$1,577,307Average Value$1,763Average Price per Sq Ft173Homes For Sale
Historic charm meets modern convenience in Gramercy Park
Gramercy Park, named after its private park on 20th Street, combines historic elegance with vibrant city life. While the exclusive gated park is only open to key holders, the neighborhood’s lively atmosphere comes from nearby Union Square and the popular bars and restaurants along Irving Place and Park Avenue South. This part of Manhattan is one of the borough’s most sought-after areas, offering peaceful streets lined with stately brownstones and luxury apartments, as well as easy access to landmarks like the National Arts Club and Gramercy Tavern. Residents enjoy upscale dining, boutique shopping, excellent subway connections and a strong community feel. Real estate prices are among the highest in NYC, and the neighborhood is prized for its safety and prestige.
Park Avenue South runs through the Gramercy Park area.
Gramercy Park is a quiet affluent neighborhood in New York.
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A foodie destination for tourists and locals
A strip of practical stores on 14th Street, including Trader Joe’s, Nordstrom Rack and Whole Foods, covers basic needs, letting Gramercy residents focus on trendier neighborhood haunts. Gramercy Tavern and the bars at Gramercy Park Hotel are beloved neighborhood staples, offering iconic dining and social experiences that embody the area’s historic charm and upscale vibe. Pete’s Tavern, opened in 1864, is the city’s oldest continually operating restaurant; it’s still popular for steaks and elevated bar food. Other favorites of the neighborhood include:
Friend of a Farmer, a leader in farm-to-table dining since 1986
Casa Mono, known for Spanish tapas
Molly’s, which serves heartwarming Irish pub food
Posto, a staple for thin-crust pizza
Union Square Greenmarket, open four days a week, offers a taste of upstate produce. For some local history, the three-story Strand bookstore, opened in 1927, is the go-to stop for a quick mental recharge.
Historic taverns serve residents in Gramercy Park.
Pete's Tavern is the oldest operating bar and grill in Gramercy Park.
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Surprisingly spacious co-ops and exclusive park privileges
Old and new high-rises, which tower over much of Second and Third avenues, are contrasted by brick low-rises on side streets. New development brings a new element to the housing market of Gramercy Park, says Dylan Hoffman, a licensed associate real estate broker with Compass. “The neighborhood has been going through a bit of change over the last 5 to 8 years, as some older tenement-style buildings that may have had vacant apartments are coming down and new condos are coming to the neighborhood. The condos will bring more diversity and ultimately increase property values.” Studio prices can go as low as $350,000, and proper one-bedrooms range from $650,000 to $1.5 million. Co-ops dominate the market, and condos vary widely between $1.5 and $6 million — including much sought-after units that grant access to the gated Gramercy Park. “Co-ops in Gramercy are really large compared to other places in the city,” says Matthew Hakim, a Realtor who’s been selling homes in Gramercy for over 13 years. In the Art Deco Gramercy House building, for example, even studios can have high ceilings and spacious closets or dressing rooms. However, with larger spaces come stricter financial requirements from co-op boards.
Co-ops dominate the market, and condos vary widely in Gramercy Park.
Brownstones are found throughout Gramercy Park in New York City.
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Major subway meet-up
Gramercy brushes up against one of New York City’s busiest transit hubs — Union Square — connecting residents to eight different subway lines that go throughout Manhattan and Brooklyn. “You’re just a block and a half from one of the major hubs for trains and buses,” Hoffman says. “You can easily get to Brooklyn, and most of the subway lines go downtown.” The subway is a slightly farther walk from Second and First avenues, but a high concentration of CitiBike stations, plus buses on every avenue, mean options are always around the corner.
Major transit lines connect Gramercy Park to the city.
The subway is a slightly farther from Second Avenue, located on 23rd and Park Avenue South.
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Gated green spaces, public and private
Gramercy Park proper, which has been closed to the public since 1844, is lovely to peek at through its historic metal gates, but only key-carrying residents of the 39 buildings directly surrounding the park can stroll inside. Beyond this exclusive oasis, the neighborhood enjoys other green spaces that contribute to its serene atmosphere. Union Square Park, just steps away, serves as a vibrant hub with its bustling Greenmarket, lively street performances and inviting amenities like a dog park, playgrounds and plenty of benches shaded by mature trees. These parks offer residents and visitors alike a refreshing escape from the city’s energy.
Gramercy Park locals relax at nearby Union Square Park.
Stuyvesant Square provides dog runs near Gramercy Park.
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A mix of top-rated public and private schools, plus nearby colleges
The Gramercy Park area has a mix of highly rated private and public schools. New York City’s District 2 includes several K-12 schools, including Gramercy Arts High School, which is located on Irving Place. Private schools in the neighborhood include top-rated The Ecole, an independent French American school, and Friends Seminary. Gramercy Park is also close to many higher education institutions. “The neighborhood can have a younger, college feel because of the proximity to The New School, NYU and Baruch College,” Hoffman says, adding that parents who have kids in the nearby colleges will also often buy in the neighborhood.
PS 40 Augustus Saint-Gaudens serves Gramercy Park.
Middle School 104 educates Gramercy Park students.
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
Are you familiar with the Gramercy Park neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Gramercy Park
US
Homicide
5
4
Sexual Assault
4
4
Assault with Weapon
4
4
Robbery
3
4
Burglary
4
4
Motor Vehicle Theft
4
4
Larceny
3
4
Crime Score
2
4
Source: WhatIsMyCrimeRisk.com
Gramercy Park Demographics and Home Trends
On average, homes in Gramercy Park, Manhattan sell after 104 days on the market compared to the national average of 58 days. The median sale price for homes in Gramercy Park, Manhattan over the last 12 months is $1,197,500, up 4% from the median home sale price over the previous 12 months.
This inviting Gramercy studio presents a wonderful opportunity for a first-time buyer or a perfect Manhattan pied-à-terre. The apartment is move-in ready and thoughtfully maintained, while also offering the flexibility to renovate and customize to your personal taste. The efficient layout and natural light create a comfortable living space that can be enjoyed as-is or transformed into a bespoke
SMARTLY RENOVATED ALCOVE STUDIOPerfectly positioned at the intersection of Gramercy and the East Village, this thoughtfully renovated alcove studio offers an efficient layout with impressive functionality and great south-eastern light. Large windows span the length of the home, illuminating a generously proportioned living area with ample room for distinct lounging, dining, and
Luxurious 1 Bedroom at The Gramercy by Starck. This spacious home features floor-to-ceiling windows and oak-wood floors. The modern kitchen is fully equipped with a Sub-Zero refrigerator, double freezer drawers, a Miele oven and cooktop, and a Fisher & Paykel drawer dishwasher. The large bathroom offers a spa-like experience with a soaking tub and separate shower stall, perfect for relaxation. It
Apartment 14H at Park Towers is a refined two-bedroom, one-and-a-half-bath residence distinguished by its beautiful natural light and open Eastern views. This elegant home offers a seamless blend of comfort and sophistication. Upon entry, you are welcomed into an expansive 25-foot living area, thoughtfully designed to accommodate gracious living, dining, and a work-from-home space. The versatile
Welcome to Gramercy Starck, a modern, sun-filled, well- appointed one bedroom conveniently located in one of the best condominiums in Gramercy. This comfortable, one bedroom has an open concept living/dining room with a gourmet chef's kitchen with high end Sub-Zero, Miele and Fisher Paykel appliances. The bathroom includes a rainfall shower, soaking tub and espresso wood vanities
Introducing a rare and beautifully designed 3 bedroom, 2.5 bathroom duplex with an expansive private garden, offering the privacy of a townhouse and the convenience of a condo. With 2,146 interior square feet, this home blends warm materials and contemporary design with exceptional indoor outdoor living. Benefitting from floor to ceiling windows and glass doors, the home is flooded
THE APARTMENT This South-facing 1 Bedroom 1 Bathroom apartment situated in a prime Union Square location features recently renovated floors, a layout with no wasted space and TWO walk-in closets! Washer & dryer can be added to the unit. Assessment details: $116.57, Fannie Mae: $109.56. THE BUILDING Zeckendorf Towers is a luxury smoke-free condominium in the heart of Union Square that offers
Meticulously renovated with elevated modern finishes throughout, this oversized 567 SF studio offers a true “brand-new” living experience, complete with hardwood floors. A wide-open kitchen with a breakfast counter seamlessly integrates into the living area, creating an airy and cohesive layout. A generously proportioned, elongated foyer provides a versatile footprint—ideal for additional
18th Floor Corner — Southwest Exposure — Highest Unit in the Line The highest residence in this line of the building, with nothing above it. Eighteen floors of unobstructed southwest exposure, extraordinary natural light from two full window walls, and views that remain open and luminous throughout the day — all paired with a rare sense of tranquility and separation from the city below. The
Residence 15B at 242 East 19th Street is a rare and tranquil corner two-bedroom cooperative, rich with pre-war character and gracefully perched on the 15th floor. Bathed in natural light and enjoying open, unobstructed views, the home rises above t he streets of Gramercy Park, offering both serenity and scale. A gracious foyer with a generously sized coat closet creates a warm and
Occupancy Summer 2027 | Sales Presentations by Appointment OnlyIntroducing 67 Irving PlaceIn the heart of historic Gramercy Park on one of Manhattan’s most cherished and architecturally storied blocks, 67 Irving Place is an exclusive collection of private residences with interiors by Morris Adjmi. This 1910 Beaux Arts former printing factory has been thoughtfully reimagined into
Soaring Ceilings! Expansive Private Terrace! Dramatic Triplex Loft Condo! A truly one-of-a-kind triplex loft featuring soaring double-height ceilings, oversized windows, and an expansive private terrace in the historic Rutherford Place. Located in the heart of Gramercy, this stunning two-bedroom, two-bathroom condominium seamlessly blends prewar architectural grandeur with modern luxury, and even
Spacious 1-bedroom residences at 240 E 23rd St, available furnished or unfurnished to fit your needs. Ideally located near the 6 train and NYU College of Dentistry, with easy access to multiple restaurants and bars along 3rd Avenue. Enjoy comfortable city living in a convenient Gramercy location.
Discover the best of New York, with this studio apartment in Gramercy Park with balcony views over the city. It’ll be easy to simply show up and start living in this furnished apartment with its fully equipped kitchen, living room, and our dedicated, on-the-ground support. (ID #NYC279)The advertised rate of $5,590/month is the lowest available price, based on a 11 month(s) and 29 day(s)
The advertised rate of $4,440/month is the lowest available price, based on a 30 day(s) stay with a move-in date of December 22, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can
The advertised rate of $14,920/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 14, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be
Contact me for a videoStunning 2-Bedroom Residence in the Heart of Gramercy/Washer and Dryer/ Outdoor SpaceWindows in every room/ Full wall allowed Experience elevated city living in this beautifully renovated Flex 2-bedroom, 1-bath residence located in a boutique full-service building in the heart of Gramercy. Perfectly positioned just south of 23rd Street, this exceptional home places you
$800 off any move-in by September 15 with an 8+ month stay — use code HELLOSUMMER! Planning your 2026-2027 academic stay? Book 9 months and pay our lower 12-month rate. Use code FALL2026.2 bedroom in Gramercy on flexible lease terms.This 2 bedrooms / 1 bath apartment on the Gramercy offers flexible lease lengths, including a standard 12-month term
FLEX 2 bathroom apartment with floor-to-ceiling, large square casement windows, and features beautiful solid white oak floors which create a warm, comfortable, bright and airy atmosphere. A foyer leads to the open living/dining room where functionality and beauty tie together seamlessly in the design of the kitchens with white quartzite countertops, silver travertine backsplashes and open
Available. Flex 3 This spacious, sunlit prewar home has a renovated eat-in kitchen with stainless steel appliances, a dishwasher, renovated bathrooms, as well as ample living and closet space. The home also has a decorative fireplace and beamed ceilings. The unit is located in a part-time doorman building with an elevator, laundry, and roof deck. Conveniently located near the 6 train, Gramercy
The advertised rate of $10,707/month is the lowest available price, based on a 30 day(s) stay with a move-in date of January 22, 2027.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can
Convertible 2 Bedroom This beautifully restored apartment combines historic charm with modern living. Original features such as hardwood floors, intricate moldings, and antique fixtures have been thoughtfully preserved, giving the space a unique and authentic feel. The high ceilings and oversized windows add to the airy, spacious vibe, while modern upgrades like energy-efficient lighting and
The advertised rate of $5,028/month is the lowest available price, based on a 30 day(s) stay with a move-in date of January 9, 2027.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be
Discover the best of New York, with this one bedroom apartment in Gramercy Park with balcony views over the city. It’ll be easy to simply show up and start living in this furnished apartment with its fully equipped kitchen, living room, and our dedicated, on-the-ground support. (ID #NYC1181)The advertised rate of $9,740/month is the lowest available price, based on a 12 month(s) stay
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