Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Gramercy Park vs Jackson Heights

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

Manhattan|Queens

Gramercy Park

Manhattan

Jackson Heights

Queens

How They Compare

For buyers focused on affordability, Jackson Heights has the lower median sale price at $415K vs $1.2M in Gramercy Park.

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

Commuters have more transit options in Jackson Heights, which is served by 5 subway lines compared to 0 in Gramercy Park.

Median Sale Price
$1.2M
$415K
Median Rent
$5K
$2K
Active Listings
221
201
Avg Days on Market
54.5 days
63.5 days
YoY Price Change
+57.7%
0.0%
Monthly Sales Volume
25
29

Detailed Comparison

MetricGramercy ParkJackson Heights
Median Sale Price$1,212,500$415,000
Median Condo Price$1,552,831$520,000
Median Co-op Price$677,500$369,500
Median Rent$5,397.5$2,474.5
Active Listings221201
Rental Inventory228104
Days on Market54.563.5
Price Cut Share10.4%11.4%
Monthly Sales Volume2529
YoY Price Change+57.7%0.0%
YoY Rent Change+14.8%+3.3%
YoY Inventory Change+5.2%-0.5%
Subway LinesN/A7 E F M R

Year-Over-Year Price Movement

Prices in Gramercy Park moved +57.7% over the past year, compared to 0.0% in Jackson Heights. The +57.7% gain in Gramercy Park reflects stronger buyer demand relative to available inventory in that 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.

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Jackson Heights

Jackson Heights is a landmarked planned community originally built in the early 1900s, featuring prewar garden cooperatives with interior courtyards that are listed on the National Register of Historic Places. Approximately 80% of the housing stock consists of co-ops, with the remainder split among attached single-family homes, multi-family row houses, and detached residences, all served by the 7, E, F, M, and R trains at the Roosevelt Avenue hub. Travers Park provides green space, and the commercial corridors along Roosevelt Avenue and 37th Avenue anchor the neighborhood's retail activity.

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Transit Access

Gramercy Park

No subway data available

Jackson Heights

7EFMR

Jackson Heights (7 E F M R) — 0.7 mi

Active Listings

Gramercy Park for sale

View all Gramercy Park listings

Jackson Heights for sale

View all Jackson Heights 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 Jackson Heights?
Jackson Heights is more affordable, with a median sale price of $415,000 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 Jackson Heights?
Gramercy Park has access to 0 subway lines and Jackson Heights has 5, making Jackson 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, Gramercy Park or Jackson Heights?
This depends on what type of home fits your household. Gramercy Park and Jackson Heights 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 Jackson Heights?
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 Jackson Heights 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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