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25+ years experience · 1,000+ transactions · 5-star reviews
Queens
Brooklyn
For buyers focused on affordability, Corona has the lower median sale price at $819K vs $975K in Gravesend.
Investors analyzing rental yield will find Corona offers a stronger rent-to-price ratio based on current market data.
| Metric | Corona | Gravesend |
|---|---|---|
| Median Sale Price | $819,000 | $975,000 |
| Median Condo Price | $253,500 | $667,500 |
| Median Co-op Price | $148,000 | $357,500 |
| Median Rent | $2,924.5 | $3,075 |
| Active Listings | 27 | 165 |
| Rental Inventory | 40 | 76 |
| Days on Market | 0 | 56 |
| Price Cut Share | 7.7% | 9.7% |
| Monthly Sales Volume | 6 | 29 |
| YoY Price Change | +48.6% | -5.1% |
| YoY Rent Change | +9.9% | +4.3% |
| YoY Inventory Change | +68.8% | +1.9% |
| Subway Lines | N/A | N/A |
Prices in Corona moved +48.6% over the past year, compared to -5.1% in Gravesend. Corona is seeing price appreciation while Gravesend has softened, pointing to different supply-demand dynamics in each 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 ReportGravesend 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.
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.
With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.
