Real Estate and Apartments For Sale in Gramercy
33 Homes and apartments in Gramercy
Gramercy is a quiet and green neighborhood that’s located in the North-Eastern part of Lower Manhattan. It’s also one of the best places to live in New York City these days, attracting homebuyers who are drawn to the area’s incredible amenities. High demand for apartments for sale in Gramercy has led to rising real estate prices in the neighborhood.
Gramercy has a rich history that began with the construction of the park back in 1831. The famous American lawyer and politician, Samuel B. Ruggles, recommended this area as the place to plant a park in Manhattan. He purchased 22 acres of land and planted the grass and trees. Ruggles spent over $180,000 on landscaping and development of his property. During the American Civil War, the park was opened to Union soldiers.
Homes in the neighborhood are highly coveted, selling for relatively high prices, especially in the brownstones buildings in the immediate vicinity of Gramercy Park. One unique perk for buyers of condos and co-ops in these properties is that they can purchase a highly exclusive key to the park. Just remember that if you decide to sell your apartment, you’ll have to give up your key.
There are a lot of luxury apartments for sale in the area surrounding Gramercy Park. The neighborhood also has some very impressive brownstones and townhouses, many of which sell for extremely high prices.
It’s worth noting that Gramercy has a lot to offer to its residents. There are plenty of old-fashioned bars, trendy coffee shops, chic boutiques, modern restaurants, and verdant parks in the area.
Gramercy Real Estate Sales Trends
The median sale price for an apartment in Gramercy is $1,801,561.
Studios in this neighborhood sell at a median price of $517,305.
One-bedroom apartments sell at an average price of $903,624.
Two-bedroom apartments command a median sale price of $1,989,250.
Gramercy Penthouses for sale
There are currently 4 penthouses for sale in the Gramercy neighborhood of Manhattan. Sale prices for penthouses in this neighborhood range from $1,850,000 to $37,500,000.
Gramercy Condos for Sale
There are currently 33 condos available for sale in Gramercy. Sale prices for condos in this neighborhood range from $740,000 to $37,500,000.
Gramercy Co-op apartments for Sale
There are currently 51 co-ops available for sale in Gramercy. Sale prices for condos in this neighborhood range from $375,000 to $6,950,000.
Townhouses and Brownstones for Sale in Gramercy
There are currently no townhouses and brownstones for sale in this neighborhood.