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4 Beds
5 Baths
3,864 sqft

$3,600,000

324 E 18TH Street, New York City NY, 10003

Price per sqft$931.68
Built in1901
Property size3,864 sqft
Property typeMulti-family

Overview

Active

Listed Aug 5, 2026

Updated 3 weeks ago

GRAMERCY TOWNHOUSE OPPORTUNITY

NEW TO MARKET! A fabulous opportunity to secure a 21-foot-wide brick townhouse ideally situated on a picturesque, tree-lined block in coveted Gramercy, around the corner from Stuyvesant Square and moments from Gramercy Park.

Built in the late 1800s and delivered vacant, this exceptional property offers a blank canvas from which to create a magnificent single-family residence or an income-producing investment property, with generous proportions, substantial development potential and the freedom to reconfigure and customize the interiors according to the vision and needs of its next owner.

The existing structure measures approximately 21 feet wide by 46 feet deep and occupies a 21-foot by 92-foot lot, providing more than 3,800 SF across four floors, in addition to a cellar and a large private garden. With more than 5,700 SF of maximum buildable floor area above grade, subject to all applicable approvals, the property offers extraordinary potential for expansion and transformation, whether conceived as a grand private home or a beautifully reimagined multifamily residence. Well prepared for its next chapter, the townhouse benefits from a newly installed roof, several newly replaced windows and extensive recent masonry improvements, including new brickwork on its front and rear facades and the application of a hydrophobic protective coating.

Attached here is a proposed floorplan demonstrating a single family home with 4 bedrooms and an elevator, as an example of what you can create!

Nestled on one of Gramercy's quiet and lush townhouse blocks, 324 East 18th Street offers a rare balance of serenity and urban energy. Stuyvesant Square is around the corner, with Gramercy Park and the National Arts Club just minutes away. Close proximity to Irving Place, Union Square, Lower Fifth Avenue and the East Village provide unparalleled access to some of Manhattan's most compelling dining, shopping and cultural destinations, including Union Square's year-round Greenmarket, multiple seasonal markets and a marvelous Whole Foods. Transportation is abundant with the 4, 5, 6, N, R, W, Q and L trains at Union Square and numerous buses available along Third and Second Avenue. All of downtown living is within easy reach while preserving the quiet character of a leafy Gramercy block.

$23,951/mo

Est. mortgage payment based on a $3,600,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
RLS20107688

Interior Features

Bedrooms
4
Bathrooms
5
Basement
Yes

Exterior Features

Lot Size
0.04 Acres

Other Property Details

Taxes
$37,632
Tax Frequency
Annually
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Listing Courtesy of Brown Harris Stevens Residential Sales LLC -  Daniella Gross Schlisser

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026  The Real Estate Board of New York, Inc., All rights reserved

RLS Data display by Christie's International Real Estate Group. Data last updated on 8/21/2026 at 10:53 PM UTC

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