Listing Courtesy of Douglas Elliman Real Estate
$5,495,000
Potential Rebate: $82,425
<p> </p> <p>Introducing Residence 8E at The Tower in Gramercy Square-an elegant, full-service condominium offering the perfect balance of classic New York charm and modern luxury. Nestled just east of Gramercy Park, this exquisite corner 3 bedroom, 3 and a half bedroom home spans a highly coveted northeast exposure, with floor-to-ceiling windows framing breathtaking views of the Midtown skyline, including the Clocktower, Chrysler, and Empire State Buildings.</p> <p>A private cobblestone driveway lined with trees sets the tone for refined living at The Tower. Elevate to the 8th floor and enter your expansive home, where soaring 10-foot ceilings (14 feet in select areas) and panoramic city views, combined with natural sunlight, define the living experience.</p> <p>Designed to impress, the great room serves as the heart of the home, offering ample space for entertaining beneath airy ceilings. Solid rift-and-quartered oak floors run throughout, while the open kitchen is a showpiece of minimalist Italian design. Custom-stained cabinetry, Calacatta marble countertops and backsplash, and integrated top-of-the-line appliances-including Sub-Zero refrigerator and wine storage, Wolf microwave and oven, Bosch dishwasher, and Thermador cooktop-create the ideal environment for both casual dining and gourmet cooking. The generously sized dining area comfortably seats twelve, while the oversized marble kitchen island accommodates an additional five guests. </p> <p>Retreat to the serene corner primary suite, which features city views that stretch from the East River to the Empire State Building. The ensuite primary bath is a sanctuary with a deep Kohler soaking tub, expanded glass-enclosed rain shower, radiant heated flooring, double vanity, and Lefroy Brooks fixtures-all illuminated by curated lighting and set against a timeless marble backdrop.</p> <p>Two additional east-facing bedrooms each offer ensuite marble bathrooms-one with a soaking tub and the other with a large walk-in shower. A beautifully appointed powder room, an enlarged utility closet with LG washer and vented dryer, a folding station , and multi-zone central HVAC provide convenience and comfort.</p> <p>Gramercy Square is a private, full-service condominium with 223 residences across four distinct buildings, centered around landscaped gardens by M. Paul Friedberg & Partners. The 18,000-square-foot Gramercy Club, curated by La Palestra, features top-tier wellness and entertainment amenities including a 75-foot lap pool, spa facilities, yoga studio, gym, screening room, golf simulator, kids" spaces, and private event rooms. Residents also enjoy rooftop terraces with outdoor kitchens, 24/7 white glove service, and a private, tree-lined driveway for discreet entry. Ideally situated within Gramercy Park and a stone's throw away from Michelin-starred dining such as Gramercy Tavern and Union Square Caf , and only minutes from Trader Joe's, Whole Foods, this residence offers unparalleled access to all that Manhattan has to offer.</p> <p>Please note that the listed taxes are inclusive of the 17.5% primary residence abatement. </p> <p> </p>
$31,383 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$82,425
Monthly savings impact
$229/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 Douglas Elliman Real Estate
Data Source: TRESTLE #RLS20048198

Compare average listing prices and value metrics for The Tower Gramercy Square against the surrounding Gramercy Park market.
than the Gramercy Park price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Gramercy Park.
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).

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