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for saleRealtyLens property overview
$5,555,000
18 Gramercy Park S Unit M1
New York, NY, 10010
View more New York, NY property pages2Beds
3.5Baths
3,750Sqft
$1481$/sqft
Market Insights
Below nearby median-42%
$1481/sqft vs a nearby median of $2554/sqft.
Nearby median$2554/sqft
Nearby properties12
Property size3,750 sqft
- -42% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 3,750 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$9.99M$9.12M – $11M · 53% confidence
vs ask $5.55M−$4.43M (−79.8%)
Asking price is about 79.8% below the fair value — likely to draw competing offers if it's still on market.
$2,561/sqft median across 10 tight comps × 3,750 sqft= $9.60M
- Days-on-market gravity−$288k −3.0%
- Transit access+$240k +2.5%
- Pre-war character+$240k +2.5%
- High-density walkability+$192k +2.0%
Cumulative NYC adjustments+$384k+4.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
Diligence Read2 items to check
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 295 days
- Last price change
- No change recorded
- Listed
- Jul 21, 2025
- Photos
- 24 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 4, 2026Initial record
$5,555,000for 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)11,117
Top: encampment
Top complaint types in ZIP 10010
- Encampment2,186
- HEAT/HOT WATER707
- Homeless Person Assistance676
- Noise - Residential616
- Noise607
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.