Milton Coste

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NYC Neighborhood Comparison

Brooklyn vs DUMBO

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

Brooklyn|Brooklyn

Brooklyn

Brooklyn

DUMBO

Brooklyn

How They Compare

For buyers focused on affordability, Brooklyn has the lower median sale price at $995K vs $1.9M in DUMBO.

Investors analyzing rental yield will find Brooklyn offers a stronger rent-to-price ratio based on current market data.

Commuters have more transit options in DUMBO, which is served by 6 subway lines compared to 0 in Brooklyn.

Median Sale Price
$995K
$1.9M
Median Rent
$4K
$6K
Active Listings
3872
93
Avg Days on Market
55 days
89 days
YoY Price Change
0.0%
+3.4%
Monthly Sales Volume
612
4

Detailed Comparison

MetricBrooklynDUMBO
Median Sale Price$995,000$1,950,000
Median Condo Price$1,152,500$1,950,000
Median Co-op Price$427,500N/A
Median Rent$3,750$6,250
Active Listings387293
Rental Inventory10939149
Days on Market5589
Price Cut Share9.7%6.5%
Monthly Sales Volume6124
YoY Price Change0.0%+3.4%
YoY Rent Change+7.1%+17.9%
YoY Inventory Change+8.2%+1.1%
Subway LinesN/A2 3 A C F R

Year-Over-Year Price Movement

Prices in Brooklyn moved 0.0% over the past year, compared to +3.4% in DUMBO. The +3.4% gain in DUMBO reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

Brooklyn

Brooklyn showcases a mix of historic brownstones, pre-war apartment buildings, and modern high-rises. The neighborhood is crisscrossed by multiple subway lines, offering direct access to major transit hubs. Residents can enjoy proximity to expansive green spaces, including notable local parks and cultural landmarks.

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DUMBO

DUMBO (Down Under the Manhattan Bridge Overpass) sits between the Brooklyn and Manhattan Bridges along the East River waterfront, with a 95-building historic district of converted industrial warehouses. The housing market features spacious loft residences with exposed brick and high ceilings alongside modern luxury condominiums with skyline and waterfront views, served by the F train at York Street and the A and C at High Street. Brooklyn Bridge Park stretches along the waterfront with piers, playgrounds, and Jane's Carousel.

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Transit Access

Brooklyn

No subway data available

DUMBO

23ACFR

York St (F) — 0.2 mi

High St (A C) — 0.3 mi

Clark St (2 3) — 0.5 mi

Court St (R) — 0.7 mi

East Broadway (F) — 0.7 mi

Active Listings

Brooklyn for sale

View all Brooklyn listings

DUMBO for sale

View all DUMBO 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 is refreshed every 15 minutes per REBNY IDX requirements.

Brooklyn vs DUMBO: Home Price Resilience 2008-2020

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. Brooklyn and DUMBO 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 Brooklyn and DUMBO 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)BrooklynDUMBO
Median Sale Price$995,000$1,950,000
Median Rent$3,750/mo$6,250/mo
Year-over-Year Price Change0.0%+3.4%
Average Days on Market55 days89 days
Distance to Nearest SubwayN/A0.16 mi

Table values reflect current 2026 market conditions. Historical 2008-2020 commentary is sourced from Case-Shiller NYC metro composite and StreetEasy historical series.

Frequently Asked Questions

Is Brooklyn cheaper than DUMBO?
Yes, Brooklyn has a lower median sale price at $995,000 compared to $1,950,000 in DUMBO 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, Brooklyn or DUMBO?
Brooklyn has access to 0 subway lines and DUMBO has 6, making DUMBO the stronger option for transit access. Brooklyn has 0 lines, which may still cover your commute depending on your destination.
Which is better for families, Brooklyn or DUMBO?
This depends on what type of home fits your household. Brooklyn and DUMBO 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 Brooklyn or DUMBO?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Brooklyn and DUMBO 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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