Your Key to the City Awaits on Block Beautiful!


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Wow!

Gramercy Park

 

This weekend I noticed how many great spaces are available in the Gramercy Park part of town. I have a friend who celebrated his birthday. See that red building on the right? WINNING!

That made me think about how blessed people are who live here and have the coveted key to the only private park in the middle of the city, as the other is in Queens. While that apartment is a massive classic six, I started to think about this on a smaller scale than the multi-million dollar spaces we all dream of. What about the space that the couple just starting a family would want?

The lowest priced property that actually had a key to this private park is $480K. It is a 500sf JR1 currently configured as an open studio. I love this area of town as it is scenic, picturesque, there great options in terms of transportation and you have some of the best restaurants in the city all within walking distance.

There are currently 13 places currently for sale under $1M keys to the park. All are at least JR1 or true one bedroom layouts. The top option is an 875sf one bedroom that can convert to a two bedroom going for $769K shown here.

 

Perfect for a nursery

Great location

 

 

The space is sufficient for a couple that may have a surprise on the way and are thinking long term. Superb schools, a private park in a historic part of town and superb restaurants and culture options for two or three generations to enjoy!

This is a rarity in that the properties here under $1M rarely go on sale as the location is so in demand. There are four places on prestigious Irving Place as well from $529K topping out at $869K. This area is rich in history and there is a plethora of fresh and healthy food options to shop for when cooking. Trader Joe’s, Whole Foods are the large chains in the area, there is also a farmer’s market in Union Square.

This is a great time to make a move here. If you realize that with this amount of inventory, there may be wiggle room with prices in an area where there is usually none at all due to the demand. Most of the apartments have not been on the market for more than 6 weeks, so this is the time to get creative and make offers. Owners tend to think that a sale can happen within the first month, so they get a bit antsy if there has not been any serious offers.

I am famous for finding superb locations and would love to work some magic for you 😉

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About ronniehats
Native NYer, man of many hats, residential broker. You need something in NYC? The Hat Man CAN do!

One Response to Your Key to the City Awaits on Block Beautiful!

  1. Pingback: $50 for $200 Worth of Eyewear at Union Square Eye Care - Daily Couponds

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