Queens
Brooklyn
For buyers focused on affordability, Red Hook has the lower median sale price at $1.1M vs $1.1M in Hillcrest.
Investors analyzing rental yield will find Red Hook offers a stronger rent-to-price ratio based on current market data.
| Metric | Hillcrest | Red Hook |
|---|---|---|
| Median Sale Price | $1,150,000 | $1,120,075 |
| Median Condo Price | N/A | N/A |
| Median Co-op Price | N/A | $177,249 |
| Median Rent | $2,400 | $4,399.5 |
| Active Listings | 10 | 15 |
| Rental Inventory | 4 | 22 |
| Days on Market | 0 | 1303 |
| Price Cut Share | 23.1% | 10.0% |
| Monthly Sales Volume | 7 | 1 |
| YoY Price Change | +25.8% | 0.0% |
| YoY Rent Change | -5.9% | +32.3% |
| YoY Inventory Change | +400.0% | -21.1% |
| Subway Lines | N/A | N/A |
Prices in Hillcrest moved +25.8% over the past year, compared to 0.0% in Red Hook. The +25.8% gain in Hillcrest reflects stronger buyer demand relative to available inventory in that market.
Hillcrest is a hilly residential Queens neighborhood of brick Tudor and Colonial homes, garden-apartment cooperatives, and mid-rise condominium buildings along the spine of the Jamaica Hills ridge. The F train at Parsons Boulevard and 169th Street stations provides subway access, and local buses connect to Jamaica Center. St. John's University campus borders the neighborhood to the north.
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.
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