Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
11 Gramercy Park S #TH
Interested in this property?
Active For Sale Multi Family

$27,500,000

$2,245 per sq ft

11 Gramercy Park S #TH

Gramercy Park, Manhattan

MLS® #RLS20054980

RLS at REBNY

Listing by Modlin Group LLC

9

Bedrooms

7.5

Baths

12,250

Sq. Ft.

1856

Year Built

Quick Summary

Bedrooms 9
Bathrooms 8 full, 1 half
Living Area 12,250 sq ft
Lot Size 3,153 sq ft
Year Built 1856
Ownership None
Property Taxes $87,309/yr
Neighborhood Gramercy Park

Property Highlights

  • Views: City, Park Greenbelt, Trees Woods
  • Exposure: North,South facing
  • Fireplace: 7 fireplaces

Property Details

Type Multi Family
Ownership None
Total Rooms 19
Baths 7 Full, 1 Half
View City, Park Greenbelt, Trees Woods
Exposure North,South
Pets Yes
Year Built 1856
Living Area 12,250 sq ft
Structure Type House,Townhouse
Lot Size 3,153 sq ft
Parcel # 0875-0075
Block/Lot 00875/0075

Listing History

Event Date Price Change
Listed Oct 16, 2025 $29,500,000 -
Currently May 7, 2026 $27,500,000 -6.8%

Description

11 Gramercy Park South SINGLE FAMILY PROPOSED FLOORPLAN INCLUDED. Built in 1885 and embodying the style and sophistication the neighborhood is known for, the townhouse at 11 Gramercy Park South is a five-story, 27-foot-wide mansion. Currently housing three residences, its placement on the market represents a unique opportunity to create a truly exceptional single-family home of palatial proportions. As part of the exclusive Gramercy Park Trustees, 11 Gramercy Park South includes a set of coveted keys, granting access to one of Manhattan’s most distinguished and historic green spaces. Residence One Residence One is a triplex boasting stunning park views, expansive entertaining spaces, and three large bedrooms. Residence One includes the garden level, parlor level, and the private quarters: I. Garden Level Opening onto a private patio and garden, the expansive eat-in chef’s kitchen is equipped with a suite of appliances by Viking, Sub-Zero, and Miele, as well as an abundance of storage space. Adjacent to the kitchen are staff quarters, including a full bathroom and a laundry room with washer and dryer, rounding out the garden level. Just beyond the laundry area is a small back room—originally designed as a staff room and later utilized as a private home gym—offering additional flexibility and function to the space. II. Parlor Level The grand staircase ushers you to the parlor level, featuring stunning 14-foot ceiling heights. Wrapped in Louis XIV wood paneling with gorgeous inlaid wood flooring, the breathtaking living room boasts an original wood-burning fireplace and floor-to-ceiling windows overlooking the park. The dramatic dining room offers another wood-burning fireplace, an adjacent butler’s pantry, and garden views through exquisite French doors. III. Private Quarters Occupying the third floor and overlooking the park, the primary suite features a separate sitting room, an expansive dressing room/walk-in closet, and a sumptuous primary bath with dual sinks, a separate soaking tub, and a stall shower. Two additional bedrooms with garden views and ample closet space share a full bathroom, completing the third floor. Residences Two & Three Accessed via an internal staircase, these beautifully restored duplexes sit opposite one another on the top two floors of the townhouse. Each residence features three bedrooms, original 100-year-old hardwood floors, and an active wood-burning fireplace. The front apartment offers three bedrooms and two-and-a-half bathrooms, while the rear apartment provides three bedrooms and two full bathrooms. The first floor boasts a grandly scaled living/dining room with oversized windows, original crown moldings, and soaring 11-foot ceilings. Bright and modern, the kitchen overlooks the great room and is appointed with a suite of stainless-steel appliances, beautiful marble subway tiling, and a breakfast bar that comfortably seats four.

Features & Amenities

Interior Features

Common Area Laundry Room Fireplace (7)

Exterior Features

Building Garden Garden

Building Information

Building Data View Compliance & Permits
Total Units 3
Stories 5
Structure House,Townhouse

Financial Details

RE Taxes $87,309/yr ($7,276/mo)
Original Price $29,500,000
Previous Price $29,500,000

Gramercy Park is one of New York City’s most storied and architecturally distinctive neighborhoods, centered around the only private park in Manhattan. The area exudes old-world charm with its gas-lit streets and impeccably preserved 19th-century architecture. While the park itself is private, the surrounding real estate offers a mix of historic brownstones, elegant pre-war cooperatives, and boutique new developments that cater to those seeking a low-traffic urban retreat.

Gramercy Park Live Market Data

View Neighborhood

Active Listings

162

Median Asking Price

$1.45M

Median $/Sqft

$1,814

Avg Days on Market

N/A

New This Week

10

Price Reduced

25%

Sold (30 Days)

22

Median Sale Price

$1.25M

Live data from RLS at REBNY • Updated 5/7/26, 10:37 AM EST

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Location

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11 Gramercy Park S #TH, Gramercy Park, New York County

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1856
Year Built
170 years old
4
Floors
3
Residential Units
R7B
Zoning District
Walk-Up Apartments Historic District: Gramercy Park Historic District

Tax & Assessment

Assessed Value: $1,413,120
Land Value: $464,400
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 3,153 SF
Building Area: 11,610 SF
Built FAR: 3.68
Allowed FAR: 3

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $87,309, or roughly $7,276 per month. Verify the current assessment with your attorney before closing.

This property has 9 bedrooms and 7 full bathrooms and 1 half bathroom.

The listed interior living area is 12,250 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1856, making it approximately 170 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $27,500,000 for 12,250 sq ft, the asking price per square foot is approximately $2,245. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20054980
First Listed: 10/16/2025
On Market: 10/16/2025
Price Changed: 4/13/2026
Contract Date: 10/7/2025

Listing Courtesy of Modlin Group LLC - Adam D Modlin

Listing Contact: (212) 974-0740

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/7/2026 at 2:37 PM UTC

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