--- title: "225 East 19th Street #PHA, New York City, NY 10003" description: "225 East 19th Street #PHA, New York City, NY 10003 — Gramercy Park, New York City, NY. Listing Price $7,660,000. 3 bed, 4 bath, 2,714 sqft Illustrative Buyer Commission Share of $114,900 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/225-east-19th-street-pha-PHA-ny-10003" source: "Real Estate Rebate Team" status: "Active" --- # 225 East 19th Street #PHA, New York City, NY 10003 Gramercy Park, New York City, NY **Sponsor Residence** Courtesy of Douglas Elliman Real Estate ## At a Glance - **Listing Price**: $7,660,000 - **Beds**: 3 - **Total Baths**: 4 - **Sqft**: 2,714 - **Common Charges**: $5,467 / mo - **Price per Sqft**: $2,822 - **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**: $7,660,000 - **Illustrative Buyer Commission Share**: -$114,900* - **Illustrative Net Cost**: $7,545,100 *Illustrative Buyer Savings of $114,900 — 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 (4) ![225 East 19th Street #PHA, New York City, NY 10003 — photo 1 of 4](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/89937489-cee9-421b-9450-90238fa6791c.jpg) ![225 East 19th Street #PHA, New York City, NY 10003 — photo 2 of 4](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7aa63a02-4828-44d2-a4fc-a0e89a203079.jpg) ![225 East 19th Street #PHA, New York City, NY 10003 — photo 3 of 4](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ad6907d2-151f-4458-9c16-fa2b27e2b8e3.jpg) ![225 East 19th Street #PHA, New York City, NY 10003 — photo 4 of 4](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/29bed5bd-7fbe-4ea9-b8ab-06ac61997e9d.jpg) ## Property Overview Experience refined penthouse living in this exceptional three-bedroom, three-and-a-half-bathroom residence with a spectacular rooftop terrace and outdoor kitchen. Offering 2,714 square feet of interior space and 1,594 square feet of private outdoor space, this home presents a rare opportunity for seamless indoor-outdoor living. A sun-filled great room measuring approximately 37 by 21 feet anchors the residence, featuring southern exposure and soaring 11-foot ceilings. The open layout connects the living and dining areas to a chef's kitchen finished with Minimal white-painted oak cabinetry from Italy and Gioia Venatino marble. Appliances include Wolf double convection ovens, a five-burner gas cooktop with externally vented hood, a Sub-Zero refrigerator, and dual-zone wine storage for up to 132 bottles. A versatile library or guest suite opens to its own private balcony. The primary suite features two generously proportioned closets and a spa-like marble bath appointed with Lefroy Brooks fixtures, radiant-heated Carrara marble floors, a soaking tub, glass-enclosed shower, and separate water closet. The private rooftop terrace, designed by M. Paul Friedberg & Partners, offers sweeping north, south, and west exposures with iconic views of the Chrysler and Empire State Buildings. Landscaped with lush plantings and an ipe wood deck, the terrace includes a built-in lounge area, trellised dining space, and outdoor kitchen with gas grill and wet bar. Additional features include multi-zone HVAC, pre-wiring for automated shades, recessed LED lighting, and a dedicated laundry room with a side-by-side LG washer and externally vented dryer. Located at 225 East 19th Street within Gramercy Square, residents enjoy access to the 18,000-square-foot Gramercy Club featuring a 75-foot skylit lap pool, fitness center, yoga studio, sauna and steam rooms, children's playroom, screening room, golf simulator, and residents' lounge. Private storage and valet parking are available for purchase. Exclusive Sales & Marketing Agent: Douglas Elliman Development Marketing. 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. ## Property Details - **Property Type**: Duplex - **Beds**: 3 - **Total Baths**: 4 - **Rooms**: 5 - **Sqft**: 2,714 sqft - **Stories**: 9 - **Year Built**: 2016 - **Price per Sqft**: $2,822 - **Common Charges**: $5,467 / Monthly - **Listed On**: Mar 11, 2026 - **Days on Market**: 185 Days ### Residence Features - Central Air - Building Other - Washer Hookup - Building Courtyard - Balcony - Garden - Juliet Balcony - Private Outdoor Space Over 60 Sqft - High Ceilings - Walk-In Closet(s) - Dishwasher - City Lights - City - Panoramic ## Sales Evidence ### Recent closed sales 17 apartments at The Prewar At Gramercy Square have recorded sales since September 2021, the most recent for $2,575,000 in July 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | [203](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/225-east-19th-street-203-ny-10003) (Apartment) | 2 | 1,310 | $2,575,000 | $1,966/ft² | July 28, 2026 | City record · MLS | | 605 (Apartment) | 1 | — | $1,350,000 | — | May 7, 2025 | City record · MLS | | 603 (Apartment) | 2 | 1,246 | $2,940,000 | $2,360/ft² | January 28, 2025 | City record · MLS | | 503 (Apartment) | 2 | 1,246 | $2,377,500 | $1,908/ft² | September 9, 2024 | City record · MLS | | 302 (Apartment) | 1 | 819 | $1,515,000 | $1,850/ft² | August 6, 2024 | City record · MLS | | 404 (Apartment) | 1 | 696 | $1,460,000 | $2,098/ft² | July 24, 2024 | City record · MLS | | 206 (Apartment) | 2 | 1,393 | $2,500,000 | $1,795/ft² | March 22, 2024 | City record · MLS | | 301 (Apartment) | 1 | 818 | $1,380,000 | $1,687/ft² | January 22, 2024 | City record · MLS | | 806 (Apartment) | 2 | 1,300 | $2,550,000 | $1,962/ft² | August 24, 2023 | City record · MLS | | 406 (Apartment) | 2 | 1,251 | $2,425,000 | $1,938/ft² | August 24, 2023 | City record · MLS | | 403 (Apartment) | 2 | 1,250 | $2,225,000 | $1,780/ft² | July 14, 2023 | City record · MLS | | 801 (Apartment) | 1 | 818 | $1,600,000 | $1,956/ft² | October 20, 2022 | City record · MLS | | 405 (Apartment) | 1 | 695 | $1,500,000 | $2,158/ft² | April 21, 2022 | City record | | 505 (Apartment) | 1 | 695 | $1,500,000 | $2,158/ft² | February 9, 2022 | City record | | 101 (Apartment) | 1 | 889 | $1,662,500 | $1,870/ft² | February 1, 2022 | City record | | 704 (Apartment) | 1 | 696 | $1,540,000 | $2,213/ft² | December 17, 2021 | City record | | 402 (Apartment) | 1 | 819 | $1,570,000 | $1,917/ft² | September 27, 2021 | City record | 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. ### How this price compares The median closed price for comparable condo three-bedroom sales in Gramercy Park is $4,391,023, based on 16 sales between November 2024 and June 2026. This home is asking $7,660,000, $3,268,977 above that median. The middle half of those sales closed between $3,381,250 and $5,341,031. - **Median closed price**: $4,391,023 - **Middle half**: $3,381,250 – $5,341,031 - **Based on**: 16 condo three-bedroom sales in Gramercy Park - **Period**: November 2024 – June 2026 - **Median $/ft²**: $2,283/ft² Across the 14 of these sales with a published asking price, the median closed at 96.9% of what it originally asked. 64% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Gramercy Park instead. ### How these sales were negotiated - **Sold vs original ask**: 96.9% of the original ask - **Closed below ask**: 64% of 14 sales - **Listed → in contract**: 58 days (about 8 weeks) - **In contract → closed**: 45 days (about 6 weeks) Across the 14 of these sales with a published asking price, the median closed at 96.9% of what it originally asked. 64% of them closed below the original ask. Half of these homes were in contract within 58 days (about 8 weeks) of coming to market, based on the 15 with a recorded listing date. Once a deal was agreed, closing took a further 45 days (about 6 weeks), based on the 15 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 16 condo three-bedroom sales in Gramercy Park, November 2024 – June 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median price per square foot for sales at The Prewar At Gramercy Square, 2018 to 2024. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year. | Year | Median $/ft² | Sales | | --- | --- | --- | | 2018 | $2,077/ft² | 30 | | 2019 | $2,216/ft² | 13 | | 2021 | $2,177/ft² | 3 (thin) | | 2022 | $2,057/ft² | 4 (thin) | | 2023 | $1,938/ft² | 3 (thin) | | 2024 | $1,850/ft² | 5 | Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning. 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 The Prewar At Gramercy Square](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-prewar-at-gramercy-square) ## Property Tax History Taxes at 225 East 19th Street #PHA were $70,067 in 2026, up 7.8% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $585,377 | $273,194 | $312,183 | $560,533 | $70,067 | 12.5% (estimated) | | 2025 (FY 2025/26) | $520,070 | $273,194 | $246,876 | $520,070 | $65,009 | 12.5% (estimated) | | 2024 (FY 2024/25) | $592,993 | $273,194 | $319,799 | $567,264 | $70,908 | 12.5% | | 2023 (FY 2023/24) | $635,449 | $273,194 | $362,255 | $616,105 | $77,025 | 12.502% | | 2022 (FY 2022/23) | $626,052 | $273,194 | $352,858 | $626,052 | $76,798 | 12.267% | | 2021 (FY 2021/22) | $619,206 | $273,194 | $346,012 | $619,206 | $75,760 | 12.235% | | 2020 (FY 2020/21) | $685,831 | $273,194 | $412,637 | $666,807 | $81,797 | 12.267% | | 2019 (FY 2019/20) | $648,548 | $273,194 | $375,354 | $585,924 | $73,082 | 12.473% | 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 1009001185. 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 ### The Prewar At Gramercy Square Gramercy Park · Duplex 225 East 19th Street, New York, NY 10003 A building in Gramercy Park, currently featuring 4 active listings. - **Year Built**: 1931 - **Total Units**: 4 - **Floors**: 9 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-prewar-at-gramercy-square) ### Available Residences — For Sale (4) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [PHA](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/225-east-19th-street-pha-PHA-ny-10003) | 3 | 4 | 2,714 sqft | $2,822 | $7,660,000 | Douglas Elliman Real Estate | Mar 11, 2026 | 185 days | | [PHB](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/225-east-19th-street-phb-PHB-ny-10003) | 3 | 4 | 2,721 sqft | $2,938 | $7,995,000 — In contract | Douglas Elliman Real Estate | Sep 23, 2024 | 719 days | | [501](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/225-east-19th-street-501-ny-10003) | 1 | 1 | 818 sqft | $2,029 | $1,660,000 | Corcoran Group | Jun 3, 2026 | 101 days | | [402](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/225-east-19th-street-402-ny-10003) | 1 | 1 | 819 sqft | $2,070 | $1,695,000 | Douglas Elliman Real Estate | Jun 26, 2026 | 78 days | ## Estimated Monthly Payment **$44,200 / month**, assuming a 20% down payment ($1,532,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $38,733 - **Common Charges**: $5,467 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 - [The Prewar At Gramercy Square — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-prewar-at-gramercy-square) - [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.