Manhattan
Manhattan
| Metric | Gramercy | Midtown |
|---|---|---|
| Median Sale Price | $1,185,000 | $1,342,000 |
| Median Condo Price | $1,485,000 | $1,610,000 |
| Median Co-op Price | $825,000 | $834,500 |
| Median Rent | $4,500 | $5,300 |
| Active Listings | 138 | 360 |
| Rental Inventory | 248 | 368 |
| Days on Market | 70 | 117 |
| Price Cut Share | 10.5% | 9.4% |
| Monthly Sales Volume | 50 | 18 |
| YoY Price Change | +4.1% | -13.4% |
| YoY Rent Change | +4.7% | +10.4% |
| YoY Inventory Change | -5.6% | +13.6% |
| Subway Lines | N/A | 1 2 3 4 5 6 7 A B C D E F M N Q R S W |
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.
View Full Market ReportMidtown Manhattan is the city's primary commercial and transit hub, home to Grand Central Terminal, Rockefeller Center, Bryant Park, and the Empire State Building. The residential market features luxury condo towers, classic pre-war cooperatives, and postwar doorman buildings served by nearly every subway line in the system. Properties range from high-floor units with skyline panoramas to well-maintained co-ops along the tree-lined side streets east and west of Fifth Avenue.
View Full Market ReportNo subway data available
Times Sq-42 St (1 2 3 7 N Q R S W) — 0.2 mi
42 St-Port Authority (A C E) — 0.4 mi
Grand Central-42 St (4 5 6 7 S) — 0.4 mi
34 St-Herald Sq (B D F M N Q R W) — 0.4 mi
34 St-Penn Station (1 2 3 A C E) — 0.5 mi
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