Gramercy Park recorded 19 closed sales in the last 30 days at a median close price of $1.44M. Active inventory stands at 121 listings with a median asking price of $1.59M ($1,632/sqft). Condos dominate at 46% of inventory. 28.9% price reductions among active listings. 8 new listings hit the market this week, while 87 properties are under contract. At current absorption rates, Gramercy Park has approximately 6.4 months of supply, making it a buyer's market. As a Gramercy Park specialist with over 25 years of experience, I track these numbers daily to give my clients a competitive edge. If you are considering buying or selling in Gramercy Park, call me at (917) 416-7433 for a personalized market analysis.
Gramercy Park Market Report November 2026: $1.59M Median
Milton Coste
Live from REBNY/RLS
October 31, 2026
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
121
Active Listings
$1.59M
Median Asking
19
Sold (30 Days)
6.4
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 121 |
| Pending Sales | 87 |
| Median Asking Price | $1.59M |
| Median Price/Sqft | $1,632 |
| Avg Days on Market | N/A |
| New This Week | 8 |
| Price Reduced | 35 (28.9%) |
| Sold (Last 30 Days) | 19 |
| Sold (Last 90 Days) | 83 |
| Median Sale Price (90d) | $1.44M |
| Sale-to-List Ratio | 99.9% |
| Months of Supply | 6.4 (buyer's market) |
Property Mix
Condo 46% (56)
Co-op 42% (51)
Condop 2% (2)
Recent Transactions
|
13 Gramercy Park S #4, Apt 4 | $5,000,000 | 3 BR | Oct 29, 2026 |
|
350 E 18TH Street #9C, Apt 9C | $1,500,000 | 1 BR | Oct 29, 2026 |
|
350 E 18TH Street #6A, Apt 6A | $2,700,000 | 2 BR | Oct 29, 2026 |
|
201 E 23rd Street #5E, Apt 5E | $2,120,000 | 2 BR | Oct 26, 2026 |
|
200 E 16TH Street #8DE, Apt 8DE | $1,440,000 | 2 BR | Oct 27, 2026 |
|
121 E 22nd Street #S603, Apt S603 | $3,197,000 | 2 BR | Oct 24, 2026 |
|
157 E 18th Street #4A, Apt 4A | $685,000 | 1 BR | Oct 9, 2026 |
|
207 E 21st Street #5C, Apt 5C | $425,000 | 1 BR | Oct 16, 2026 |
|
50 GRAMERCY Park N #3B, Apt 3B | $4,225,000 | 2 BR | Oct 13, 2026 |
|
350 E 18TH Street #8C, Apt 8C | $1,475,000 | 1 BR | Oct 27, 2026 |
|
201 E 17TH Street #31A, Apt 31A | $995,000 | 1 BR | Oct 21, 2026 |
|
350 E 18TH Street #5C, Apt 5C | $1,475,000 | 1 BR | Oct 22, 2026 |
|
1 Irving Place #G7A, Apt G7A | $850,000 | Studio | Oct 19, 2026 |
|
340 E 23RD Street #PH1F, Apt PH1F | $1,645,000 | 2 BR | Oct 15, 2026 |
|
214 E 17TH Street | $5,150,000 | 8 BR | Oct 14, 2026 |
|
350 E 18TH Street #9B, Apt 9B | $1,560,000 | 1 BR | Oct 8, 2026 |
|
205 3RD Avenue #20C, Apt 20C | $975,000 | 1 BR | Oct 8, 2026 |
|
200 E 20TH Street #PHA, Apt PHA | $7,220,000 | 3 BR | Oct 7, 2026 |
|
200 E 16TH Street #14H, Apt 14H | $950,000 | 1 BR | Oct 7, 2026 |
Rental Market
3
Closed Rentals (30 Days)
$6,875/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| 1 BR | Limited data | Limited data | Limited data |
| 2 BR | Limited data | Limited data | Limited data |
Based on 3 transactions. Limited volume may result in atypical metrics.
Recent Transactions
|
279 1ST Avenue #4, Apt 4 | $4,200/mo | 2 BR | Oct 13, 2026 |
|
290 3rd Avenue #22B, Apt 22B | $7,400/mo | 1 BR | Oct 6, 2026 |
|
290 3rd Avenue #7A, Apt 7A | $6,875/mo | 1 BR | Oct 6, 2026 |
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Active Listings in Gramercy Park
View All
$1,800,000
305 2nd Avenue #328
2 beds
2 baths
1,180 sqft
Triplex
$1,295,000
340 E 23rd Street #3D
2 beds
2 baths
1,082 sqft
Condo
$895,000
201 E 17th Street #17A
1 bed
1 bath
Co-op
$1,650,000
305 2nd Avenue #312
1 bed
2 baths
1,206 sqft
Condo
$1,280,000
305 2nd Avenue #709
1 bed
1 bath
823 sqft
Condo
$575,000
333 E 14th Street #15M
Studio
1 bath
Co-op
Data provided by the RLS at REBNY
This 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.