Manhattan
Manhattan
| Metric | Gramercy | Kips Bay |
|---|---|---|
| Median Sale Price | $1,185,000 | $895,000 |
| Median Condo Price | $1,485,000 | $1,050,000 |
| Median Co-op Price | $825,000 | $650,000 |
| Median Rent | $4,500 | $4,050 |
| Active Listings | 138 | 98 |
| Rental Inventory | 248 | 220 |
| Days on Market | 70 | 72 |
| Price Cut Share | 10.5% | 12.5% |
| Monthly Sales Volume | 50 | 38 |
| YoY Price Change | +4.1% | +2.8% |
| YoY Rent Change | +4.7% | +3.9% |
| YoY Inventory Change | -5.6% | -4.1% |
| Subway Lines | N/A | 4 5 6 7 B D 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 ReportKips Bay is a relaxed and highly convenient residential neighborhood located on the East Side of Manhattan. Known for its mix of mid-century high-rises and charming brick townhouses, it offers a more approachable price point than its neighbors to the north and south. Residents enjoy proximity to the East River Esplanade, a variety of local dining options, and easy access to the city's major medical centers and Midtown business hubs.
View Full Market ReportNo subway data available
Grand Central-42 St (4 5 6 7 S) — 0.7 mi
34 St-Herald Sq (B D F M N Q R W) — 0.7 mi
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