Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Gramercy Park vs Gravesend

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

Manhattan|Brooklyn

Gramercy Park

Manhattan

Gravesend

Brooklyn

How They Compare

For buyers focused on affordability, Gravesend has the lower median sale price at $975K 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.

Median Sale Price
$1.2M
$975K
Median Rent
$5K
$3K
Active Listings
221
165
Avg Days on Market
54.5 days
56 days
YoY Price Change
+57.7%
-5.1%
Monthly Sales Volume
25
29

Detailed Comparison

MetricGramercy ParkGravesend
Median Sale Price$1,212,500$975,000
Median Condo Price$1,552,831$667,500
Median Co-op Price$677,500$357,500
Median Rent$5,397.5$3,075
Active Listings221165
Rental Inventory22876
Days on Market54.556
Price Cut Share10.4%9.7%
Monthly Sales Volume2529
YoY Price Change+57.7%-5.1%
YoY Rent Change+14.8%+4.3%
YoY Inventory Change+5.2%+1.9%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Gramercy Park moved +57.7% over the past year, compared to -5.1% in Gravesend. Gramercy Park is seeing price appreciation while Gravesend has softened, pointing to different supply-demand dynamics in each market.

Neighborhood Profiles

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.

View Full Market Report

Gravesend

Gravesend offers a broad housing mix including semi-detached single-family homes, postwar co-op towers, and newly constructed boutique condominiums spread across a grid of low-traffic residential streets in southern Brooklyn. The D, F, and N subway lines serve the neighborhood at multiple stations along Kings Highway and Avenue U, connecting to Midtown Manhattan in about 45 minutes. Calvert Vaux Park provides 73 acres of green space and waterfront access along Coney Island Creek.

View Full Market Report

Transit Access

Gramercy Park

No subway data available

Gravesend

No subway data available

Active Listings

Gramercy Park for sale

View all Gramercy Park listings

Gravesend for sale

View all Gravesend 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 Gramercy Park cheaper than Gravesend?
Gravesend is more affordable, with a median sale price of $975,000 vs $1,212,500 in Gramercy Park. Pricing can vary widely by building, floor, and unit condition, so review current listings for accurate comparisons.
Which has better transit, Gramercy Park or Gravesend?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Gramercy Park or Gravesend?
This depends on what type of home fits your household. Gramercy Park and Gravesend 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 Gramercy Park or Gravesend?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Gramercy Park and Gravesend 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.

More Comparisons

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.

Call Milton WhatsApp