RealtyLens
for saleRealtyLens property overview
$27,500,000

11 Gramercy Park S Unit Th

New York, NY, 10003
View more New York, NY property pages
9Beds
7.5Baths
12,250Sqft
$2245$/sqft

Listing Notes

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 roomoriginally designed as a staff room and later utilized as a private home gymoffering 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.

Market Insights

Below nearby median-35%

$2245/sqft vs a nearby median of $3425/sqft.

Nearby median$3425/sqft
Nearby properties6
Property size12,250 sqft
  • -35% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 12,250 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$43M$39M$47M · 50% confidence
vs ask $28M−$16M (−57.1%)

Asking price is about 57.1% below the fair value — likely to draw competing offers if it's still on market.

$3,425/sqft median across 6 tight comps × 12,250 sqft= $42M
  • Days-on-market gravity−$1.26M −3.0%
  • Transit access+$1.05M +2.5%
  • Pre-war character+$1.05M +2.5%
  • High-density walkability+$839k +2.0%
  • Virtually staged−$420k −1.0%
Cumulative NYC adjustments+$1.26M+3.0%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-35% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read4 items to check
AI ReadinessReady to analyze
Assistant read

Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.

Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
208 days
Last price change
No change recorded
Listed
Oct 16, 2025
Photos
37 photos
Property type
townhomes
Status
for sale

Features & Amenities

City ViewOutdoor SpaceDining RoomFireplaceHardwood FloorsPets AllowedViewWasher DryerTwo Or More StoriesModern KitchenHigh CeilingFloor PlanStunning ViewsViewsChefs KitchenWalk In ClosetDenGreat Room

Photos

Building Facts

Year built
1856
Stories
4
Total units
3
Residential units
3
Building area
11,610 sqft
Lot size
3,153 sqft
Land use
Multi-family walk-up buildings
Building class
C0

From NYC public records where available.

Price History

May 4, 2026Initial record
$27,500,000for sale

Public Records

DOB violations0 open

0 total recorded against the building

HPD violations0 open

19 total recorded

ACRIS documents142

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 HPD

  • Sep 6, 2024Class B · § 185, 240 M/D LAW PROPERLY FIRE RETARD IN ACCORDANCE WITH THE RULES AND REGULATIONS OF THIS DEPARTMENT THE CELLAR CEILING AT CELLAR
  • Apr 29, 2024Class B · § 27-2050 ADM CODE SEAL IN OPEN POSITION THE O.S.Y. VALVE OF THE SPRINKLER SYSTEM IN ACCORDANCE WITH THE RULES AND REGULATIONS OF THIS DEPARTMENT 2 O.S.Y VALVES AT CELLAR
  • Apr 29, 2024Class C · § 27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE HINGES IN THE ENTRA...
  • Apr 29, 2024Class C · § 27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE HINGES IN THE ENTRA...

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.