NYC Neighborhood Comparison

Gramercy vs Kensington

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

Manhattan|Brooklyn

Gramercy

Manhattan

Kensington

Brooklyn

Median Sale Price

$1.2M

$568K

Median Rent

$5K

$3K

Active Listings

138

Avg Days on Market

70 days

53.5 days

YoY Price Change

+4.1%

-24.5%

Monthly Sales Volume

Detailed Comparison

Metric	Gramercy	Kensington
Median Sale Price	$1,185,000	$567,500
Median Condo Price	$1,485,000	$537,104.5
Median Co-op Price	$825,000	$515,000
Median Rent	$4,500	$3,000
Active Listings	138	76
Rental Inventory	248	74
Days on Market	70	53.5
Price Cut Share	10.5%	11.8%
Monthly Sales Volume	50	7
YoY Price Change	+4.1%	-24.5%
YoY Rent Change	+4.7%	+11.5%
YoY Inventory Change	-5.6%	0.0%
Subway Lines	N/A	N/A

Neighborhood Profiles

Gramercy

Gramercy is centered on its landmark private park, a 2-acre gated green space surrounded by Italianate, Gothic Revival, and Beaux-Arts brownstones and townhouses that have retained their architectural character since the 19th century. The Gramercy Park Historic District preserves blocks of ornate red-brick townhouses, limestone mansions, and pre-war co-op buildings. The 6 train at 23rd Street is the nearest subway, with the 4, 5, N, Q, R, W, and L lines accessible at nearby 14th Street-Union Square.

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Kensington

Kensington is a residential Brooklyn neighborhood bordered by Prospect Park to the north and the landmarked Green-Wood Cemetery to the west, with Ocean Parkway running through its center as one of the borough's signature tree-lined boulevards. The housing stock includes brick rowhouses, prewar co-op apartment buildings along Ocean Parkway and Coney Island Avenue, and detached Victorian homes on the side streets, served by the F and G trains at Fort Hamilton Parkway and Church Avenue. The B and Q express trains are accessible within a short walk, providing a 30-to-35-minute commute to Midtown Manhattan.

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