211 East 18th Street
211 East 18th Street, New York, NY 10003
BBL 1008990008 · BIN 1019581
- Year built
- 1957
- Type
- Cooperative
- Units
- 122
- Floors
- 7
- Landmark
- No
- Pets
- Permitted under house rules (confirm current policy at offer stage)
- Subletting
- Permitted after two years of ownership, subject to board approval
- Pied-à-terre
- Allowed
- Flip tax
- None as of latest reporting; confirm with managing agent at offer stage
Every recorded sale at this building, 2003–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf (floor-adjusted)
- $988
- Listing discount
- 1.7%
- Recorded sales
- 134
- On record
- 2003–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 211 East 18th Street 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.
211 East 18th Street is the kind of building that makes Gramercy work as a place to actually live. It is a seven-story, red-brick postwar apartment house completed in 1957 and converted to a cooperative in 1984 — one of the wave of well-built mid-century rental buildings that became owner-occupied stock in the conversion era, and that today supply much of the neighborhood's full-service, human-scaled inventory. Where the marquee Gramercy Park addresses trade on landmark pedigree and the coveted park key, 211 East 18th competes on a different and, for many buyers, more durable premise: a real doorman building with a garage and a roof deck, at price points that remain within reach of end-users rather than trophy capital.
The building sits mid-block between Second and Third Avenues, across from an attractive row of townhouses, a short walk from Gramercy Park, Stuyvesant Square, and Union Square, with the Flatiron District's restaurants and stores close at hand and strong transit at 14th Street. That location — quiet residential street, deep amenity base, easy access to three parks and multiple subway lines — is the core of the value proposition. Buyers here are typically choosing the neighborhood first and the building's operational reliability second.
Because it is a cooperative, value at 211 East 18th is read in co-op terms, not condominium terms. The relevant frame is price per room, monthly maintenance, the board-approval process, financing limits, and the building's sublet and pied-à-terre policy — not price per square foot. The building's conversion-era structure, its 122 units spread across a mid-rise footprint, and its full-service operation all shape how apartments here are priced and how transactions clear. Understanding the co-op mechanics is the whole game.
Architecture and unit composition
The building presents as a consistent postwar red-brick composition: a canopied, colonnaded, two-step-down entrance, discreet air conditioners, regular fenestration, and a roof deck. It is not an architecturally landmarked structure, and no individually notable architect attaches to it — it is representative postwar residential construction, valued for solidity, light, and layout rather than for design pedigree.
The 122 cooperative apartments run from one-bedrooms through three-bedroom, two-bath layouts, with the larger combinations delivering genuinely family-scaled floor plans uncommon at the building's price band. As with most conversion-era co-ops, many apartments trade without a stated square footage, which is precisely why room count — not price per square foot — is the reliable comparison metric here. A one-bedroom prices as a three-to-four-room apartment; a three-bedroom as a six-to-seven-room apartment, and the market clears on that basis.
Two elevators serve separate halves of the building, with each half carrying its own basement laundry room and bike storage — a practical layout that keeps service infrastructure close to residents. The mid-block, mid-rise siting means light and outlook vary meaningfully by line and floor; buyers should evaluate exposure at the apartment level rather than assume a building-wide view profile.
Building operations
211 East 18th Street operates as a full-service cooperative: full-time doorman and concierge, a resident superintendent, an on-site parking garage, central laundry, bike storage, and a roof deck. That amenity base — particularly the garage and the staffed lobby — is a material differentiator in a neighborhood where much of the competing inventory is smaller, self-managed, or elevator-only.
Monthly maintenance is the primary carrying cost and, in co-op terms, the number that matters most. Maintenance at 211 East 18th is competitive for a full-service Gramercy building; a representative three-bedroom has carried maintenance in the vicinity of $2,600 per month, with a modest building-wide assessment reported in recent periods. As with any cooperative, prospective buyers should review the current financial statements, reserve levels, assessment history, and the underlying mortgage during due diligence — the building's financial health is embedded in the maintenance, not disclosed separately as it would be in a condominium. The Roebling Research Library holds the offering plan, current house rules, and recent financials for review.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $26,368/yr
- Per unit / month range
- $0 – $18
- Modeled exposure split equally across 123 units (the city tax-lot count). Not an assessed amount; co-op shareholders are typically charged by share allocation.
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
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
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.
Recent sales
Sales at 211 East 18th are best read as a stable, end-user cooperative market rather than a speculative one. Because apartments are priced per room and financed within co-op limits, values move with maintenance levels, layout quality, floor, and condition more than with the trophy-market swings that drive the Gramercy Park landmark addresses. Pricing spans a wide range, from one-bedrooms to three-bedrooms. That spread reflects the building's genuine range of room counts, and it is the room count — not any per-square-foot figure — that anchors comparison. Turn-key, well-exposed larger units command the premium; original-condition or lower-floor apartments clear at meaningful discounts to the top of the range.
Recent transfers at this building, from The Roebling Research Library. 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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Aug 27, 2026 | 2P | 1 BR · 1 BA | $810,000 | +0.0% | |
| Aug 26, 2026 | 5D | 1 BA · 450 sf | $400,000 | $889/sf | -5.9% |
| Aug 7, 2026 | 5E | 1 BR · 1 BA · 750 sf | $765,000 | $1,020/sf | -1.3% |
| Jun 23, 2026 | 3R | 1 BR · 1 BA | $830,000 | -2.4% | |
| Mar 31, 2026 | 2W | 1 BR · 1 BA · 700 sf | $680,000 | $971/sf | -2.9% |
| Feb 19, 2026 | 5N | 2 BR · 1 BA · 950 sf | $1,255,000 | $1,321/sf | +4.6% |
| Jun 2, 2025 | 3E | 1 BR · 1 BA | $770,000 | -1.9% | |
| Mar 31, 2025 | 2O | 2 BR · 2 BA | $1,825,000 | +0.0% |
Market read. Most recent trades (2026) cleared a median $988/sf (floor-adjusted) across 4 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 1.7% 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 |
|---|---|---|
| Jun 6, 2009 | 1L | $575,000 |
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 1-00899-0008). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. 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.
Closed rents at 211 East 18th Street, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| Studio | 2 | $3,325 |
| 1 bedroom | 2 | $4,500 |
| 2 bedroom | 4 | $6,700 |
Also $87 per sq ft per year (7 leases that report square footage). 8 closed sublet leases, October 2023 to September 2026. Most recent lease February 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
At the recent median sale of $810K (9 transfers since 2024), a buyer putting 25% down would pay about $11,588 to close, or 1.4% of the price.
- Mansion tax: $0
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $11,588
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
This is a cooperative — underwrite it as one. Value is measured in price per room and monthly maintenance, not price per square foot. Model the full monthly carry (maintenance plus any assessment) and confirm the building's financing limits before you shop.
Board approval is required. Purchases proceed through a board application and interview. Budget for the full package — financials, references, and the interview — and plan your timeline around board scheduling rather than a fixed condo-style closing window.
Financing is capped. The building permits financing up to conventional co-op limits; a down payment on the order of 25% is customary, and buyers should confirm the current maximum-financing percentage with the managing agent before making an offer.
Sublet and pied-à-terre policy is flexible but conditional. Subletting is permitted after two years of ownership with board approval, and pied-à-terre purchases and co-purchasing are permitted with board approval. These policies make the building workable for a wider range of buyers than many stricter Gramercy co-ops, but every use is subject to board discretion — confirm current rules at offer stage.
No flip tax as of latest reporting. Unlike many Manhattan co-ops, 211 East 18th has not carried a transfer flip tax in recent reporting. Confirm the current position with the managing agent, as boards can revise this.
Review the financials. In a co-op, the building's balance sheet is your balance sheet. Review current financial statements, reserves, assessment history, and the underlying mortgage during due diligence.
What to know if you’re selling
Price to the room, and to the comps in the building. Buyers and their attorneys will underwrite on a per-room basis. Position against recent in-building trades at the right room count, floor, and condition rather than against neighborhood per-square-foot headlines.
Prepare the buyer for the board. The strongest offers are from financially qualified buyers who can clear the board. Vet purchaser financials early; a clean board package protects the timeline and the price.
Maintenance is part of the story. Because carrying cost is a competitive lever in a co-op sale, be prepared to present the building's maintenance and assessment position clearly and favorably against comparable full-service Gramercy inventory.
Condition and layout drive the premium. Turn-key, well-exposed larger apartments outperform. Investment in presentation typically returns at this price band.
Comparable buildings
If you're considering 211 East 18th Street, also evaluate:
- 34 Gramercy Park East (The Gramercy) — DaCunha 1883; NYC's oldest cooperative; landmark Gramercy Park address with park key
- 50 Gramercy Park North — Lyons 1925 / Schrager 2004; Gramercy Park trophy peer with hotel services
- 18 Gramercy Park South — nearby Gramercy Park cooperative/condominium peer
- 36 Gramercy Park East — landmark Gramercy Park cooperative peer
- 45 Gramercy Park North — nearby Gramercy Park cooperative peer
More Gramercy buildings
- Gramercy Park Habitat, 205 East 22nd Street — 1896 condominium
- 210 East 15th Street (Parc Fifteen) — 1964 co-op
- Mon Bijou, 210–212 East 17th Street — 1903 co-op
- 215 East 17th Street — co-op
- 220 Third Avenue — 1901 condominium
- 224 East 17th Street — 1855 co-op
The neighborhood
For the full corridor — architecture, 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.
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.
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