Gramercy is a charming and historic neighborhood located in the heart of Manhattan, known for its quiet, tree-lined streets and a strong sense of community. Situated between the bustling areas of Flatiron and the East Village, Gramercy offers a serene retreat from the city’s fast pace while still being in close proximity to major attractions and business districts. The neighborhood is anchored by Gramercy Park, one of the few private parks in New York City, providing a unique sense of exclusivity. Gramercy’s mix of elegant brownstones, luxury residences, and boutique shops, alongside its proximity to cultural institutions like The Met, make it one of Manhattan's most desirable neighborhoods for both residents and visitors alike.

Gramercy’s real estate market is highly sought-after, with an array of well-maintained brownstones, luxury condominiums, and co-op buildings. The neighborhood’s prime location and historic appeal have made it one of Manhattan's more expensive areas, with real estate prices consistently on the higher end. Homes in Gramercy are often larger compared to other parts of Manhattan, offering more space, private gardens, and balconies, making it a favorite among families and professionals. Gramercy Park, a private park accessible only to residents with keys, is a notable feature of the area, contributing to the sense of exclusivity. While Gramercy has a historic charm, new developments and renovated luxury apartments have further elevated the neighborhood’s real estate appeal. Its proximity to transportation options, including the 4, 5, 6, L, and N trains, also makes it a highly convenient location.

Gramercy has a rich history dating back to the early 19th century when it was originally designed by Samuel Ruggles in the 1830s as a planned residential community. Ruggles envisioned a neighborhood built around a central park, which became Gramercy Park, one of the first gated parks in the city. Over the years, Gramercy developed into a prestigious area, attracting wealthy residents, artists, and intellectuals. In the 19th and early 20th centuries, the neighborhood was home to some of New York's most prominent families, as well as literary figures like Washington Irving and John Steinbeck. The area remained largely residential, with little commercial development, maintaining its quiet, village-like atmosphere amidst the growing city. Today, Gramercy retains much of its historical character, and the neighborhood’s commitment to preserving its architectural integrity and green spaces continues to make it one of New York City’s most iconic and desirable neighborhoods.