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Gramercy Park Apartments for Rent

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Gramercy Park

Landmarks

Gramercy Park, a traditional and sophisticated Manhattan enclave, features some of the more expensive real estate in the city including a mix of Victorian brownstones, and stylish high rises. This tranquil residential neighborhood is bordered by the East Village and the Flat Iron district. The tree-lined streets aren’t the only appeal of Gramercy Park, however. The namesake of the neighborhood is a park requiring a key to access it, only available to residents. While the neighborhood is primarily seen as pristine, quiet and relaxed, it is near Union Square Park, featuring the Union Square Green Market.

Transportation

Gramercy Park features some transportation options which include the L line running to First and Third Avenues. There are significantly more options to Union Square including the 4,5,6, N,Q,R,W and L lines, and the 6 runs to 23rd Street. Herald Square is also nearby, offering more transportation options, and the N,Q, and R lines go to Madison Square Garden, which is also relatively close to Gramercy Park. Commuters can expect to spend an average of about 10 minutes traveling to 42nd St., 12 to Fulton St. and 8 to Columbus Circle if they were to leave from 23rd St.

Rent Prices

Thanks to the green spaces and quiet atmosphere of charming Gramercy Park, rental prices can be relatively high. The current average cost of rent in Gramercy Park is slightly more than $3,400. The majority of properties are doorman buildings and offer spacious units, although they do come at a premium. The most affordable rentals in the area tend to be found in Stuyvesant Town, which is a sprawling development from 14th St. to 23rd St.