Cryogenic diamond burnishing is an impactful method to enhance the functional performance of the product. In this article, an experimental study on the diamond burnishing of 17-4 precipitation hardenable stainless steel in a cryogenic cooling condition has been presented. This material has excellent corrosion resistance, high strength and enormous applications in the manufacturing industries. The control variables were namely burnishing force, burnishing feed and burnishing force have been studied and modeled for the output responses explicitly surface hardness and surface roughness. The influence of control variables on performance features has been analyzed using response surface graphs. The significant influence of burnishing conditions on the output responses was established by analysis of variance. Desirability function approach has been employed to optimize the multi-performance characteristics. At the corresponding highest desirability, the optimal process parameter combination was found to be burnishing feed = 0.053 mm/rev, burnishing speed = 31.29 m/min and burnishing force = 200 N which yields a minimum surface roughness = 0.199 µm and maximum surface hardness = 397.48 HV. The maximum percentage of error among the predicted and experimental results was found to be 10% and 2%, respectively, for surface roughness and surface hardness. The investigational findings were observed to be in agreement with the predicted value with permissible deviation. © 2020, King Fahd University of Petroleum & Minerals.