Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Gramercy Park vs South Jamaica

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

Manhattan|Queens

Gramercy Park

Manhattan

South Jamaica

Queens

How They Compare

For buyers focused on affordability, South Jamaica has the lower median sale price at $665K vs $1.2M in Gramercy Park.

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

Median Sale Price
$1.2M
$665K
Median Rent
$5K
$3K
Active Listings
221
15
Avg Days on Market
54.5 days
0 days
YoY Price Change
+57.7%
-0.8%
Monthly Sales Volume
25
16

Detailed Comparison

MetricGramercy ParkSouth Jamaica
Median Sale Price$1,212,500$664,500
Median Condo Price$1,552,831N/A
Median Co-op Price$677,500N/A
Median Rent$5,397.5$3,299
Active Listings22115
Rental Inventory22811
Days on Market54.50
Price Cut Share10.4%13.3%
Monthly Sales Volume2516
YoY Price Change+57.7%-0.8%
YoY Rent Change+14.8%0.0%
YoY Inventory Change+5.2%-25.0%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Gramercy Park moved +57.7% over the past year, compared to -0.8% in South Jamaica. Gramercy Park is seeing price appreciation while South Jamaica 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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South Jamaica

South Jamaica features brick rowhouses and new residential developments on tree-lined streets between the 100-acre Baisley Pond Park and Roy Wilkins Park. The Jamaica Center transit hub is one mile north, connecting the E, J, and Z subway lines, the LIRR, and the AirTrain to JFK Airport.

View Full Market Report

Transit Access

Gramercy Park

No subway data available

South Jamaica

No subway data available

Active Listings

Gramercy Park for sale

View all Gramercy Park listings

South Jamaica for sale

View all South Jamaica 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 South Jamaica?
South Jamaica is more affordable, with a median sale price of $664,500 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 South Jamaica?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Gramercy Park or South Jamaica?
This depends on what type of home fits your household. Gramercy Park and South Jamaica 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 South Jamaica?
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 South Jamaica 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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