Gramercy Park
Exclusive residential enclave with private park. Upscale neighborhood dining and wine bars.
Live · FWDRE verification engine
910
storefronts tracked
620
verified / likely operating
126
active liquor licenses
15
closure signals
Every storefront tracked individually within a 500m walkshed · refreshed July 14, 2026 · what we don't know, we say.
Walk Score
Walker's Paradise
Transit
Bike Score
Liquor Licenses
126
Sidewalk Cafes
206
About Gramercy Park
Gramercy occupies a privileged position in Manhattan geography and culture—close enough to downtown energy to feel connected, quiet enough to maintain residential tranquility. The private Gramercy Park, accessible only to surrounding building residents, creates exclusive character that shapes the neighborhood's identity.
The demographic profile reflects Gramercy's positioning as one of Manhattan's most desirable residential neighborhoods. Household incomes are high; residents include established professionals, young families, and longtime New Yorkers who appreciate the neighborhood's balance of accessibility and quiet. The population values quality and consistency over trendiness.
For hospitality operators, Gramercy offers affluent residential clientele who become loyal regulars. The neighborhood supports neighborhood fine dining, quality casual concepts, and service-oriented businesses. Irving Place and Park Avenue South are primary corridors, with quieter blocks offering intimate opportunities.
The pace is slower than downtown neighborhoods; concepts should match. Gramercy rewards operators who invest in building relationships with their customer base and maintain consistency over years.
Best For in Gramercy Park
Commercial Rent Guide for Gramercy Park
Current market rates for commercial space (annual rent per square foot)
| Space Type | Avg Rent/SF | Typical Size | Key Money |
|---|---|---|---|
| Restaurant | $90-$150 | 1,200-3,000 SF | $40K-$100K |
| Retail | $100-$160 | 800-2,000 SF | Varies |
| Wellness | $60-$100 | 1,500-3,000 SF | Uncommon |
| Cafe | $80-$120 | 500-1,000 SF | $20K-$50K |
* Rates are estimates based on recent market activity. Actual rents vary by specific location, condition, and lease terms.
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Demographics (Census Data)
Population
22,000
Median Income
$118k
Median Rent
$3,400/mo
Notable Businesses in Gramercy Park
Restaurants
Eataly - Flatiron
200 5th Ave, New York, NY 10010, USA
Soothr
204 E 13th St, New York, NY 10003, USA
The Smith
1150 Broadway, New York, NY 10010, USA
Thai Villa
5 E 19th St, New York, NY 10003, USA
Gramercy Tavern
42 E 20th St, New York, NY 10003, USA
COQODAQ
12 E 22nd St, New York, NY 10010, USA
Bars & Nightlife
230 Fifth Rooftop Bar
1150 Broadway, New York, NY 10001, USA
Museum of Sex
233 5th Ave, New York, NY 10016, USA
Upland
345 Park Ave S, New York, NY 10010, USA
COTE Flatiron
16 W 22nd St, New York, NY 10010, USA
Pete's Tavern
129 E 18th St, New York, NY 10003, USA
ilili NoMad
236 5th Ave, New York, NY 10001, USA
Cafes
Eataly - Flatiron
200 5th Ave, New York, NY 10010, USA
The FRIENDS™ Experience: The One in New York City
The Friends Experience, 130 E 23rd St, New York, NY 10010, USA
Barnes & Noble
33 E 17th St, New York, NY 10003, USA
Caffè Panna
77 Irving Pl, New York, NY 10003, USA
Devoción
25 E 20th St, New York, NY 10003, USA
Hole In The Wall - Flatiron
37 W 24th St, New York, NY 10010, USA
Fitness
Equinox Flatiron
897 Broadway, New York, NY 10003, USA
Chelsea Piers Fitness
308 Park Ave S, New York, NY 10010, USA
Barry's Park Avenue South
107 E 27th St, New York, NY 10016, USA
NYU Palladium Athletic Facility
140 E 14th St, New York, NY 10003, USA
The 14th Street Y
344 E 14th St, New York, NY 10003, USA
New York Pilates Flatiron
17 W 17th St Ground Floor, New York, NY 10011, USA
Wellness & Spas
Bathhouse Flatiron
14 W 22nd St, New York, NY 10010, USA
Othership Flatiron
23 W 20th St, New York, NY 10011, USA
Rescue Spa
29 E 19th St, New York, NY 10003, USA
Majesty's Pleasure
45 E 20th St 2nd floor, New York, NY 10003, USA
Glowbar Union Square
77 5th Ave, New York, NY 10003, USA
WTHN Flatiron
20 W 22nd St, New York, NY 10010, USA
Market Snapshot
Nearby Neighborhoods
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Frequently Asked Questions About Gramercy Park
What you need to know about commercial real estate in this neighborhood.
What is the average rent in Gramercy?
Restaurant space in Gramercy ranges from $90-$150 per square foot annually. Gramercy Park-adjacent locations command premiums. Irving Place and Park Avenue South are primary commercial corridors. The neighborhood offers moderate Manhattan rents with affluent clientele.
What types of concepts work in Gramercy?
Gramercy rewards quality neighborhood restaurants that earn residential loyalty. Fine dining and sophisticated casual concepts perform well. The neighborhood appreciates substance over style—established operators with track records succeed. Concepts should plan for regulars, not transient traffic.
How is foot traffic in Gramercy?
Gramercy has residential foot traffic rather than tourist or office-driven peaks. The neighborhood is quieter than Union Square to the west or Midtown to the north. Concepts succeed on quality and loyalty rather than volume.
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