Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Gramercy vs Sheepshead Bay

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

Manhattan|Brooklyn

Gramercy

Manhattan

Sheepshead Bay

Brooklyn

Median Sale Price
$1.2M
$758K
Median Rent
$5K
$3K
Active Listings
138
319
Avg Days on Market
70 days
56 days
YoY Price Change
+4.1%
-9.6%
Monthly Sales Volume
50
46

Detailed Comparison

MetricGramercySheepshead Bay
Median Sale Price$1,185,000$757,500
Median Condo Price$1,485,000$450,000
Median Co-op Price$825,000$250,000
Median Rent$4,500$2,849
Active Listings138319
Rental Inventory24869
Days on Market7056
Price Cut Share10.5%13.5%
Monthly Sales Volume5046
YoY Price Change+4.1%-9.6%
YoY Rent Change+4.7%-1.8%
YoY Inventory Change-5.6%+24.1%
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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Sheepshead Bay

Sheepshead Bay is a scenic waterfront neighborhood in Southern Brooklyn, famous for its fishing fleet, piers, and seafood restaurants. The area offers a unique maritime atmosphere with a relaxed, residential vibe. The real estate market features a mix of traditional multi-family brick houses, spacious pre-war cooperatives, and a growing number of modern luxury condominiums that offer stunning views of the bay and easy access to the beaches of Coney Island and Manhattan Beach.

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Transit Access

Gramercy

No subway data available

Sheepshead Bay

No subway data available

Active Listings

Gramercy for sale

View all Gramercy listings

Sheepshead Bay for sale

View all Sheepshead Bay 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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