Skip to Content
CityRealty Logo
While soaring skyscrapers and architecturally creative buildings have captured considerable attention, it is worth noting that new developments inspired by prewar architecture - including, but not limited to, 220 Central Park South on Billionaires’ Row, 15 Central Park West, and The Benson and The Bellemont in Carnegie Hill - have regularly ranked among New York’s best-selling developments and highest-priced sales.
Further downtown, The Edison Gramercy, developed by Urban Development Partners and designed by Issac & Stern brings a traditional design to 359 Second Avenue with a limestone facade, French windows and doors, a mansard roof line, Juliet balconies, and oversized gridded windows. If early numbers are anything to go on, it is putting on as strong a performance as other classically inspired buildings — in less than a month since sales launched, the building has reached 50% in sales.

In this article:

250 East 21st Street
250 East 21st Street Gramercy Park
Remaining availabilities start at $1.2 million for one-bedrooms and $3.75 million for three-bedrooms. Among them is a three-bedroom, 1,894-square-foot penthouse with 355 square feet of private outdoor space; this is listed for $5.75 million. Closings are estimated for the third quarter of 2022.
359-Second-Avenue-02 Facade details
359-Second-Avenue-1 Rendering looking south at The Edison Gramercy via Issac & Stern;
The Edison Gramercy is across the street from Peter’s Field and up the block from Stuyvesant Square Park. Some of the city’s best restaurants - Union Square Café, Gramercy Tavern, and ABC Kitchen among them - are a short walk away.

It is also located in the midst of a local building boomlet. Up the street, listings at Celeste Gramercy are quickly entering contract; remaining availabilities start at $2.575 million for two-bedrooms and $2.975 million for three-bedrooms. In the opposite direction, a small handful of availabilities at 121 East 22nd Street starts at $3.055 million.
 
 
 
 
Enlarge Image
Enlarge Image
Enlarge Image
Enlarge Image
Enlarge Image
Enlarge Image
Enlarge Image
Enlarge Image
Enlarge Image
Enlarge Image

↓ "We’ve recently been seeing a trend of people gravitating toward boutique buildings and we wanted to create a project that captures the essence of elegant Parisian style in a romantic location" — Fredrik Eklund, Douglas Elliman

359-Second-Avenue The Edison Gramercy (Douglas Elliman)

↓ Thoughtfully designed kitchens feature custom millwork, Tundra marble countertops and backsplash, bespoke Waterworks nickel fittings, stainless steel undermount sink with InSinkErator disposal, and fully integrated Miele appliances.

359-Second-Avenue

↓ Four-fixture primary baths come outfitted with Crystallo Pearl marble, an elegant metal and millwork vanity with saddle leather pulls, bespoke Waterworks fixtures in polished nickel, custom medicine cabinets with saddle leather trim, and custom sconces.

359-Second-Avenue

↓ Residents are greeted by a 24-hour attended lobby.

359-Second-Avenue

↓ A fitness center with LifeFitness equipment opens up to a landscaped Yoga Garden.

359-Second-Avenue
Would you like to tour this property?
Just complete the info below.
  1. Select which properties are of interest to you:

Or call us at (212) 755-5544

↓ The Residents' Salon is beautifully appointed with a marble-mantled fireplace, large-screen media center, and dining table.

359-Second-Avenue

↓ Two landscaped rooftop parks look out on iconic Manhattan views.

359-Second-Avenue

↓ One-bedrooms start at $1.2 million.

359-Second-Avenue

↓ Three-bedrooms start at $3.75 million.

359-Second-Avenue

↓ A penthouse's Great Room and a secondary bedroom open up to a massive, east-facing private terrace. This penthouse is listed for $5.75 million.

359-Second-Avenue
359-Second-Avenue
359-Second-Avenue



Would you like to tour this property?
Just complete the info below.
  1. Select which properties are of interest to you:

Or call us at (212) 755-5544
Would you like to tour any of these properties?