Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Concourse vs Gramercy Park

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

Bronx|Manhattan

Concourse

Bronx

Gramercy Park

Manhattan

How They Compare

For buyers focused on affordability, Concourse has the lower median sale price at $633K vs $1.2M in Gramercy Park.

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

Median Sale Price
$633K
$1.2M
Median Rent
$2K
$5K
Active Listings
56
221
Avg Days on Market
46.5 days
54.5 days
YoY Price Change
+62.2%
+57.7%
Monthly Sales Volume
7
25

Detailed Comparison

MetricConcourseGramercy Park
Median Sale Price$632,500$1,212,500
Median Condo PriceN/A$1,552,831
Median Co-op Price$190,000$677,500
Median Rent$2,057$5,397.5
Active Listings56221
Rental Inventory56228
Days on Market46.554.5
Price Cut Share1.8%10.4%
Monthly Sales Volume725
YoY Price Change+62.2%+57.7%
YoY Rent Change-16.0%+14.8%
YoY Inventory Change+30.2%+5.2%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Concourse moved +62.2% over the past year, compared to +57.7% in Gramercy Park. The +62.2% gain in Concourse reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

Concourse

The Concourse neighborhood centers on the Grand Concourse, a 5.2-mile Parisian-inspired boulevard lined with the largest collection of Art Deco and Art Moderne apartment buildings in the United States. Five- and six-story prewar co-ops with wide entrance courtyards and ornamental facades define the streetscape, complemented by postwar mid-rises. The B and D trains run beneath the Grand Concourse, with the 4 and 5 trains at 149th Street-Grand Concourse, all providing express service to Manhattan.

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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

Concourse

No subway data available

Gramercy Park

No subway data available

Active Listings

Concourse for sale

View all Concourse 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 Concourse cheaper than Gramercy Park?
Yes, Concourse has a lower median sale price at $632,500 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, Concourse or Gramercy Park?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Concourse or Gramercy Park?
This depends on what type of home fits your household. Concourse 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 Concourse 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 Concourse 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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