Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Brooklyn Heights vs Gramercy Park

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

Brooklyn|Manhattan

Brooklyn Heights

Brooklyn

Gramercy Park

Manhattan

How They Compare

For buyers focused on affordability, Brooklyn Heights has the lower median sale price at $1.1M vs $1.2M in Gramercy Park.

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

Median Sale Price
$1.1M
$1.2M
Median Rent
$5K
$5K
Active Listings
84
221
Avg Days on Market
31 days
54.5 days
YoY Price Change
-19.0%
+57.7%
Monthly Sales Volume
12
25

Detailed Comparison

MetricBrooklyn HeightsGramercy Park
Median Sale Price$1,099,500$1,212,500
Median Condo Price$2,700,000$1,552,831
Median Co-op Price$903,028$677,500
Median Rent$4,946$5,397.5
Active Listings84221
Rental Inventory138228
Days on Market3154.5
Price Cut Share9.5%10.4%
Monthly Sales Volume1225
YoY Price Change-19.0%+57.7%
YoY Rent Change+5.2%+14.8%
YoY Inventory Change-33.9%+5.2%
Subway Lines2 3 4 5 A C F RN/A

Year-Over-Year Price Movement

Prices in Brooklyn Heights moved -19.0% over the past year, compared to +57.7% in Gramercy Park. Gramercy Park is seeing price appreciation while Brooklyn Heights has softened, pointing to different supply-demand dynamics in each market.

Neighborhood Profiles

Brooklyn Heights

Brooklyn Heights is New York City’s first historic district, famous for its grand architecture and the iconic Brooklyn Heights Promenade. Offering some of the most breathtaking views of Lower Manhattan and the Statue of Liberty, the neighborhood exudes a low-traffic, old-world elegance. The real estate market is characterized by magnificent pre-war townhouses, sought-after cooperatives, and a select few ultra-luxury waterfront developments along Brooklyn Bridge Park.

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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

Brooklyn Heights

2345ACFR

Clark St (2 3) — 0.1 mi

Court St (R) — 0.2 mi

High St (A C) — 0.3 mi

Borough Hall (2 3 4 5) — 0.3 mi

Jay St-MetroTech (A C F R) — 0.4 mi

Gramercy Park

No subway data available

Active Listings

Brooklyn Heights for sale

View all Brooklyn Heights 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 Brooklyn Heights cheaper than Gramercy Park?
Yes, Brooklyn Heights has a lower median sale price at $1,099,500 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, Brooklyn Heights or Gramercy Park?
Brooklyn Heights has access to 8 subway lines and Gramercy Park has 0, making Brooklyn Heights 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, Brooklyn Heights or Gramercy Park?
This depends on what type of home fits your household. Brooklyn Heights 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 Brooklyn Heights 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 Brooklyn Heights 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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