Brooklyn
Manhattan
| Metric | Bay Ridge | Gramercy |
|---|---|---|
| Median Sale Price | $580,000 | $1,185,000 |
| Median Condo Price | $253,500 | $1,485,000 |
| Median Co-op Price | $360,000 | $825,000 |
| Median Rent | $2,500 | $4,500 |
| Active Listings | 197 | 138 |
| Rental Inventory | 179 | 248 |
| Days on Market | 103.5 | 70 |
| Price Cut Share | 11.7% | 10.5% |
| Monthly Sales Volume | 23 | 50 |
| YoY Price Change | +4.2% | +4.1% |
| YoY Rent Change | +6.4% | +4.7% |
| YoY Inventory Change | +10.1% | -5.6% |
| Subway Lines | N/A | N/A |
Bay Ridge is a historic neighborhood in Southwest Brooklyn, known for its stunning views of the Verrazzano-Narrows Bridge and the New York Harbor. The area offers a busy streetlife along the commercial corridors of 3rd and 5th Avenues. The real estate market is a sophisticated blend of grand historic row houses, elegant pre-war cooperatives, and modern condominiums, all within a neighborhood famous for its parks and waterfront promenade.
View Full Market ReportGramercy is centered on its landmark private park, a 2-acre gated green space surrounded by Italianate, Gothic Revival, and Beaux-Arts brownstones and townhouses that have retained their architectural character since the 19th century. The Gramercy Park Historic District preserves blocks of ornate red-brick townhouses, limestone mansions, and pre-war co-op buildings. The 6 train at 23rd Street is the nearest subway, with the 4, 5, N, Q, R, W, and L lines accessible at nearby 14th Street-Union Square.
View Full Market ReportNo subway data available
No subway data available
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