Brooklyn
Manhattan
For buyers focused on affordability, Flatlands has the lower median sale price at $425K vs $1.1M in Manhattan.
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 Manhattan, which is served by 5 subway lines compared to 0 in Flatlands.
| Metric | Flatlands | Manhattan |
|---|---|---|
| Median Sale Price | $425,000 | $1,129,900 |
| Median Condo Price | N/A | $1,550,000 |
| Median Co-op Price | N/A | $865,000 |
| Median Rent | $2,250 | $4,750 |
| Active Listings | 41 | 7987 |
| Rental Inventory | 8 | 13608 |
| Days on Market | 0 | 64 |
| Price Cut Share | 14.6% | 11.7% |
| Monthly Sales Volume | 6 | 758 |
| YoY Price Change | -38.3% | +2.7% |
| YoY Rent Change | -2.2% | +7.5% |
| YoY Inventory Change | +46.4% | -0.5% |
| Subway Lines | N/A | 1 2 3 B C |
Prices in Flatlands moved -38.3% over the past year, compared to +2.7% in Manhattan. Manhattan is seeing price appreciation while Flatlands has softened, pointing to different supply-demand dynamics in each market.
Flatlands 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 ReportManhattan is the most densely built borough in New York City, stretching 13 miles from Battery Park to Inwood and encompassing over 70 distinct neighborhoods. The housing stock ranges from prewar co-ops on the Upper East Side to luxury glass-tower condominiums in Hudson Yards, from cast-iron loft conversions in SoHo to brownstone townhouses in Harlem. Fourteen subway lines, the PATH train, and multiple ferry routes provide extensive transit coverage.
View Full Market ReportNo subway data available
81 St-Museum of Natural History (B C) — 0.1 mi
86 St (1 B C) — 0.2 mi
79 St (1) — 0.5 mi
72 St (1 2 3 B C) — 0.5 mi
96 St (1 2 3 B C) — 0.7 mi
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.
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