3 Gramercy Park West, Manhattan
Co-op · 6 units · built c. 1847 · Block 876, Lot 12.
Building permits
- Alteration, filed Aug 18, 2023, estimated cost $42K, described as “Plumbing work to penthouse apartment, 3RD & 4THFLOOR, in existing multiple dwelling residential building as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Aug 14, 2023, estimated cost $50K, described as “Structural work as per plans filed herewith. no change to use, egress or occupancy.”
- Alteration, filed Aug 14, 2023, estimated cost $24K, described as “Removal a 3/4-ton vrf, ductless split system, addition of two 4-ton, multizone vrf split systems, a kitchen exhaust and make-up air system, and an erv. No change of use, occupancy or egress under this application.”
- Alteration, filed Aug 4, 2023, estimated cost $130K, described as “Renovation of penthouse apartment, 3RD & 4THFLOOR, in existing multiple dwelling residentialbuilding as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Jul 5, 2022, estimated cost $5K, described as “Hereby filing for the installation of mechanical equipment for unit 1R. No change to use occupancy or egress.”
- Alteration, filed Jul 5, 2022, estimated cost $170K, described as “Hereby filing filing for the interior renovation of existing apartment #1R. No change to use occupancy or egress.”
- Alteration, filed Jul 5, 2022, estimated cost $16K, described as “Hereby filing for the installation, replacement, relocation and removal of fixtures, no change to use occupancy or egress.”
- Alteration, filed Oct 9, 2019, estimated cost $5K, described as “Installation of pipe scaffold as per plan”
Property taxes
- Assessment
- $1,935,000
- 2026–27 tax
- $138,874
- Market value (city estimate)
- $4,300,000
- Taxable value
- $1,116,440
- Assessed land
- $508,500
- Assessed improvements
- $1,426,500
Zoning
R7B: floor area ratio 2.57 built, 3.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jun 13, 2025: $900,000
- Mar 8, 2022: $5,000,000
- Feb 8, 2022: $2,861,000
- Feb 11, 2020: $900,000, Apt 1F
- Nov 21, 2019: $5,700,000
- Oct 11, 2019: $4,495,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Landmarks
Part of Gramercy Park Historic District (Historic District). 27 Landmarks Preservation Commission permits are on file.