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275 5th Avenue

Gramercy Park

New York, NY 10016

  • 5,008 - 15,144 sqft
  • inquire for pricing
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  • Availability

    UnitSizePriceInquire
    Partial 18th Floor5,008 sqftInquire for pricing
    Partial 25th Floor12,535 sqftInquire for pricing
    Partial 17th Floor15,144 sqftInquire for pricing
    • 0.04 miπŸ₯˜Ravagh Persian Grill
    • 0.06 miπŸ₯˜Ben & Jack's Steakhouse
    • 0.06 mi🍺John Doe Bar & Kitchen
    • 0.07 miπŸ₯˜L & W Oyster Company
    • 0.08 miπŸ₯˜Milleseme
    • 0.08 miπŸ’ͺThrowback Fitness
    • 0.09 miβ˜•οΈIdea Coffee
    • 0.09 miπŸ₯˜Bella Napoli
    • 0.09 miπŸ₯˜Take31
    • 0.09 miβ˜•οΈCafe Delectica
    • 0.09 miπŸ₯˜Her Name is Han
    • 0.1 miπŸ₯˜Minar
    • 0.1 miβ˜•οΈDunkin' Donuts
    • 0.1 miπŸ₯˜The Breslin
    • 0.11 miβ˜•οΈExki
    • 0.11 miπŸ₯˜ilili
    • 0.11 miπŸ₯˜Crooked Knife
    • 0.12 miπŸ₯˜John Dory Oyster Bar
    • 0.12 miπŸ₯˜Ichiumi Japanese Buffet
    • 0.12 miπŸ₯˜Chipotle
    • 0.12 mi🍺The NoMad Hotel Library Bar
    • 0.13 miπŸš‡RW28th Street
    • 0.13 miπŸ₯˜Kyo Chon Chicken
    • 0.13 mi🍺The Nomad
    • 0.13 miπŸ₯˜Choza Tacqueria
    • 0.13 miπŸ₯˜Pondicheri
    • 0.13 miβ˜•οΈBirch
    • 0.13 miβ˜•οΈChalait
    • 0.13 miπŸ₯˜Shorty's
    • 0.13 miπŸ₯˜Woorijip
    • 0.14 miπŸ₯˜Sweetgreen
    • 0.14 miπŸ₯˜Wine:30
    • 0.15 mi🍺230 Fifth
    • 0.15 miπŸ₯˜Essen Fast Slow Food
    • 0.15 mi🍺Tavern29
    • 0.15 miπŸ₯˜New WonJo
    • 0.15 miπŸ₯˜Bon Chon Chicken
    • 0.15 miπŸ₯˜Hana Michi
    • 0.15 miπŸ₯˜The Smith
    • 0.16 miπŸš—Central Parking
    • 0.16 miπŸ₯˜California Pizza Kitchen
    • 0.16 miβ˜•οΈStarbucks
    • 0.16 mi🍺Rattle n Hum
    • 0.16 miβ˜•οΈSubway
    • 0.17 miπŸ₯˜Seoul Garden
    • 0.17 mi🍺Vin Sur Vingt
    • 0.17 miπŸ₯˜Fresh Mexican Grill
    • 0.17 miπŸ₯˜Gaonnuri
    • 0.17 miπŸ’ͺEvolution Muay Thai
    • 0.17 miπŸ₯˜Kang Suh Restaurant
    • 0.17 mi🍺Churchill's Pub
    • 0.18 miβ˜•οΈStarbucks
    • 0.18 mi🍺Foley's
    • 0.18 mi🍺O'Reilly's Pub
    • 0.18 mi🍺Toshi's Living Room
    • 0.18 miπŸ₯˜Chipotle
    • 0.19 mi🍺Toshi's Penthouse
    • 0.19 miπŸ₯˜Fresh & Co
    • 0.19 miβ˜•οΈCosi
    • 0.19 miπŸš‡628th Street
    • 0.19 miπŸ₯˜Les Halles
    • 0.19 miπŸ₯˜Izakaya NoMad
    • 0.19 mi🍺O'Reileys
    • 0.19 miπŸ₯˜Wagamama
    • 0.2 miβ˜•οΈLenny's
    • 0.2 miπŸ₯˜Maysville
    • 0.2 miπŸ₯˜La Pecora Bianca
    • 0.2 miπŸ₯˜Dunkin' Donuts
    • 0.2 miβ˜•οΈFIKA 28th Street
    • 0.2 mi🍺Heartland Brewery
    • 0.2 miπŸ₯˜INDAY
    • 0.2 miπŸ₯˜Cosi
    • 0.2 mi🍺Jack Demsey's
    • 0.21 miπŸ₯˜Num Pang
    • 0.21 miβ˜•οΈStarbucks Coffee
    • 0.21 miπŸ₯˜Latin American Restaurant
    • 0.21 miπŸ₯˜PreΜ‚t aΜ€ manger
    • 0.22 miπŸ’ͺPopPhysique
    • 0.22 miπŸ₯˜Mulberry & Vine
    • 0.22 miβ˜•οΈGregory's Coffee
    • 0.22 miπŸ₯˜Waldy's Woodfire Pizza & Penne
    • 0.22 miπŸ₯˜Maui Onion
    • 0.23 mi🍺Hog Pit NYC
    • 0.23 miπŸ₯˜Hill Country Barbecue Market
    • 0.23 mi🍺Grey Bar & Restaurant
    • 0.23 mi🍺The Flatiron Room
    • 0.24 miβ˜•οΈStarbucks
    • 0.24 miβ˜•οΈStarbucks
    • 0.24 miπŸ₯˜Hanjan
    • 0.24 miπŸ₯˜Dos Caminos
    • 0.24 miπŸš‡633rd Street
    • 0.24 miπŸš‡PATH33rd Street
    • 0.24 miπŸ₯˜Melt Shop
    • 0.25 mi🍺Flatiron Hall
    • 0.26 miπŸ₯˜Jazz Standard
    • 0.26 miπŸ₯˜Hee Korean BBQ Grill
    • 0.26 miπŸ₯˜Copper Chimney
    • 0.26 miπŸ₯˜Blue Smoke
    • 0.27 miπŸ₯˜Vezzo
    • 0.27 miπŸ₯˜Dhaulagiri Kitchen
    • 0.27 miπŸ₯˜Pappali
    • 0.27 miπŸ₯˜Lahori Kabab
    • 0.27 miπŸ₯˜Spicy Simphony
    • 0.27 mi🍺Park Hotel Rooftop Bar
    • 0.27 miπŸ₯˜Eleven Madison Park
    • 0.28 miπŸ₯˜Anjappar
    • 0.28 miβ˜•οΈKoffeecake Corner
    • 0.28 miβ˜•οΈStarbucks
    • 0.28 miπŸ₯˜Marcony
    • 0.28 miβ˜•οΈPenelope
    • 0.28 miπŸ₯˜Lallisse
    • 0.28 miβ˜•οΈFIKA 34th Street
    • 0.28 miπŸ₯˜Belvedere
    • 0.28 mi🍺Whiskey Rebel
    • 0.28 miπŸ₯˜Haldi
    • 0.28 miπŸš‡BDFMNQRW34th Street-Herald Square
    • 0.29 miπŸ₯˜Bhatti
    • 0.29 miπŸ₯˜Curry in a Hurry
    • 0.29 miβ˜•οΈCafe R
    • 0.29 miπŸ₯˜Eataly
    • 0.29 miπŸ₯˜Brother Jimmy's BBQ
    • 0.29 miπŸ₯˜Junoon
    • 0.29 miπŸ₯˜Chote Nawab
    • 0.3 miπŸ₯˜Franchia
    • 0.3 miπŸ₯˜Haandi
    • 0.3 mi🍺La Bierria
    • 0.3 miπŸ₯˜Friedman's
    • 0.3 miπŸ₯˜Chop Shop II
    • 0.3 miπŸ₯˜Tappo
    • 0.3 mi🍺Rouge
    • 0.31 miπŸ₯˜Hyo Dong Gak
    • 0.31 miπŸ₯˜Baita by Birreria
    • 0.31 miπŸ’ͺStudio Anya
    • 0.31 miπŸ₯˜Murry Hill Diner
    • 0.32 miπŸ₯˜Eataly
    • 0.32 miβ˜•οΈStarbucks Coffee
    • 0.32 miπŸš‡RW23th Street
    • 0.32 miπŸ₯˜Izakaya Mew
    • 0.33 miπŸ₯˜Saravanaa Bhavan
    • 0.33 miπŸ₯˜Saravana Bhavan
    • 0.33 mi🍺The Ginger Man
    • 0.33 miπŸ₯˜Izumi
    • 0.33 miβ˜•οΈStarbucks
    • 0.33 miπŸ₯˜Cho Dang Gol
    • 0.34 miπŸ₯˜Sushiritto
    • 0.34 miπŸ₯˜Dig Inn Seasonal Market
    • 0.34 miπŸ₯˜VERTS Mediterranean Grill
    • 0.35 miπŸ’ͺUplift Studio
    • 0.35 miπŸ₯˜Bao Bao Cafe
    • 0.35 miπŸ₯˜Kurry Pavilion
    • 0.36 miπŸ₯˜Kofoo
    • 0.36 miβ˜•οΈThe Corner Cafe
    • 0.36 miπŸ₯˜La Tarte FlambΓ©e
    • 0.36 miβ˜•οΈDunkin' Donuts
    • 0.36 miπŸ₯˜Juice
    • 0.36 miπŸ₯˜Balloon
    • 0.36 mi🚌Free maison
    • 0.36 miπŸ₯˜Hummus Kitchen
    • 0.36 mi🍺The Storehouse
    • 0.36 miβ˜•οΈFIKA 23rd Street
    • 0.36 miβ˜•οΈStarbucks
    • 0.36 miπŸ₯˜ViV
    • 0.37 miπŸ₯˜Outback Steakhouse
    • 0.37 miπŸ₯˜Turkish Kitchen
    • 0.37 miπŸ₯˜2nd Ave Deli
    • 0.37 miπŸš‡623rd Street
    • 0.37 miπŸ₯˜Five Guys
    • 0.37 miπŸ₯˜Coppola's
    • 0.37 miπŸ₯˜Le Parisien
    • 0.37 miπŸ₯˜Keens Steakhouse
    • 0.38 miπŸ₯˜Nomado
    • 0.38 miβ˜•οΈStarbucks
    • 0.38 miπŸ₯˜Tonic
    • 0.38 miπŸ₯˜Banc
    • 0.38 miπŸ₯˜Vatan
    • 0.38 miπŸ₯˜Cask
    • 0.38 miβ˜•οΈStarbucks
    • 0.38 miπŸ₯˜Cafe China
    • 0.38 miπŸ₯˜DiDi Dumpling
    • 0.38 miπŸ₯˜Moonstruck
    • 0.39 miπŸš‡FMPATH23rd Street
    • 0.39 mi🍺Smithfield Hall
    • 0.39 miβ˜•οΈGG Cafe
    • 0.39 miπŸ₯˜Sagaponack
    • 0.39 miπŸš‡128th Street
    • 0.39 miπŸ₯˜Rare Bar and Grill
    • 0.39 miπŸ₯˜VLife NYC
    • 0.39 mi🍺Van Diemens
    • 0.39 miβ˜•οΈPret A Manger
    • 0.4 miβ˜•οΈIntelligentsia
    • 0.4 miπŸ₯˜Vino Tapa
    • 0.4 miπŸ₯˜Pita Grill
    • 0.4 miπŸ₯˜Stix
    • 0.4 miβ˜•οΈDunkin' Donuts
    • 0.4 miπŸ₯˜Le Pain Quotidien
    • 0.4 miπŸš—Icon Parking
    • 0.41 miπŸ₯˜Obica Mozzarella Bar
    • 0.41 miπŸ₯˜Olive Garden
    • 0.41 miπŸ₯˜Sunflower Diner
    • 0.41 miβ˜•οΈMoonstruck
    • 0.41 miβ˜•οΈMaison Kayser
    • 0.42 mi🍺Blaggards Pub
    • 0.42 miπŸ₯˜The Australian
    • 0.42 miβ˜•οΈGramercy Star Cafe
    • 0.42 mi🍺Mercury Bar
    • 0.42 miπŸ₯˜Ethos
    • 0.42 miβ˜•οΈSeven Grams
    • 0.43 mi🍺Flying Cock
    • 0.43 miπŸ₯˜By Chloe
    • 0.43 miπŸ₯˜Blockheads
    • 0.43 mi🌲Sniffen Court Historic District
    • 0.43 miπŸ₯˜Bareburger
    • 0.43 miπŸ₯˜Tres Carnes
    • 0.43 mi🍺Rooftop Bar
    • 0.44 mi🍺Barcade
    • 0.44 miπŸš‡12334th Street - Penn Station
    • 0.44 miπŸ’ͺFlywheel Sports
    • 0.44 miπŸš‡12334th Street - Penn Station
    • 0.44 miπŸ₯˜Bella Napoli
    • 0.44 miπŸš‡12334th Street - Penn Station
    • 0.44 miπŸ’ͺPeleton
    • 0.44 miπŸš‡12334th Street - Penn Station
    • 0.45 miπŸ₯˜Babylon
    • 0.45 miπŸ₯˜Nana Sushi
    • 0.45 mi🍺Joshua Tree
    • 0.45 miπŸ₯˜Pio Pio
    • 0.45 miπŸ₯˜Malibu Diner
    • 0.46 miπŸ₯˜Talent
    • 0.46 mi🍺Silverleaf Tavern
    • 0.46 miπŸ₯˜Galata
    • 0.46 mi🍺ted's
    • 0.47 miβ˜•οΈAndrews Coffee Shop

    Neighborhood

    Gramercy Park

    Gramercy Park, often shortened to Gramercy, is a quiet district in Midtown South that, in many ways, has remained untouched by new development over the years. Walking the streets of Gramercy Park, filled with Victorian charm and cultivated greenery, you’d never guess that the area was once in the middle of a swamp. The Manhattan neighborhood borders Third Avenue to the west, Park Avenue South to the east, 23rd Street to the north, and 14th Street to the south.

    The primarily residential neighborhood is well known for the private park at its center that shares the same name. Gramercy Park covers close to two acres of land and is one of only two private parks in New York City, accessible only by key. Approximately 400 keys are in circulation, most belonging to residents who live directly around the park and pay an annual fee.

    With few tourist attractions, Gramercy Park can provide a reprieve from the bustling crowds in surrounding districts. Gramercy’s convenient proximity to Union Square allows for easy commuting both in and out of the neighborhood.

    Gramercy Park Office Space | Lease Data & Trends

    The Gramercy Park commercial real estate inventory totals approximately 21.5 million square feet, with three-fifths of the inventory comprised of Class A properties. Despite the low vacancy rate of 5.2%, office space in Gramercy Park still rent at a lower price per square foot β€” $69.92 β€” than the Midtown South average of $74 and the Midtown Manhattan average of $76. Gramercy office space in a Class A building costs on average $73 per square foot to rent. More than 100,000 additional square feet are currently under construction, primarily Class A units.

    What Our Brokers Say

    The appeal to renting Gramercy Park office space comes from the convenient central location combined with a more laid back neighborhood pace. The neighborhood’s 19,000 residents tend toward the affluent, which creates an excellent environment for financial and business management consultants.

    Gramercy Park is located near a handful of health and medical institutions, including Bellevue Hospital Center, VA NY Harbor Healthcare System, and NYU Medical Center, making the location idea for businesses offering medical services and products. Home health care services and healthcare consultants are common tenants in the area.

    Other notable tenants in the area include Con Edison, Button, Gotham Ghostwriters, ATTCK, Perry Branding Group, and Digital Pulp.

    Getting Around Gramercy Park

    Gramercy Park is the 11th most walkable neighborhood according to Walk Score, scoring 100% for both walking and transit. Gramercy Park is considered a safe neighborhood with little congestion, and the sidewalks around the private Gramercy Park provide scenic routes for joggers, dog-walkers, and employees looking to get a breath of fresh air during a busy workday.

    Union Square is located at Gramercy Park’s southwest corner, and the area is serviced by the 4, 5, 6, N, Q, R, and L trains.

    In the Neighborhood

    Much of the area within Gramercy Park is a designated historic district, admired for the well-preserved buildings showcasing Greek Revival, Italianate, and Gothic Revival architecture. Gramercy Park is even home to two of New York City’s first apartment buildings, which both retain their original facades. This architecture is intermixed with classic brownstones, modern residential developments, and luxury condos.

    Not everything has remained preserved in the past, however. While some neighborhood favorites like Pete’s Tavern have been in operation since 1864, relative newcomers Maialino, Midwinter Kitchen, and Yama are part of a vibrant culinary scene. Gramercy Park also has a lively happy hour scene for after-work socialization, with plenty of popular happy hour specials to be found at Revival, Barfly, Ampersand, and Bait & Hook, to name a few.

    Nearby neighborhoods include Flatiron District, Union Square, Midtown East, East Village, and NoHo.

     

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