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25+ years experience · 1,000+ transactions · 5-star reviews
Queens
Brooklyn
For buyers focused on affordability, Flushing has the lower median sale price at $568K vs $1.0M in Gowanus.
Investors analyzing rental yield will find Flushing offers a stronger rent-to-price ratio based on current market data.
| Metric | Flushing | Gowanus |
|---|---|---|
| Median Sale Price | $567,875 | $1,045,000 |
| Median Condo Price | $628,000 | $775,000 |
| Median Co-op Price | $333,500 | N/A |
| Median Rent | $2,700 | $4,850 |
| Active Listings | 332 | 19 |
| Rental Inventory | 208 | 295 |
| Days on Market | 64 | 43 |
| Price Cut Share | 5.4% | 15.8% |
| Monthly Sales Volume | 61 | 1 |
| YoY Price Change | -9.6% | +51.6% |
| YoY Rent Change | 0.0% | +7.8% |
| YoY Inventory Change | +41.3% | -38.7% |
| Subway Lines | N/A | N/A |
Prices in Flushing moved -9.6% over the past year, compared to +51.6% in Gowanus. Gowanus is seeing price appreciation while Flushing has softened, pointing to different supply-demand dynamics in each market.
Flushing is a world-class commercial and residential hub, known for its incredible energy and cultural depth. As one of the city's most important transit and retail centers, it offers a high-energy lifestyle with unparalleled dining and shopping. The real estate market has seen a dramatic transformation with the arrival of ultra-modern luxury glass towers and mixed-use developments, alongside a solid stock of traditional cooperatives and multi-family homes.
View Full Market ReportGowanus features a striking mix of 19th-century brick warehouses, Greek Revival rowhouses, and new glass-and-steel condominiums rising along the canal waterfront. The F, G, R, D, and N/W trains are accessible at nearby Smith-Ninth Streets and Fourth Avenue-Ninth Street stations, with Atlantic Terminal a short walk north. Washington Park and the Old Stone House landmark anchor the neighborhood's green space, while a major rezoning is bringing thousands of new residential units and waterfront parkland to the area.
View Full Market ReportNo subway data available
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.
