Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Gramercy Park vs Kew Gardens

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

Manhattan|Queens

Gramercy Park

Manhattan

Kew Gardens

Queens

How They Compare

For buyers focused on affordability, Kew Gardens has the lower median sale price at $260K vs $1.2M in Gramercy Park.

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

Median Sale Price
$1.2M
$260K
Median Rent
$5K
$3K
Active Listings
221
65
Avg Days on Market
54.5 days
88 days
YoY Price Change
+57.7%
-5.5%
Monthly Sales Volume
25
11

Detailed Comparison

MetricGramercy ParkKew Gardens
Median Sale Price$1,212,500$260,000
Median Condo Price$1,552,831$410,670
Median Co-op Price$677,500$260,000
Median Rent$5,397.5$2,795
Active Listings22165
Rental Inventory228119
Days on Market54.588
Price Cut Share10.4%15.4%
Monthly Sales Volume2511
YoY Price Change+57.7%-5.5%
YoY Rent Change+14.8%+18.9%
YoY Inventory Change+5.2%-8.5%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Gramercy Park moved +57.7% over the past year, compared to -5.5% in Kew Gardens. Gramercy Park is seeing price appreciation while Kew Gardens 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.

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Kew Gardens

Kew Gardens is a lush and architecturally rich neighborhood in Central Queens, often described as a 'village in the city.' Bordering the massive Forest Park, the area offers abundant green space and a relaxed residential atmosphere. The real estate market is famous for its historic pre-war cooperatives, historic Tudor-style homes, and modern condominiums, providing a high quality of life with excellent transit links via the LIRR and the E/F subway lines.

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Transit Access

Gramercy Park

No subway data available

Kew Gardens

No subway data available

Active Listings

Gramercy Park for sale

View all Gramercy Park listings

Kew Gardens for sale

View all Kew Gardens 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 Kew Gardens?
Kew Gardens is more affordable, with a median sale price of $260,000 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 Kew Gardens?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Gramercy Park or Kew Gardens?
This depends on what type of home fits your household. Gramercy Park and Kew Gardens 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 Kew Gardens?
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 Kew Gardens 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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