Listing Courtesy of Compass
$1,500,000
Potential Rebate: $22,500
<b>Your search is over</b>! Move right into this <b>rarely available</b>, beautifully <b>renovated 2-bedroom, 2-bath loft residence</b> at the highly coveted <b>The Gramercy at 61 Irving Place</b>, perfectly located at the intersection of Gramercy Park and Union Square. <br>
Upon entering, you are immediately captivated by <b>soaring 11'4" ceilings</b>, lending an atmosphere of grandeur throughout. The expansive, light-filled <b>living and dining area</b> features <b>three oversized picture windows</b> framing tranquil views of the <b>tree-lined, storybook block</b> below—an exceptional setting for elegant entertaining or quiet enjoyment. <br>
Just off the great room, the renovated <b>chef’s kitchen</b> is appointed with <b>top-of-the-line stainless-steel appliances</b>, including a <b>Viking gas oven with 4 burners, Fisher and Paykel refrigerator, Miele dishwasher</b>, and <b>Sub-Zero wine refrigerator</b>, along with abundant custom cabinetry—ideal for both the culinary enthusiast and the seasoned entertainer. <br>
The serene <b>primary bedroom suite</b> enjoys lovely treeline views, a pristine <b>en-suite bathroom</b>, and <b>floor-to-ceiling closets</b> offering exceptional storage. The second bedroom—currently configured as a sophisticated den with <b>custom built-in bookcases</b> and <b>floor-to-ceiling closets</b>—also easily serves as a guest room or an inviting home office. Across the hall is the second bathroom with a large shower, which also serves as a powder room for guests. <br>
<b>A/C information: HVAC units provide heating and air conditioning in each room. </b><br>
Set along iconic <b>Irving Place</b>, residents enjoy immediate access to an array of beloved neighborhood institutions: <b>Pete’s Tavern, Gramercy Tavern, Casa Mono, Union Square Cafe, Friend of a Farmer, Irving Farm New York, Pierre Loti</b>, and the acclaimed Roman gelateria <b>Caffè Panna</b>, to name a few. Nearby are <b>Madison Square Park, Union Square Park</b>, and its celebrated <b>Greenmarket</b> where the city's top chefs shop, <b>Stuyvesant Park</b>, the <b>National Arts Club</b>, and <b>The Players</b>. Transportation is effortless with the <b>N/W/R/Q/4/5/6/L</b> trains just two blocks away. <br>
Originally constructed in 1889 as <b>The Gramercy Exchange Building of the New York Telephone Company</b>, this distinguished landmark is among the neighborhood’s finest cooperatives. The marble entry lobby includes state-of-the-art video intercom security. Additional laundry facilities with new appliances are available on the lower level. There is a <b>doorman from 9 am-5 pm, Monday-Friday</b>, as well as a superintendent. <b>Storage and bike room also available on the lower level</b>. The cooperative permits up to <b>75% financing. Pieds-à-terre, co-purchasing</b>, and <b>guarantors</b> are considered on a case-by-case basis. <b>Subletting</b> and <b>pets</b> are permitted with board approval. <br>
<b>Don't miss this exceptional offering. Schedule your private viewing today</b>.
$10,592 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$22,500
Monthly savings impact
$63/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
2.5%
Experience
Member
Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20061393

Compare average listing prices and value metrics for 61 Irving Place against the surrounding Gramercy Park market.
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
than the Gramercy Park price average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Gramercy Park is famous for the only private park in Manhattan. It is quiet, leafy, and incredibly exclusive.
\nHistoric townhouses and pre-war co-ops. Access to the park (a key) is tied to specific buildings.
\nOld New York elegance. Quiet, refined, and private. Irving Place offers polite dining.
\n6 train at 23rd. L train at 3rd Ave. A bit of a walk to the west side lines.
\nThe Park (if you have a key). Stuyvesant Square is the public alternative. Excellent dining.
\nBest for those seeking privacy, history, and the ultimate status symbol (a key).

You can also call me anytime at +1 (315) 514-0164