Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Battery Park City vs Gramercy Park

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

Manhattan|Manhattan

Battery Park City

Manhattan

Gramercy Park

Manhattan

How They Compare

For buyers focused on affordability, Battery Park City has the lower median sale price at $815K vs $1.2M in Gramercy Park.

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

Commuters have more transit options in Battery Park City, which is served by 9 subway lines compared to 0 in Gramercy Park.

Median Sale Price
$815K
$1.2M
Median Rent
$5K
$5K
Active Listings
117
221
Avg Days on Market
79 days
54.5 days
YoY Price Change
-38.0%
+57.7%
Monthly Sales Volume
14
25

Detailed Comparison

MetricBattery Park CityGramercy Park
Median Sale Price$815,000$1,212,500
Median Condo Price$670,000$1,552,831
Median Co-op Price$2,038,605.5$677,500
Median Rent$5,355$5,397.5
Active Listings117221
Rental Inventory159228
Days on Market7954.5
Price Cut Share10.3%10.4%
Monthly Sales Volume1425
YoY Price Change-38.0%+57.7%
YoY Rent Change+7.2%+14.8%
YoY Inventory Change+9.3%+5.2%
Subway Lines1 2 3 4 5 J R W ZN/A

Year-Over-Year Price Movement

Prices in Battery Park City moved -38.0% over the past year, compared to +57.7% in Gramercy Park. Gramercy Park is seeing price appreciation while Battery Park City has softened, pointing to different supply-demand dynamics in each market.

Neighborhood Profiles

Battery Park City

Battery Park City is a meticulously planned residential development at the southern tip of Manhattan. Surrounded by the Hudson River and over 30 acres of manicured parks, it offers a low-traffic, suburban feel within the city. The neighborhood is known for its commitment to green building standards and features a range of luxury condominiums and cooperatives that offer breathtaking views of the Statue of Liberty and the New York Harbor.

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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

Battery Park City

12345JRWZ

Rector St (1 R W) — 0.1 mi

Bowling Green (4 5) — 0.2 mi

Wall St (2 3 4 5) — 0.2 mi

Broad St (J Z) — 0.3 mi

Whitehall St-South Ferry (R W) — 0.3 mi

Gramercy Park

No subway data available

Active Listings

Battery Park City for sale

View all Battery Park City 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 Battery Park City cheaper than Gramercy Park?
Yes, Battery Park City has a lower median sale price at $815,000 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, Battery Park City or Gramercy Park?
Battery Park City has access to 9 subway lines and Gramercy Park has 0, making Battery Park City 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, Battery Park City or Gramercy Park?
This depends on what type of home fits your household. Battery Park City 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 Battery Park City 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 Battery Park City 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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