NYC Neighborhood Comparison
Side-by-side market data, transit, and neighborhood profiles to help you decide.
Manhattan
Manhattan
For buyers focused on affordability, East Harlem has the lower median sale price at $689K 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.
Commuters have more transit options in East Harlem, which is served by 3 subway lines compared to 0 in Gramercy Park.
| Metric | East Harlem | Gramercy Park |
|---|---|---|
| Median Sale Price | $688,500 | $1,212,500 |
| Median Condo Price | $663,250 | $1,552,831 |
| Median Co-op Price | $499,911 | $677,500 |
| Median Rent | $2,950 | $5,397.5 |
| Active Listings | 65 | 221 |
| Rental Inventory | 351 | 228 |
| Days on Market | 73 | 54.5 |
| Price Cut Share | 21.5% | 10.4% |
| Monthly Sales Volume | 4 | 25 |
| YoY Price Change | -2.1% | +57.7% |
| YoY Rent Change | +1.9% | +14.8% |
| YoY Inventory Change | +8.3% | +5.2% |
| Subway Lines | 4 5 6 | N/A |
Prices in East Harlem moved -2.1% over the past year, compared to +57.7% in Gramercy Park. Gramercy Park is seeing price appreciation while East Harlem has softened, pointing to different supply-demand dynamics in each market.
East Harlem, also known as El Barrio, is a neighborhood rich in culture, art, and history. Known for its colorful murals and the historic La Marqueta, the area features a growing number of new residential developments alongside historic buildings. The real estate market offers some of Manhattan's most accessible price points, featuring a mix of historic walk-up cooperatives, value-driven HDFC units, and a surge of new luxury condominium developments that offer modern amenities and easy access to the Upper East Side.
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 Report125 St (4 5 6) — 0.6 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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