Gramercy Plaza (130 East 18th Street)
130 East 18th Street, New York, NY 10003
Gramercy Park
BBL 1008730019 · BIN 1017843
- Year built
- 1962
- Type
- Cooperative
- Landmark
- Designated
- Pets
- Pets permitted (cats and dogs), subject to board approval for purchasers
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median
- $853K
- Recent range
- $490K – $1.6M
- Listing discount
- 2.1%
- Recorded transfers
- 253
Gramercy Park is one of Manhattan's most prized residential addresses precisely because it is so hard to live on — the park itself is private, the surrounding blocks are protected by a historic district, and the prewar co-ops that ring the square trade infrequently and on strict terms. Gramercy Plaza, at the corner of East 18th Street and Irving Place, offers something the park's immediate frontage rarely does: a full-service building at meaningful scale, with regular turnover and a practical postwar floor plate, a half-block from the green.
Completed in 1962 and converted to cooperative ownership in 1984, the building pairs the cachet and walkability of the Gramercy/Irving Place setting with the elevator-building practicality of postwar construction — the ceiling heights, light, and efficient layouts of a mid-century structure rather than the smaller, more idiosyncratic prewar layouts found in the older buildings nearby. For a buyer who wants to live at the edge of Gramercy without paying the scarcity premium of a small prewar co-op directly on the park, it is one of the most sensible entry points in the corridor.
Irving Place itself is part of the appeal — a quiet, low-rise spine running south from the park, lined with restaurants and townhouses, with Union Square, the Flatiron District, and the East Side's transit all within a short walk.
Architecture and unit composition
Gramercy Plaza is a 16-story postwar brick cooperative of roughly 271 apartments, organized around a planted courtyard with a large roof terrace above. Its character is the restrained, well-built mid-century idiom of its 1962 vintage — balconied lines on some exposures, efficient elevator-building circulation, and the kind of light-filled, regular floor plans that suit a broad range of households.
The unit mix runs the postwar range, from studios and one-bedrooms through two-bedroom family layouts. At this scale across a single co-op, turnover is steady, and the building offers genuine access to a Gramercy-adjacent co-op address — a meaningful contrast to the tightly held prewar stock on and around the park itself.
Building operations
This is a full-service cooperative. A 24-hour doorman staffs the lobby, with a live-in superintendent on site, and the building offers a planted courtyard garden, a large common roof terrace, a central laundry room, and an on-site parking garage — a deep amenity set for a Gramercy co-op and a practical draw for a household that wants services and outdoor space close to the park.
Carrying costs are expressed as monthly maintenance, which covers the building's underlying mortgage, real estate taxes, staff, heat, and operations. The building permits pets (cats and dogs, subject to board approval) and subletting under co-op rules, but does not permit pied-à-terre use. As with any co-op, the board's financial policies — financing limits and any flip tax — vary by amendment and should be confirmed at offer stage. Buyers should review the co-op's financial statements, reserve position, and any assessment or capital-project history during due diligence; the Roebling Research Library maintains current building materials for clients.
Local Law 97
- 2024–2029 annual penalty
- $35,813/yr
- 2030–2034 annual penalty
- $170,520/yr
- Per unit / month range
- $11 – $52
Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →Management & transfer contacts
- Sublet policy
- Allowed; 3 yrs primary residency; fee 25/30/35% maintenance yrs 1-3
- Notable fees
- Max financing 80%; no trust purchases; sale fees incl $1,250 working capital
Recent sales
Because Gramercy Plaza is an approximately 271-unit cooperative, turnover is regular rather than rare — several apartments typically change hands in a given year across the studio, one-bedroom, and two-bedroom tiers. As a co-op, pricing is best read on a per-room and per-line basis rather than strictly on price per square foot: studios and one-bedrooms anchor the entry tier, with higher floors, better exposures, and renovated apartments commanding premiums. The on-site garage, courtyard, and roof terrace broaden the building's appeal relative to smaller buildings nearby. Our sales view for the building reflects recorded transfers as they post.
Recent transfers at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jun 17, 2026 | 14J | 1 BA · 500 sf | $550,000 | $1,100/sf | -3.3% |
| Feb 11, 2026 | 8N | 1 BR · 1 BA | $700,000 | -3.4% | |
| Feb 5, 2026 | 14G | 1 BR · 1 BA | $799,000 | +0.0% | |
| Jan 12, 2026 | 2R | 1 BA | $535,000 | -2.6% | |
| Oct 31, 2025 | 14B | 1 BR · 1 BA | $1,100,000 | -3.9% | |
| Oct 28, 2025 | 1G | 1 BR · 1 BA | $937,000 | -1.3% | |
| Sep 12, 2025 | 11G | 1 BR · 1 BA | $855,000 | -5.0% | |
| Jul 31, 2025 | 3K | 1 BA | $500,000 | +0.0% |
Market read. Most recent trades (2026) cleared a median $1,141/sf across 1 sale. Median listing discount 1.1% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Sep 8, 2017 | 8R | $600,000 |
| Jul 6, 2017 | 6D | $906,000 |
| Dec 9, 2009 | 12K | $350,000 |
| Jun 26, 2003 | 8P | $655,000 |
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00873-0019) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.
What to know if you’re buying
You're buying location plus services near the park. The draw is a full-service postwar co-op a half-block from Gramercy Park and Irving Place, with a courtyard, roof terrace, and garage — amenities the small prewar buildings on the park rarely offer.
It's a co-op — underwrite the board terms. Expect a board package and interview, and confirm the financing limit and flip tax (if any) before you commit. Note that subletting is permitted under co-op rules but pied-à-terre use is not.
Focus diligence on the apartment and the building's finances. Floor, exposure, line, and renovation state drive value; confirm monthly maintenance and what it covers, and review the co-op's reserves and any assessment history.
Check the mansion tax thresholds where they apply. Run any purchase through the Mansion Tax Calculator.
What to know if you’re selling
Lead with the Gramercy/Irving Place setting and the service package. Proximity to the park, the courtyard and roof terrace, the garage, and the doorman are the rational reasons buyers choose this building over a smaller co-op nearby.
Position each apartment on exposure and condition. Renovated kitchens and baths command premiums in this postwar inventory, and higher-floor and better-exposed lines should be benchmarked against the best comparable apartments in the building.
Prepare a clean board package. Co-op sales move on the quality of the application and the buyer's financials; a well-prepared package and realistic pricing against in-building comparables keep the process moving.
Comparable buildings
If you're weighing Gramercy Plaza, these nearby Gramercy and East Side co-ops and condos make a useful comparison set:
- 200 East 16th Street — a Gramercy/Stuyvesant Square–edge residential building
- 200 East 20th Street — a full-service building near the park
- 117 East 18th Street — a nearby Gramercy co-op
- 205 Third Avenue (Gramercy Park Towers) — a larger postwar Gramercy cooperative
- 121 East 22nd Street — a Gramercy residential building a few blocks north
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Gramercy — read The Roebling Team Guide to Gramercy.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
Considering a move at Gramercy Plaza?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Gramercy Plaza would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.