Schedule with Milton
Licensed Real Estate Associate Broker
Regarding Property
You're Confirmed!
Milton will reach out within 24 hours to finalize your appointment.
25+ years experience · 1,000+ transactions · 5-star reviews
Brooklyn
Brooklyn
For buyers focused on affordability, Flatlands has the lower median sale price at $425K vs $1.9M in DUMBO.
Investors analyzing rental yield will find Flatlands 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 Flatlands.
| Metric | DUMBO | Flatlands |
|---|---|---|
| Median Sale Price | $1,950,000 | $425,000 |
| Median Condo Price | $1,950,000 | N/A |
| Median Co-op Price | N/A | N/A |
| Median Rent | $6,250 | $2,250 |
| Active Listings | 93 | 41 |
| Rental Inventory | 149 | 8 |
| Days on Market | 89 | 0 |
| Price Cut Share | 6.5% | 14.6% |
| Monthly Sales Volume | 4 | 6 |
| YoY Price Change | +3.4% | -38.3% |
| YoY Rent Change | +17.9% | -2.2% |
| YoY Inventory Change | +1.1% | +46.4% |
| Subway Lines | 2 3 A C F R | N/A |
Prices in DUMBO moved +3.4% over the past year, compared to -38.3% in Flatlands. DUMBO is seeing price appreciation while Flatlands has softened, pointing to different supply-demand dynamics in each market.
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.
View Full Market ReportFlatlands is a southeastern Brooklyn neighborhood of single-family detached homes, two-family brick houses, and low-rise apartment buildings on a flat grid of residential streets. The B/Q trains at the Kings Highway and Avenue U stations serve the western portion, and local buses provide additional connections. Floyd Bennett Field, the city's first municipal airport and now a national recreation area, borders the southern edge.
View Full Market ReportYork 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
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.