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25+ years experience · 1,000+ transactions · 5-star reviews
Brooklyn
Brooklyn
For buyers focused on affordability, Red Hook has the lower median sale price at $1.1M vs $1.3M in Greenwood.
Investors analyzing rental yield will find Red Hook offers a stronger rent-to-price ratio based on current market data.
| Metric | Greenwood | Red Hook |
|---|---|---|
| Median Sale Price | $1,282,500 | $1,120,075 |
| Median Condo Price | $835,000 | N/A |
| Median Co-op Price | N/A | $177,249 |
| Median Rent | $3,499 | $4,399.5 |
| Active Listings | 57 | 15 |
| Rental Inventory | 173 | 22 |
| Days on Market | 85 | 1303 |
| Price Cut Share | 8.8% | 10.0% |
| Monthly Sales Volume | 5 | 1 |
| YoY Price Change | +42.9% | 0.0% |
| YoY Rent Change | +5.6% | +32.3% |
| YoY Inventory Change | +21.3% | -21.1% |
| Subway Lines | N/A | N/A |
Prices in Greenwood moved +42.9% over the past year, compared to 0.0% in Red Hook. The +42.9% gain in Greenwood reflects stronger buyer demand relative to available inventory in that market.
Greenwood is a Brooklyn neighborhood of brick row houses, walk-up apartment buildings, and new condominium developments surrounding the historic 478-acre Green-Wood Cemetery. The R train at 25th Street provides subway service, and the D train at 36th Street is accessible at the southern border. Green-Wood Cemetery, a National Historic Landmark with rolling hills and 19th-century monuments, is the neighborhood's defining landscape feature.
View Full Market ReportRed Hook is a waterfront neighborhood defined by cobblestone lanes, repurposed brick warehouses, and low-rise residential buildings on a peninsula jutting into Upper New York Bay. No subway runs directly through the neighborhood; NYC Ferry's South Brooklyn route and the B61 bus provide primary transit connections to Downtown Brooklyn and Manhattan. Valentino Pier Park and the 58-acre Red Hook Recreation Area offer harbor-front green space, while the working cruise terminal at Pier 12 maintains the area's maritime heritage.
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.
