Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Gramercy Park vs Chelsea

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

Manhattan|Manhattan

Gramercy Park

Manhattan

Chelsea

Manhattan

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

Detailed Comparison

MetricGramercy ParkChelsea
Median Sale Price$900,000$1,305,000
Median Condo Price$1,900,000$2,087,000
Median Co-op Price$750,000$697,586
Median Rent$5,250$5,500
Active Listings211394
Rental Inventory179653
Days on Market75107
Price Cut Share13.7%12.9%
Monthly Sales Volume1726
YoY Price Change-21.9%-27.1%
YoY Rent Change+6.1%+1.9%
YoY Inventory Change+10.5%+5.6%
Subway LinesN/A1 2 3 A B C D E F M N Q R W

Neighborhood Profiles

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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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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Transit Access

Gramercy Park

No subway data available

Chelsea

123ABCDEFMNQRW

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

Active Listings

Gramercy Park for sale

View all Gramercy Park listings

Chelsea for sale

View all Chelsea 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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