House Prices

Gramercy Park New York, NY House Prices & Home Values 2026


Average Data

average house price$3,874,429
average size per house15737 ft²
average price per ft²252 $ / ft²

04/04/2026 - The value range (VR) for house prices in Gramercy Park New York, NY is $78/ sqft to $2134/ sqft. An average home with 15737 sqft costs approximately $1,255,719 to $34,355,162. New York, NY includes 2 ZIP codes and it is located in New York county. The lowest prices are found in ZIP 10003, while the highest are in ZIP 10010. The average price per sqare feet is $252. Our analysis is based on 25 property listings.

Avergage prices by ZIP codes Gramercy Park New York

1000378 $ / ft²
100102134 $ / ft²




Historical development of home values in Gramercy Park New York

Year Estimated value (USD) Change vs. 2025
2010 $1,799,355 -53.6%
2011 $1,729,774 -55.4%
2012 $1,725,116 -55.5%
2013 $1,789,597 -53.8%
2014 $1,878,583 -51.5%
2015 $1,974,999 -49.0%
2016 $2,078,068 -46.4%
2017 $2,190,230 -43.5%
2018 $2,311,318 -40.3%
2019 $2,418,490 -37.6%
2020 $2,543,514 -34.4%
2021 $2,892,973 -25.3%
2022 $3,372,557 -13.0%
2023 $3,556,517 -8.2%
2024 $3,762,267 -2.9%
2025 $3,874,429 0.0%

Graph: estimated home values in Gramercy Park New York over time (USD)



Example: 100% financing house in Gramercy Park New York

Loan amount: $3,874,429

Interest rate: 6.14%

Fixed monthly payment: $23,574.02

Breakdown in the 1st month:
Interest portion: $19,817.70  –  Principal portion: $3,756.32

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $236,522.49 $46,365.76 $3,828,063.24
2 $233,595.11 $49,293.13 $3,778,770.11
3 $230,482.91 $52,405.33 $3,726,364.78
4 $227,174.22 $55,714.02 $3,670,650.76
5 $223,656.63 $59,231.61 $3,611,419.15
6 $219,916.95 $62,971.29 $3,548,447.86
7 $215,941.16 $66,947.08 $3,481,500.77
8 $211,714.35 $71,173.89 $3,410,326.88
9 $207,220.68 $75,667.57 $3,334,659.31
10 $202,443.29 $80,444.96 $3,254,214.36
11 $197,364.27 $85,523.97 $3,168,690.39
12 $191,964.58 $90,923.66 $3,077,766.72
13 $186,223.97 $96,664.27 $2,981,102.45
14 $180,120.92 $102,767.32 $2,878,335.14
15 $173,632.55 $109,255.69 $2,769,079.44
16 $166,734.52 $116,153.72 $2,652,925.72
17 $159,400.98 $123,487.27 $2,529,438.46
18 $151,604.41 $131,283.83 $2,398,154.63
19 $143,315.61 $139,572.64 $2,258,581.99
20 $134,503.47 $148,384.77 $2,110,197.22
21 $125,134.97 $157,753.28 $1,952,443.95
22 $115,174.97 $167,713.27 $1,784,730.67
23 $104,586.13 $178,302.11 $1,606,428.56
24 $93,328.75 $189,559.49 $1,416,869.07
25 $81,360.62 $201,527.63 $1,215,341.44
26 $68,636.85 $214,251.39 $1,001,090.05
27 $55,109.76 $227,778.48 $773,311.57
28 $40,728.61 $242,159.63 $531,151.94
29 $25,439.49 $257,448.76 $273,703.18
30 $9,185.06 $273,703.18 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Gramercy Park New York, NY


1500 sqft3900 sqft
Ø selling price$467,900$995,351
Ø fast selling$425,364$895,816
Ø high price sale$510,437$1,094,886

In 2026, houses in Gramercy Park New York, NY will be offered at an average price of $252 per square foot. A 1,500 sqft home priced at $467,900 is 23.53% more expensive per square foot than a 3,900 sqft home priced at $995,351. Home prices in Gramercy Park New York, NY vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $689,089. Sellers who can wait longer may achieve a higher price of up to $842,220.


Gramercy Park Neighborhood Guide

Overview

Located in Manhattan, Gramercy Park is a serene, upscale neighborhood centered around New York City?s only private park.
Its tree-lined, quiet streets and classic ambience make it a coveted address for residents seeking a retreat in New York, NY.

History & Architecture

The area is famed for historic brownstones, elegant prewar co-ops, and landmarks along Irving Place that showcase 19th-century architecture.
Strict preservation efforts keep building facades pristine, enhancing the neighborhood?s timeless character and curb appeal.

Lifestyle & Amenities

Beyond the locked gates of Gramercy Park, residents enjoy pocket parks, boutique fitness studios, and specialty shops on calm avenues.
Well-regarded schools, medical centers, and community institutions contribute to a refined yet welcoming lifestyle.

Dining & Culture

Acclaimed restaurants, cozy cafes, and destination cocktail bars line Park Avenue South and 20th Street, while nearby Union Square adds renowned greenmarkets and cultural energy.
The neighborhood?s cultural scene includes the National Arts Club and the Players, offering exhibits, events, and historic interiors.

Real Estate & Access

Local real estate ranges from classic walk-ups to luxury condos with concierge amenities, and listings near the park command premium prices in the Manhattan real estate market.
Multiple subway lines at 14th, 23rd, and Union Square ensure easy transportation to Midtown and Downtown, reinforcing Gramercy Park as a convenient, prestigious place to live.



FAQ – Home Values in Gramercy Park New York

What is the median home value in Gramercy Park New York in 2026?

In 2026, the typical home value in Gramercy Park New York is about $3,874,429 for an average home size of 15737 square feet. This corresponds to an average price of roughly $252 per square foot.

What is the average cost per square foot in Gramercy Park New York?

In 2026, homes in Gramercy Park New York sell for an average of around $252 per square foot, with a typical range between $78 and $2134 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Gramercy Park?

The average home size in Gramercy Park New York is about 15737 square feet, with an estimated 2026 value around $3,874,429.



Neighborhoods close to Gramercy Park New York, NY

Harlem New York, NY1025 $ / ft²
Windmill Farm Armonk, NY385 $ / ft²
Bedford Village Bedford, NY227 $ / ft²
Chelsea New York, NY199 $ / ft²
West End Fishers Island, NY141 $ / ft²
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