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25+ years experience · 1,000+ transactions · 5-star reviews
NYC Neighborhood Comparison
Side-by-side market data, transit, and neighborhood profiles to help you decide.
Manhattan
Brooklyn
For buyers focused on affordability, East Village has the lower median sale price at $550K vs $1.1M in Red Hook.
Investors analyzing rental yield will find East Village offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in East Village, which is served by 4 subway lines compared to 0 in Red Hook.
| Metric | East Village | Red Hook |
|---|---|---|
| Median Sale Price | $550,000 | $1,120,075 |
| Median Condo Price | $1,300,000 | N/A |
| Median Co-op Price | $697,500 | $177,249 |
| Median Rent | $5,147.5 | $4,399.5 |
| Active Listings | 134 | 15 |
| Rental Inventory | 832 | 22 |
| Days on Market | 77 | 1303 |
| Price Cut Share | 11.9% | 10.0% |
| Monthly Sales Volume | 11 | 1 |
| YoY Price Change | -49.7% | 0.0% |
| YoY Rent Change | +15.7% | +32.3% |
| YoY Inventory Change | +5.5% | -21.1% |
| Subway Lines | F J M Z | N/A |
Prices in East Village moved -49.7% over the past year, compared to 0.0% in Red Hook. Both markets have seen price softening, with East Village declining more sharply over the measured period.
The East Village remains New York’s epicenter of counter-culture and artistic expression. Known for its active street life, community gardens, and legendary music venues, the neighborhood offers an energy unlike any other. The real estate market is characterized by historic tenement-style cooperatives, historic low-rise walk-ups, and a growing selection of modern boutique condominiums that offer luxury amenities in Downtown Manhattan.
View Full Market ReportRed Hook is a waterfront neighborhood defined by cobblestone lanes, repurposed brick warehouses, and low-rise residential buildings on a peninsula jutting into Upper New York Bay. No subway runs directly through the neighborhood; NYC Ferry's South Brooklyn route and the B61 bus provide primary transit connections to Downtown Brooklyn and Manhattan. Valentino Pier Park and the 58-acre Red Hook Recreation Area offer harbor-front green space, while the working cruise terminal at Pier 12 maintains the area's maritime heritage.
View Full Market ReportSecond Ave (F) — 0.5 mi
Delancey St-Essex St (F J M Z) — 0.6 mi
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.
