---
title: "18 GRAMERCY Park #PH17, New York City, NY 10003"
description: "18 GRAMERCY Park #PH17, New York City, NY 10003 — Gramercy Park, New York City, NY. Listing Price $24,500,000. 5 bed, 7 bath, 6,329 sqft Illustrative Buyer Commission Share of $367,500 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/18-gramercy-park-ph17-PH17-ny-10003"
source: "Real Estate Rebate Team"
status: "Active"
---

# 18 GRAMERCY Park #PH17, New York City, NY 10003

Gramercy Park, New York City, NY

Courtesy of Corcoran Group

## At a Glance

- **Listing Price**: $24,500,000
- **Beds**: 5
- **Total Baths**: 7
- **Sqft**: 6,329
- **Common Charges**: $20,621 / mo
- **Price per Sqft**: $3,871
- **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**: $24,500,000
- **Illustrative Buyer Commission Share**: -$367,500*
- **Illustrative Net Cost**: $24,132,500

*Illustrative Buyer Savings of $367,500 — 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)

![18 GRAMERCY Park #PH17, New York City, NY 10003 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3ea3f7d1-c36a-4032-9cda-fb1c5a5d9854.jpg)
![18 GRAMERCY Park #PH17, New York City, NY 10003 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5da7358e-7ee8-4352-b378-8da51d6f5a77.jpg)
![18 GRAMERCY Park #PH17, New York City, NY 10003 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/de6139fd-c05d-4fdf-adec-28f292c01672.jpg)
![18 GRAMERCY Park #PH17, New York City, NY 10003 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4590b024-f7d8-4445-bccd-6497859e5007.jpg)
![18 GRAMERCY Park #PH17, New York City, NY 10003 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/05fe8041-38b4-4d33-a11f-0baa3508df2e.jpg)
![18 GRAMERCY Park #PH17, New York City, NY 10003 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d99881c2-e576-4022-9eb9-d4bb9abbd172.jpg)
![18 GRAMERCY Park #PH17, New York City, NY 10003 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cc334f66-0ab1-4469-942a-dafc18d0e11b.jpg)
![18 GRAMERCY Park #PH17, New York City, NY 10003 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d5910966-3fe9-4200-ba76-95a10c9b6e5b.jpg)
![18 GRAMERCY Park #PH17, New York City, NY 10003 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/547a0f42-bd61-4780-aa13-a0f3f802d431.jpg)
![18 GRAMERCY Park #PH17, New York City, NY 10003 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/32033cd5-e6e3-4a4d-ad8a-6c159fb07328.jpg)

## Property Overview

Experience the pinnacle of Manhattan living in this extraordinary Gramercy Park penthouse condominium - a rare 6,329-square-foot duplex that lives like a true home in the sky, complemented by approximately 1,889 square feet of private outdoor space.

 A private elevator opens directly into a gracious foyer, where natural light and open city views create an immediate sense of arrival. From here, the residence unfolds in a clear, well-proportioned layout designed for both daily living and entertaining.

 The living room stretches across the Park-facing facade, overlooking the treetops of Gramercy Park and drawing in steady northern light. Adjacent is a separate windowed dining room, positioned to feel distinct yet connected to the main entertaining areas. Just beyond, a library offers an additional entertaining space.

 Nearby, the eat-in kitchen is outfitted with custom cabinetry and premium appliances, including a Wolf range and oven, Miele dishwasher, and two Sub-Zero refrigerators. Tucked behind the kitchen is a flexible staff suite or home office with its own full bath.

 Three additional bedrooms occupy the lower level, each with a marble en-suite bath, offering privacy and comfort for family or guests. A dedicated laundry room with side-by-side washer and vented dryer completes this floor.

 Upstairs, a central staircase leads to a sitting room anchored by a gas fireplace and framed by direct access to a sweeping wraparound terrace. A powder room and wet bar with sink, refrigerator, and dishwasher support seamless indoor-outdoor living. The outdoor spaces include a private plunge pool and hot tub with open skyline views.

 The primary suite occupies a quiet corner of the upper level with three exposures. It includes a large walk-in closet and a marble bath with heated floors, dual vanities, a freestanding soaking tub, and a separate steam shower.

 Throughout the home, quarter-sawn white oak herringbone floors, marble windowsills, Lutron lighting, and multi-zone central heating and air conditioning underscore the quality of the build.

 Located at 18 Gramercy Park South, the Georgian Revival building was originally constructed in 1927 and reimagined in 2013 by Robert A. M. Stern in partnership with Zeckendorf Development. With just 16 residences across 18 floors, the boutique property offers a 24-hour doorman, resident manager, concierge and porter staff, landscaped roof terraces, a private club room, spa, fitness center, and the rare privilege of a private key to Gramercy Park.

## Property Details

- **Property Type**: Duplex
- **Beds**: 5
- **Total Baths**: 7
- **Rooms**: 15
- **Sqft**: 6,329 sqft
- **Stories**: 19
- **Year Built**: 1927
- **Price per Sqft**: $3,871
- **Common Charges**: $20,621 / Monthly
- **Listed On**: Mar 30, 2026
- **Days on Market**: 167 Days

### Residence Features

- Building Other
- Washer Hookup
- In Unit
- Building Roof Deck
- Private Outdoor Space Over 60 Sqft
- Washer Dryer Allowed
- City Lights
- City
- Park/Greenbelt

### Building Amenities

- Sauna

## Sales Evidence

### Recent closed sales

4 apartments at 18 Gramercy Park have recorded sales since September 2021, the most recent for $15,150,000 in April 2025. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 3 (Apartment) | 4 | 4,207 | $15,150,000 | $3,601/ft² | April 30, 2025 | City record |
| M1 (Apartment) | — | 3,746 | $5,000,000 | $1,335/ft² | October 15, 2024 | City record |
| 10 (Apartment) | 4 | 4,207 | $16,375,000 | $3,892/ft² | September 13, 2022 | City record · MLS |
| 15 (Apartment) | 4 | 4,207 | $17,000,000 | $4,041/ft² | September 27, 2021 | City record · MLS |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

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 18 Gramercy Park](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/18-gramercy-park)

## Price and Property History for 18 GRAMERCY Park, Unit PH17

Review the recorded listing activity for 18 GRAMERCY Park, Unit PH17, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $3,500,000, or 12.5%, on May 6, 2026
- **Originally listed**: March 30, 2026 at $28,000,000
- **Current asking price**: $24,500,000

| Date | Price | Listing event |
| --- | --- | --- |
| May 6, 2026 | $24,500,000 | Asking price reduced by $3,500,000, or 12.5% |
| March 30, 2026 | $28,000,000 | Listed for sale by Corcoran Group |

## Property Tax History

Taxes at 18 GRAMERCY Park #PH17 were $180,752 in 2026, up 1.5% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $1,504,734 | $124,581 | $1,380,153 | $1,446,013 | $180,752 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $1,484,559 | $124,581 | $1,359,978 | $1,425,223 | $178,153 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $1,419,991 | $124,581 | $1,295,410 | $1,418,010 | $177,251 | 12.5% |
| 2023 (FY 2023/24) | $1,419,991 | $124,581 | $1,295,410 | $1,419,991 | $177,527 | 12.502% |
| 2022 (FY 2022/23) | $1,400,793 | $124,581 | $1,276,212 | $1,400,793 | $171,835 | 12.267% |
| 2021 (FY 2021/22) | $1,400,792 | $124,581 | $1,276,211 | $1,400,792 | $171,387 | 12.235% |
| 2020 (FY 2020/21) | $1,551,545 | $124,581 | $1,426,964 | $1,425,658 | $174,885 | 12.267% |
| 2019 (FY 2019/20) | $1,516,681 | $124,581 | $1,392,100 | $1,394,783 | $173,971 | 12.473% |
| 2018 (FY 2018/19) | $1,431,845 | $124,581 | $1,307,264 | $1,255,332 | $158,322 | 12.612% |
| 2017 (FY 2017/18) | $1,358,119 | $124,581 | $1,233,538 | $1,131,655 | $143,935 | 12.719% |
| 2016 (FY 2016/17) | $1,338,363 | $124,582 | $1,213,781 | $1,022,723 | $131,849 | 12.892% |
| 2015 (FY 2015/16) | $1,328,926 | $124,581 | $1,204,345 | $917,742 | $118,233 | 12.883% |
| 2014 (FY 2014/15) | $1,251,346 | $124,581 | $1,126,765 | $1,244,677 | $160,003 | 12.855% |

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 1008751216. 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

### 18 Gramercy Park

18 GRAMERCY Park, New York, NY 10003

A building in the neighborhood, currently featuring 1 active listing.

- **Year Built**: 1927
- **Total Units**: 1
- **Floors**: 19

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/18-gramercy-park)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [PH17](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/18-gramercy-park-ph17-PH17-ny-10003) | 5 | 6 | 6,329 sqft | $3,871 | $24,500,000 (-12.5%) | Corcoran Group | Mar 30, 2026 | 166 days |

## Estimated Monthly Payment

**$144,506 / month**, assuming a 20% down payment ($4,900,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $123,885
- **Common Charges**: $20,621

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Potential NYC Second-Home Tax

This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price.

[Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator)

## 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

- [18 Gramercy Park — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/18-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.