The Gramercy Arms, a distinguished Art Deco condominium, stands as a testament to the enduring charm of 1920s New York architecture. Completed in 1928, this 10-story building houses 92 units, offering residents a slice of history in one of Manhattan's most coveted neighborhoods. Located just steps from the iconic Gramercy Park, the building's exterior features decorative metalwork and brickwork, embodying the vertical emphasis characteristic of the Art Deco style. The Gramercy Arms provides a tranquil retreat from the bustling city streets while maintaining proximity to the vibrant energy of nearby Union Square and the culinary delights of Irving Place and Park Avenue South.
Versatile layouts with pre-war character
The Gramercy Arms offers a range of living spaces to suit various needs, from cozy one-bedroom apartments to spacious three-bedroom residences. One-bedroom units, spanning 550 to 650 square feet, are priced between $725,000 and $765,000. These homes feature hardwood floors, beamed ceilings, and large windows that flood the spaces with natural light. Many units boast wood-burning fireplaces, adding a touch of warmth and character to the living areas.
For those seeking more space, three-bedroom apartments are available for around $2,550,000. These larger residences often include multiple bathrooms and expansive living areas, perfect for entertaining or accommodating growing families.
Throughout the building, pre-war details abound, including arched entryways, French doors, and elegant fixtures. Kitchens in many units have been updated with modern appliances, custom cabinetry, and high-end finishes such as granite countertops and marble backsplashes. Bathrooms often feature classic subway tiles and deep soaking tubs, blending vintage charm with contemporary comfort.
Some apartments offer stunning views of the surrounding neighborhood, including glimpses of Gramercy Park or the historic Calvary Church steeple. Many units have been thoughtfully renovated to maximize storage space, with custom closets and built-ins throughout. The combination of pre-war architecture and modern updates creates homes that are both stylish and functional, catering to the discerning tastes of Gramercy Park residents.
Classic comforts with modern conveniences
The Gramercy Arms offers a curated selection of amenities designed to enhance the living experience of its residents. The building is serviced by a live-in resident manager, ensuring prompt attention to any maintenance needs or concerns. A recently renovated lobby welcomes residents and guests, showcasing the building's blend of historic charm and contemporary style.
For those who prefer two-wheeled transportation, a bike storage room provides a secure space to keep bicycles. Laundry facilities within the building offer convenience for day-to-day living. Additional storage units are available for residents who need extra space, perfect for seasonal items or rarely used belongings.
The building's elevator system has been modernized to ensure smooth and efficient vertical transportation. A video intercom system adds an extra layer of security, allowing residents to screen visitors before granting access to the building.
Pet owners will appreciate the pet-friendly policy of the Gramercy Arms, making it possible to share their homes with furry companions. The building's proximity to nearby parks provides ample opportunity for daily walks and outdoor play.
While the Gramercy Arms may not offer the extensive amenity packages found in some newer developments, its focus on essential services and its prime location more than compensate, providing residents with a comfortable and convenient lifestyle in one of Manhattan's most desirable neighborhoods.
A storied enclave with modern allure
The Gramercy Park neighborhood is renowned for its blend of historic charm and contemporary vibrancy. At its heart lies the eponymous Gramercy Park, a private, fenced-in green space accessible only to residents of the surrounding buildings. While the park itself may be off-limits to most, its presence contributes to the area's serene atmosphere and lush streetscapes.
Culinary enthusiasts will find themselves in paradise, with an array of acclaimed restaurants within easy reach. Gramercy Tavern, a Danny Meyer institution, offers refined American cuisine in a warm, tavern-like setting. For those craving Italian flavors, Maialino serves up Roman-inspired dishes in a trattoria-style environment. Union Square Cafe, another Meyer establishment, is celebrated for its seasonal American fare and impeccable service.
Art and culture thrive in the neighborhood, with Fotografiska, a contemporary photography museum housed in a stunning Renaissance Revival building, just steps away from the Gramercy Arms. The museum's rotating exhibitions and rooftop cafe make it a popular destination for both locals and visitors.
Food shopping is a breeze with several high-quality options nearby. Whole Foods and Trader Joe's provide a wide selection of organic and specialty items, while the Union Square Greenmarket, open four days a week, offers fresh produce, artisanal cheeses, and locally sourced meats from regional farmers.
For everyday conveniences, the area is well-served by a variety of shops and services along the bustling corridors of Park Avenue South and Third Avenue. The proximity to Union Square and the Flatiron District expands the range of shopping and dining options even further, ensuring that residents of the Gramercy Arms have everything they need within easy reach.
The neighborhood's central location makes it an ideal base for exploring other parts of Manhattan. A short walk brings residents to the East Village, known for its eclectic dining scene and vibrant nightlife, or to the NoMad area, home to the original Shake Shack and the trendy Ace Hotel.
Despite its proximity to some of Manhattan's busiest areas, Gramercy maintains a distinctly residential feel. Tree-lined streets, historic brownstones, and well-maintained small parks contribute to a sense of tranquility that's rare in the heart of the city. This unique blend of serenity and accessibility makes Gramercy one of New York's most coveted neighborhoods, offering residents of the Gramercy Arms the best of both worlds.
Unparalleled connectivity in the heart of Manhattan
The Gramercy Arms enjoys an enviable location with excellent access to public transportation, making it easy for residents to navigate the city and beyond. The 23rd Street station, served by the 6 train, is less than a five-minute walk from the building, providing quick access to the Lexington Avenue line. This line runs along the east side of Manhattan, offering swift connections to Midtown, the Upper East Side, and Lower Manhattan.
Just a few minutes further, the 23rd Street station for the N and R trains provides additional options for travel, particularly to the west side of Manhattan and into Brooklyn. For those needing to reach a wider array of destinations, the 14th Street-Union Square station is about a 10-minute walk away. This major transit hub is served by the 4, 5, 6, L, N, Q, and R trains, making it possible to reach virtually any part of Manhattan or the outer boroughs with ease.
For travel to New Jersey, the PATH train station at 23rd Street is approximately a 10-minute walk from the Gramercy Arms. This line provides direct service to Hoboken and Jersey City, as well as connections to Newark and other parts of New Jersey.
While the neighborhood's high walkability score means that many daily errands and activities can be accomplished on foot, cyclists will appreciate the area's bike-friendly infrastructure. Numerous Citi Bike stations in the vicinity offer a convenient option for short trips or recreational rides.
For those traveling further afield, the building's central location provides relatively quick access to the city's major airports. LaGuardia Airport is about a 20-minute drive, while both John F. Kennedy International and Newark Liberty International airports can typically be reached in about 25 minutes by car, traffic permitting.
The abundance of transportation options, combined with the neighborhood's inherent walkability, ensures that residents of the Gramercy Arms can easily access all that New York City has to offer, whether for work or leisure. This exceptional connectivity is a significant asset, contributing to the building's appeal and the overall quality of life it provides to its residents.
Collateral AnalyticsCollateral Analytics
Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.
Black Knight®Black Knight
Black Knight’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.
First AmericanFirst American
First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.
Quantarium
Current List Price
Sold Price
Area Factors
Low Crime
Crime Score®
3/ 10
Biker's Paradise
Bike Score®
91/ 100
Walker's Paradise
Walk Score®
100/ 100
Rider's Paradise
Transit Score®
100/ 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score
WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.
Parks in this Area
Madison Square Park
5 min walk
Dog Park
Picnic Area
Playground
Peter's Field
7 min walk
Basketball
Multi-Purpose Field
Union Square Park
7 min walk
Dog Park
Picnic Area
Trails
Augustus St. Gaudens Playground
8 min walk
Basketball
Playground
Stuyvesant Square
10 min walk
Dog Park
Trails
Events
Chelsea Green
11 min walk
Picnic Area
Playground
Waterpark
Vincent F Albano Jr Playground
12 min walk
Playground
Bellevue South Park
12 min walk
Basketball
Dog Park
Volleyball
Asser Levy Playground
14 min walk
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.
