Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Gramercy vs Prospect Park South

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

Manhattan|Brooklyn

Gramercy

Manhattan

Prospect Park South

Brooklyn

Median Sale Price
$1.2M
$680K
Median Rent
$5K
$3K
Active Listings
138
22
Avg Days on Market
70 days
119.5 days
YoY Price Change
+4.1%
0.0%
Monthly Sales Volume
50
1

Detailed Comparison

MetricGramercyProspect Park South
Median Sale Price$1,185,000$680,000
Median Condo Price$1,485,000$628,220
Median Co-op Price$825,000N/A
Median Rent$4,500$2,899
Active Listings13822
Rental Inventory24875
Days on Market70119.5
Price Cut Share10.5%4.3%
Monthly Sales Volume501
YoY Price Change+4.1%0.0%
YoY Rent Change+4.7%-2.4%
YoY Inventory Change-5.6%+29.4%
Subway LinesN/AN/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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Prospect Park South

Prospect Park South is a designated New York City historic district featuring over 200 architect-designed homes in Queen Anne, Tudor Revival, Colonial Revival, and Italianate styles, many with spacious front yards and original period details. The B and Q trains stop at Parkside Avenue and Prospect Park stations, placing Downtown Brooklyn and Manhattan within easy reach. The neighborhood borders Prospect Park's southern edge, providing direct access to 526 acres of green space including the Parade Ground's athletic fields.

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Transit Access

Gramercy

No subway data available

Prospect Park South

No subway data available

Active Listings

Gramercy for sale

View all Gramercy listings

Prospect Park South for sale

View all Prospect Park South listings

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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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