Gramercy Park and the surrounding neighborhood is on of the most sought after residential locations in Manhattan. Restaurants, coffee shops, fashion boutiques, and antique stores line the streets. The area is less noisy and has less street traffic than many areas of Manhattan.
A studio apartment in the Gramercy Park area typically rents for about $2000 per month. For about $350,000 you can buy a large studio apartment in a doorman building. Given today’s low mortgage rates, if you can pay the 20% down payments then you should consider buying an apartment. There are currently many bargains to be found, especially in apartments in buildings on 24th and 25th Streets. Our agents and brokers never charge you a fee for their services. Their commissions are paid in full by landlords, building owners, and sellers of apartments.
Here is the floorplan for a typical studio apartment near Gramercy Park:
Eric handles numerous listings in the neighborhood. If you are interested in buying or renting an apartment, please call Eric at (917) 364-6933 or e-mail him at Eric@nycnofeeapartments.com