NYC Neighborhood Comparison
Side-by-side market data, transit, and neighborhood profiles to help you decide.
Brooklyn
Manhattan
For buyers focused on affordability, Downtown Brooklyn has the lower median sale price at $830K vs $1.2M in Gramercy Park.
Investors analyzing rental yield will find Downtown Brooklyn offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in Downtown Brooklyn, which is served by 8 subway lines compared to 0 in Gramercy Park.
| Metric | Downtown Brooklyn | Gramercy Park |
|---|---|---|
| Median Sale Price | $830,000 | $1,212,500 |
| Median Condo Price | $1,395,000 | $1,552,831 |
| Median Co-op Price | $877,953 | $677,500 |
| Median Rent | $4,780 | $5,397.5 |
| Active Listings | 129 | 221 |
| Rental Inventory | 688 | 228 |
| Days on Market | 46 | 54.5 |
| Price Cut Share | 10.1% | 10.4% |
| Monthly Sales Volume | 11 | 25 |
| YoY Price Change | -9.5% | +57.7% |
| YoY Rent Change | +8.4% | +14.8% |
| YoY Inventory Change | +38.7% | +5.2% |
| Subway Lines | 2 3 4 5 A C F R | N/A |
Prices in Downtown Brooklyn moved -9.5% over the past year, compared to +57.7% in Gramercy Park. Gramercy Park is seeing price appreciation while Downtown Brooklyn has softened, pointing to different supply-demand dynamics in each market.
Downtown Brooklyn features a mixture of historic brownstones and modern high-rise architecture. The area is built around major transit hubs, including LIRR access and multiple subway lines. Residents benefit from green space in Brooklyn Bridge Park and prominent local landmarks.
View Full Market ReportGramercy 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.
View Full Market ReportCourt St (R) — 0.1 mi
Borough Hall (2 3 4 5) — 0.1 mi
Jay St-MetroTech (A C F R) — 0.2 mi
Clark St (2 3) — 0.3 mi
High St (A C) — 0.4 mi
No subway data available
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.
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