Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Astoria vs Gramercy Park

Side-by-side market data, transit, and neighborhood profiles to help you decide.

Queens|Manhattan

Astoria

Queens

Gramercy Park

Manhattan

How They Compare

For buyers focused on affordability, Astoria has the lower median sale price at $550K vs $1.2M in Gramercy Park.

Investors analyzing rental yield will find Astoria offers a stronger rent-to-price ratio based on current market data.

Median Sale Price
$550K
$1.2M
Median Rent
$3K
$5K
Active Listings
317
221
Avg Days on Market
110 days
54.5 days
YoY Price Change
-48.2%
+57.7%
Monthly Sales Volume
20
25

Detailed Comparison

MetricAstoriaGramercy Park
Median Sale Price$550,055$1,212,500
Median Condo Price$817,300$1,552,831
Median Co-op Price$430,000$677,500
Median Rent$3,000$5,397.5
Active Listings317221
Rental Inventory1079228
Days on Market11054.5
Price Cut Share11.0%10.4%
Monthly Sales Volume2025
YoY Price Change-48.2%+57.7%
YoY Rent Change+0.8%+14.8%
YoY Inventory Change+6.0%+5.2%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Astoria moved -48.2% over the past year, compared to +57.7% in Gramercy Park. Gramercy Park is seeing price appreciation while Astoria has softened, pointing to different supply-demand dynamics in each market.

Neighborhood Profiles

Astoria

Astoria is one of New York City’s most beloved neighborhoods, famous for its incredible international food scene and relaxed atmosphere. The real estate market offers excellent value, featuring a blend of traditional multi-family brick houses, pre-war cooperatives, and a growing number of sleek new construction condominiums. With its stunning waterfront park and quick commute to Manhattan, Astoria is a top choice for those seeking a balanced urban lifestyle.

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Gramercy Park

Gramercy Park is one of New York City’s most storied and architecturally distinctive neighborhoods, centered around the only private park in Manhattan. The area exudes old-world charm with its gas-lit streets and impeccably preserved 19th-century architecture. While the park itself is private, the surrounding real estate offers a mix of historic brownstones, elegant pre-war cooperatives, and boutique new developments that cater to those seeking a low-traffic urban retreat.

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Transit Access

Astoria

No subway data available

Gramercy Park

No subway data available

Active Listings

Astoria for sale

View all Astoria listings

Gramercy Park for sale

View all Gramercy Park listings

Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 1/1/1970.

Frequently Asked Questions

Is Astoria cheaper than Gramercy Park?
Yes, Astoria has a lower median sale price at $550,055 compared to $1,212,500 in Gramercy Park as of the most recent market data. Co-op and condo prices within each neighborhood can vary significantly, so the right fit depends on property type and building.
Which has better transit, Astoria or Gramercy Park?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Astoria or Gramercy Park?
This depends on what type of home fits your household. Astoria and Gramercy Park both offer a mix of apartment and multi-room units in co-ops, condos, and townhouses. Larger 3- and 4-bedroom units, including townhouses and multi-family properties, tend to be more available in lower-density areas. Reviewing active listings filtered by bedroom count is the most reliable way to see what each neighborhood currently offers for larger households. A licensed broker can pull current inventory by bedroom count across both areas for a direct comparison.
Should I buy in Astoria or Gramercy Park?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Astoria and Gramercy Park gives you the clearest picture of what your budget gets in each location. Request a free CMA from Milton Coste to get a side-by-side breakdown of current opportunities.

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Need Help Choosing?

With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.

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