67 Irving Place — Gramercy Park’s Rarest New Address

Section 01Why 67 Irving Place — And How It Compares to Every Alternative

Gramercy Park is one of Manhattan’s most desirable neighborhoods, and buyers at this price point have real options. 200 East 21st Street, Gramercy Square, 57 Irving Place, 18 Gramercy Park South, 240 Park Avenue South — all legitimate buildings with their own appeal. So why does 67 Irving Place stand apart? Because it operates in a category the others simply don’t occupy.

Developer conviction. CIM Group is one of the most sophisticated real estate operators in the country, with a portfolio spanning from hospitality to infrastructure. They didn’t approach 67 Irving Place as a typical condo conversion — they treated it as a restoration project. The firm enlisted Morris Adjmi Architects, whose deep expertise in adaptive reuse (the Schumacher Building, 837 Washington Street) made them the ideal choice for a 1910 Beaux Arts structure. 200 East 21st Street, developed by Alfa Development with BKSK Architects, is a solid new-build — but it has 67 units spread across 21 floors. It’s a fundamentally different product: efficient, well-located, but designed at scale rather than for singularity.

Exclusivity at a level the neighborhood has never seen. 67 Irving Place has 11 residences, each occupying its own full floor. Gramercy Square’s four-building complex offers roughly 223 units across its Tower, Prewar, Modern, and Boutique buildings. 57 Irving Place has nine units — closer in intimacy, but it’s a new-construction building on the corner of 17th Street, without the provenance or the floor sizes. At 67 Irving, you step off a private elevator into 2,747 to 3,421 square feet of space with 47 feet of frontage along Irving Place. No shared hallways. No passing neighbors. That level of privacy exists in townhouses — it almost never exists in a condominium.

Architectural heritage you cannot replicate. 240 Park Avenue South delivers a striking curved-glass façade and strong views, but it’s brand-new construction without historical character. 18 Gramercy Park South is a magnificent pre-war cooperative directly on the park — but it’s a co-op, which means board approval, financing restrictions, and limited subletting. 67 Irving Place gives you the emotional weight of a 1910 building — the copper crown, Beaux Arts ornamentation, sculptural frieze — combined with the financial flexibility of a condominium and the interior quality of a brand-new build. Morris Adjmi’s approach was to “reveal the beauty already there, allowing the building’s original character to shine while creating residences that seamlessly bridge past and present.”

Danny Meyer downstairs. No competing building in Gramercy can claim anything close to having Maialino — Danny Meyer’s celebrated Roman-style trattoria — operating at ground level with exclusive privileges for residents. This is the restaurant returning to the neighborhood where it became a New York institution (it originally operated out of the Gramercy Park Hotel). It adds a layer of lifestyle and social currency that no amenity package can substitute. If you’re exploring new development condos across NYC, this combination of history, exclusivity, and culinary prestige is genuinely one of a kind.

Section 02The Residences — Full-Floor Living, Reimagined

Every residence at 67 Irving Place occupies an entire floor. There are 11 homes in total, ranging from 2,747 to 3,421 square feet, configured as three- and four-bedroom layouts. Each one is accessed by a private elevator that opens directly into the home — no shared corridors, no passing neighbors.

The interiors reflect Morris Adjmi’s philosophy of restrained elegance. Each residence begins with an oak-paneled entry foyer that leads into a 33-foot gallery — a transition space that makes the home feel like a private collection rather than a floor plan. The great rooms measure 31 by 17.5 feet, with seven to nine picture windows framing views of Gramercy Park and the surrounding neighborhood. Ceilings rise to over 10 feet with original beams exposed and restored.

The new windows feature charcoal-gray trim that contrasts with the building’s historic light gray masonry — a detail that reads as both contemporary and respectful of the façade’s original character. The material palette throughout emphasizes natural light and warmth: white oak floors, soft stone surfaces, and a restraint that lets the architecture do the talking.

For buyers accustomed to new developments where “luxury” means stacking brand names, 67 Irving takes a different approach. The finishes are curated to feel inevitable — as though the building has always looked this way. That kind of design confidence is rare, and it’s the hallmark of Morris Adjmi’s best work.

Section 03Amenities — Curated, Not Catalogued

67 Irving Place does not compete on quantity of amenities. With only 11 residences, the building doesn’t need a sprawling fitness complex or a co-working lounge that no one uses. Instead, every shared element is scaled and considered for the people who actually live here.

The building is crowned with a landscaped rooftop terrace offering panoramic views of the Midtown skyline, the Empire State Building, and the leafy canopy of Gramercy Park below. This is not a rooftop deck with a grill and some furniture — it’s a designed outdoor room with proper landscaping, comfortable seating, and the kind of sunset views that remind you why you live in Manhattan.

A 24/7 lobby concierge provides discreet, attentive service — the kind that learns your preferences without being asked. The lobby itself has been restored with the same care as the residences, blending original architectural elements with contemporary finishes. For buyers coming from Upper East Side buildings or Downtown towers with 200-unit amenity floors, 67 Irving offers a different proposition: fewer people, better service, more privacy.

Having Danny Meyer’s Maialino at ground level is not just a dining convenience — it’s a lifestyle anchor. Residents enjoy exclusive access and privileges at one of New York’s most beloved restaurants, which is returning to the Gramercy neighborhood where it originally became famous. This is the kind of amenity that no developer can fabricate from scratch — it requires history, reputation, and a genuine connection to the neighborhood.

Section 04The Location — The Heart of Gramercy

67 Irving Place sits on one of the most storied blocks in Manhattan. Irving Place is a quiet, tree-lined corridor that connects Gramercy Park to Union Square — two of the city’s most distinctive public spaces, each with its own character. The building is steps from the private Gramercy Park, the only remaining private park in Manhattan, and a short walk from the energy of Union Square.

The neighborhood retains a distinctly literary, residential quality. Pete’s Tavern, one of the oldest continuously operating bars in New York, is on the same block. Irving Plaza, the Gramercy Theatre, and a constellation of independent restaurants and boutiques are all within a five-minute walk. Yet because Irving Place is a side street rather than an avenue, it maintains a sense of quiet that’s genuinely difficult to find below 23rd Street.

Transit is excellent. The 4/5/6, N/R/W, and L trains are all accessible from Union Square, one of the best-connected transit hubs in the city. The 14th Street corridor provides crosstown access, and the FDR Drive is a short distance east for drivers heading to the airports or out of the city. For those considering different Manhattan neighborhoods, our guide to living on the Upper East Side offers an interesting contrast in lifestyle and market dynamics.

Section 05Market Data & Pricing

67 Irving Place is priced to reflect its position as the most exclusive new condominium on Irving Place in a decade — and possibly the last to be delivered on this block. Here is what we know about the current market:

At roughly $2,585 to $3,162 per square foot, 67 Irving Place is competitively positioned against comparable Gramercy new developments. Gramercy Square’s Tower residences have traded in the $2,200–$2,800 per square foot range, while 200 East 21st Street has seen sales from approximately $1,800 to $2,400 per square foot. The premium at 67 Irving reflects the full-floor format, the Morris Adjmi pedigree, and the extreme scarcity of the product — 11 units is not a building that will see frequent resale inventory.

For context on the full financial picture of purchasing a new development condo in this price range, our breakdown of NYC buyer closing costs covers everything from mansion tax to title insurance — particularly relevant for sponsor purchases where costs can be structured differently.

Section 06Who Is 67 Irving Place For?

In my experience, 67 Irving Place will attract a specific buyer — someone who has seen what the market offers at this price point and wants something that doesn’t feel like a “unit.” The typical buyer here values:

• Space with provenance — they want a full floor in a building that has been standing since 1910, not a glass box that could be anywhere.
• Privacy without isolation — 11 residences means you know the building intimately. The private elevator means you control your own threshold.
• Gramercy over everywhere else — they specifically want this neighborhood: quiet, literary, walkable, with the park and Union Square on either end of the block.
• Design restraint over design spectacle — they appreciate Morris Adjmi’s philosophy of revealing rather than imposing. The building should feel like it belongs, not like it’s performing.
• Condo flexibility — no board interview, easier financing, the ability to sublet and close on their own timeline.

Buyers at this level tend to be established professionals, family buyers seeking lateral space in a walkable neighborhood, and design-conscious individuals who understand the difference between a restoration and a renovation. If you’re considering selling a luxury property to move into a building like this, our guide on selling a luxury apartment in NYC covers the strategy and timing that matter most.

Section 07The Bottom Line

67 Irving Place is not trying to be the biggest building in Gramercy, or the one with the most amenities, or the flashiest façade. What it offers is something rarer: a building where a century of history has been preserved and perfected by people who understand the difference between renovation and restoration.

With only 11 full-floor residences, a Beaux Arts exterior that has been meticulously restored rather than replaced, and Danny Meyer’s Maialino anchoring the ground floor, this is a building that will age the way Gramercy’s best buildings always have — gracefully, with increasing value. The fact that it is only the third condominium ever delivered on Irving Place, and likely the last given the scarcity of developable sites, makes this a genuinely rare entry point into one of Manhattan’s most coveted addresses.

If you value privacy, architectural integrity, and a neighborhood that rewards a slower pace of living, 67 Irving Place belongs on your shortlist. It is the kind of building that, once you’ve seen it, recalibrates what you expect from a Gramercy condominium. For a broader overview of navigating the NYC buying process, start with our ultimate buyer’s guide to NYC real estate.

QuestionsFrequently Asked Questions

How much does it cost to buy at 67 Irving Place?

Asking prices currently range from $6.85 million to approximately $10.85 million. Three-bedroom residences (2,747 sq ft) start at $7.1 million, while four-bedroom residences (3,432 sq ft) are priced between $10.25 million and $10.85 million. The average price per square foot falls between $2,585 and $3,162.

Who designed 67 Irving Place?

Morris Adjmi Architects designed the conversion and restoration. The building was originally constructed in 1910 as a printing factory in the Beaux Arts style. The project was developed by CIM Group, one of the largest and most experienced real estate operators in the United States. Renderings were produced by Hayes Davidson.

What amenities does 67 Irving Place offer?

The building features a landscaped rooftop terrace with panoramic Midtown skyline views, private elevator access to each residence, a 24/7 lobby concierge, and Maialino by Danny Meyer at ground level with exclusive resident privileges. The amenity approach is curated for 11 households, not scaled for hundreds.

Is 67 Irving Place a co-op or condo?

67 Irving Place is a condominium. This means there is no co-op board interview or approval process. Buyers can finance their purchase, sublet with fewer restrictions, and close more quickly than in a co-op. This is a meaningful distinction in Gramercy, where many of the most desirable buildings — particularly those on the park — are co-ops with strict boards.

When will 67 Irving Place be ready for occupancy?

Occupancy is expected in Summer 2027. Conversion work is already underway. Sales are active, meaning buyers can secure a residence now and close upon completion. This is a sponsor sale, so the purchasing process differs somewhat from a resale — consult our new development buying guide for details.