NYC Neighborhood Comparison

Red Hook vs Gramercy Park

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

Brooklyn|Manhattan

Red Hook

Brooklyn

Gramercy Park

Manhattan

Median Sale Price

$1.1M

$900K

Median Rent

$4K

$5K

Active Listings

211

Avg Days on Market

1303 days

75 days

YoY Price Change

0.0%

-21.9%

Monthly Sales Volume

Detailed Comparison

Metric	Red Hook	Gramercy Park
Median Sale Price	$1,120,075	$900,000
Median Condo Price	N/A	$1,900,000
Median Co-op Price	$177,249	$750,000
Median Rent	$4,082.5	$5,250
Active Listings	20	211
Rental Inventory	28	179
Days on Market	1303	75
Price Cut Share	9.5%	13.7%
Monthly Sales Volume	2	17
YoY Price Change	0.0%	-21.9%
YoY Rent Change	+7.5%	+6.1%
YoY Inventory Change	+5.3%	+10.5%
Subway Lines	N/A	N/A

Neighborhood Profiles

Red Hook

Red Hook is a waterfront neighborhood defined by cobblestone lanes, repurposed brick warehouses, and low-rise residential buildings on a peninsula jutting into Upper New York Bay. No subway runs directly through the neighborhood; NYC Ferry's South Brooklyn route and the B61 bus provide primary transit connections to Downtown Brooklyn and Manhattan. Valentino Pier Park and the 58-acre Red Hook Recreation Area offer harbor-front green space, while the working cruise terminal at Pier 12 maintains the area's maritime heritage.

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