Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Chinatown vs Gravesend

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

Manhattan|Brooklyn

Chinatown

Manhattan

Gravesend

Brooklyn

How They Compare

For buyers focused on affordability, Chinatown has the lower median sale price at $550K vs $975K in Gravesend.

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 Gravesend.

Median Sale Price
$550K
$975K
Median Rent
$4K
$3K
Active Listings
8
165
Avg Days on Market
0 days
56 days
YoY Price Change
0.0%
-5.1%
Monthly Sales Volume
1
29

Detailed Comparison

MetricChinatownGravesend
Median Sale Price$550,364$975,000
Median Condo Price$550,364$667,500
Median Co-op PriceN/A$357,500
Median Rent$4,195$3,075
Active Listings8165
Rental Inventory3676
Days on Market056
Price Cut Share13.3%9.7%
Monthly Sales Volume129
YoY Price Change0.0%-5.1%
YoY Rent Change+19.9%+4.3%
YoY Inventory Change+14.3%+1.9%
Subway Lines1 4 5 6 A B C D E F J N Q R W ZN/A

Year-Over-Year Price Movement

Prices in Chinatown moved 0.0% over the past year, compared to -5.1% in Gravesend. Both markets have seen price softening, with Gravesend declining more sharply over the measured period.

Neighborhood Profiles

Chinatown

Chinatown 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.

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Gravesend

Gravesend offers a broad housing mix including semi-detached single-family homes, postwar co-op towers, and newly constructed boutique condominiums spread across a grid of low-traffic residential streets in southern Brooklyn. The D, F, and N subway lines serve the neighborhood at multiple stations along Kings Highway and Avenue U, connecting to Midtown Manhattan in about 45 minutes. Calvert Vaux Park provides 73 acres of green space and waterfront access along Coney Island Creek.

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Transit Access

Chinatown

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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

Gravesend

No subway data available

Active Listings

Chinatown for sale

View all Chinatown listings

Gravesend for sale

View all Gravesend listings

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.

Frequently Asked Questions

Is Chinatown cheaper than Gravesend?
Yes, Chinatown has a lower median sale price at $550,364 compared to $975,000 in Gravesend as of the most recent market data. Co-op and condo prices within each neighborhood can vary significantly, so the right fit depends on property type and building.
Which has better transit, Chinatown or Gravesend?
Chinatown has access to 16 subway lines and Gravesend has 0, making Chinatown the stronger option for transit access. Gravesend has 0 lines, which may still cover your commute depending on your destination.
Which is better for families, Chinatown or Gravesend?
This depends on what type of home fits your household. Chinatown and Gravesend both offer a mix of apartment and multi-room units in co-ops, condos, and townhouses. Larger 3- and 4-bedroom units, including townhouses and multi-family properties, tend to be more available in lower-density areas. Reviewing active listings filtered by bedroom count is the most reliable way to see what each neighborhood currently offers for larger households. A licensed broker can pull current inventory by bedroom count across both areas for a direct comparison.
Should I buy in Chinatown or Gravesend?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Chinatown and Gravesend gives you the clearest picture of what your budget gets in each location. Request a free CMA from Milton Coste to get a side-by-side breakdown of current opportunities.

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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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