The Gramercy East

The Gramercy East is a condo located 312 East 22nd Street, in Gramercy Park, New York. The building was first built in 1910 and is 114 years old. The lot that the building was built on is 41 feet wide and 98 feet long. The official lot area is listed as 3,569 square feet. In total, 312 East 22nd Street has a total floor area of 20,335 square feet. Of that, 20,335 square feet are used for residential purposes. There are a total of 15 units. Of those, 15 are residential units. There are no commercial units in this building. 312 East 22nd Street has a total of 5 floors.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. Better yet, washer and dryers are allowed in each unit. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 58 closings on record, of which we have matching data for 10 listings. In the past 3 years, a listing in this building will typically remain on the market for about 113 days Meaning, listings tend to sell at a median of $1,309 price per square foot. The transaction that took the longest to complete was unit PHC, listed on Nov 02, 2015 for $2,995,000. This particular unit ultimately sold 275 days later for $2,075,000. The most recent transaction was for unit PHA, which was first advertised on Mar 01, 2022, sold for $3,175,000 on Jul 21, 2022. Fun fact, the oldest transaction we have on record took place on Dec 07, 1987. See the full transaction history for The Gramercy East below.

Gramercy Park, where 312 East 22nd Street is located, has a median asking price of $2,000,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,890,000. For interested buyers, that means the building's median asking price is around 0.06% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $2,000,000. It is a 2-bedroom and 2-bathroom unit.