supply | 7.7 (buyer's market) |
Property Mix
Condo 46% (60)
Co-op 44% (57)
Condop 2% (2)
Recent Transactions
|
50 GRAMERCY Park N #3B, Apt 3B | $4,225,000 | 2 BR | Oct 13, 2026 |
|
201 E 23rd Street #4B, Apt 4B | $2,275,000 | 2 BR | Oct 1, 2026 |
|
214 E 17TH Street | $5,150,000 | 8 BR | Oct 14, 2026 |
|
7 LEXINGTON Avenue #2CD, Apt 2CD | $2,450,000 | 2 BR | Sep 23, 2026 |
|
201 E 21st Street #11H, Apt 11H | $613,000 | 1 BR | Sep 21, 2026 |
|
32 Gramercy Park S #8BD, Apt 8BD | $2,800,000 | 3 BR | Sep 18, 2026 |
|
157 E 18th Street #4A, Apt 4A | $685,000 | 1 BR | Oct 9, 2026 |
|
350 E 18TH Street #9B, Apt 9B | $1,560,000 | 1 BR | Oct 8, 2026 |
|
205 3RD Avenue #20C, Apt 20C | $975,000 | 1 BR | Oct 8, 2026 |
|
200 E 20TH Street #PHA, Apt PHA | $7,220,000 | 3 BR | Oct 7, 2026 |
|
200 E 16TH Street #14H, Apt 14H | $950,000 | 1 BR | Oct 7, 2026 |
|
48 GRAMERCY Park N #4B, Apt 4B | $950,000 | 1 BR | Oct 2, 2026 |
|
130 E 18TH Street #1S, Apt 1S | $740,000 | 1 BR | Sep 29, 2026 |
|
201 E 21ST Street #7B, Apt 7B | $950,000 | 1 BR | Oct 1, 2026 |
|
201 E 17th Street #22G, Apt 22G | $999,000 | 2 BR | Oct 1, 2026 |
|
201 E 23rd Street #6E, Apt 6E | $2,150,000 | 2 BR | Oct 1, 2026 |
|
242 E 19TH Street #3C, Apt 3C | $1,195,000 | 1 BR | Sep 30, 2026 |
Rental Market
8
Closed Rentals (30 Days)
$6,863/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| Studio | Limited data | Limited data | Limited data |
| 1 BR | 4 | $7,138/mo | $6,850 - $8,350 |
| 2 BR | Limited data | Limited data | Limited data |
Recent Transactions
|
279 1ST Avenue #4, Apt 4 | $4,200/mo | 2 BR | Oct 13, 2026 |
|
290 3rd Avenue #22B, Apt 22B | $7,400/mo | 1 BR | Oct 6, 2026 |
|
290 3rd Avenue #7A, Apt 7A | $6,875/mo | 1 BR | Oct 6, 2026 |
|
290 3rd Avenue #11E, Apt 11E | $5,250/mo | Studio | Sep 29, 2026 |
|
200 E 20TH Street #9A, Apt 9A | $8,350/mo | 1 BR | Sep 25, 2026 |
|
290 3rd Avenue #7B, Apt 7B | $6,850/mo | 1 BR | Sep 23, 2026 |
|
290 3rd Avenue #27A, Apt 27A | $7,500/mo | 2 BR | Sep 23, 2026 |
|
304 E 20th Street #6E, Apt 6E | $3,900/mo | Studio | Sep 17, 2026 |
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Active Listings in Gramercy Park
View All
$1,295,000
340 E 23rd Street #3D
2 beds
2 baths
1,082 sqft
Condo
$799,000
215 E 17TH Street #2
1 bed
1 bath
Co-op
$4,375,000
350 E 18TH Street #PHB
3 beds
4 baths
1,762 sqft
Condo
$1,450,000
350 E 18TH Street #6C
1 bed
1 bath
660 sqft
Condo
$2,495,000
350 E 18TH Street #5
2 beds
2 baths
1,230 sqft
Condo
$1,525,000
350 E 18TH Street #9E
1 bed
1 bath
723 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.