--- title: "230 East 20th Street #51, New York City, NY 10003" description: "230 East 20th Street #51, New York City, NY 10003 — Gramercy Park, New York City, NY. Listing Price $1,955,000. In contract 3/20/2025. 2 bed, 2 bath, 1,083 sqft Illustrative Buyer Commission Share of $29,325 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/230-east-20th-street-51-ny-10003" source: "Real Estate Rebate Team" status: "Pending" --- # 230 East 20th Street #51, New York City, NY 10003 Gramercy Park, New York City, NY **Sponsor Residence** Courtesy of Douglas Elliman Real Estate ## At a Glance - **Listing Price**: $1,955,000 - **Status**: In contract 3/20/2025 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 2 - **Baths**: 2 - **Sqft**: 1,083 - **Common Charges**: $1,734 / mo - **Price per Sqft**: $1,805 - **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**: $1,955,000 - **Illustrative Buyer Commission Share**: -$29,325* - **Illustrative Net Cost**: $1,925,675 *Illustrative Buyer Savings of $29,325 — 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 (6) ![230 East 20th Street #51, New York City, NY 10003 — photo 1 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ee163442-220c-4c42-a857-e5b65f55d48b.jpg) ![230 East 20th Street #51, New York City, NY 10003 — photo 2 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/01ed5f4e-2ce1-42a3-aa67-78c13ee943c2.jpg) ![230 East 20th Street #51, New York City, NY 10003 — photo 3 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/82a90f32-257d-4997-be05-2e300b8477ad.jpg) ![230 East 20th Street #51, New York City, NY 10003 — photo 4 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bfefe63f-10c2-447e-9a26-1d054a64589c.jpg) ![230 East 20th Street #51, New York City, NY 10003 — photo 5 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1ebc46d6-b357-4789-89dd-95e8a70e9efa.jpg) ![230 East 20th Street #51, New York City, NY 10003 — photo 6 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cc25af1a-7a01-4639-be70-b70f43bf61b3.jpg) ## Property Overview IMMEDIATE OCCUPANCY. Located at 230 East 20th Street, The Modern offers an exclusive selection of 37 one- to four-bedroom residences. With its richly-hued facade and contemporary interiors, The Modern stands out within the Gramercy Square enclave, featuring signature design elements and efficient layouts complemented by sleek lines and a luminous array of finishes. This residence features a split two-bedroom layout with impressive floor-to-ceiling windows and solid white oak wood flooring throughout, boasting abundant natural light and southerly garden exposure. The Italy-based Minimal kitchens combine white oak and white lacquer cabinetry with polished glass countertops and backsplashes. Appliances include top-of-the-line options such as an integrated Sub-Zero refrigerator, Wolf oven, microwave, and Bosch dishwasher. The spacious Primary Bedroom features a luxurious en suite bath with Bianco Dolomiti white marble-clad walls, a custom vanity with exceptional storage, dual Kohler sinks, and Lefroy Brooks fixtures. Additionally, a large walk-in closet provides ample storage space. A separate utility closet houses a GE washer and dryer, as well as central HVAC. Located just east of the historic Gramercy Park, Gramercy Square is a full-service condominium comprising 223 residences spread across a uniquely configured collection of four buildings. These buildings are elegantly positioned around private gardens designed by M. Paul Friedberg & Partners and an exceptional 18,000-square-foot amenities club, offering a state-of-the-art gym, pool, sauna/steam rooms, residents" lounge, dining room, and children's playroom. Private storage and parking options are available for purchase (subject to availability). 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**: Condominium - **Beds**: 2 - **Baths**: 2 - **Rooms**: 3 - **Sqft**: 1,083 sqft - **Stories**: 7 - **Year Built**: 2018 - **Price per Sqft**: $1,805 - **Common Charges**: $1,734 / Monthly - **Listed On**: Mar 20, 2025 - **Days on Market**: 546 Days ### Residence Features - Central Air - Building Other - Washer Hookup - Building Roof Deck - Private Outdoor Space Under 60 Sqft - Washer Dryer Allowed - City ### Building Amenities - Sauna ## Estimated Monthly Payment **$11,620 / month**, assuming a 20% down payment ($391,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $9,886 - **Common Charges**: $1,734 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 6 apartments at The Modern At Gramercy Square have recorded sales since September 2021, the most recent for $1,800,000 in May 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 44 (Apartment) | — | 995 | $1,800,000 | $1,809/ft² | May 28, 2026 | City record | | 41 (Apartment) | 2 | 1,083 | $1,900,000 | $1,754/ft² | August 29, 2025 | City record · MLS | | 61 (Apartment) | 2 | 1,083 | $1,975,000 | $1,824/ft² | May 6, 2025 | City record · MLS | | 31 (Apartment) | 2 | 1,083 | $1,995,000 | $1,842/ft² | September 23, 2024 | City record · MLS | | 46 (Apartment) | 1 | 802 | $1,675,000 | $2,089/ft² | August 22, 2024 | City record | | 54 (Apartment) | 2 | 995 | $1,840,000 | $1,849/ft² | July 16, 2024 | 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. ### How this price compares - **This home**: $1,955,000 - **Median sold price**: $1,937,500 - **Difference**: +$17,500 (+0.9%) - **This home, $/ft²**: $1,805 - **Median $/ft²**: $1,833 - **Comparable sales**: 4 - **Sales from**: July 2024 – August 2025 - **Middle half of those sales**: $1,885,000 – $1,980,000 Based on two-bedroom sales at The Modern At Gramercy Square. ### How these sales were negotiated - **Sale-to-list price**: 83.7% (4 sales) - **Sold below asking**: 100% (4 sales) - **Typical time to find a buyer**: 114 days (4 sales) - **Typical time to close**: 52 days (4 sales) Based on two-bedroom sales at The Modern At Gramercy Square with the required listing and closing data. Sample sizes vary by metric. 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. ### Price trend Median sale price, condo and house two-bedroom sales in Gramercy Park | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $1,878,671 | 19 | | 2018 | $2,102,490 | 30 | | 2019 | $2,617,391 | 35 | | 2020 | $1,900,000 | 21 | | 2021 | $2,387,500 | 42 | | 2022 | $2,414,129 | 36 | | 2023 | $2,425,000 | 33 | | 2024 | $2,659,227 | 26 | | 2025 | $2,275,000 | 30 | | 2026 YTD | $2,365,000 | 19 | Based on recorded condo and house two-bedroom sales in Gramercy Park. 2026 is year-to-date. Sales data through May 2026. 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 Modern At Gramercy Square](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-modern-at-gramercy-square) ## Price and Property History for 230 East 20TH Street, Unit 51 Review the recorded listing activity for 230 East 20TH Street, Unit 51, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $360,000, or 15.6%, on June 5, 2025 - **Originally listed**: March 25, 2025 at $2,315,000 | Date | Price | Listing event | | --- | --- | --- | | June 5, 2025 | $1,955,000 | Asking price reduced by $360,000, or 15.6% | | March 25, 2025 | $2,315,000 | Listed for sale by Douglas Elliman Real Estate | | March 20, 2025 | $1,955,000 | Entered contract | ## About The Building ### The Modern At Gramercy Square Gramercy Park · Condominium 230 East 20th Street, New York, NY 10003 A building in Gramercy Park, currently featuring 3 active listings. - **Year Built**: 2018 - **Active Units**: 3 - **Floors**: 7 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-modern-at-gramercy-square) ### Available Residences — For Sale (4) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [13](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/230-east-20th-street-13-ny-10003) | 1 | 1 | 730 sqft | $1,637 | $1,195,000 (+3.9%) | Douglas Elliman Real Estate | Aug 26, 2026 | 22 days | | [66](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/230-east-20th-street-66-ny-10003) | 1 | 1 | 802 sqft | $1,608 | $1,290,000 (-7.2%) | Douglas Elliman Real Estate | May 4, 2026 | 136 days | | [33](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/230-east-20th-street-33-ny-10003) | 2 | 2 | 1,127 sqft | $1,770 | $1,995,000 | Sothebys International Realty | Aug 17, 2026 | 31 days | | [51](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10003/230-east-20th-street-51-ny-10003) | 2 | 2 | 1,083 sqft | $1,805 | $1,955,000 (-15.6%) — In contract | Douglas Elliman Real Estate | Mar 20, 2025 | 546 days | ## 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 Modern At Gramercy Square — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-modern-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.