Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,700,000

Listed at $1,725,000 · Sold 1.4% below asking · Closed July 21, 2022

61 Irving Place #5-B
Closed For Sale Co-op

$1,725,000

61 Irving Place #5-B

Gramercy Park, Manhattan

MLS® #RLS10784508

RLS at REBNY

Listing by R New York

2

Bedrooms

2

Baths

N/A

Sq. Ft.

1899

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Year Built 1899
Ownership Co-op
Maintenance $2,572.16/mo
Neighborhood Gramercy Park
Floor 5 of 8

Property Highlights

  • Exposure: North facing
  • Style: Prewar architecture
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 2 Full
Floor 5 of 8
Exposure North
Cooling Other
Pets Yes
Cross Street East 17th Street/East 18th Street
Year Built 1899
Architectural Style Prewar
Block/Lot 873/59

Listing History

Event Date Price Change
Listed Mar 31, 2022 $1,725,000 -
Currently Apr 24, 2026 $1,725,000 -

Description

New listing! You're personally invited to come see 61 Irving Place for yourself and discover a Gramercy Park neighborhood treasure. This is your opportunity to own an enchanting 2 bed/2bath loft apartment at The Gramercy - just 2 short blocks from the heralded and historic Gramercy Park for well under $2M. Built in 1889 and originally the Gramercy Exchange Building of the New York Telephone Company, The Gramercy is perfectly situated at the intersection of Gramercy Park and Union Square and Apartment 5B offers the quintessential Downtown Manhattan living experience. Move into this thoroughly turn-key fine flat with closets and storage for every season and hobby or consider inviting your design team of choice to artfully place your personal signature on your first or next city residence.

Interior design by the illustrious minimalist and internationally celebrated designer Joseph D'Urso. 11'8' ceilings and 8'4'' windows set the tone for a great room that begs to entertain family and friends throughout the seasons. The chef in you will adore the architectural counterpoint to the white minimalist loft in the form of the arts and crafts kitchen with its masterfully constructed quarter sawn oak wall hung and base cabinets. There's no compromise in function either as generous surfaces for prep work abound and a smart kitchen design maximizes convenient and easily accessible storage space. The west to east main hallway leads to the private and peaceful primary bedroom with en suite bath, presenting an equally inviting place to rest and recharge. The second bedroom with an adjacent full bath with glass-enclosed shower can take on the role of nursery, den, library, media room, home theater, or work from home office. Your choice.

New York City drives the world and great neighborhoods like Gramercy Park drive New York City. Artists, chefs, musicians, writers, actors, executives, financiers, innovators and leaders all make their mark here. There are only 32 apartments available at this elegant, sought-after North Irving Place pre-war cooperative. Come see the advantages of living on a quiet block, yet within a stone's throw of the liveliest destinations in the city. 2 blocks from the world-famous Union Square Greenmarket, 1 block east of the fine restaurants and cafes that line Park Avenue South like Oceans, Union Square Cafe, MoMo Sushi, Boucherie Union Square and Barbounia.

And right outside your door, take advantage of the many fabulous artisanal shops and sidewalk cafes that line Irving Place, named after the famed American writer, Washington Irving; Caf Salmagundi, Pierre Loti, Friend of a Farmer, Bedford Cheese Shop, Irving Farm New York, and Paul & Jimmy's to name a few. Other popular points of interest within a 1 to 10 minute walk include Madison Square Park, Union Square Park, Stuyvesant Park, The National Arts Club, The Players, Fotografiska Museum, and the ever popular oldest original operating bar and restaurant in New York City, Pete's Tavern. Happy hour is back! The Gramercy truly is at the center of it all.

The Gramercy invites you to be a part of it. It's good to be home.

Features & Amenities

Interior Features

Common Area

Building Information

Financial Details

Maintenance $2,572.16/mo
Sale Price $1,700,000

Gramercy Park is one of New York City’s most storied and architecturally distinctive neighborhoods, centered around the only private park in Manhattan. The area exudes old-world charm with its gas-lit streets and impeccably preserved 19th-century architecture. While the park itself is private, the surrounding real estate offers a mix of historic brownstones, elegant pre-war cooperatives, and boutique new developments that cater to those seeking a low-traffic urban retreat.

Gramercy Park Live Market Data

View Neighborhood

Active Listings

178

Median Asking Price

$1.47M

Median $/Sqft

$1,781

Avg Days on Market

N/A

New This Week

8

Price Reduced

26%

Sold (30 Days)

17

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 4/24/26, 10:03 AM EST

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Location

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61 Irving Place #5-B, Gramercy Park, New York County • Near East 17th Street/East 18th Street

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1950
Year Built
76 years old
8
Floors
32
Residential Units
R8A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $6,779,700
Land Value: $742,500
Exemptions: $2,290

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 5,300 SF
Building Area: 40,904 SF
Built FAR: 7.72
Allowed FAR: 6.02

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $2,572.16 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 1899, making it approximately 127 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10784508
First Listed: 3/31/2022
Price Changed: 3/31/2022
Closed: 7/21/2022
Contract Date: 3/31/2022

Listing Courtesy of R New York - Stephen Held

Listing Contact: (646) 522-3331

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/24/2026 at 2:03 PM UTC

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