Gramercy Park
Exclusive residential enclave with private park. Upscale neighborhood dining and wine bars.
Walk Score
Walker's Paradise
Transit
Bike Score
Liquor Licenses
242
Sidewalk Cafes
206
Demographics (Census Data)
Population
32,410
Median Income
$150k
Median Rent
$2,899/mo
Market Snapshot
Nearby Areas
Frequently Asked Questions About Gramercy Park
What you need to know about commercial real estate in this neighborhood.
What restaurants work in Gramercy?
Gramercy supports neighborhood fine dining and sophisticated casual concepts. The residential base is affluent and loyal. Irving Place and Park Avenue South are primary corridors. The neighborhood rewards quality and consistency over trendiness.
How much is rent in Gramercy?
Gramercy commercial rent ranges from $90-$150/SF annually, moderate for the quality of the neighborhood. Gramercy Park-adjacent locations command premiums. The neighborhood offers value for operators seeking affluent residential clientele.
What's the vibe of Gramercy?
Gramercy is quiet, elegant, and residential. The private Gramercy Park creates exclusive character. The neighborhood attracts established professionals who value understated quality. Concepts should match this sophisticated sensibility.
Is Gramercy good for wellness?
Gramercy has growing wellness demand from its affluent residential population. Yoga, Pilates, and boutique fitness concepts perform well. The neighborhood's quiet character suits wellness atmospheres. Competition is less intense than Chelsea.
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