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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 $975K in Gravesend.
Investors analyzing rental yield will find Flatlands offers a stronger rent-to-price ratio based on current market data.
| Metric | Flatlands | Gravesend |
|---|---|---|
| Median Sale Price | $425,000 | $975,000 |
| Median Condo Price | N/A | $667,500 |
| Median Co-op Price | N/A | $357,500 |
| Median Rent | $2,250 | $3,075 |
| Active Listings | 41 | 165 |
| Rental Inventory | 8 | 76 |
| Days on Market | 0 | 56 |
| Price Cut Share | 14.6% | 9.7% |
| Monthly Sales Volume | 6 | 29 |
| YoY Price Change | -38.3% | -5.1% |
| YoY Rent Change | -2.2% | +4.3% |
| YoY Inventory Change | +46.4% | +1.9% |
| Subway Lines | N/A | N/A |
Prices in Flatlands moved -38.3% over the past year, compared to -5.1% in Gravesend. Both markets have seen price softening, with Flatlands declining more sharply over the measured period.
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 ReportGravesend offers a broad housing mix including semi-detached single-family homes, postwar co-op towers, and newly constructed boutique condominiums spread across a grid of low-traffic residential streets in southern Brooklyn. The D, F, and N subway lines serve the neighborhood at multiple stations along Kings Highway and Avenue U, connecting to Midtown Manhattan in about 45 minutes. Calvert Vaux Park provides 73 acres of green space and waterfront access along Coney Island Creek.
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.