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NYC Neighborhood Comparison
Manhattan
Queens
For buyers focused on affordability, South Richmond Hill has the lower median sale price at $700K vs $929K in East Village.
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 South Richmond Hill.
| Metric | East Village | South Richmond Hill |
|---|---|---|
| Median Sale Price | $929,000 | $700,000 |
| Median Condo Price | $1,200,000 | $375,000 |
| Median Co-op Price | $770,000 | N/A |
| Median Rent | $5,250 | $1,900 |
| Active Listings | 155 | 18 |
| Rental Inventory | 1276 | 2 |
| Days on Market | 76 | 76.5 |
| Price Cut Share | 15.5% | 5.6% |
| Monthly Sales Volume | 11 | 9 |
| YoY Price Change | -17.4% | -4.9% |
| YoY Rent Change | +5.1% | +11.8% |
| YoY Inventory Change | -18.0% | +38.5% |
| Subway Lines | F J M Z | N/A |
Prices in East Village moved -17.4% over the past year, compared to -4.9% in South Richmond Hill. 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 ReportSouth Richmond Hill is a residential Queens neighborhood of attached and semi-attached two-story frame and brick homes on narrow lots with small yards. The A train at Lefferts Boulevard and the J train at 111th Street provide subway access. Liberty Avenue is the main commercial corridor, and the neighborhood is known for its concentration of Indo-Caribbean specialty shops and restaurants.
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 is refreshed every 15 minutes per REBNY IDX requirements.
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. East Village and South Richmond Hill both tracked this broader NYC arc, with annual closing volume contracting sharply in 2009 and again in Q2 2020 before normalizing.
East Village tracked the more resilient Manhattan price path with a 10% to 15% peak-to-trough decline, while South Richmond Hill moved closer to the broader NYC metro pattern of a 20% to 25% retracement before recovering through 2017.
Source: Per Case-Shiller Home Price Index, NYC metro subset, 2008-2020, cross-referenced with StreetEasy historical price data series.
| Metric (2026) | East Village | South Richmond Hill |
|---|---|---|
| Median Sale Price | $929,000 | $700,000 |
| Median Rent | $5,250/mo | $1,900/mo |
| Year-over-Year Price Change | -17.4% | -4.9% |
| Average Days on Market | 76 days | 76.5 days |
| Distance to Nearest Subway | 0.49 mi | N/A |
Table values reflect current 2026 market conditions. Historical 2008-2020 commentary is sourced from Case-Shiller NYC metro composite and StreetEasy historical series.
With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.
Data updated:
