For Sale · Listing by Compass
11 Gramercy Park S
Gramercy Park, Manhattan
$24,800,000
11 Gramercy Park S
MLS® #RLS20098057
Listing by Compass
- 9
- Bedrooms
- 7.5
- Baths
- 12,250
- Sq. Ft.
- 1900
- Year Built
Quick Summary
Property Highlights
- Views: City, See Remarks
- Exposure: North,South facing
- Outdoor Space: Patio
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Sep 14, 2026 | $24,800,000 | - |
| Currently | Sep 14, 2026 | $24,800,000 | - |
Description
11 Gramercy Park South presents a rare opportunity to acquire one of the neighborhood’s grand historic townhouses with the flexibility to create a truly exceptional single-family residence. Spanning five stories and approximately 27 feet wide, the home occupies a coveted position directly on Gramercy Park and includes the rare privilege of access to the private park through the coveted Gramercy Park keys. Currently configured as three residences, the property offers remarkable scale and versatility for a purchaser seeking to create a substantial single-family mansion. Rich architectural details remain throughout, including soaring ceiling heights, original wood-burning fireplaces, restored hardwood floors, grand proportions, and oversized windows overlooking both Gramercy Park and private garden exposures. The existing owner’s triplex spans the garden, parlor, and third floors, offering a compelling foundation for a future primary residence. The parlor level is particularly impressive, featuring approximately 14-foot ceilings, dramatic entertaining rooms, original wood-burning fireplaces, and direct park views. Below, the garden level is anchored by an expansive eat-in chef’s kitchen opening to a private patio and garden, creating a seamless connection between indoor and outdoor living. Above, the upper floors are currently configured as two beautifully restored duplex residences, each offering generous living spaces, multiple bedrooms, and original architectural character. Combined, these floors present an extraordinary opportunity to expand the home into a residence of significant scale while preserving the flexibility of the current configuration. Opportunities to acquire a townhouse of this width, scale, and provenance on Gramercy Park are exceedingly rare. Whether maintained as an income-producing property, occupied as a multi-generational residence, or transformed into one of Manhattan’s great private homes, 11 Gramercy Park South represents a truly unique offering in one of New York City’s most storied enclaves.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About Gramercy Park
View All Gramercy Park ListingsGramercy 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 surrounding real estate offers a mix of historic brownstones, elegant pre-war cooperatives, and boutique new developments that cater to those seeking a low-traffic urban retreat.
Gramercy Park Live Market Data
View NeighborhoodActive Listings
121
Median Asking Price
$1.45M
Median $/Sqft
$1,773
Avg Days on Market
N/A
New This Week
23
Price Reduced
23%
Sold (30 Days)
32
Median Sale Price
$1.32M
Live data from RLS at REBNY • Updated 9/14/26, 1:12 PM EST
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Location
11 Gramercy Park S, Gramercy Park, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $0 per month. Confirm the exact amount with Milton Coste before making an offer.
The current listed annual property tax is $86,268, or roughly $7,189 per month. Verify the current assessment with your attorney before closing.
This property has 9 bedrooms and 7 full bathrooms and 1 half bathroom.
The listed interior living area is 12,250 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1900, making it approximately 126 years old.
This listing is None
Pet policy requires confirmation with Milton Coste.
At the current list price of $24,800,000 for 12,250 sq ft, the asking price per square foot is approximately $2,024. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Compass - Clayton Thomas Orrigo
Listing Contact: (212) 960-3306
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.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 9/14/2026 at 5:12 PM UTC
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Gramercy Park Market Update
32 sales last 30 days · $1.45M median · 3.8 months supply
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Quick Facts
Monthly Costs Estimate
$4,960,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Mansion tax applies at this price point
New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $20M to $24,999,999 at 3.75%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$930,000
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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