324 E 18TH Street
$3,600,000
MLS# RLS20107688 · Gramercy Park
Listed August 5, 2026 · 97 days on the market
4 Beds 5 Baths 3,864 Sq.Ft.
About This Property
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.
Agent's Note
From Curtis Bain. Details about the apartment are drawn from the listing information provided through RLS by Brown Harris Stevens Residential Sales LLC.
A 21-foot-wide brick townhouse built in the late 1800s, 324 East 18th Street has more than 3,800 square feet across four floors, plus a cellar and a large private garden. The house was delivered vacant, which leaves the next owner free to decide how it's laid out and used.
The structure is about 21 feet wide by 46 feet deep, on a lot 92 feet deep. Four floors stacked on that footprint give each level its own separation from the others, which is one of the things a townhouse does well. Each floor is a flight of stairs from the next, and the upkeep of the building falls to the owner, so that's part of the picture with a house like this.
Much of the exterior work is recent. There's a newly installed roof, several newly replaced windows, and new brickwork on both the front and rear facades, with a hydrophobic protective coating over the masonry.
In the city, a private garden is a real amenity, and this house has one along with more than 60 square feet of private outdoor space. The house also includes an in-unit washer/dryer, a daily convenience in New York.
The block sits around the corner from Stuyvesant Square, about a minute's walk away. The L at 1 Av and 3 Av is about 6 minutes on foot, and the 4, 5, 6, N, Q, R, W and L trains at Union Square are about 11 minutes away. Gracefully, a supermarket, is about 3 minutes on foot.
The listing includes a proposed floor plan for a single family home with four bedrooms and an elevator, offered as an example of what the house could become.
Quick answers+
Does the property have private outdoor space?
Yes. It has a private garden and more than 60 square feet of private outdoor space.
Does the home have in-unit laundry?
Yes. The home has an in-unit washer/dryer.
Are pets allowed?
Yes, pets are allowed. The house is also smoke-free.
Curtis Bain
Brown Harris Stevens
Property Features
Policies
- Pets allowed
- Smoke-free
Home features
- Washer/dryer in unit
- Private garden
- Private outdoor space (over 60 sq ft)
Building amenities
Services and facilities
- Green building
Estimate
Monthly Cost & Closing Costs
The rate is a placeholder, not a quote. Enter the one your lender gives you.
$21,340 / month
- Principal and interest$18,204
- Property taxes$3,136
Due at closing
- Down payment (20%)$720,000
- NYS “mansion tax” (1.5%)$54,000
- Mortgage recording tax (1.925%)$55,440
Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.
Location & Nearby
Map
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324 E 18TH Street
Subway
- L1 AvAbout 6 min walk · Accessible
- L3 AvAbout 6 min walk
- 456LNQRW14 St-Union SqAbout 11 min walk · Accessible
- 623 St-Baruch CollegeAbout 12 min walk · Accessible
Parks
- Stuyvesant SquareAbout 1 min walk
- Asser Levy PlaygroundAbout 8 min walk
- Bellevue South ParkAbout 11 min walk
Public schools · Elementary schools
- P.S. 40 Augustus Saint-GaudensAbout 2 min walk
- Success Academy Charter School - Union Square · CharterAbout 7 min walk
- The 47 American Sign Language & English Lower SchoolAbout 8 min walk
Middle schools
- M.S. 255 Salk School of ScienceAbout 2 min walk
- J.H.S. 104 Simon BaruchAbout 3 min walk
High schools
- High School for Health Professions and Human ServicesAbout 3 min walk
- Institute for Collaborative EducationAbout 3 min walk
Colleges & universities
- Beth Israel Medical CenterAbout 3 min walk
- Baruch College (CUNY)About 9 min walk
- St. John's University (Manhattan)About 13 min walk
- The Cooper UnionAbout 17 min walk
Museums
- Museum of Food and DrinkAbout 10 min walk
- The Ukrainian MuseumAbout 16 min walk
- Ukrainian MuseumAbout 16 min walk
- Yeshiva University MuseumAbout 18 min walk
Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.
The Neighborhood
About Gramercy Park
An exclusive enclave of prewar elegance centered around Manhattan's only private park.
Walkability
9/10
Public transit
9/10
Schools
8/10
Dining
9/10
Groceries & parks
8/10
Schools in Gramercy Park
Friends Seminary, one of the oldest continuously operating schools in NYC, anchors a strong education pipeline. Proximity to the East Side provides access to additional elite private school options.
Private schools in the area include Friends Seminary.
Gallery
Property Photos
Listing Courtesy of Brown Harris Stevens Residential Sales LLC
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.