Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Flatiron vs Kensington

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

Manhattan|Brooklyn

Flatiron

Manhattan

Kensington

Brooklyn

How They Compare

For buyers focused on affordability, Kensington has the lower median sale price at $1.6M vs $2.8M in Flatiron.

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

Commuters have more transit options in Flatiron, which is served by 11 subway lines compared to 0 in Kensington.

Median Sale Price
$2.8M
$1.6M
Median Rent
$6K
$3K
Active Listings
245
89
Avg Days on Market
107.5 days
59 days
YoY Price Change
+68.4%
+198.1%
Monthly Sales Volume
16
4

Detailed Comparison

MetricFlatironKensington
Median Sale Price$2,760,000$1,550,000
Median Condo Price$3,600,000$537,104.5
Median Co-op Price$1,775,000$400,000
Median Rent$6,192.5$2,825
Active Listings24589
Rental Inventory26278
Days on Market107.559
Price Cut Share12.7%5.6%
Monthly Sales Volume164
YoY Price Change+68.4%+198.1%
YoY Rent Change+2.4%+8.7%
YoY Inventory Change+8.9%+25.4%
Subway Lines1 2 3 B D F M N Q R WN/A

Year-Over-Year Price Movement

Prices in Flatiron moved +68.4% over the past year, compared to +198.1% in Kensington. The +198.1% gain in Kensington reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

Flatiron

The Flatiron District is a busy intersection of history, technology, and luxury living. Named after the iconic Flatiron Building, the neighborhood is centered around Madison Square Park and is a hub for the city's 'Silicon Alley.' The real estate market is famous for its grand cast-iron loft buildings with high ceilings and expansive floor plans, alongside ultra-luxury glass towers that offer modern amenities and central Manhattan convenience.

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Kensington

Kensington is a residential Brooklyn neighborhood bordered by Prospect Park to the north and the landmarked Green-Wood Cemetery to the west, with Ocean Parkway running through its center as one of the borough's signature tree-lined boulevards. The housing stock includes brick rowhouses, prewar co-op apartment buildings along Ocean Parkway and Coney Island Avenue, and detached Victorian homes on the side streets, served by the F and G trains at Fort Hamilton Parkway and Church Avenue. The B and Q express trains are accessible within a short walk, providing a 30-to-35-minute commute to Midtown Manhattan.

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Transit Access

Flatiron

123BDFMNQRW

34 St-Herald Sq (B D F M N Q R W) — 0.6 mi

34 St-Penn Station (1 2 3) — 0.7 mi

Kensington

No subway data available

Active Listings

Flatiron for sale

View all Flatiron listings

Kensington for sale

View all Kensington 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 Flatiron cheaper than Kensington?
Kensington is more affordable, with a median sale price of $1,550,000 vs $2,760,000 in Flatiron. Pricing can vary widely by building, floor, and unit condition, so review current listings for accurate comparisons.
Which has better transit, Flatiron or Kensington?
Flatiron has access to 11 subway lines and Kensington has 0, making Flatiron the stronger option for transit access. Kensington has 0 lines, which may still cover your commute depending on your destination.
Which is better for families, Flatiron or Kensington?
This depends on what type of home fits your household. Flatiron and Kensington 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 Flatiron or Kensington?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Flatiron and Kensington 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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