Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Gramercy Park vs Little Italy

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

Manhattan|Manhattan

Gramercy Park

Manhattan

Little Italy

Manhattan

Median Sale Price
$900K
$1.6M
Median Rent
$5K
$5K
Active Listings
211
6
Avg Days on Market
75 days
0 days
YoY Price Change
-21.9%
0.0%
Monthly Sales Volume
17
1

Detailed Comparison

MetricGramercy ParkLittle Italy
Median Sale Price$900,000$1,566,781.5
Median Condo Price$1,900,000$1,566,781.5
Median Co-op Price$750,000N/A
Median Rent$5,250$4,625
Active Listings2116
Rental Inventory17934
Days on Market750
Price Cut Share13.7%36.4%
Monthly Sales Volume171
YoY Price Change-21.9%0.0%
YoY Rent Change+6.1%+16.4%
YoY Inventory Change+10.5%0.0%
Subway LinesN/A1 6 A B C D E J N Q R W Z

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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Little Italy

Little Italy occupies a compact corridor along Mulberry Street in Lower Manhattan between Canal and Houston Streets, defined by red-brick tenement buildings, prewar walk-ups, and cast-iron-facade commercial structures dating to the late 19th century. St. Patrick's Old Cathedral, completed in 1815, anchors the neighborhood's architectural heritage alongside narrow storefronts and fire-escape-lined facades. The 6 train at Spring Street, N/R/W at Canal Street, and J/Z at Bowery place multiple subway options within a short walk.

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Transit Access

Gramercy Park

No subway data available

Little Italy

16ABCDEJNQRWZ

Grand St (B D) — 0.2 mi

Bowery (J Z) — 0.2 mi

Canal St (1 6 A C E J N Q R W Z) — 0.2 mi

Spring St (6 C E) — 0.2 mi

Prince St (N R W) — 0.4 mi

Active Listings

Gramercy Park for sale

View all Gramercy Park listings

Little Italy for sale

View all Little Italy listings

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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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