- Year built
- 2019
- Type
- Condominium
- Landmark
- No
Celeste Gramercy is a 20-story boutique condominium that does something genuinely uncommon in the neighborhood: it brings ground-up, full-amenity new construction — including an outdoor heated pool — to a stretch of 23rd Street defined by pre-war lofts and converted commercial buildings. Designed by Eran Chen of ODA, the tower is the kind of sculptural object the firm is known for: a limestone-and-glass mass whose upper floors fold and taper toward a single crystalline point, a silhouette the developers likened to the North Star.
The building's case is its scarcity and its package. With only 51 residences spanning one- to three-bedroom homes and three penthouses, it is intimate by design, yet it carries an amenity suite — pool, rooftop, fitness center, playroom, lounge — usually reserved for far larger projects. Sitting almost equidistant between Gramercy Park to the south and Madison Square Park to the north, with the 6, N, Q, R, and W trains within a short walk, it occupies one of the most connected positions in the neighborhood.
For buyers, the appeal is direct: a modern condominium — with the financing flexibility, ownership latitude, and resale liquidity a condominium offers — in a corner of Manhattan where most of the housing stock is older, smaller-scale, and frequently co-op.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $4,211/yr
- Per unit / month range
- $0 – $7
What to know if you’re selling
The architecture and the amenity package are the marketing core. ODA's faceted tower and, above all, the outdoor heated pool are durable differentiators that distinguish a resale here from anything in the surrounding pre-war inventory. Benchmark to new-construction condominiums around Gramercy and Madison Square, not the older co-ops — the building debuted in the top tier of the immediate area and should be positioned there. Closing mechanics are condominium-standard: a resale clears through a right-of-first-refusal rather than a board process, a faster and more predictable path that itself appeals to the flexibility-minded buyer this building attracts. With only 51 homes, available inventory is thin, and a well-positioned resale benefits from that scarcity.
Comparable buildings
If you're considering Celeste Gramercy, also evaluate nearby Gramercy and Flatiron condominium inventory:
- 234 East 23rd Street — contemporary condominium across the street
- 250 East 21st Street — newer Gramercy condominium to the south
- 200 East 20th Street — new-construction Gramercy condominium
- 49 East 21st Street — pre-war loft condominium nearby
- 305 East 24th Street — Gramercy building to the north
The Roebling Team at Celeste Gramercy
The Roebling Team at Compass specializes in Gramercy, the Flatiron district, and the broader downtown condominium market. We publish this profile because buyers and sellers evaluating new-construction condominiums deserve building-specific intelligence — the architecture, the amenity program, the ownership structure, and where the pricing sits against both new and pre-war inventory. If you're considering a transaction at Celeste, a 30-minute consultation is the right place to start.
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