--- title: "11 Gramercy Park, New York City, NY 10003" description: "11 Gramercy Park, New York City, NY 10003 — Townhouse in Gramercy Park, Manhattan, NY. Listing Price $24,800,000. 9 bed, 8 bath, 12,250 sqft Illustrative Buyer Commission Share of $372,000 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/11-gramercy-park-ny-10003" source: "Real Estate Rebate Team" dateModified: "2026-09-14T17:49:04.483Z" status: "Active" --- # 11 Gramercy Park, New York City, NY 10003 Townhouse in Gramercy Park, Manhattan, NY Courtesy of Compass Last updated: September 14, 2026, 1:49 PM ## At a Glance - **Listing Price**: $24,800,000 - **Beds**: 9 - **Total Baths**: 8 - **Sqft**: 12,250 - **Monthly Taxes**: $7,189 / mo - **Price per Sqft**: $2,024 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $24,800,000 - **Illustrative Buyer Commission Share**: -$372,000* - **Illustrative Net Cost**: $24,428,000 *Illustrative Buyer Savings of $372,000 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![11 Gramercy Park, New York City, NY 10003 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f3509b32-2f51-425d-b679-e1c88c69d970.png) ![11 Gramercy Park, New York City, NY 10003 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/18dccaab-2778-4c52-b4f3-56a30688d697.jpg) ![11 Gramercy Park, New York City, NY 10003 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cf32633f-797a-48cc-9e65-72e2529e410b.jpg) ![11 Gramercy Park, New York City, NY 10003 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/18ba6256-f6bc-4fe0-8ba1-4242e8b1bb8f.png) ![11 Gramercy Park, New York City, NY 10003 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b0522ecb-eee0-48f0-b1f0-f7de1dda707f.png) ![11 Gramercy Park, New York City, NY 10003 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a2d6973d-746d-4865-ab20-55bc89d791da.png) ![11 Gramercy Park, New York City, NY 10003 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9b254c1d-9270-4850-807d-84637252fd04.jpg) ![11 Gramercy Park, New York City, NY 10003 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8ef43e7e-0aba-4ebc-886b-ed61b4be7def.jpg) ![11 Gramercy Park, New York City, NY 10003 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3202cd67-5503-47e5-8702-942c66d6eba2.jpg) ![11 Gramercy Park, New York City, NY 10003 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7e909e92-b4db-4ef1-a54f-aa9e973d4087.jpg) ## Property Overview 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. ## Property Details - **Property Type**: Multi Family - **Beds**: 9 - **Total Baths**: 8 - **Rooms**: 19 - **Sqft**: 12,250 sqft - **Stories**: 5 - **Year Built**: 1900 - **Price per Sqft**: $2,024 - **Monthly Taxes**: $7,189 / mo - **Listed On**: Sep 14, 2026 - **Days on Market**: 1 Days ### Residence Features - Common On Floor - Common Area - Building Garden - Private Outdoor Space Over 60 Sqft - Breakfast Bar - Pantry - Soaking Tub - Dryer - Washer - Hardwood - Security System - City - See Remarks ### Building Amenities - Clubhouse ## Sales Evidence ### How this price compares The median closed price for comparable house sales in Gramercy Park is $6,400,000, based on 8 sales between October 2021 and July 2026. This home is asking $24,800,000, $18,400,000 above that median. The middle half of those sales closed between $5,450,000 and $7,768,750. - **Median closed price**: $6,400,000 - **Middle half**: $5,450,000 – $7,768,750 - **Based on**: 8 house sales in Gramercy Park - **Period**: October 2021 – July 2026 - **Median $/ft²**: $1,524/ft² Across the 8 of these sales with a published asking price, the median closed at 90% of what it originally asked. 88% of them closed below the original ask. A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across Gramercy Park. Apartment sales are excluded from it entirely. ### How these sales were negotiated - **Sold vs original ask**: 90% of the original ask - **Closed below ask**: 88% of 8 sales - **Listed → in contract**: 204 days (about 29 weeks) - **In contract → closed**: 50 days (about 7 weeks) Across the 8 of these sales with a published asking price, the median closed at 90% of what it originally asked. 88% of them closed below the original ask. Half of these homes were in contract within 204 days (about 29 weeks) of coming to market, based on the 7 with a recorded listing date. Once a deal was agreed, closing took a further 50 days (about 7 weeks), based on the 6 with both dates recorded. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 8 house sales in Gramercy Park, October 2021 – July 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 11 Gramercy Park](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/11-gramercy-park) ## Property Tax History Taxes at 11 Gramercy Park were $91,759 in 2026, up 5.1% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $1,413,120 | $464,400 | $948,720 | $456,854 | $91,759 | 20.085% (estimated) | | 2025 (FY 2025/26) | $1,461,060 | $464,400 | $996,660 | $434,700 | $87,309 | 20.085% (estimated) | | 2024 (FY 2024/25) | $1,260,960 | $464,400 | $796,560 | $413,799 | $83,112 | 20.085% | | 2023 (FY 2023/24) | $1,380,900 | $464,400 | $916,500 | $413,597 | $83,071 | 20.085% | | 2022 (FY 2022/23) | $1,130,220 | $464,400 | $665,820 | $393,892 | $79,996 | 20.309% | | 2021 (FY 2021/22) | $1,074,480 | $464,400 | $610,080 | $326,183 | $65,116 | 19.963% | | 2020 (FY 2020/21) | $1,159,140 | $464,400 | $694,740 | $307,722 | $64,760 | 21.045% | | 2019 (FY 2019/20) | $1,260,240 | $464,400 | $795,840 | $290,304 | $61,449 | 21.167% | | 2018 (FY 2018/19) | $290,136 | — | — | $290,136 | $60,694 | 20.919% | | 2017 (FY 2017/18) | $273,715 | — | — | $273,715 | $55,797 | 20.385% | | 2016 (FY 2016/17) | $271,819 | — | — | $271,819 | $54,339 | 19.991% | | 2015 (FY 2015/16) | $256,435 | — | — | $256,435 | $50,143 | 19.554% | | 2014 (FY 2014/15) | $241,920 | — | — | $241,920 | $46,345 | 19.157% | | 2013 (FY 2013/14) | $241,780 | — | — | $241,780 | $46,400 | 19.191% | | 2012 (FY 2012/13) | $228,096 | — | — | $228,096 | $42,355 | 18.569% | | 2011 (FY 2011/12) | $226,516 | — | — | $226,516 | $41,237 | 18.205% | | 2010 (FY 2010/11) | $213,696 | — | — | $213,696 | $37,106 | 17.364% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 1008750075. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 11 Gramercy Park Gramercy · Multi Family 11 Gramercy Park, New York, NY 10003 A building in Gramercy, currently featuring 1 active listing. - **Year Built**: 1900 - **Total Units**: 1 - **Floors**: 5 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/11-gramercy-park) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/11-gramercy-park-ny-10003) | 9 | 8 | 12,250 sqft | $2,024 | $24,800,000 | Compass | Sep 14, 2026 | 1 days | ## Estimated Monthly Payment **$132,591 / month**, assuming a 20% down payment ($4,960,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $125,402 - **Property Taxes**: $7,189 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Gramercy Park Private, Exclusive, and Historic [Explore Gramercy Park](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy-park) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Gramercy Park - [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district) - [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town) - [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) - [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village) - [East Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-village) - [NoHo real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/noho) ## Related Links - [11 Gramercy Park — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/11-gramercy-park) - [Gramercy Park neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy-park) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.