Feb 8, 2012

Manhattan Neighborhood: Gramercy

Downtown on the East Side, from 14th Street to 23rd Street, from Park Avenue South to the East River.

If you’ve ever wanted a secret garden to call your own, the co-ops and townhouses for sale and rent alongside Gramercy Park are for you.

The entire little enclave of Gramercy is the brainchild of a nineteenth-century real estate developer who created one of New York City’s most beautiful green spaces — a private park — and then built apartments and row houses with views of it. To add to the prestige, these wonderful homes come with keys to the gated oasis that’s Gramercy Park — it only opens to the public once or twice a year.

Many of these renovated townhouses along Gramercy Park, with their mahogany and marble details and their fine gardens, can best be called mansions. The surrounding area of Gramercy has some row-house character too, but also contains large apartment buildings with all the modern conveniences.

Gramercy by Starck, for example, has a doorman — but it also has library lounge with fireplace and a screening room as well as a luxury outdoor deck with cabanas.

  50 Gramercy North, the ultra discreet fully serviced property developed by Ian Schrager and designed by minimalist architect converted the 1924 building to luxury coops with 24/7 services available from the world class, 5-star Gramercy park Hotel. 

50 Gramercy North

If you want to drink in Gramercy’s back-in-time quality, head to Pete’s Tavern, the city’s oldest bar, which has a landmark-but-not-touristy feel.

A couple of blocks away you can visit the Theodore Roosevelt Birthplace, a reconstruction of the 19th-century brownstone where Teddy was born, complete with a restored parlor, period bedroom, and Victorian-era gym equipment.

Currently there are approximately 145 active listings in Gramercy. Available homes for sale range from a studio in a non-doorman elevator building asking $270,000 to a 4235 square foot 9 room, 3 bedroom, 3.5 bath penthouse at 50 Gramercy North asking $18,900,000.

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