Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Long Island City vs Gramercy Park

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

Queens|Manhattan

Long Island City

Queens

Gramercy Park

Manhattan

Median Sale Price
$1.0M
$900K
Median Rent
$4K
$5K
Active Listings
243
211
Avg Days on Market
3 days
75 days
YoY Price Change
+8.0%
-21.9%
Monthly Sales Volume
11
17

Detailed Comparison

MetricLong Island CityGramercy Park
Median Sale Price$1,048,000$900,000
Median Condo Price$1,048,000$1,900,000
Median Co-op PriceN/A$750,000
Median Rent$4,351.5$5,250
Active Listings243211
Rental Inventory956179
Days on Market375
Price Cut Share5.3%13.7%
Monthly Sales Volume1117
YoY Price Change+8.0%-21.9%
YoY Rent Change+1.0%+6.1%
YoY Inventory Change+48.2%+10.5%
Subway Lines7 E G M N R WN/A

Neighborhood Profiles

Long Island City

Long Island City (LIC) is one of New York’s fastest-growing residential neighborhoods, offering a modern urban lifestyle just one stop from Manhattan. Famous for its stunning waterfront parks and the iconic Pepsi-Cola sign, LIC is a hub for contemporary art and luxury living. The real estate market is dominated by sleek, new construction glass towers that offer world-class amenities and breathtaking, unobstructed views of the Manhattan skyline.

View Full Market Report

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.

View Full Market Report

Transit Access

Long Island City

7EGMNRW

Hunters Point Av (7) — 0.2 mi

Court Sq (7 E G M) — 0.2 mi

Long Island City (E G M R) — 0.6 mi

Queensboro Plaza (7 N W) — 0.6 mi

Gramercy Park

No subway data available

Active Listings

Long Island City for sale

View all Long Island City listings

Gramercy Park for sale

View all Gramercy Park 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.

Call Milton WhatsApp