- Year built
- 1846
- Type
- Cooperative
- Units
- 9
- Floors
- 4
- Landmark
- Designated
Every recorded sale at this building, 2005–2025
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- Recent range
- $900K – $900K
- Listing discount
- 4.3%
- Recorded transfers
- 9
3 Gramercy Park West is part of the single most photographed stretch of Gramercy: the row of 1840s Greek Revival houses on the park's west side, famous for the lacy cast-iron verandas that wrap Nos. 3 and 4 and lend the block its New Orleans–in–New York character. Built in 1846 as a matched pair with its neighbor and attributed to Alexander Jackson Davis — the architect of Lyndhurst — the house is among the original residences of Samuel B. Ruggles's Gramercy Park development, the speculative scheme that created the private park and the genteel square around it. The Landmarks Preservation Commission's designation report singles out Nos. 3 and 4 specifically, a measure of their architectural standing.
What makes 3 Gramercy Park West relevant to buyers, rather than only to architectural historians, is that it is a true for-sale cooperative. The mansion was divided into apartments in 1953 and later organized as a co-op, and its nine units trade individually on the open market. So a buyer can own an apartment inside one of the most celebrated houses on Gramercy Park — with the cast-iron veranda at the door, the park key in hand, and the protection of the historic district — at a fraction of the cost of buying one of these houses whole. That combination, park-fronting Greek Revival pedigree available by the apartment, is genuinely rare.
The address carries Gilded Age and twentieth-century history to match its architecture. After it became apartments, residents included the former silent-film actress and author Martha Sleeper; the building also figures in the lore of mid-century creative New York. It is, in short, a small, storied, park-fronting co-op where the architecture and the address do much of the work.
Architecture and unit composition
The house is a four-story Greek Revival townhouse in red brick, distinguished above all by the ornate cast-iron veranda it shares with No. 4 — a delicate, two-story ironwork porch that is one of the defining images of Gramercy Park. The Greek Revival proportions survive at the parlor floor, where ceilings are tall and windows generous.
Subdivided into apartments in 1953, the building now holds nine cooperative residences carved from the original mansion. The layouts vary in scale and character — from smaller upper-floor units to parlor-level apartments with the house's grandest proportions — and reflect a thoughtful conversion of a single-family home rather than a uniform apartment plan. Park-facing rooms look directly across to Gramercy's gated greenery; the veranda itself is among the building's signature features.
Building operations
3 Gramercy Park West is a boutique prewar townhouse cooperative — nine units at an intimate, low-overhead scale rather than a full-service apartment house. The building operates as a small, closely held co-op, and ownership carries the Gramercy Park key. As with all of the park-fronting houses, the building sits inside the Gramercy Park Historic District, so the celebrated cast-iron veranda and the Greek Revival facade are protected and any visible exterior work is subject to Landmarks review.
Local Law 97
This building is below the 25,000 sq ft threshold at which LL97 emissions caps apply. No regulatory capital pressure from this law specifically, current or 2030.
See full Local Law 97 analysis →Recent sales
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 13, 2025 | 1F | 1 BA | $900,000 | +0.0% | |
| Mar 8, 2022 | PH | 3 BR · 3 BA | $5,000,000 | +0.0% | |
| Feb 11, 2020 | 1F | 1 BA | $900,000 | -8.6% | |
| Nov 21, 2019 | PARLOR | 2 BR · 2 BA | $5,700,000 | +0.0% | |
| Oct 11, 2019 | 2 | 3 BR · 2 BA · 2,000 sf | $4,495,000 | $2,248/sf | -9.2% |
| Nov 14, 2008 | 1F | $800,000 | +0.0% | ||
| Aug 17, 2005 | PARLOR | 2 BR | $3,000,000 | +0.0% |
Market read. $/sf is measured on the latest sales with reliable square footage (2019): a median $2,248/sf across 1 sale. The building has traded as recently as 2025. Median listing discount 0.0% from the last ask.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
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 1-00876-0012) 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 into a landmark house by the apartment. Ownership here means a piece of one of Gramercy's celebrated 1846 Greek Revival houses, the cast-iron veranda at the door, and the park key — at apartment, not whole-house, pricing. That is the rare opportunity this building represents.
Inventory is scarce. Nine units means availability is infrequent. When an apartment that fits your brief comes available, act decisively.
Expect boutique operations. This is a small townhouse co-op, not a staffed full-service building. Confirm the co-op's reserves, monthly charges, and any planned capital work — small buildings concentrate costs across few shareholders.
Parlor-floor scale is the prize. The grandest proportions and best light are on the principal floors. If period grandeur is the goal, prioritize those layouts.
Landmarks protection is real. The veranda and facade are protected; visible exterior alterations require LPC review.
What to know if you’re selling
Lead with the architecture and the key. The cast-iron veranda, the A.J. Davis attribution, the 1846 Greek Revival pedigree, and the Gramercy Park key are the marketing story — durable selling points independent of market timing.
Price from the building and the block. With almost no broad comps, pricing should be built from the building's own history, the apartment's floor and condition, and the small park-fronting house trades around the park.
Pace for a connoisseur buyer. The natural buyer wants exactly this — a historic, park-fronting home with character. That audience is narrow but committed; targeted, patient marketing serves it best.
Comparable buildings
If you're considering 3 Gramercy Park West, also evaluate these park-fronting and Gramercy options:
- 1 Lexington Avenue — Herbert Lucas 1910 prewar co-op on the park's northeast corner, with the key
- 34 Gramercy Park East (The Gramercy) — NYC's oldest continuously operating co-op, with the park key
- 36 Gramercy Park East — prewar park-fronting co-op
- 48 Gramercy Park North — 1858 Italianate five-unit brownstone co-op on the park
- 44 Gramercy Park North — 1929 Neo-Gothic co-op on the park's north side
- 60 Gramercy Park North — Emery Roth prewar cooperative near the park
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 3 Gramercy Park West?
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 3 Gramercy Park West 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.