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NYC Neighborhood Comparison
Brooklyn
Brooklyn
For buyers focused on affordability, Columbia St Waterfront District has the lower median sale price at $845K vs $872K in Flatbush.
Investors analyzing rental yield will find Columbia St Waterfront District offers a stronger rent-to-price ratio based on current market data.
| Metric | Columbia St Waterfront District | Flatbush |
|---|---|---|
| Median Sale Price | $845,000 | $872,000 |
| Median Condo Price | $845,000 | $282,500 |
| Median Co-op Price | $829,810 | $435,000 |
| Median Rent | $4,500 | $3,199 |
| Active Listings | 8 | 96 |
| Rental Inventory | 20 | 1073 |
| Days on Market | 39.5 | 70.5 |
| Price Cut Share | 37.5% | 13.5% |
| Monthly Sales Volume | 1 | 13 |
| YoY Price Change | -31.9% | +31.1% |
| YoY Rent Change | +12.5% | +6.6% |
| YoY Inventory Change | -50.0% | +39.1% |
| Subway Lines | N/A | N/A |
Prices in Columbia St Waterfront District moved -31.9% over the past year, compared to +31.1% in Flatbush. Flatbush is seeing price appreciation while Columbia St Waterfront District has softened, pointing to different supply-demand dynamics in each market.
The Columbia Street Waterfront District is a narrow Brooklyn neighborhood stretching along the Upper New York Bay between Carroll Gardens and Red Hook. The housing stock includes converted industrial lofts, brownstone row houses, and new condominium buildings with waterfront views. The F/G trains at Carroll Street and Bergen Street stations serve the eastern edge, and the neighborhood offers direct views of the Statue of Liberty and Governors Island.
View Full Market ReportFlatbush features one of Brooklyn's most varied housing stocks, including grand detached Victorians along Ocean Avenue, limestone and brownstone rowhouses, prewar apartment buildings, and brick townhomes within landmarked districts like Prospect Park South and Ditmas Park. The Q, 2, and 5 trains connect the neighborhood to Manhattan, while Prospect Park's 526 acres of green space border the northern edge. The restored Kings Theatre, a 1920s-era landmark performance venue, and Erasmus Hall High School, founded in 1786, are among the area's most notable architectural features.
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 is refreshed every 15 minutes per REBNY IDX requirements.
From the 2008 financial crisis through the 2020 pandemic, the NYC metro Case-Shiller composite fell about 25% peak-to-trough between 2007 and 2012, then fully recovered by 2017 and gained another 15% through Q1 2020. Columbia St Waterfront District and Flatbush both tracked this broader NYC arc, with annual closing volume contracting sharply in 2009 and again in Q2 2020 before normalizing.
Outer-borough submarkets including Columbia St Waterfront District and Flatbush generally tracked the broader NYC metro pattern of a 20% to 25% peak-to-trough decline before fully recovering by 2017 and posting further gains through early 2020.
Source: Per Case-Shiller Home Price Index, NYC metro subset, 2008-2020, cross-referenced with StreetEasy historical price data series.
| Metric (2026) | Columbia St Waterfront District | Flatbush |
|---|---|---|
| Median Sale Price | $845,000 | $872,000 |
| Median Rent | $4,500/mo | $3,199/mo |
| Year-over-Year Price Change | -31.9% | +31.1% |
| Average Days on Market | 39.5 days | 70.5 days |
| Distance to Nearest Subway | N/A | N/A |
Table values reflect current 2026 market conditions. Historical 2008-2020 commentary is sourced from Case-Shiller NYC metro composite and StreetEasy historical series.
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Data updated:
