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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, Gramercy Park has the lower median sale price at $1.2M vs $1.6M in Little Italy.
Investors analyzing rental yield will find Gramercy Park offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in Little Italy, which is served by 13 subway lines compared to 0 in Gramercy Park.
| Metric | Gramercy Park | Little Italy |
|---|---|---|
| Median Sale Price | $1,212,500 | $1,566,781.5 |
| Median Condo Price | $1,552,831 | $1,566,781.5 |
| Median Co-op Price | $677,500 | N/A |
| Median Rent | $5,397.5 | $4,850 |
| Active Listings | 221 | 9 |
| Rental Inventory | 228 | 43 |
| Days on Market | 54.5 | 0 |
| Price Cut Share | 10.4% | 36.4% |
| Monthly Sales Volume | 25 | 1 |
| YoY Price Change | +57.7% | 0.0% |
| YoY Rent Change | +14.8% | -7.0% |
| YoY Inventory Change | +5.2% | +28.6% |
| Subway Lines | N/A | 1 6 A B C D E J N Q R W Z |
Prices in Gramercy Park moved +57.7% over the past year, compared to 0.0% in Little Italy. The +57.7% gain in Gramercy Park reflects stronger buyer demand relative to available inventory in that 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 ReportLittle Italy occupies a compact corridor along Mulberry Street in Lower Manhattan between Canal and Houston Streets, defined by red-brick tenement buildings, prewar walk-ups, and cast-iron-facade commercial structures dating to the late 19th century. St. Patrick's Old Cathedral, completed in 1815, anchors the neighborhood's architectural heritage alongside narrow storefronts and fire-escape-lined facades. The 6 train at Spring Street, N/R/W at Canal Street, and J/Z at Bowery place multiple subway options within a short walk.
View Full Market ReportNo subway data available
Grand St (B D) — 0.2 mi
Bowery (J Z) — 0.2 mi
Canal St (1 6 A C E J N Q R W Z) — 0.2 mi
Spring St (6 C E) — 0.2 mi
Prince St (N R W) — 0.4 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.