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18 Gramercy Park South, #PH17

$32,000,000 ($5,056 per ft2) | 5 beds, 5.5 baths | Approx. 6,329 ft2
Building Profile  | 
13 days on Market

Key Details

  • Listed: Dec 10, 2024
    Days on Market: 13
    Building Type: Condominium
    Neighborhood: Gramercy Park (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $19,250
Monthly Real Estate Taxes: $14,775
Total Taxes & Fees: $34,025 ($5.38/ft2)
Est. Monthly Mortgage: $169,974
Total Est. Monthly Carrying Cost: $203,999 ($32.23/ft2)
Note: the above is based on a down payment of 20% ($6,400,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Full-Service Building Amenities: Includes a 24-hour doorman, concierge, fitness center, and spa, ensuring a luxurious lifestyle and convenience.
  • Expansive Outdoor Space: Enjoy 1,900 square feet of private outdoor terraces, including a plunge pool and hot tub, perfect for entertaining and relaxation.
  • Luxurious Primary Suite: A tranquil retreat featuring abundant natural light, an oversized walk-in closet, and a marble bathroom with heated floors and a steam shower.
  • Key to Gramercy Park: Exclusive access to Manhattan's only private park, enhancing the allure of this prestigious residence.
  • Gourmet Eat-in Kitchen: Equipped with high-end appliances including a Wolf oven, Miele dishwasher, and two Sub-Zero refrigerators, ideal for culinary enthusiasts.
  • Elegant Living Spaces: Grand proportions with a spacious living room and formal dining room, all with stunning views overlooking Gramercy Park.

Description

Experience the epitome of Manhattan living in this stunning Gramercy Park penthouse condominium. Nestled in one of the most prestigious building along Gramercy Park, this luxurious duplex residence is the definition of urban sophistication. With over 6,300 square feet of interior space and an additional 1,900 square feet of private outdoor space, this trophy penthouse features five bedrooms, 5 full bathrooms, 2 half bathrooms, four outdoor terraces, a plunge pool and hot tub, multiple living and entertaining areas, and an exclusive key to Gramercy Park.

Abundant natural light, grand proportions and breathtaking city views greet you upon entering from your own private keyed elevator.

The foyer seamlessly transitions into the expansive living room with views overlooking Gramercy Park. The adjacent windowed formal dining room and library provide ideal spaces for entertaining. A sunny eat-in kitchen boasts elegant hand-painted cabinetry, a Wolf oven and range, a Miele dishwasher, and two Sub-Zero refrigerators.

A staff room or office with a full en-suite bathroom is conveniently located behind the kitchen. Three additional bedrooms, each with en-suite marble bathrooms, and a walk-in laundry room with a side-by-side washer and dryer and sink complete the lower floor of this exceptional residence.

The sprawling upper level, accessed by a beautiful central staircase or elevator, features an elegant sitting room with a gas fireplace and a wraparound terrace offering stunning views of Manhattan and Gramercy Park. A stylish half bathroom and a convenient wet bar, complete with a sink, fridge, and dishwasher, are adjacent to the east terrace, where you can enjoy your private plunge pool high above the city.

The primary suite is a tranquil retreat from the bustling city, with abundant natural light, an oversized walk-in closet, and an elegant marble bathroom featuring heated floors, a two-sink vanity, a free-standing cast iron tub, and a separate steam shower stall.

No detail was overlooked, and no expense was spared in the construction of this unique penthouse.

Additional features include quarter-sawn white oak herringbone hardwood floors, polished marble windowsills, Lutron lighting, and multi-zone central heating and air conditioning.

18 Gramercy Park South, a Georgian Revival-style luxury condominium built in 1927, was meticulously reimagined by renowned architect Robert A.M. Stern and Zeckendorf Development in 2013. The building comprises 16 homes on 18 floors, offering first-class amenities including a full-time resident manager, 24-hour doorman, full-time concierge and porter staff, two roof terraces, a club room, and a spa and fitness center.

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Apartment Amenities

  • Terrace
  • City View
Listing courtesy of Douglas Elliman Real Estate

Pricing History

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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

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 0.16 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. L
at Broadway and 16th 0.25 miles
  1. M
  2. F
at 6th Ave 0.50 miles

Aerial Imagery

 

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