Schedule with Milton
Licensed Real Estate Associate Broker
Regarding Property
You're Confirmed!
Milton will reach out within 24 hours to finalize your appointment.
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, Lower East Side has the lower median sale price at $983K vs $1.2M in Gramercy Park.
Investors analyzing rental yield will find Lower East Side offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in Lower East Side, which is served by 6 subway lines compared to 0 in Gramercy Park.
| Metric | Gramercy Park | Lower East Side |
|---|---|---|
| Median Sale Price | $1,212,500 | $982,500 |
| Median Condo Price | $1,552,831 | $1,100,000 |
| Median Co-op Price | $677,500 | $710,000 |
| Median Rent | $5,397.5 | $4,895 |
| Active Listings | 221 | 179 |
| Rental Inventory | 228 | 380 |
| Days on Market | 54.5 | 113 |
| Price Cut Share | 10.4% | 15.1% |
| Monthly Sales Volume | 25 | 10 |
| YoY Price Change | +57.7% | +41.4% |
| YoY Rent Change | +14.8% | +8.9% |
| YoY Inventory Change | +5.2% | +4.1% |
| Subway Lines | N/A | B D F J M Z |
Prices in Gramercy Park moved +57.7% over the past year, compared to +41.4% in Lower East Side. 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 ReportThe Lower East Side (LES) is a neighborhood where New York’s storied history meets its high-end future. Known for its legendary nightlife and deep historic roots, the area has seen a dramatic transformation with the arrival of luxury towers like Essex Crossing. The housing stock is a unique mix of historic walk-up cooperatives, value-driven HDFC units, and ultra-modern condominiums that offer some of the best views in Downtown Manhattan.
View Full Market ReportNo subway data available
East Broadway (F) — 0.3 mi
Delancey St-Essex St (F J M Z) — 0.3 mi
Grand St (B D) — 0.5 mi
Bowery (J Z) — 0.5 mi
Second Ave (F) — 0.6 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.
