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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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10003
  6. 11 Gramercy Park #TH
Property image 1
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•Gramercy

11 Gramercy Park #TH, New York City, NY 10003

Listing Courtesy of Modlin Group LLC

$29,500,000

Potential Rebate: $442,500

9 Beds
8 Baths
19 Rooms
12,250 sqft
Built 1856
5 Stories
2,408/ft²
Listed on Oct 16, 2025
71 days on market
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Overview

11 Gramercy Park South

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 room—originally designed as a staff room and later utilized as a private home gym—offering 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.

Home Features

  • •Common Area
  • •Laundry Room
  • •City
  • •Park/Greenbelt
  • •Trees/Woods

Estimated Monthly Payment

$153,046 per month

30 year fixed, 6.28% Interest

Principal and Interest
$145,770
Property Taxes
$7,276
Maintenance/Common Charges
$0

Estimated Rebate for this Home

One-time rebate at closing

$442,500

Monthly savings impact

$1,229/mo

💡 Estimated at 1.5% of purchase price

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).

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Experience

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Listings

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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.

The Real Estate Rebate Team

Listing Courtesy of Modlin Group LLC

Data Source: TRESTLE #RLS20054980

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Price Analysis

Compare average listing prices and value metrics for 11 Gramercy Park against the surrounding Gramercy market.

Based on 1 active units in building vs 2 in area

Average List Price

Building$29.5M
Neighborhood$18.0M

Price Per SqFt

Building Avg$2,408/ft²
Neighborhood Avg$1,222/ft²
Premium Market

97.12% Higher

than the Gramercy price-per-sq-ft average

This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Gramercy.

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