NYC Neighborhood Comparison
Side-by-side market data, transit, and neighborhood profiles to help you decide.
Manhattan
Queens
For buyers focused on affordability, Chinatown has the lower median sale price at $550K vs $1.2M in Long Island City.
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 7 in Long Island City.
| Metric | Chinatown | Long Island City |
|---|---|---|
| Median Sale Price | $550,364 | $1,237,500 |
| Median Condo Price | $550,364 | $1,124,830 |
| Median Co-op Price | N/A | N/A |
| Median Rent | $4,195 | $4,500 |
| Active Listings | 8 | 252 |
| Rental Inventory | 36 | 942 |
| Days on Market | 0 | 104.5 |
| Price Cut Share | 13.3% | 7.5% |
| Monthly Sales Volume | 1 | 8 |
| YoY Price Change | 0.0% | +38.6% |
| YoY Rent Change | +19.9% | +3.4% |
| YoY Inventory Change | +14.3% | +56.5% |
| Subway Lines | 1 4 5 6 A B C D E F J N Q R W Z | 7 E G M N R W |
Prices in Chinatown moved 0.0% over the past year, compared to +38.6% in Long Island City. The +38.6% gain in Long Island City reflects stronger buyer demand relative to available inventory in that market.
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.
View Full Market ReportLong Island City sits directly across the East River from Midtown Manhattan, reachable in one stop on the 7 train. LIC has added more than 12,000 residential units since 2015, transforming former industrial blocks into a corridor of glass-tower condos, converted loft co-ops, and rental high-rises along the waterfront. Gantry Plaza State Park, MoMA PS1, and the Hunters Point Library anchor the neighborhood’s cultural identity. Median condo prices run roughly 30-40% below comparable Manhattan waterfront units, drawing both first-time buyers and investors looking for appreciation in one of the city’s highest-growth zip codes.
View Full Market ReportGrand 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
Hunters Point Av (7) — 0.2 mi
Court Sq (7 E G M) — 0.2 mi
Long Island City (E G M R) — 0.6 mi
Queensboro Plaza (7 N W) — 0.6 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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