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25+ years experience · 1,000+ transactions · 5-star reviews
NYC Neighborhood Comparison
Side-by-side market data, transit, and neighborhood profiles to help you decide.
Manhattan
Manhattan
For buyers focused on affordability, Central Park South has the lower median sale price at $1.1M vs $1.2M in Gramercy Park.
Investors analyzing rental yield will find Central Park South offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in Central Park South, which is served by 15 subway lines compared to 0 in Gramercy Park.
| Metric | Central Park South | Gramercy Park |
|---|---|---|
| Median Sale Price | $1,072,500 | $1,212,500 |
| Median Condo Price | N/A | $1,552,831 |
| Median Co-op Price | $1,900,000 | $677,500 |
| Median Rent | $12,000 | $5,397.5 |
| Active Listings | 74 | 221 |
| Rental Inventory | 50 | 228 |
| Days on Market | 80.5 | 54.5 |
| Price Cut Share | 17.6% | 10.4% |
| Monthly Sales Volume | 2 | 25 |
| YoY Price Change | -57.9% | +57.7% |
| YoY Rent Change | +50.1% | +14.8% |
| YoY Inventory Change | +12.1% | +5.2% |
| Subway Lines | 1 4 5 6 A B C D E F M N Q R W | N/A |
Prices in Central Park South moved -57.9% over the past year, compared to +57.7% in Gramercy Park. Gramercy Park is seeing price appreciation while Central Park South has softened, pointing to different supply-demand dynamics in each market.
Central Park South is one of the most recognized and sought-after residential stretches in the world. Often associated with 'Billionaires' Row,' the neighborhood offers unparalleled, unobstructed views of Central Park. The real estate market is a mix of legendary pre-war cooperatives, historic hotels-turned-residences, and soaring ultra-luxury glass towers that provide the pinnacle of New York City living and white-glove service.
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 Report57 St (F N Q R W) — 0.1 mi
59 St-Columbus Circle (1 A B C D) — 0.3 mi
5 Av/53 St (E M) — 0.4 mi
66 St-Lincoln Center (1) — 0.6 mi
59 St (4 5 6) — 0.7 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.
With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.
