$29,500,000

11 Gramercy Park S Unit TH New York, NY 10003

Gramercy Park Neighborhood

Estimated payment $163,679/month

9 Beds
7.5 Baths
12,250 Sq Ft
$2,408 Price per Sq Ft

Highlights

  • City View
  • 3-minute walk to 23 Street (4,6 Line)
  • No HOA
  • P.S. 40 Augustus Saint-Gaudens Rated A
  • Dining Room with Fireplace
  • 5-minute walk to Union Square Park

About This Home

11 Gramercy Park South

Built in 1885 and embodying the style and sophistication the neighborhood is known for, the townhouse at 11 Gramercy Park South is a five-story, 27-foot-wide mansion. Currently housing three residences, its placement on the market represents a unique opportunity to create a truly exceptional single-family home of palatial proportions. As part of the exclusive Gramercy Park Trustees, 11 Gramercy Park South includes a set of coveted keys, granting access to one of Manhattan’s most distinguished and historic green spaces.

Residence One
Residence One is a triplex boasting stunning park views, expansive entertaining spaces, and three large bedrooms. Residence One includes the garden level, parlor level, and the private quarters:

I. Garden Level

Opening onto a private patio and garden, the expansive eat-in chef’s kitchen is equipped with a suite of appliances by Viking, Sub-Zero, and Miele, as well as an abundance of storage space. Adjacent to the kitchen are staff quarters, including a full bathroom and a laundry room with washer and dryer, rounding out the garden level. Just beyond the laundry area is a small back room—originally designed as a staff room and later utilized as a private home gym—offering additional flexibility and function to the space.

II. Parlor Level

The grand staircase ushers you to the parlor level, featuring stunning 14-foot ceiling heights. Wrapped in Louis XIV wood paneling with gorgeous inlaid wood flooring, the breathtaking living room boasts an original wood-burning fireplace and floor-to-ceiling windows overlooking the park. The dramatic dining room offers another wood-burning fireplace, an adjacent butler’s pantry, and garden views through exquisite French doors.

III. Private Quarters

Occupying the third floor and overlooking the park, the primary suite features a separate sitting room, an expansive dressing room/walk-in closet, and a sumptuous primary bath with dual sinks, a separate soaking tub, and a stall shower. Two additional bedrooms with garden views and ample closet space share a full bathroom, completing the third floor.

Residences Two & Three

Accessed via an internal staircase, these beautifully restored duplexes sit opposite one another on the top two floors of the townhouse. Each residence features three bedrooms, original 100-year-old hardwood floors, and an active wood-burning fireplace. The front apartment offers three bedrooms and two-and-a-half bathrooms, while the rear apartment provides three bedrooms and two full bathrooms.

The first floor boasts a grandly scaled living/dining room with oversized windows, original crown moldings, and soaring 11-foot ceilings. Bright and modern, the kitchen overlooks the great room and is appointed with a suite of stainless-steel appliances, beautiful marble subway tiling, and a breakfast bar that comfortably seats four.

Listing Agent

Adam Modlin

Modlin Group LLC License #49MO0915281 Listed on: 10/16/2025

Co-Listing Agent

Andrew Nierenberg

Modlin Group LLC License #10401306799

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $87,309

Year Built

  • Built in 1856

Lot Details

  • 3,153 Sq Ft Lot

Interior Spaces

  • 12,250 Sq Ft Home
  • Dining Room with Fireplace
  • 7 Fireplaces
  • Library with Fireplace
  • Bonus Room with Fireplace
  • City Views
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms

Listing and Financial Details

  • Legal Lot and Block 0075 / 00875

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Gramercy Subdivision
  • 5-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$87,309

Year Built

Built in 1856

Lot Details

0

Listing Details

  • Exposures: North,South
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Gramercy
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5

Interior Features

  • Fireplace Features: Bedroom, Dining Room, Library, Family/Living/Great Room
  • Fireplaces: 7
  • Fireplace: Yes
  • Living Area: 12250.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Bathrooms Integer: 8
  • Bedrooms: 9

Exterior Features

  • View: City, Park/Greenbelt, Trees/Woods
  • View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area, Laundry Room

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 3153.0
  • Lot Size Dimensions: 0

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 5
  • Year Built: 1856

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00875
  • Tax Lot: 0075
  • Tax Annual: 87309.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $83,112 $434,700 $138,170 $296,530
2024 $83,112 $413,799 $464,400 $261,401
2023 $83,997 $413,597 $139,094 $274,503
2022 $78,633 $1,130,220 $464,400 $665,820
2021 $68,645 $1,074,480 $464,400 $610,080
2020 $65,136 $1,159,140 $464,400 $694,740
2019 $60,729 $1,260,240 $464,400 $795,840
2018 $59,144 $290,136 $143,437 $146,699
2017 $55,797 $273,715 $94,883 $178,832
2016 $54,339 $271,819 $127,207 $144,612
2015 $31,144 $256,435 $180,013 $76,422
2014 $31,144 $241,920 $164,428 $77,492
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2025 10/16/25 For Sale $29,500,000 -- $2,408 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Deed $5,912,819 --
Deed $5,912,819 --
Interfamily Deed Transfer -- First American
Interfamily Deed Transfer -- First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $7,000,000 Purchase Money Mortgage
Previous Owner $62,521 No Value Available
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20054980

Real Estate Board of New York (REBNY)

APN: 0875-0075