Listing Courtesy of Douglas Elliman Real Estate
$660,000
Potential Rebate: $9,900
<p> </p> <p>Set in the heart of Gramercy, this sun-filled and fully renovated alcove studio(which can easily be converted to a 1 Bedroom), boasts both southern and eastern exposures, creating a bright, airy atmosphere within one of the neighborhood's most sought-after buildings. </p> <p>This fully renovated unit has a welcoming foyer with a generous closet opening into an expansive great room that seamlessly blends living and dining areas-perfect for everyday comfort as well as entertaining. The bedroom area includes two ample closets and a dedicated dressing area adjacent to the bathroom. The thoughtfully renovated kitchen is fully outfitted with modern appliances, including a dishwasher.</p> <p> </p> <p>Gramercy Arms is a full-service, elevator building offering a suite of coveted amenities, including a 24-hour doorman, porter services, a dedicated on-site superintendent, professional maintenance staff, laundry facilities, bike and private storage, and a nearby Citibike station. On-site attended parking with direct building access is available for an additional fee.</p> <p>Enjoy unbeatable proximity to Whole Foods, Trader Joe's, the Union Square Greenmarket, and some of downtown Manhattan's best dining, shopping, and cultural destinations across Greenwich Village, the East Village, and the Bowery.Effortless transit access is yours via the N/R/W/Q, L, and 4/5/6 subway lines. Co-purchasing and pied-a-terre ownership are welcome.</p>
$4,646 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$9,900
Monthly savings impact
$28/mo
Effective Purchase Price
$650,100
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
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. ©2026 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS20065073
RLS at 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. ©2026 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS20065073
RLS at REBNY

Compare average listing prices and value metrics for Gramercy Arms against the surrounding Gramercy Park market.
than the Gramercy Park price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

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