Real Estate Weekly
Image default
Deals & Dealmakers

250 East 21st Street Announces Closings with Unprecedented Sales Velocity

 250 East 21st Street – a luxury boutique ground-up condominium building inspired by the European charm of the surrounding Gramercy neighborhood – today announced the official commencement of closings and immediate occupancy. Referred to as The Edison Gramercy, the 54-unit building has also achieved an unprecedented sales velocity and is now 90% sold after launching earlier this year. With only a few residences remaining, including premier penthouse residences, time is running out for prospective buyers to call 250 East 21st Street home.

“We couldn’t be more thrilled to have reached these two important milestones. With all it has to offer, it comes as no surprise that 250 East 21st Street has experienced such strong sales momentum and we anticipate that the building will completely sell out soon,” said John Gomes of The Eklund | Gomes Team at Douglas Elliman, the exclusive sales and marketing agents for the building. “This development caters to everything today’s savvy buyer is looking for. It is boutique with character, offers expansive interior living coupled with outdoor space, and provides thoughtful amenities, all within a celebrated neighborhood. We couldn’t be more excited to welcome our first residents home.”

250 East 21st Street is a romantic Parisian-style building that evokes pre-war charm. A timeless limestone façade crowned by an iconic mansard roof designed by Issac & Stern Architects compliments the meticulously designed interiors by Paris Forino, which exhibit an equally impressive array of custom detailing. The residences are enhanced with a suite of wellness and social amenities, including an enchanting array of secret gardens. Extending from the second floor to the rooftop, the amenity collection features a resident’s salon, fitness center, yoga garden and rooftop park akin to nearby Gramercy Park.

Located at Second Avenue in the heart of the charming Gramercy neighborhood, the building is moments away from Gramercy Park, Union Square’s tech and transit hub as well as some of the city’s finest dining establishments, including ABC Kitchen and Gramercy Tavern.

Offering prospective buyers a first look inside the building, 250 East 21st Street will soon unveil a new spacious 2,468-square-foot four bedroom model residence with 316 square feet of private outdoor space furnished by ASH Staging, a division of AD100 firm ASH NYC. Current availability starts at $3,995,000. For more information, please visit or email

Related posts

Avison Young arranges 99-year ground lease for an estimated $21.5 million


Rosewood Realty Group Brokers $36.5 Million Sale of 15-Story Hells Kitchen Mixed-Use Building


Miller Construction Begins Work on an 80,000-Square-Foot Build-to-Suit Industrial Warehouse in Orlando