NOT LISTED FOR SALE

18 Gramercy Park S Unit 7 New York, NY 10003

Gramercy Park Neighborhood

Estimated Value: $5,110,000 - $12,851,923

4 Beds
5.5 Baths
4,207 Sq Ft
$9,218/mo HOA Fee

Last Sold September 02, 2021

Last sale price $13,500,000 $3,209 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $57,636/month

130 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to 23 Street (4,6 Line)
  • 4-minute walk to Peter's Field
  • P.S. 40 Augustus Saint-Gaudens Rated A

About This Home

As of September 2021

If a very private, full service residence with only 16 full floor apartments, and provides abundant light and space in the highly sought after Gramercy Park location, look no further. The splendor and elegance of the stunning residence, Apartment 7, at 18 Gramercy Park South checks all the boxes. Created by the same master craftsman whose genius brought us 15 Central Park west, an internationally acclaimed residence, this 1927 pre-war edifice has been re-imagined as a state of the art condominium full service residence which sets a new standard in downtown living. Two elegant key locked elevators provide direct access into the 4200 square foot full floor apartment which enjoys 40 foot of frontage on Gramercy Park, 130 feet on Irving Place with 28 windows and beautiful views of the revered and much heralded private Gramercy Park and noteworthy nearby buildings.

Enjoy the comfort of 4 bedrooms, 5.5 baths, and abundant light provided by multiple exposures. The large entry foyer and glamorous gallery leads dramatically into an apartment that is perfect for living and entertaining. The capacious living room, formal dining room/library provides for elegant formal living while a large state of the art kitchen and eat in family space is conducive to relaxed family dining. The furniture-grade hand-painted cabinetry by Smallbone of Devizes, LeFroy Brooks fittings and accessories, white quartzite counter tops and back splash, Wolf cooking and warming appliances, Sub-Zero refrigeration and wine storage, Miele dishwasher and fully vented hood add to the comfort of this home. The powder room is handsomely finished with a rich Black Onyx vanity, back splash and floors. With grand proportions and six windows, the 27' x 14'10 Master Bedroom also features two full windowed baths with radiant heated floors. provide an ultra-luxurious and private sanctuary, a Gris Souris marble slab shower, a Calacutta Caldia marble slab steam shower, and a freestanding cast-iron soaking tub. Secondary bedrooms with en suite baths are perfectly separated from both entertaining spaces and the Master Suite. 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 pre-wiring for shade controls. Additional amenities include a sleek and serene spa and fitness center, supplemental laundry room, dog wash and two rooftop terraces adjacent to a rooftop reading room.

Last Agent to Sell the Property

Ileen Schoenfeld

Brown Harris Stevens Residential Sales LLC License #30SC0489975 Listed on: 03/25/2021

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Aracely Moran

Brown Harris Stevens Residential Sales LLC License #40MO0938953

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $99,684

Year Built

  • Built in 1927

HOA Fees

  • $9,218 Monthly HOA Fees

Home Design

  • 4,207 Sq Ft Home
  • Pre War Building
  • Entry on the 7th floor

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 16 Units
  • 18 Gramercy Park Condos
  • Gramercy Park Subdivision
  • 19-Story Property

Listing and Financial Details

  • Tax Block 00875

Property Details

Home Type

Condominium

Est. Annual Taxes

$99,684

Year Built

Built in 1927

Lot Details

0

HOA Fees

$9,218 per month

Listing Details

  • Cross Street: Irving Street
  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Gramercy Park
  • Architectural Style: Prewar
  • Entry Level: 7
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 4207.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7

Beds/Baths

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Bathrooms Integer: 6
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 9218.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: 18 GRAMERCY PARK
  • Units: 16
  • Total Stories: 19
  • Year Built: 1927

Tax Info

  • Tax Block: 00875
  • Tax Annual: 99684.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Aug 19, 2021
Sold by
Victoria Harbour Llc
Bought by
Jtc Trustees Ltd As Trustee and The A-2 Trust
Seller's Agent
Ileen Schoenfeld
Brown Harris Stevens Residential Sales LLC
List Price
$13,500,000
Sold Price
$13,500,000
Current Estimated Value
$7,520,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,979,269
Avg. Annual Appreciation
-18.24%

Purchase Details

Closed on
Oct 23, 2013
Sold by
W2005z/18Gps Realty Llc
Bought by
Victoria Harbour Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jtc Trustees Ltd As Trustee $13,500,000 --
Victoria Harbour Llc $16,000,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $13,500,000 0.0% $3,209 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $13,500,000 -17.9% $3,209 / Sq Ft
11/09/2015 11/09/15 Sold -- -- --
10/10/2015 10/10/15 Pending -- -- --
11/07/2013 11/07/13 For Sale $16,440,000 -- $3,908 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

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 $102,536 $824,331 $72,056 $752,275
2024 $102,536 $820,158 $72,056 $748,102
2023 $100,749 $821,305 $72,056 $749,249
2022 $99,128 $810,201 $72,056 $738,145
2021 $99,387 $810,200 $72,056 $738,144
2020 $101,740 $897,394 $72,056 $825,338
2019 $100,967 $877,229 $72,056 $805,173
2018 $92,348 $828,161 $72,056 $756,105
2017 $83,250 $785,519 $72,056 $713,463
2016 $76,260 $774,092 $72,056 $702,036
2015 -- $768,634 $72,056 $696,578
2014 -- $723,763 $72,056 $651,707
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10854335

Real Estate Board of New York (REBNY)

APN: 0875-1207