Office space in Gramercy Park.
At a glance
Building stock
Prewar loft and office buildings beside residential townhouses — characterful floorplates, good light, boutique scale. Large contiguous blocks are limited.
Rent posture
A boutique Midtown South market: asking rents track the district’s smaller, character-rich space, below the prime loft cores. (Current market data, Q2 2026.)
Office inventory
2,538,302 SF of office space across 24 office buildings — 16 of them 50,000 SF or larger, averaging a 1914 vintage.
Small (<50k)
8 buildings, 219,002 SF total, averaging a 1915 vintage.
The floor of the market — single-tenant or partial-floor space.
Mid-Size (50k-150k)
9 buildings, 870,980 SF total, averaging a 1917 vintage.
Room to grow — typically several floors for one tenant.
Large (150k-500k)
7 buildings, 1,448,320 SF total, averaging a 1911 vintage.
Anchor scale — often most or all of a building.
Source: NYC Department of City Planning, MapPLUTO (fetched July 2026) — counting only true office buildings: 10,000 SF of office or more, office above grade (not a ground-floor office under apartments), purpose-built or converted loft/office-condo stock. Spatially joined to DLS’s 31 mapped submarkets.
Where rents sit
Asking rent, $/SF · Current market data, Q2 2026, shown at the district level — no submarket-specific series is published at this granularity.
Questions
What is the office market like in Gramercy Park?
Gramercy Park is a quiet, boutique office district around its private park east of Park Avenue South — prewar lofts leased by smaller professional, design, and creative tenants. DLS Commercial Real Estate represents tenants here, negotiating space, character, and terms in a refined Midtown South pocket.
Does DLS represent tenants in Gramercy Park?
Yes. DLS Commercial Real Estate advises office tenants across Gramercy Park and Manhattan's other office submarkets — the tenant's interests only, with a fee customarily paid by the landlord.
