Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

DUMBO vs Richmond Hill

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

Brooklyn|Queens

DUMBO

Brooklyn

Richmond Hill

Queens

How They Compare

For buyers focused on affordability, Richmond Hill has the lower median sale price at $775K vs $1.9M in DUMBO.

Investors analyzing rental yield will find DUMBO 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 Richmond Hill.

Median Sale Price
$1.9M
$775K
Median Rent
$6K
$2K
Active Listings
93
12
Avg Days on Market
89 days
0 days
YoY Price Change
+3.4%
-6.1%
Monthly Sales Volume
4
6

Detailed Comparison

MetricDUMBORichmond Hill
Median Sale Price$1,950,000$775,000
Median Condo Price$1,950,000N/A
Median Co-op PriceN/AN/A
Median Rent$6,250$2,250
Active Listings9312
Rental Inventory14911
Days on Market890
Price Cut Share6.5%22.2%
Monthly Sales Volume46
YoY Price Change+3.4%-6.1%
YoY Rent Change+17.9%-18.9%
YoY Inventory Change+1.1%-20.0%
Subway Lines2 3 A C F RN/A

Year-Over-Year Price Movement

Prices in DUMBO moved +3.4% over the past year, compared to -6.1% in Richmond Hill. DUMBO is seeing price appreciation while Richmond Hill has softened, pointing to different supply-demand dynamics in each market.

Neighborhood Profiles

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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Richmond Hill

Richmond Hill features a mix of high-rise residential buildings and mixed-use retail structures. The area is served by major subway lines and complemented by ample local parks. Established community landmarks anchor the geography, offering varied housing types throughout the region.

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Transit Access

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

Richmond Hill

No subway data available

Active Listings

DUMBO for sale

View all DUMBO listings

Richmond Hill for sale

View all Richmond Hill 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 last updated: 1/1/1970.

Frequently Asked Questions

Is DUMBO cheaper than Richmond Hill?
Richmond Hill is more affordable, with a median sale price of $775,000 vs $1,950,000 in DUMBO. Pricing can vary widely by building, floor, and unit condition, so review current listings for accurate comparisons.
Which has better transit, DUMBO or Richmond Hill?
DUMBO has access to 6 subway lines and Richmond Hill has 0, making DUMBO the stronger option for transit access. Richmond Hill has 0 lines, which may still cover your commute depending on your destination.
Which is better for families, DUMBO or Richmond Hill?
This depends on what type of home fits your household. DUMBO and Richmond Hill 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 DUMBO or Richmond Hill?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both DUMBO and Richmond Hill 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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