The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$24,500,000
18 Gramercy Park S Apt 17
New York, NY, 10003
View more New York, NY property pages5Beds
6Baths
6,329Sqft
$3871$/sqft
Market Insights
Above nearby median+30%
$3871/sqft vs a nearby median of $2979/sqft.
Nearby median$2979/sqft
Nearby properties9
Property size6,329 sqft
- +30% versus the nearby median price per square foot.
- 2 price records are available for this property.
- 6,329 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$20M$18M – $22M · 50% confidence
vs ask $25M+$4.33M (+17.7%)
Asking price is about 17.7% above where comps + adjustments land — there is room to negotiate.
$2,979/sqft median across 9 tight comps × 6,329 sqft= $19M
- Transit access+$471k +2.5%
- Pre-war character+$471k +2.5%
- High-density walkability+$377k +2.0%
Cumulative NYC adjustments+$1.32M+7.0%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
Recorded price cuts can create room for negotiation, but the latest ask still needs to be compared against true comps.
Diligence Read2 items to check
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Listing Details
- Days on market
- 43 days
- Last price change
- Down $3,500,000 (13%)
- Listed
- Mar 30, 2026
- Photos
- 37 photos
- Property type
- condos
- Status
- for sale
Photos
Building Facts
- Year built
- 1927
- Stories
- 19
- Total units
- 16
- Residential units
- 16
- Building area
- 1.59 ac
- Lot size
- 5,360 sqft
- Land use
- Multi-family elevator buildings
- Building class
- R4
From NYC public records where available.
Price History
May 7, 2026diff
$24,500,000for sale
May 4, 2026Initial record
$28,000,000for sale
Public Records
DOB violations0 open
42 total recorded against the building
HPD violations1 open
2 total recorded
ACRIS documents1
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)26,944
Top: encampment
Top complaint types in ZIP 10003
- Encampment4,310
- HEAT/HOT WATER1,993
- Noise - Residential1,903
- Illegal Parking1,877
- For Hire Vehicle Complaint1,497
Recent DOB
- Feb 25, 2020V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
- Feb 25, 2020V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
- Feb 25, 2020V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
- May 20, 2019V*-DOB VIOLATION - DISMISSED · EVCAT5-NON-RESIDENTIAL ELEVATOR PERIODIC INSPECTION/TEST ELEVATORREQUIRED
Recent HPD
- Oct 25, 2016Class I · SECTION27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE ?27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PRO...
- Aug 8, 2013Class B · SECTION 27-2040 ADM CODE PROVIDE ADEQUATE LIGHTING AT OR NEAR THE OUTSIDE OF THE FRONT ENTRANCEWAY OF THE BUILDING AND KEEP SAME BURNING FROM SUNSET EVERY DAY TO SUNRISE ON THE ...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.