Listing Courtesy of Douglas Elliman Real Estate
$9,345,000
Potential Rebate: $140,175
<p>IMMEDIATE OCCUPANCY.</p> <p>The Penthouse at Gramercy Square's Boutique Building presents a striking 4-bedroom, 4.5-bathroom residence, complete with a rooftop entertainment room. Spanning 3,777 interior square feet, this duplex includes 2,562 square feet of panoramic private outdoor space.</p> <p>Upon stepping out of the elevators, you're welcomed by a sunlit landing with garden views, leading seamlessly into the expansive 40 x 20 ft great room with open kitchen, and adjacent library/guest-suite. The open kitchen showcases custom-designed cabinetry and honed Carrara marble countertops, complemented by appliances from Wolf, Bosch, and Sub-Zero, including integrated wine storage. The primary suite boasts two walk-in closets and an en-suite five-fixture master bath with radiant-heated marble floors, a soaking tub, and glass-enclosed shower.</p> <p>Outside, the private roof terrace, envisioned by renowned landscape architect M. Paul Friedberg & Partners, features an ipe wood deck connected by a stepping stone path, surrounded by green roof plantings and a built-in lounge area. An outdoor kitchen with a gas BBQ grill and wet bar opens to a trellised dining area, while two additional balconies on the main floor offer added charm.</p> <p>The roof terrace also hosts a glass-enclosed "bonus room", perfect for an office, media room, or game room-an entertainer's haven. With three exposures and exceptional indoor/outdoor entertaining space, this dramatic full-floor duplex residence is perfectly complemented by its modern palette of finishes.</p> <p>This residence boasts a multi-zone HVAC system, pre-wired electrical for automated shades, and recessed LED lighting. A dedicated laundry room includes a side-by-side LG washer and externally vented dryer.</p> <p>Situated at 220 East 20th Street, within Gramercy Square, this classic boutique condominium stands as one of eight residences, offering the rare fusion of prewar allure with modern amenities.</p> <p>Amenities in the 18,000-square-foot Gramercy Club include a 75" foot lap pool, fitness center, sauna/steam rooms, yoga studio, children's playroom, lounge, residents" club room, screening room, and golf simulator. Private storage and valet parking options are available for purchase (subject to availability).</p> <p>Exclusive Sales & Marketing Agent: Douglas Elliman Development Marketing.</p> <p>Equal Housing Opportunity. The complete offering terms are in an Offering Plan available from Sponsor. File No. CD14-0390. CabGram Developer, LLC. 4611 12th Avenue, Suite 1L. Brooklyn, NY 11219. The artist representations and interior decorations, finishes, appliances, and furnishings are provided for illustrative purposes only. Sponsor makes no representations or warranties except as may be set forth in the Offering Plan. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan.</p>
$53,977 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$140,175
Monthly savings impact
$389/mo
Effective Purchase Price
$9,204,825
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
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.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS10983080
RLS at REBNY

2.5%
Experience
Member
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. ©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.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS10983080
RLS at REBNY

Compare average listing prices and value metrics for The Boutique At Gramercy Square against the surrounding Gramercy Park market.
than the Gramercy Park 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 Park.

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