Manhattan · New York, NY
122 active listings · Median $1.4M · 71 days on market
Gramercy Park has 4.2 months of supply (how long today's 138 listings would last at the 6-month pace of about 33 sales a month if nothing new came on the market), and homes sold at about 98% of their original asking price over the past 6 months (RLS/REBNY closed and active listings).
· Closed sales April 2, 2026 to October 2, 2026; listings active on October 2, 2026.
Gramercy Park has 4.2 months of supply (how long today's 138 listings would last at the 6-month pace of about 33 sales a month if nothing new came on the market), and homes sold at about 98% of their original asking price over the past 6 months (RLS/REBNY closed and active listings).
Absorption: about 24% of listings sell in a typical month.
| Apartment type | For sale now | Sold per month | Months of supplyhow long listings would last | Sold vs. original asksale price ÷ first asking price | Median days, listing to closingincludes contract-to-closing time |
|---|---|---|---|---|---|
| 1-bedroom condopShorter supply than the neighborhood | 0 | 3.5 | 0 | 99% | 385 |
| 2-bedroom condopShorter supply than the neighborhood | 2 | 2.2 | 0.9 | 100% | 358 |
| 2-bedroom co-opShorter supply than the neighborhood | 7 | 3 | 2.3 | 97% | 166 |
| 1-bedroom co-opIn line with the neighborhood | 29 | 7.5 | 3.9 | 98% | 145 |
| 3-bedroom co-opIn line with the neighborhood | 4 | 1 | 4 | 97% | 160 |
| Studio co-opIn line with the neighborhood | 16 | 3.5 | 4.6 | 94% | 175 |
| 2-bedroom condoIn line with the neighborhood | 18 | 3.5 | 5.1 | 99% | 138 |
| 1-bedroom condoIn line with the neighborhood | 29 | 4.8 | 6 | 100% | 105 |
| 3-bedroom condoLonger supply than the neighborhood | 11 | 1.2 | 9.4 | 96% | 241 |
Only apartment types with at least 6 recorded sales in the period are shown. Off-market and owner-sold homes are not in RLS data.
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Get the numbers for your apartment typeHow long it would take to sell every home now listed if sales kept their recent pace and no new listings came on. A lower number means buyers have fewer homes to choose from.
The share of listed homes that sell in a typical month. An absorption rate of 25% means about one in four listings sells each month; it is the same measure as months of supply, turned around.
The price a home was listed at when it first came on the market, before any price cuts. Comparing the sale price with it shows how much room buyers negotiated.
Listing and sales data courtesy of the Real Estate Board of New York Residential Listing Service (RLS). Deemed reliable but not guaranteed.
A condo-dominant submarket with strong rent growth, sale values below the 5-year high, and sale listings sitting longer than a year ago.
Median asking rent in Gramercy Park is $5,495/month, $200 below the 5-year high set in Jul 2025. Rents are up +5.8% year over year and +37.7% over the past 5 years. Median sale price is $1.39M. Sale prices are up +40.1% year over year. Sale listings are clearing 31 days faster than at this point last year.
Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.
Sale figures: RLS/REBNY closed and active listings, April 2, 2026 to October 2, 2026. Rents: StreetEasy market data, through Sep 2026.
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 s...
In my 25+ years selling real estate across New York City, I use this Gramercy Park data in real negotiations, not just for a web page.
| Borough | Manhattan |
| Zip Code | 10010 |
| Subway | Bus service |
| Building Types | Pre-war buildings, Co-ops, Townhouses/Brownstones |
Stations: Bus service available
Midtown: 22 min (B express from 34 St-Herald Sq)
| School | Grades | Dist |
|---|---|---|
| P.S. 034 Franklin D. Roosevelt | PK-5 | 0.82 mi |
| The STAR Academy - P.S.63 | PK-5 | 0.87 mi |
| P.S. 015 Roberto Clemente | PK-5 | 1.00 mi |
| NYC Lab School for Collaborative Studies | 6-12 | 0.88 mi |
| East Side Community High School | 9-12 | 0.62 mi |
| NYC Lab School for Collaborative Studies | 6-12 | 0.88 mi |
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
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Gramercy Park housing is 19th-century brownstones and townhouses, pre-war cooperatives and boutique new developments around the private park and its gas-lit streets. Buyers weigh park key access and the landmark district rules. Co-op sellers should have the board package and building financials ready; townhouse sellers, the certificate of occupancy and any open DOB items; condo sellers, the offering plan amendments and common-charge history.
Built on your building's comparable sales, not a portal estimate.
Seven questions, plus a 2-to-4 family mode with your rent roll.
Commission, transfer taxes, flip tax and payoff, line by line.
Open HPD and DOB items, registration and lien status for 1-to-4 family owners.
With the address I can look at what sold in your building and on your block. If you would rather not give it yet, the email alone is enough.
Calculating market narrative...
| Inventory & Activity | |
| Active Listings | 138 |
| Pending Sales | 89 |
| New This Week | 2 |
| New This Month | 26 |
| Avg DOM | 71 days |
| Price Cut Rate | 30.9% |
| Recent Sales | |
| Sold Last 30 Days | 20 |
| Sold Last 90 Days | 90 |
| Sold vs. Original Ask | 97.8% |
| Asking Prices | |
| Median Asking | $1,390,000 |
| Average Asking | $3,063,044 |
| Median $/SqFt | $1,637 |
| Median Condo Ask | $1,775,000 |
| Median Co-op Ask | $850,000 |
Based on active listings in Gramercy Park
| Type | Active Listings | Median Price | Price Range |
|---|---|---|---|
| Studio | 15 | $575,000 | $399K - $5.25M |
| 1 Bedroom | 48 | $992,500 | $425K - $3.06M |
| 2 Bedrooms | 24 | $1,945,000 | $799K - $3.80M |
| 3+ Bedrooms | 35 | $5,995,000 | $1.50M - $24.50M |
View active listings by size:
Properties in Gramercy Park
REBNY/RLS Disclaimer: Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is refreshed every 15 minutes per REBNY IDX requirements.
Experience across NYC
NYC transactions
Active in Manhattan
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For Gramercy Park buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
Milton helped me purchase my first Manhattan condo, and I can't recommend him highly enough. What could have been a stressful process ended up feeling remarkably smooth. From the initial offer through closing, Milton was responsive, knowledgeable, and always willing to take the time to answer questions and explain the details. I always felt informed and supported, but never pressured. If you're looking for a broker who is knowledgeable, trustworthy, responsive, and genuinely invested in helping his clients succeed, I would absolutely recommend Milton.
Milton was extremely helpful in finding my dream place. He was quick, friendly, and extremely responsive. He made the process so easy for me that it really took a weight off my shoulders. He took his time to work with my schedule and make sure I felt comfortable in my new place. I am really thankful. Highly recommend.
Quarterly report
Manhattan Market Report, 3Q 2026
$1,275,000 median sale price. Download the full report
Manhattan has 6.5 months of supply and Brooklyn 5.1 as of October 2, 2026. Live RLS data by borough and for 15 neighborhoods, by apartment type.
On a $1M NYC purchase: co-ops run $20K-$30K, condos $38K-$42K, new dev $60K+. See every fee, who pays, and 5 ways to cut your bill.
Co-ops make up nearly 70% of NYC housing stock but require board approval. Condos cost more but offer flexibility. Here's how to decide.
Pre-approval gives you a 20-30% edge in NYC bidding wars. Here's what lenders need and how to set your budget ceiling.
Roughly 1 in 8 co-op board applications gets rejected. Here's how to prepare your package and ace the interview.
Sale listings that came on the market in the last 7 days.
Homes in Gramercy Park take a median 71 days to go into contract. Source: RLS/REBNY closed and active listings, April 2, 2026 to October 2, 2026.
211 E 18th Street #3M
Gramercy Park
Priced below the neighborhood 1-bedroom co-op median of $992,500.
60 Gramercy Park N #9K
Gramercy Park
Priced below the neighborhood 2-bedroom co-op median of $1,945,000.
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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.
The median sale price in Gramercy Park is $1.4M. Condos sit at a median of $1.8M and co-ops at $850K. Sale prices are up 40.1% year over year.
Sale listings in Gramercy Park have a median of 71 days on market (the time from listing to a signed contract, per StreetEasy). That is 31 days faster than the same point a year ago. Roughly 30.9% of active listings have recorded a price cut, suggesting some negotiating room.
Gramercy Park is broadly balanced right now, with median days on market at 71 days and 30.9% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.
Gramercy Park offers both co-ops and condos. Condos are the higher-priced segment at a $1.8M median, with co-ops at $850K.
Roughly 33 homes change hands each month in Gramercy Park across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.
The overall median asking rent in Gramercy Park is $5,495/month. Live RLS listings show studios at $4,400, 1-bedrooms at $7,000, 2-bedrooms at $18,400, 3+ bedrooms at $22,000 per month. Rents are up 5.8% year over year.
Median asking rent in Gramercy Park is currently $200 below the 5-year high set in July 2025. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.
Median asking rent in Gramercy Park has risen 37.7% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.
Within walking or short-transit distance of Gramercy Park, median sale prices range across Midtown South at $2.9M, Flatiron at $1.7M, East Village at $1.1M, Stuyvesant Town/PCV at $600K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
Gramercy Park is served by the Bus service. The commute to Midtown Manhattan runs roughly 22 minutes from 34 St-Herald Sq.
Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Gramercy Park, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: [email protected].
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Licensed Real Estate Associate Broker
Keller Williams NYC · NY #10301213304
25+ years of experience and 1,100+ transactions across NYC. Whether you are buying, selling, or leasing in Gramercy Park, I will guide you every step of the way.
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