61 Irving Place
61 Irving Place, New York, NY 10003
BBL 1008730059 · BIN 1017858
- Year built
- 1950
- Type
- Cooperative
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Subletting by shareholders
- Permitted
- Pied-à-terre
- Permitted with conditions
- Pets
- Pets permitted with conditions; species not stated
- Maximum financing
- 75% of the purchase price
- Doorman
- Part-time doorman
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median, 2023–2026
- $2M
- 3 qualifying sales
- Recent range
- $1.5M – $2M
- Listing discount
- 1.3%
- Recorded transfers
- 41
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Gramercy would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
61 Irving Place — marketed as The Gramercy — is a 32-unit cooperative on one of the most desirable residential corridors below 23rd Street: Irving Place, the short, leafy spine that runs from Gramercy Park down to Union Square. The address buys something specific and scarce: the calm of a low-traffic side street within a block or two of Gramercy Park, Union Square, the Union Square Greenmarket, and the transit hub that feeds the 4, 5, 6, N, Q, R, W, and L lines. Few buildings in Manhattan combine this much quiet with this much connectivity.
The cooperative is intimate — eight stories and roughly thirty-two homes. For buyers who want the Gramercy address and the park-adjacent lifestyle without the cost and formality of the grandest pre-war houses on the park itself, 61 Irving Place is a measured, well-located alternative.
Architecture and unit composition
The building presents a clean masonry face to Irving Place, anchored by a canopied entrance and a marble-floored lobby — a more polished arrival than its modest size would suggest. Inside, the apartments are known for generous proportions: high ceilings, oversized windows, and the kind of architectural character that the conversion preserved rather than erased. The roughly 41,000 reported residential square feet across 32 homes is a gross-area ratio, not measured apartment living area or evidence of a bedroom mix. Confirm each floor plan, dimensions and renovation condition.
The result is a building that lives larger than its eight floors imply: bright, well-proportioned homes a few steps from one of the city's most coveted private parks.
Building operations
The Gramercy runs as a traditional cooperative with part-time door attendance and a building superintendent. Shared facilities are practical rather than amenity-heavy — an elevator, basement storage, and a central laundry room — with costs to assess from the current budget. There is no garage or roof deck; compare actual carrying costs and included services alongside a location that delivers the amenities of the neighborhood (the park, the Greenmarket, the restaurants of Irving Place and Union Square) just outside the door.
As a cooperative, purchases clear through a board with a financial package and interview. The building permits financing up to 75% of the purchase price and is pet-friendly with board approval — both meaningful, buyer-relevant facts in the pre-war and converted co-op market. Subletting is allowed under board-defined terms after an initial owner-occupancy period.
Application and transaction fees
Fees below are from building management's published schedule, as of October 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
Purchase
8 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $700 | Refundable Not stated |
| Background Search FeePer applicant | Paid by Buyer | When With the application | Amount $200 per applicant/adult occupant | Refundable Non-refundable |
| Credit Report FeePer applicant | Paid by Buyer | When With the application | Amount $75 per applicant | Refundable Non-refundable |
| Expedite FeeNon-Mandatory | Paid by Buyer | When With the application | Amount $250 | Refundable Non-refundable |
| Move-In Fee | Paid by Buyer | When At closing | Amount $500 | Refundable Non-refundable |
| Move-Out Fee | Paid by Seller | When At closing | Amount $500 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-In Deposit | Paid by Buyer | When At closing | Amount $500 | Refundable Refundable |
| Move-Out Deposit | Paid by Seller | When At closing | Amount $500 | Refundable Refundable |
Sublet
8 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Expedite FeeNon-Mandatory | Paid by Buyer | When With the application | Amount $250 | Refundable Non-refundable |
| Move-Out Fee | Paid by Shareholder | When With the application | Amount $500 | Refundable Non-refundable |
| Application Processing Fee | Paid by Subtenant | When With the application | Amount $700 | Refundable Non-refundable |
| Background Search FeePer applicant | Paid by Subtenant | When With the application | Amount $200 per applicant/occupant | Refundable Non-refundable |
| Credit Check FeePer applicant | Paid by Subtenant | When With the application | Amount $75 per applicant | Refundable Non-refundable |
| Move-In Fee | Paid by Subtenant | When With the application | Amount $500 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-Out Deposit | Paid by Shareholder | When With the application | Amount $500 | Refundable Refundable |
| Move-In Deposit | Paid by Subtenant | When With the application | Amount $500 | Refundable Refundable |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Financing and purchase requirements
- Maximum financing
- 75% of the purchase priceSource: building management's published schedule, as of October 2026
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Subletting by shareholders
- PermittedSource: The Roebling Team's building profile
- Pied-à-terre ownership
- Permitted with conditionsCase by case basisSource: building management's published schedule, as of October 2026
- Short-term rentals
- Not permittedSource: building management's published schedule, as of October 2026
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Pets and in-unit washer/dryer
- Pets
- Pets permitted with conditions; species not statedThe building permits financing up to 75% of the purchase price and is pet-friendly with board approval — both meaningful, buyer-relevant facts in the pre-war and converted co-op market.Source: The Roebling Team's building profile
- In-unit washer/dryer
- Not verified
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Building staffing and amenities
- Doorman
- Part-time doormanSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- Storage, laundry roomSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $31,747/yr
- Per unit / month range
- $0 – $83
- Modeled exposure split equally across 32 units (the residential count on the city's lot record). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the inspector (QEWI) identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Management & transfer contacts
- Flip tax
- See document posted on page
- Sublet policy
- Allowed; case by case
- Policies and fees
- Max financing 75%; Move-In/Out fee $500 each + $500 refundable deposit each
Recent sales
Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Apr 9, 2026 | 2B | 2 BR · 2 BA | $1,500,000 | +0.0% | |
| Aug 27, 2024 | 7C | 2 BR · 2 BA | $2,000,000 | — | |
| Jun 22, 2023 | 7D | 2 BR · 2 BA | $1,995,000 | -9.1% | |
| Jul 21, 2022 | 5B | 2 BR · 2 BA | $1,700,000 | -1.4% | |
| Apr 26, 2022 | 6A | 2 BR · 2 BA | $3,450,000 | -1.1% | |
| Mar 10, 2022 | 4C | 2 BR · 2 BA | $1,400,000 | +0.0% | |
| Jan 20, 2021 | 3D | 2 BR · 1 BA | $1,118,750 | +17.9% | |
| Jan 5, 2021 | 1A | 2 BR · 2 BA · 1,200 sf | $1,100,000 | $917/sf | -15.3% |
Market read. $/sf is measured on the latest sales with reliable square footage (2021): a median $999/sf (floor-adjusted) across 1 sale. The building has traded as recently as 2026. Median listing discount 1.3% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00873-0059). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at The Gramercy and nearby.
Buying here? Co-op closing costs typically run 2 to 3% of the price. See NYC co-op and condo closing costs, line by line.
Keep up with The Gramercy and its market
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What to know if you’re buying
This is a board-approval cooperative, so plan for a full financial package, an interview, and the 75% financing cap. Underwrite the all-in monthly carry and read the building's financials for reserve health and any planned capital work before you commit. The 75% financing allowance is more flexible than the 50% (or all-cash) postures of some grander Gramercy and Park Avenue co-ops — a real advantage for buyers using a mortgage.
The reasons to buy here are location-first: Irving Place itself, the proximity to Gramercy Park and Union Square, the high-ceilinged homes, and a manageable maintenance. For an owner-occupant who values quiet and walkability over a full amenity stack, the value case is compelling.
What to know if you’re selling
The Irving Place address and the Gramercy/Union Square location are the headline; lead with them. The comparable set is recent closings in the building and in the immediate Gramercy and Union Square cooperative cohort, adjusted for floor, light, and renovation. The 75% financing allowance widens the qualified-buyer pool relative to stricter neighbors — a point worth surfacing in marketing.
Presentation is where value is won in a small converted co-op: a renovated, well-staged home that photographs its ceiling height and light consistently outperforms an unrenovated comparable. We price to the building's real ceiling, position the lifestyle accurately, and prepare the board package for the board's review.
Comparable buildings
If you're considering 61 Irving Place, also look at these Gramercy and Union Square buildings:
- 200 East 21st Street — Gramercy cooperative nearby
- 121 East 22nd Street — full-service Gramercy building
- 117 East 18th Street — pre-war cooperative off Irving Place
- 32 Gramercy Park South — park-block cooperative
- 44 Gramercy Park North — a 1930 English Tudor co-op
More Gramercy buildings
- 48 Gramercy Park North — 1858 co-op
- 50 Gramercy Park North — co-op
- 60 Gramercy Park North — 1928 co-op by Emery Roth
- 67 Irving Place — 1910 condominium by Morris Adjmi Architects
- 81 Irving Place — 1929 co-op by George F. Pelham
- 102 East 22nd Street (Gramercy Arms) — 1928 co-op by Sugarman & Berger
The neighborhood
For the full corridor — architecture, transit, and pricing across Gramercy — read The Roebling Team Guide to Gramercy.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at The Gramercy?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com