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A blog from CityRealty (Links below will take you to the 6sqft site)
In Contract

18 Gramercy Park South, #10

$17,400,000 ($4,136 per ft2) -3.3% | 4 beds, 5.5 baths | Approx. 4,207 ft2
156 days on Market

Key Details

  • Listed: Mar 5, 2022
    Last Price Change: -3.3% ($600,000) on May 9
    Days on Market: 156
    Building Type: Condominium
    Neighborhood: Gramercy Park (Manhattan)
    Doorman: FT Doorman
    Listing viewed 470 times
Monthly Common Charges: $9,495
Monthly Real Estate Taxes: $8,261
Total Taxes & Fees: $17,756 ($4.22/ft2)
Est. Monthly Mortgage: $77,818
Total Est. Monthly Carrying Cost: $95,574 ($22.72/ft2)
Note: the above is based on a down payment of 20% ($3,480,000), which is the minimum amount permitted by the building.

Description

KEY TO GRAMERCY PARK! Here’s your opportunity to live in one of the most highly sought-after locations, 18 Gramercy Park South, one of New York’s most unique and elegant neighborhoods. This gracious Georgian Revival building was reimagined by Robert A.M.

Stern Architects and Zeckendorf Development. It has been designated a historic district and is listed on the National Register of Historic Places.

Residence 10 is a full floor, meticulously designed home, with 3-view exposures that occupies more than 4,200 square feet with spectacular convergence of light, space, and privacy with 40 feet of frontage on Gramercy Park and rooms on Irving Place encompassed by an abundance of over-sized windows in every room. This full service, pre-war condominium residence is accessed directly via two key-locked elevators.

Residence 10 is offered among a discreet collection of only 16 full floor homes. Views stretch into the beautifully revered and much heralded private Gramercy Park and noteworthy nearby buildings including the Chrysler building.

Residence 10 is a stunning and elegant 4-bedroom / 5.5-bathroom home designed by renowned designer Andrew Scheinman of Pembrooke and Ives. The large foyer entrance and glamorous gallery leads dramatically into expanses of rooms such as the living-dining room, the library, kitchen, and open breakfast area.

The living-dining room area is grand and never fails to take your breath away. The space allows for easy living and entertaining any time of the day or night. A light filled eat-in kitchen enjoys a center island and a seated counter-bar for that morning coffee and newspaper in the breakfast area.

The chef’s kitchen features the finest furniture-grade hand-painted cabinetry by Smallbone of Devizes, LeFroy Brooks fittings and accessories, white quartzite countertops and backsplash, Wolf cooking and warming appliances, Sub-Zero refrigeration and wine storage, Miele dishwasher and a fully vented hood.

The powder room is handsomely finished with a rich Black Onyx vanity, backsplash, and floor.

The primary bedroom is grand, well-proportioned, has 6 large windows, and in addition has a separate seating niche to curl up with a good book.
The bedroom features two full windowed bathrooms providing an ultra-luxurious and private sanctuary with radiant heated floors, a Gris Souris marble slab shower, a Calcutta Caldia marble slab steam shower, and a freestanding cast-iron soaking tub. Each of the three other bedrooms are also completed with beautiful en-suite bathrooms. They are perfectly situated from the primary bedroom and the entertaining spaces.

Thoughtfully curated details include hand-troweled walls and ceilings, rift and quartered white oak flooring and polished marble windowsills.

Other highlights include a laundry room with a large-capacity Miele washer and vented dryer, Lutron lighting control capability, climate-control thermostats in each room, and electronic shades. Owners enjoy the privacy of a boutique condominium without compromising on service or amenities.

A full-time Resident Manager, 24-hour doorman, full-time concierge, and full staff to attend to your every need. Additional amenities in the building include a sleek and serene spa and fitness center, supplemental laundry room, dog wash and two rooftop terraces adjacent to a rooftop reading room. Do not miss this opportunity!

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Listing Agent (Seller's Representative)

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About 18 Gramercy Park South

86

18 Gramercy Park South has received a CityRealty Rating of 86, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

26
Out of 44
+
32
Out of 36
+
18
Out of 39
+
10
=
86
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Exists 1 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Part of Historic District 1 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Stunning 5 out of 5 points
Units Per Floor:
1 5 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points
  • Condo
  • Built in 1927
  • 16 Apartments
  • 18 Floors

Building Amenities

  • Conversion Year: 2012
  • Attended Lobby
  • Concierge
  • FT Doorman
  • Pre War
  • Resident Storage
  • Health Club
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Fitness Center
  • Rooftop Terrace
  • Outdoor Entertainment Space
  • In-Unit Washer/Dryer
  • Terraces / Balconies

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Pros
  • Overlooks Gramercy Park
  • Large apartment layouts
  • Very few apartments
  • Near many restaurants
  • Concierge
  • Key-locked elevator access
  • Handsome paneled lobby
  • Residents get key to Gramercy Park
  • Close to Subway
Cons
  • No roof deck
  • No garage
  • No balconies
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Subways

  1. 6
at Park Ave 0.15 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. L
at Broadway and 16th 0.26 miles
  1. M
  2. F
at 6th Ave 0.49 miles

Aerial Imagery

 

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Listing provided courtesy of Douglas Elliman - Manhattan