Listing Courtesy of Corcoran Group
$569,000
Potential Rebate: $8,535
<strong>Gramercy Glamour, Move-In Ready<br> </strong><br> Step into serenity in the heart of Gramercy Park. This fully renovated alcove studio pairs sleek modern design with rare tranquility, offering a polished canvas for living, dining, sleeping, and working-all in one expansive layout.<br> <br> A proper entry foyer with generous closets opens to a light-filled living and dining space framed by a wall of oversized windows. Northern exposure overlooks a tree-lined courtyard, filling the home with soft natural light and a calming breeze-so quiet you'll forget you're in Manhattan.<br> <br> The brand-new kitchen is a showpiece: crisp cabinetry, sparkling countertops, and top-tier appliances blend style with function. The sleeping alcove easily accommodates a queen or king, with a passthrough dressing area and fully upgraded bath tucked beyond. Need more privacy? The alcove can seamlessly transform into a true one-bedroom with a simple divider.<br> <br> Life at <strong>The Gramercy Arms</strong> means a 24-hour doorman, live-in super, renovated lobby, porters, handyman, pristine laundry, bike room, and direct-access garage. Pied-à-terre and co-purchasing welcome, with strong financials and a substantial reserve fund.<br> All of Union Square is at your doorstep-subways, Citi Bike, Whole Foods, Trader Joe's, and the city's best dining and shopping-plus leafy Gramercy Park just around the corner.<br> <br> <strong>Modern design, and unmatched convenience-this is Gramercy living at its best.<br> </strong><br> Some photos virtually staged.
$4,132 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$8,535
Monthly savings impact
$24/mo
Effective Purchase Price
$560,465
(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 Corcoran Group
Data Source: TRESTLE #RLS20050340
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 Corcoran Group
Data Source: TRESTLE #RLS20050340
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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