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Historic Triplex Townhouse
New
For Sale
$24,800,000

11 Gramercy Park S, New York, NY 10003

Historic townhouse currently arranged as three residences with Gramercy Park access and preserved architectural details.

Property Size12,250 SF
Days on Market5

Property Features for 11 Gramercy Park S

General Information

Standard status Active
Size 12,250 SF
Property subtype Multi Family

Additional Details

Public Transit Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $90,648

Building Details

Building Size 12,250 SF
Year Built 1900
Buildings 1
Stories 5
Units 3
Listing Agency: Compass
Listed By: Stephen Ferrara
Source: Elliman
Added: Sep 15 Changed: Sep 18 Last Checked: Sep 19 at 10:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

This five-story, approximately 27-foot-wide historic townhouse at 11 Gramercy Park S is currently configured as three residences. The existing owner’s triplex occupies the garden, parlor, and third floors, while the upper levels contain two restored duplex residences. Original wood-burning fireplaces, hardwood floors, high ceilings, oversized windows, and substantial entertaining rooms remain throughout. The parlor level features approximately 14-foot ceilings and views toward Gramercy Park, while the garden level includes an eat-in kitchen, private patio, and garden exposure.

The property sits directly on Gramercy Park and includes access through Gramercy Park keys. Its current layout supports continued multi-residence use, while the existing configuration provides a basis for a single-family conversion. The address records a 99 Walk Score, 100 Transit Score, and 89 Bike Score. Built in 1900, the townhouse combines preserved period character with flexible residential organization.

Key Highlights

  • Five‑story townhouse approximately 27 feet wide
  • Directly on Gramercy Park with access through Gramercy Park keys
  • Currently configured as three residences

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Nursing Home Auto Parts Store Auto Repair Shop Buffet Adult Day Care Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

50,664
Businesses Nearby

Demographics for 10003, NY

57,076
Population
30,730
Households
1.9
Avg Household Size
32
Median Age
82%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
95,127
Density / Sq Mi
$153,750
Median Household Income
$82,560
Median Earnings
$2,772
Median Rent
$1,137,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Historic townhouse currently arranged as three residences with Gramercy Park access and preserved architectural details.
Where is this triplex located?
The property is located at 11 Gramercy Park S New York, NY.
What is the asking price?
The asking price for this property is $24,800,000.
What are key features of this property?
This property features: Five‑story townhouse approximately 27 feet wide; Directly on Gramercy Park with access through Gramercy Park keys; Currently configured as three residences
More about this property
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