Queens
Brooklyn
For buyers focused on affordability, Corona has the lower median sale price at $819K vs $1.0M in Gowanus.
Investors analyzing rental yield will find Gowanus offers a stronger rent-to-price ratio based on current market data.
| Metric | Corona | Gowanus |
|---|---|---|
| Median Sale Price | $819,000 | $1,045,000 |
| Median Condo Price | $253,500 | $775,000 |
| Median Co-op Price | $148,000 | N/A |
| Median Rent | $2,924.5 | $4,850 |
| Active Listings | 27 | 19 |
| Rental Inventory | 40 | 295 |
| Days on Market | 0 | 43 |
| Price Cut Share | 7.7% | 15.8% |
| Monthly Sales Volume | 6 | 1 |
| YoY Price Change | +48.6% | +51.6% |
| YoY Rent Change | +9.9% | +7.8% |
| YoY Inventory Change | +68.8% | -38.7% |
| Subway Lines | N/A | N/A |
Prices in Corona moved +48.6% over the past year, compared to +51.6% in Gowanus. The +51.6% gain in Gowanus reflects stronger buyer demand relative to available inventory in that market.
Corona is a residential neighborhood in north-central Queens anchored by the 7 train, with stations at Junction Boulevard, 103rd Street-Corona Plaza, and 111th Street providing direct service to Midtown. The housing stock consists primarily of century-old single-family homes alongside modest brick apartment buildings and newer mixed-use developments. Flushing Meadows-Corona Park, the borough's largest park at nearly 900 acres, features Citi Field, the USTA Billie Jean King National Tennis Center, and the iconic Unisphere.
View Full Market ReportGowanus features a striking mix of 19th-century brick warehouses, Greek Revival rowhouses, and new glass-and-steel condominiums rising along the canal waterfront. The F, G, R, D, and N/W trains are accessible at nearby Smith-Ninth Streets and Fourth Avenue-Ninth Street stations, with Atlantic Terminal a short walk north. Washington Park and the Old Stone House landmark anchor the neighborhood's green space, while a major rezoning is bringing thousands of new residential units and waterfront parkland to the area.
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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