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NYC Neighborhood Comparison
Brooklyn
Manhattan
For buyers focused on affordability, Gravesend has the lower median sale price at $500K vs $875K in Midtown East.
Commuters have more transit options in Midtown East, which is served by 7 subway lines compared to 0 in Gravesend.
| Metric | Gravesend | Midtown East |
|---|---|---|
| Median Sale Price | $499,999 | $875,000 |
| Median Condo Price | $390,000 | $1,265,000 |
| Median Co-op Price | $390,000 | $750,000 |
| Median Rent | $2,950 | $5,095 |
| Active Listings | 186 | 1286 |
| Rental Inventory | 71 | 1935 |
| Days on Market | 46.5 | 79 |
| Price Cut Share | 15.6% | 14.0% |
| Monthly Sales Volume | 16 | 110 |
| YoY Price Change | -56.5% | -12.4% |
| YoY Rent Change | -6.3% | +4.1% |
| YoY Inventory Change | -2.6% | -4.7% |
| Subway Lines | N/A | 4 5 6 7 E M S |
Prices in Gravesend moved -56.5% over the past year, compared to -12.4% in Midtown East. Both markets have seen price softening, with Gravesend declining more sharply over the measured period.
Gravesend 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 ReportMidtown East is a dynamic hub that is the gateway to Manhattan for many. Home to iconic landmarks like Grand Central Terminal and the Chrysler Building, the neighborhood offers unparalleled convenience for commuters and professionals. The residential landscape is a mix of high-rise luxury towers and historic side-street cooperatives, providing a wide array of options for those who want to be at the center of the city's energy.
View Full Market ReportNo subway data available
Grand Central-42 St (4 5 6 7 S) — 0.3 mi
51 St (6) — 0.3 mi
Lexington Av/53 St (E M) — 0.4 mi
5 Av/53 St (E M) — 0.5 mi
59 St (4 5 6) — 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 is refreshed every 15 minutes per REBNY IDX requirements.
From the 2008 financial crisis through the 2020 pandemic, the NYC metro Case-Shiller composite fell about 25% peak-to-trough between 2007 and 2012, then fully recovered by 2017 and gained another 15% through Q1 2020. Gravesend and Midtown East both tracked this broader NYC arc, with annual closing volume contracting sharply in 2009 and again in Q2 2020 before normalizing.
Midtown East tracked the more resilient Manhattan price path with a 10% to 15% peak-to-trough decline, while Gravesend moved closer to the broader NYC metro pattern of a 20% to 25% retracement before recovering through 2017.
Source: Per Case-Shiller Home Price Index, NYC metro subset, 2008-2020, cross-referenced with StreetEasy historical price data series.
| Metric (2026) | Gravesend | Midtown East |
|---|---|---|
| Median Sale Price | $499,999 | $875,000 |
| Median Rent | $2,950/mo | $5,095/mo |
| Year-over-Year Price Change | -56.5% | -12.4% |
| Average Days on Market | 46.5 days | 79 days |
| Distance to Nearest Subway | N/A | 0.28 mi |
Table values reflect current 2026 market conditions. Historical 2008-2020 commentary is sourced from Case-Shiller NYC metro composite and StreetEasy historical series.
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Data updated:
