See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

18 Gramercy Park S #Penthouse 17, New York, NY, 10003

5beds
7baths
6,329sqft
$24,500,000
$3,871price/sqft
$143,518/moest. monthly cost
$5,740,720/yrincome needed

About This Home

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.

Getting Around

100
WalkingWalker's Paradise
100
TransitRider's Paradise
93
BikeBiker's Paradise

Schools

8/10
8/10
Jhs 104 Simon BaruchGrades 6-80.3 mi

Construction

Condition

  • Year built: 1927

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 7
  • Full bathrooms: 5
  • 1/2 bathrooms: 2

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood
  • Fireplace features: Gas
  • Fireplace: Yes

Interior Area

  • Total structure area: 6,329
  • Total interior livable area: 6,329 sqft

Property

Details

  • Parcel number: 008751216
  • Special condition: Resale

Features

  • Patio & porch: Terrace
  • Exterior features: Terrace
  • Has view: Yes
  • View description: City,Park/Greenbelt,Skyline

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $123,885$1,486,620
Home Insurance *$4,093$49,116
Property Taxes $14,495$173,940
Electricity $1,045$12,551
Total$143,518$1,722,216
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$4,920,617/yr
40% on housing$4,305,540/yr
45% on housing$3,827,146/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$3,871This listing

vs Other Active Listings

Avg $/sqft

ZIP 10003$1,444
New York County$1,487

vs Homes Sold Last Month

Median $/sqft

ZIP 10003$1,089
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Price change$24,500,000
2026-03-31Listed for sale$28,000,000
2013-09-05Sold$42,000,000

For Sale by Agent

AgentDeborah Kern
BrokerageCorcoran

Similar Homes