Brooklyn
Manhattan
For buyers focused on affordability, Chinatown has the lower median sale price at $550K vs $718K in Canarsie.
Investors analyzing rental yield will find Chinatown offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in Chinatown, which is served by 16 subway lines compared to 0 in Canarsie.
| Metric | Canarsie | Chinatown |
|---|---|---|
| Median Sale Price | $717,500 | $550,364 |
| Median Condo Price | $24,000 | $550,364 |
| Median Co-op Price | N/A | N/A |
| Median Rent | $2,900 | $4,195 |
| Active Listings | 82 | 8 |
| Rental Inventory | 34 | 36 |
| Days on Market | 55 | 0 |
| Price Cut Share | 9.8% | 13.3% |
| Monthly Sales Volume | 18 | 1 |
| YoY Price Change | -7.3% | 0.0% |
| YoY Rent Change | +8.4% | +19.9% |
| YoY Inventory Change | +5.1% | +14.3% |
| Subway Lines | N/A | 1 4 5 6 A B C D E F J N Q R W Z |
Prices in Canarsie moved -7.3% over the past year, compared to 0.0% in Chinatown. Both markets have seen price softening, with Canarsie 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 ReportChinatown occupies a dense section of Lower Manhattan centered on Canal Street, where 10 subway lines converge including the 6, J, N, Q, R, W, and Z trains, making it one of the most transit-rich neighborhoods below 14th Street. The housing stock consists primarily of prewar walk-up buildings alongside newer condominium developments and the 44-story Confucius Plaza residential tower. Columbus Park, one of the city's earliest public parks, and the 7.8-acre Sara D. Roosevelt Park provide open green space along the neighborhood's edges.
View Full Market ReportNo subway data available
Grand St (B D) — 0.2 mi
Canal St (1 6 A C E J N Q R W Z) — 0.3 mi
Bowery (J Z) — 0.3 mi
East Broadway (F) — 0.4 mi
Brooklyn Bridge-City Hall (4 5 6) — 0.4 mi
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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