Studio, Gramercy, Manhattan, $2,795

If you love Gramercy, than living on Irving Place is a dream come true. This building is located between Irving and Third and is just a stones throw away from Gramercy Park.150 East 18th Street is on the same block as Pete's Tavern where O'Henry wrote "The Gift of the Magi" in his favorite booth by the front door. Pete's Tavern has been open since 1864 and in my opinion, has some of the best burgers in the city.The full time doorman building has studios, one-bedrooms, and a handful of two-bedroom units. Many of the one-beds that face West above the 7th floor have great views of the Empire State Building. It is by far one of the best values I have found located that close to Irving Place and Gramercy Park.