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 $2.1M in Midtown.
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 Midtown, which is served by 19 subway lines compared to 0 in Gramercy Park.
| Metric | Gramercy Park | Midtown |
|---|---|---|
| Median Sale Price | $1,212,500 | $2,095,000 |
| Median Condo Price | $1,552,831 | $2,187,500 |
| Median Co-op Price | $677,500 | $834,500 |
| Median Rent | $5,397.5 | $6,000 |
| Active Listings | 221 | 369 |
| Rental Inventory | 228 | 409 |
| Days on Market | 54.5 | 96 |
| Price Cut Share | 10.4% | 7.0% |
| Monthly Sales Volume | 25 | 22 |
| YoY Price Change | +57.7% | +19.7% |
| YoY Rent Change | +14.8% | +21.2% |
| YoY Inventory Change | +5.2% | +10.5% |
| Subway Lines | N/A | 1 2 3 4 5 6 7 A B C D E F M N Q R S W |
Prices in Gramercy Park moved +57.7% over the past year, compared to +19.7% in Midtown. 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 ReportMidtown Manhattan is the city's primary commercial and transit hub, home to Grand Central Terminal, Rockefeller Center, Bryant Park, and the Empire State Building. The residential market features luxury condo towers, classic pre-war cooperatives, and postwar doorman buildings served by nearly every subway line in the system. Properties range from high-floor units with skyline panoramas to well-maintained co-ops along the tree-lined side streets east and west of Fifth Avenue.
View Full Market ReportNo subway data available
Times Sq-42 St (1 2 3 7 N Q R S W) — 0.2 mi
42 St-Port Authority (A C E) — 0.4 mi
Grand Central-42 St (4 5 6 7 S) — 0.4 mi
34 St-Herald Sq (B D F M N Q R W) — 0.4 mi
34 St-Penn Station (1 2 3 A C E) — 0.5 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.
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