Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Chelsea vs Gramercy Park

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

Manhattan|Manhattan

Chelsea

Manhattan

Gramercy Park

Manhattan

Median Sale Price
$1.3M
$900K
Median Rent
$6K
$5K
Active Listings
394
211
Avg Days on Market
107 days
75 days
YoY Price Change
-27.1%
-21.9%
Monthly Sales Volume
26
17

Detailed Comparison

MetricChelseaGramercy Park
Median Sale Price$1,305,000$900,000
Median Condo Price$2,087,000$1,900,000
Median Co-op Price$697,586$750,000
Median Rent$5,500$5,250
Active Listings394211
Rental Inventory653179
Days on Market10775
Price Cut Share12.9%13.7%
Monthly Sales Volume2617
YoY Price Change-27.1%-21.9%
YoY Rent Change+1.9%+6.1%
YoY Inventory Change+5.6%+10.5%
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 seamlessly blends 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 Park

Gramercy Park is one of New York City’s most storied and picturesque 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 tranquil urban retreat.

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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 Park

No subway data available

Active Listings

Chelsea for sale

View all Chelsea listings

Gramercy Park for sale

View all Gramercy Park 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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