Manhattan condos · below 96th $1,600/sf 2%Manhattan co-ops · below 96th $270K/room 2%Central Park perimeterPark Ave $472K/room 18%CPW $355K/room 5%Fifth Ave $501K/room 19%Billionaires' Row $4,313/sf 24%Flatiron $1,769/sf 3%
Full index →
Cooperative · 1962
Gramercy Plaza
130 East 18th Street, New York, NY 10003
Buildings·Gramercy·Cooperative

Gramercy Plaza (130 East 18th Street)

130 East 18th Street, New York, NY 10003

Gramercy Park

BBL 1008730019 · BIN 1017843

CorridorGramercy
At a glance
Year built
1962
Type
Cooperative
Landmark
Designated
Pets
Pets permitted (cats and dogs), subject to board approval for purchasers
The Data Room

Every recorded sale at this building, 2003–2026

Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.

1BR median
$855K
Recent range
$490K – $3M
Listing discount
2.1%
Recorded transfers
255
Considering a sale?

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.

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

Carbon-penalty exposure
🟠
Material — penalties in current period, escalating in 2030
2024–2029 annual penalty
$35,813/yr
2030–2034 annual penalty
$170,520/yr
Per unit / month range
$11 – $52

Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.

See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
SWARMP
What this means for you

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.

Inspection history
2005–10
Safe
2010–15
Safe
2015–20
Safe
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2029
Assessed · 2005–10 to 2020–25
$14,000 in filing penalties
payment status not in the record
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs required before the next inspection cycle.
UnsafeLatest filing: unsafe conditions requiring corrective action.
How to read this, and where it comes from

QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).

Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.

Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.

See the full facade history →

Management & transfer contacts

Managing agent
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
Transfer facts compiled by The Roebling Team · as of 2026-07. Confirm current policies and fees with the managing agent before contract.

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. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.

DateUnitApartmentPricePPSFvs. Ask
Aug 13, 20266X
4 BR · 3 BA
$2,995,000-4.9%
Jul 30, 202616A
1 BR · 1 BA
$885,000+2.3%
Jun 17, 202614J
1 BA · 500 sf
$550,000$1,100/sf-3.3%
Feb 11, 20268N
1 BR · 1 BA
$700,000-3.4%
Feb 5, 202614G
1 BR · 1 BA
$799,000+0.0%
Jan 12, 20262R
1 BA
$535,000-2.6%
Oct 31, 202514B
1 BR · 1 BA
$1,100,000-3.9%
Oct 28, 20251G
1 BR · 1 BA
$937,000-1.3%

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.

4P · 600 sf+81%
$430,000 ($782/sf) 2010$750,000 ($1,364/sf) 2017$780,000 ($1,300/sf) 2020
6G+78%
$535,000 2006$950,000 2018
12E · 800 sf+68%
$765,000 2009$1,225,000 ($1,531/sf) 2014$1,287,500 ($1,609/sf) 2016
14P+67%
$366,000 2005$610,000 2023
8B+62%
$510,000 2009$750,000 2014$825,000 2025

Other recent transfers

DateUnitPrice
Sep 8, 20178R$600,000
Jul 6, 20176D$906,000
Dec 9, 200912K$350,000
Jun 26, 20038P$655,000
View all 255 recorded transfers, sortable

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:

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Gramercy — read The Roebling Team Guide to Gramercy.

Preparing a board package for this building?

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.

How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.

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.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com