Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Gramercy vs Lower East Side

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

Manhattan|Manhattan

Gramercy

Manhattan

Lower East Side

Manhattan

Median Sale Price
$1.2M
$1.1M
Median Rent
$5K
$5K
Active Listings
138
190
Avg Days on Market
70 days
50.5 days
YoY Price Change
+4.1%
-0.9%
Monthly Sales Volume
50
15

Detailed Comparison

MetricGramercyLower East Side
Median Sale Price$1,185,000$1,080,000
Median Condo Price$1,485,000$2,535,000
Median Co-op Price$825,000$610,000
Median Rent$4,500$4,567.5
Active Listings138190
Rental Inventory248340
Days on Market7050.5
Price Cut Share10.5%10.0%
Monthly Sales Volume5015
YoY Price Change+4.1%-0.9%
YoY Rent Change+4.7%+7.5%
YoY Inventory Change-5.6%+19.5%
Subway LinesN/AB D F J M Z

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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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

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 for sale

View all Gramercy listings

Lower East Side for sale

View all Lower East Side 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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