PRICE REDUCED! Situated high above the sights and sounds of Union Square, this renovated split-two-bedroom, two-bathroom condominium offers the perfect combination of pe...
IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2018 REBNY Listing Service, Inc. All rights reserved.
Gramercy is a famously exclusive neighborhood that has a history of hosting some of the city’s most well-known and elite residents. The neighborhood is located in the borough of Manhattan. Gramercy is centered around the exclusive Gramercy Park, which sometimes causes the neighborhood to give off an elite and exclusive presence to outsiders. However, residents of Gramercy also know it to be a wonderful, friendly and charming community perfect for families, retirees, and everyone in between.
The Real Estate
The whole neighborhood is a historic district, offering beautiful brownstones and Victorian style architecture, as well as spacious and elegant apartments to potential buyers and investors. The real estate in the neighborhood gives Gramercy a wonderful, small village feel that is highly regarded by residents.
Gramercy offers a very different style of real estate than what can be found in neighboring areas. There are a number of renovated townhouses surrounding Gramercy Park, offering the height of elegance and characterized by exquisite marble and mahogany details.
There are also a number of luxury apartments offered in Gramercy, giving residents the same elegant living experience along with a number of conveniences. Apartment buildings here feature everything from doorman awaiting your arrival to grand libraries and screening rooms. These spacious residences fit with all the amenities give potential buyers a high end New York living experience, which lends to their incredible popularity.
Newer developments in Gramercy are characterized by conversions. One of the most recent, in 2012, was the conversion of the former Salvation Army's Parkside Evangeline Residence for Women into condominium apartments by Robert A. M. Stern. This 17-story complex includes a luxury, $42 million penthouse duplex. New developments like these provide plenty of opportunities to buyers and investors in the city.
The Gramercy Lifestyle
Gramercy has a long history of being home to some of the city’s most elite residents. From the Roosevelts to the Barrymores, naming those who have called Gramercy home is like naming a who’s who list of New York. Today, the neighborhood is also a highly desired area amongst couples and professionals, who enjoy the central location of Gramercy and the peacefulness of the community.
The heart of Gramercy comes in the form of Gramercy Park, which is New York City’s only private park. The exclusivity of this park lends to its fame, only a select group of residents who live directly around the park are allowed keys to access it. Even so, the park provides enjoyment to all residents. The area around the park is still lovely, with benches and trees making for an excellent greenspace within the city.
The neighborhood itself is home to very few major tourist attractions, which leaves residents with a sense of peace and privacy that is not so easily found in other areas of the city. Gramercy’s history provides the neighborhood with a number of classically New York establishments for dining and drinking. The nightlife here is quieter than in other parts of the city, but great dining, bars, and lounges provide a unique socialization scene perfect for those who desire a tamer sort of fun.