Brooklyn
Brooklyn
For buyers focused on affordability, Flatlands has the lower median sale price at $425K vs $718K in Canarsie.
Investors analyzing rental yield will find Flatlands offers a stronger rent-to-price ratio based on current market data.
| Metric | Canarsie | Flatlands |
|---|---|---|
| Median Sale Price | $717,500 | $425,000 |
| Median Condo Price | $24,000 | N/A |
| Median Co-op Price | N/A | N/A |
| Median Rent | $2,900 | $2,250 |
| Active Listings | 82 | 41 |
| Rental Inventory | 34 | 8 |
| Days on Market | 55 | 0 |
| Price Cut Share | 9.8% | 14.6% |
| Monthly Sales Volume | 18 | 6 |
| YoY Price Change | -7.3% | -38.3% |
| YoY Rent Change | +8.4% | -2.2% |
| YoY Inventory Change | +5.1% | +46.4% |
| Subway Lines | N/A | N/A |
Prices in Canarsie moved -7.3% over the past year, compared to -38.3% in Flatlands. Both markets have seen price softening, with Flatlands declining more sharply over the measured period.
Canarsie is a residential Brooklyn neighborhood where the L train terminates at Rockaway Parkway, connecting residents to Williamsburg and Manhattan's 14th Street corridor. The housing stock spans single-family detached homes, mid-century split-levels, brick rowhouses, and low-rise condominiums on tree-lined streets. The 132-acre Canarsie Park and Canarsie Pier on Jamaica Bay provide extensive waterfront recreation, sports fields, and fishing access along the neighborhood's southern edge.
View Full Market ReportFlatlands is a southeastern Brooklyn neighborhood of single-family detached homes, two-family brick houses, and low-rise apartment buildings on a flat grid of residential streets. The B/Q trains at the Kings Highway and Avenue U stations serve the western portion, and local buses provide additional connections. Floyd Bennett Field, the city's first municipal airport and now a national recreation area, borders the southern edge.
View Full Market ReportNo subway data available
No subway data available
Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 1/1/1970.
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