3 Gramercy Park West

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.

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.

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.

Market read. Most recent trades (2019) cleared a median $2,248/sf across 1 sale. Median listing discount 8.6% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

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.

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.

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.

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 Roebling Team at Compass works the Gramercy Park perimeter closely, including the small, historic, rarely available houses on the park's west side. We publish this profile because a nine-unit landmark co-op trades on factors generic commentary misses — the architecture, the key, the scarcity, and the apartment-level specifics of a subdivided 1846 house.

If you're considering a purchase or sale at 3 Gramercy Park West, a 30-minute consultation is the right starting point. We'll bring the building-specific context this page provides plus the transactional specifics your situation requires.