A small neighborhood with a lot to look at, Gramercy Park is an upscale residential neighborhood surrounded by Park Avenue, 14th Street, 1st Avenue, and 23rd Street. This neighborhood is very historic, lined with brownstones and beautiful pre-war apartment complexes.
Gramercy Park was the first great example of city planning in the United States. Sprouting up from the park which gives the neighborhood its name, people had to follow strict rules when building homes and structures around the green space. The park was constructed in 1832 and fenced in in 1833.
People started building around the park in the 1840’s as a way to revitalize the area after a major depression a few years earlier. Trustees of the park met in 1844 and made a plan for how to layout the development they wanted.
From there, building anything in the neighborhood goes through a rigorous process. Several train lines and buildings were outright rejected, but the process started to ease in the early 1900’s when several hotels were built in the area. Over all the neighborhood has kept its Victorian looks and affluence, surviving several more financial crises that shook the rest of the city. Today, the neighborhood is popular amongst the youth and elite of the city due to its fun bars, amazing restaurants, and vibrant live music venues.
Luxury high rises are few and far between in this historic neighborhood. In their place are brownstone houses and mid-rise apartment complexes. There is a concerted effort to keep the neighborhood historic, so many of the buildings here have been landmarked by the city and state.
Gramercy Park is affluent, but not elitist. Anyone is welcome to enjoy the neighborhood, but they should expect a heavy hit to their wallets. That said, if money is no object, Gramercy Park is full of fun and adventure. The nightlife here is eclectic and weird in the best way possible, the restaurants are some of the fanciest in the city, and there are many opportunities for shopping.
For those who live in this area, they enjoy spacious apartments and houses. Though the nightlife here can be very apparent, it can also be a sleepy neighborhood depending on where you go. Families find themselves very comfortable here.
Gramercy Park is one of the safest areas in Manhattan. With large apartments that are close to schools and hospitals, this is one of the better neighborhoods for families. The only issues with this area is that the nightlife can be a bit rowdy and it can be a bit expensive. Other than that, families are very happy living here.
The New York City subway system doesn’t have trains running through the neighborhood. That said, Gramercy Park can be accessed from the southern end via the L train and on its easternmost side via the 4, 5, and 6 trains.
Biking isn’t super popular with the residents of the neighborhood. However, people bike through here all the time. Though, with smaller streets and less Citi Bike docking stations than other parts of the city, cyclists should bike with caution.
Driving is very popular in this neighborhood as traffic is relatively light. Parking leaves a little to be desired, but many single family homes have private parking lots and spots.
| Bedrooms | Rent | Rent / sqft |
|---|---|---|
| Studio | $3,750 | $8.33 |
| 1 BR | $5,313 | $9.97 |
| 2 BR | $5,057 | $8.38 |
| 3 BR | $6,985 | $6.10 |
| 4+ BR | $7,948 | $6.15 |
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Gramercy Park is located within 10003. This area currently has 56,767 residents in 27,258 households. Out of the total population, 40.12% of the residents speak another language at home instead of English. The majority of the inhabitants in this zipcode are currently unmarried and have a median age of 32.
When looking at residents older than 25, around 6.00% have graduated from high school, 43.06% have a bachelor's degree, and 36.77% have obtained their master's degree or above. Employment rate is typically around 63.5% and the median income in this zipcode is $100,791.
At least 69.58% of those living in this zipcode are renting their homes. Most residents will commute to work by public transportation with an average commute time of 26 minutes.
Geographically, 10003 is a part of New York County, New York. This county is currently home to 1,634,989 residents, or 753,385 households with a median income of $75,513. New York County, New York residents have a median age of 37 and 76.86% are currently renting their homes in the area.
Finally, New York County, New York is a part of the greater New York - Newark, NY - NJ - CT Urban Area. For those unfamiliar with the area, The New York - Newark, NY - NJ - CT Urban Area is currently home to a population 18,812,161 across 6,707,347 households. Those living in this urban area have a median income of $68,319 and median age of 38. In general, at least 50.07% of the residents are currently renting their homes in this area.
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