Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Gramercy Park vs Long Island City

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

Manhattan|Queens

Gramercy Park

Manhattan

Long Island City

Queens

Median Sale Price
$900K
$1.0M
Median Rent
$5K
$4K
Active Listings
211
243
Avg Days on Market
75 days
3 days
YoY Price Change
-21.9%
+8.0%
Monthly Sales Volume
17
11

Detailed Comparison

MetricGramercy ParkLong Island City
Median Sale Price$900,000$1,048,000
Median Condo Price$1,900,000$1,048,000
Median Co-op Price$750,000N/A
Median Rent$5,250$4,351.5
Active Listings211243
Rental Inventory179956
Days on Market753
Price Cut Share13.7%5.3%
Monthly Sales Volume1711
YoY Price Change-21.9%+8.0%
YoY Rent Change+6.1%+1.0%
YoY Inventory Change+10.5%+48.2%
Subway LinesN/A7 E G M N 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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Long Island City

Long Island City (LIC) is one of New York’s fastest-growing residential neighborhoods, offering a modern urban lifestyle just one stop from Manhattan. Famous for its stunning waterfront parks and the iconic Pepsi-Cola sign, LIC is a hub for contemporary art and luxury living. The real estate market is dominated by sleek, new construction glass towers that offer world-class amenities and breathtaking, unobstructed views of the Manhattan skyline.

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Transit Access

Gramercy Park

No subway data available

Long Island City

7EGMNRW

Hunters Point Av (7) — 0.2 mi

Court Sq (7 E G M) — 0.2 mi

Long Island City (E G M R) — 0.6 mi

Queensboro Plaza (7 N W) — 0.6 mi

Active Listings

Gramercy Park for sale

View all Gramercy Park listings

Long Island City for sale

View all Long Island City 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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