Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Gramercy Park vs Lower East Side

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

Manhattan|Manhattan

Gramercy Park

Manhattan

Lower East Side

Manhattan

Median Sale Price
$900K
$1.1M
Median Rent
$5K
$5K
Active Listings
211
190
Avg Days on Market
75 days
50.5 days
YoY Price Change
-21.9%
-0.9%
Monthly Sales Volume
17
15

Detailed Comparison

MetricGramercy ParkLower East Side
Median Sale Price$900,000$1,080,000
Median Condo Price$1,900,000$2,535,000
Median Co-op Price$750,000$610,000
Median Rent$5,250$4,567.5
Active Listings211190
Rental Inventory179340
Days on Market7550.5
Price Cut Share13.7%10.0%
Monthly Sales Volume1715
YoY Price Change-21.9%-0.9%
YoY Rent Change+6.1%+7.5%
YoY Inventory Change+10.5%+19.5%
Subway LinesN/AB D F J M 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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Lower East Side

The Lower East Side (LES) is a neighborhood where New York’s storied history meets its high-end future. Known for its legendary nightlife and deep historic roots, the area has seen a dramatic transformation with the arrival of luxury towers like Essex Crossing. The housing stock is a unique mix of historic walk-up cooperatives, value-driven HDFC units, and ultra-modern condominiums that offer some of the best views in Downtown Manhattan.

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Transit Access

Gramercy Park

No subway data available

Lower East Side

BDFJMZ

East Broadway (F) — 0.3 mi

Delancey St-Essex St (F J M Z) — 0.3 mi

Grand St (B D) — 0.5 mi

Bowery (J Z) — 0.5 mi

Second Ave (F) — 0.6 mi

Active Listings

Gramercy Park for sale

View all Gramercy Park listings

Lower East Side for sale

View all Lower East Side 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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