Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Boerum Hill vs Gramercy Park

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

Brooklyn|Manhattan

Boerum Hill

Brooklyn

Gramercy Park

Manhattan

How They Compare

For buyers focused on affordability, Gramercy Park has the lower median sale price at $1.2M vs $1.4M in Boerum Hill.

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

Commuters have more transit options in Boerum Hill, which is served by 8 subway lines compared to 0 in Gramercy Park.

Median Sale Price
$1.4M
$1.2M
Median Rent
$5K
$5K
Active Listings
39
221
Avg Days on Market
92.5 days
54.5 days
YoY Price Change
+21.2%
+57.7%
Monthly Sales Volume
12
25

Detailed Comparison

MetricBoerum HillGramercy Park
Median Sale Price$1,425,000$1,212,500
Median Condo Price$1,841,250$1,552,831
Median Co-op PriceN/A$677,500
Median Rent$5,000$5,397.5
Active Listings39221
Rental Inventory218228
Days on Market92.554.5
Price Cut Share2.6%10.4%
Monthly Sales Volume1225
YoY Price Change+21.2%+57.7%
YoY Rent Change+24.3%+14.8%
YoY Inventory Change-39.1%+5.2%
Subway Lines2 3 4 5 A C F RN/A

Year-Over-Year Price Movement

Prices in Boerum Hill moved +21.2% over the past year, compared to +57.7% in Gramercy Park. The +57.7% gain in Gramercy Park reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

Boerum Hill

Boerum Hill is a historic residential neighborhood with tree-lined streets and retail along Atlantic Avenue and Smith Street. Housing stock features three-story row houses and newer high-end condominium developments, with F/G subway service at Bergen Street.

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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

Boerum Hill

2345ACFR

Jay St-MetroTech (A C F R) — 0.4 mi

Borough Hall (2 3 4 5) — 0.5 mi

Court St (R) — 0.6 mi

Gramercy Park

No subway data available

Active Listings

Boerum Hill for sale

View all Boerum Hill 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 Boerum Hill cheaper than Gramercy Park?
Gramercy Park is more affordable, with a median sale price of $1,212,500 vs $1,425,000 in Boerum Hill. Pricing can vary widely by building, floor, and unit condition, so review current listings for accurate comparisons.
Which has better transit, Boerum Hill or Gramercy Park?
Boerum Hill has access to 8 subway lines and Gramercy Park has 0, making Boerum Hill the stronger option for transit access. Gramercy Park has 0 lines, which may still cover your commute depending on your destination.
Which is better for families, Boerum Hill or Gramercy Park?
This depends on what type of home fits your household. Boerum Hill 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 Boerum Hill 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 Boerum Hill 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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