Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Flatlands vs Midtown South

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

Brooklyn|Manhattan

Flatlands

Brooklyn

Midtown South

Manhattan

How They Compare

For buyers focused on affordability, Flatlands has the lower median sale price at $425K vs $850K in Midtown South.

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

Commuters have more transit options in Midtown South, which is served by 16 subway lines compared to 0 in Flatlands.

Median Sale Price
$425K
$850K
Median Rent
$2K
$5K
Active Listings
41
69
Avg Days on Market
0 days
48 days
YoY Price Change
-38.3%
+0.2%
Monthly Sales Volume
6
4

Detailed Comparison

MetricFlatlandsMidtown South
Median Sale Price$425,000$850,000
Median Condo PriceN/A$2,760,000
Median Co-op PriceN/A$610,000
Median Rent$2,250$5,100
Active Listings4169
Rental Inventory8208
Days on Market048
Price Cut Share14.6%8.7%
Monthly Sales Volume64
YoY Price Change-38.3%+0.2%
YoY Rent Change-2.2%+5.2%
YoY Inventory Change+46.4%+4.5%
Subway LinesN/A1 2 3 7 A B C D E F M N Q R S W

Year-Over-Year Price Movement

Prices in Flatlands moved -38.3% over the past year, compared to +0.2% in Midtown South. Midtown South is seeing price appreciation while Flatlands has softened, pointing to different supply-demand dynamics in each market.

Neighborhood Profiles

Flatlands

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.

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Midtown South

Midtown South encompasses the blocks around the Flatiron Building and Madison Square Park, featuring converted loft-style condos, Beaux-Arts co-ops, and Art Deco apartment buildings alongside new residential towers. The R and W trains at 23rd Street, the 6 train on Park Avenue South, and the F and M trains on Sixth Avenue provide extensive subway coverage.

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Transit Access

Flatlands

No subway data available

Midtown South

1237ABCDEFMNQRSW

34 St-Penn Station (1 2 3 A C E) — 0.3 mi

34 St-Herald Sq (B D F M N Q R W) — 0.5 mi

42 St-Port Authority (A C E) — 0.7 mi

Times Sq-42 St (1 2 3 7 N Q R S W) — 0.7 mi

Active Listings

Flatlands for sale

View all Flatlands listings

Midtown South for sale

View all Midtown South 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 Flatlands cheaper than Midtown South?
Yes, Flatlands has a lower median sale price at $425,000 compared to $850,000 in Midtown South as of the most recent market data. Co-op and condo prices within each neighborhood can vary significantly, so the right fit depends on property type and building.
Which has better transit, Flatlands or Midtown South?
Flatlands has access to 0 subway lines and Midtown South has 16, making Midtown South the stronger option for transit access. Flatlands has 0 lines, which may still cover your commute depending on your destination.
Which is better for families, Flatlands or Midtown South?
This depends on what type of home fits your household. Flatlands and Midtown South 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 Flatlands or Midtown South?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Flatlands and Midtown South 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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