Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Chelsea vs Gramercy

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

Manhattan|Manhattan

Chelsea

Manhattan

Gramercy

Manhattan

Median Sale Price
$1.3M
$1.2M
Median Rent
$6K
$5K
Active Listings
394
138
Avg Days on Market
107 days
70 days
YoY Price Change
-27.1%
+4.1%
Monthly Sales Volume
26
50

Detailed Comparison

MetricChelseaGramercy
Median Sale Price$1,305,000$1,185,000
Median Condo Price$2,087,000$1,485,000
Median Co-op Price$697,586$825,000
Median Rent$5,500$4,500
Active Listings394138
Rental Inventory653248
Days on Market10770
Price Cut Share12.9%10.5%
Monthly Sales Volume2650
YoY Price Change-27.1%+4.1%
YoY Rent Change+1.9%+4.7%
YoY Inventory Change+5.6%-5.6%
Subway Lines1 2 3 A B C D E F M N Q R WN/A

Neighborhood Profiles

Chelsea

Chelsea is the epicenter of New York’s contemporary art world and a hub for innovative architecture. Home to the High Line and Chelsea Market, the neighborhood mixes industrial history with modern luxury. The real estate market here is dominated by high-end condominium developments designed by world-renowned architects, alongside charming pre-war lofts and historic townhouses in the Chelsea Historic District.

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Gramercy

Gramercy 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.

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Transit Access

Chelsea

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34 St-Penn Station (1 2 3 A C E) — 0.6 mi

34 St-Herald Sq (B D F M N Q R W) — 0.7 mi

Gramercy

No subway data available

Active Listings

Chelsea for sale

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Gramercy for sale

View all Gramercy listings

More Comparisons

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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