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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, Midtown East has the lower median sale price at $775K vs $1.2M in Gramercy Park.
Investors analyzing rental yield will find Midtown East offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in Midtown East, which is served by 7 subway lines compared to 0 in Gramercy Park.
| Metric | Gramercy Park | Midtown East |
|---|---|---|
| Median Sale Price | $1,212,500 | $775,000 |
| Median Condo Price | $1,552,831 | $990,000 |
| Median Co-op Price | $677,500 | $628,000 |
| Median Rent | $5,397.5 | $4,895 |
| Active Listings | 221 | 1163 |
| Rental Inventory | 228 | 1710 |
| Days on Market | 54.5 | 60 |
| Price Cut Share | 10.4% | 13.2% |
| Monthly Sales Volume | 25 | 95 |
| YoY Price Change | +57.7% | -16.2% |
| YoY Rent Change | +14.8% | +8.8% |
| YoY Inventory Change | +5.2% | +1.8% |
| Subway Lines | N/A | 4 5 6 7 E M S |
Prices in Gramercy Park moved +57.7% over the past year, compared to -16.2% in Midtown East. Gramercy Park is seeing price appreciation while Midtown East has softened, pointing to different supply-demand dynamics in each market.
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 ReportMidtown East is a dynamic hub that is the gateway to Manhattan for many. Home to iconic landmarks like Grand Central Terminal and the Chrysler Building, the neighborhood offers unparalleled convenience for commuters and professionals. The residential landscape is a mix of high-rise luxury towers and historic side-street cooperatives, providing a wide array of options for those who want to be at the center of the city's energy.
View Full Market ReportNo subway data available
Grand Central-42 St (4 5 6 7 S) — 0.3 mi
51 St (6) — 0.3 mi
Lexington Av/53 St (E M) — 0.4 mi
5 Av/53 St (E M) — 0.5 mi
59 St (4 5 6) — 0.7 mi
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.