Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Little Italy vs Long Island City

Side-by-side market data, transit, and neighborhood profiles to help you decide.

Manhattan|Queens

Little Italy

Manhattan

Long Island City

Queens

How They Compare

For buyers focused on affordability, Long Island City has the lower median sale price at $1.2M vs $1.6M in Little Italy.

Investors analyzing rental yield will find Long Island City offers a stronger rent-to-price ratio based on current market data.

Commuters have more transit options in Little Italy, which is served by 13 subway lines compared to 7 in Long Island City.

Median Sale Price
$1.6M
$1.2M
Median Rent
$5K
$5K
Active Listings
9
252
Avg Days on Market
0 days
104.5 days
YoY Price Change
0.0%
+38.6%
Monthly Sales Volume
1
8

Detailed Comparison

MetricLittle ItalyLong Island City
Median Sale Price$1,566,781.5$1,237,500
Median Condo Price$1,566,781.5$1,124,830
Median Co-op PriceN/AN/A
Median Rent$4,850$4,500
Active Listings9252
Rental Inventory43942
Days on Market0104.5
Price Cut Share36.4%7.5%
Monthly Sales Volume18
YoY Price Change0.0%+38.6%
YoY Rent Change-7.0%+3.4%
YoY Inventory Change+28.6%+56.5%
Subway Lines1 6 A B C D E J N Q R W Z7 E G M N R W

Year-Over-Year Price Movement

Prices in Little Italy moved 0.0% over the past year, compared to +38.6% in Long Island City. The +38.6% gain in Long Island City reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

Little Italy

Little Italy occupies a compact corridor along Mulberry Street in Lower Manhattan between Canal and Houston Streets, defined by red-brick tenement buildings, prewar walk-ups, and cast-iron-facade commercial structures dating to the late 19th century. St. Patrick's Old Cathedral, completed in 1815, anchors the neighborhood's architectural heritage alongside narrow storefronts and fire-escape-lined facades. The 6 train at Spring Street, N/R/W at Canal Street, and J/Z at Bowery place multiple subway options within a short walk.

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Long Island City

Long Island City sits directly across the East River from Midtown Manhattan, reachable in one stop on the 7 train. LIC has added more than 12,000 residential units since 2015, transforming former industrial blocks into a corridor of glass-tower condos, converted loft co-ops, and rental high-rises along the waterfront. Gantry Plaza State Park, MoMA PS1, and the Hunters Point Library anchor the neighborhood’s cultural identity. Median condo prices run roughly 30-40% below comparable Manhattan waterfront units, drawing both first-time buyers and investors looking for appreciation in one of the city’s highest-growth zip codes.

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Transit Access

Little Italy

16ABCDEJNQRWZ

Grand St (B D) — 0.2 mi

Bowery (J Z) — 0.2 mi

Canal St (1 6 A C E J N Q R W Z) — 0.2 mi

Spring St (6 C E) — 0.2 mi

Prince St (N R W) — 0.4 mi

Long Island City

7EGMNRW

Hunters Point Av (7) — 0.2 mi

Court Sq (7 E G M) — 0.2 mi

Long Island City (E G M R) — 0.6 mi

Queensboro Plaza (7 N W) — 0.6 mi

Active Listings

Little Italy for sale

View all Little Italy listings

Long Island City for sale

View all Long Island City listings

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.

Frequently Asked Questions

Is Little Italy cheaper than Long Island City?
Long Island City is more affordable, with a median sale price of $1,237,500 vs $1,566,781.5 in Little Italy. Pricing can vary widely by building, floor, and unit condition, so review current listings for accurate comparisons.
Which has better transit, Little Italy or Long Island City?
Little Italy has access to 13 subway lines and Long Island City has 7, making Little Italy the stronger option for transit access. Long Island City has 7 lines, which may still cover your commute depending on your destination.
Which is better for families, Little Italy or Long Island City?
This depends on what type of home fits your household. Little Italy and Long Island City both offer a mix of apartment and multi-room units in co-ops, condos, and townhouses. Larger 3- and 4-bedroom units, including townhouses and multi-family properties, tend to be more available in lower-density areas. Reviewing active listings filtered by bedroom count is the most reliable way to see what each neighborhood currently offers for larger households. A licensed broker can pull current inventory by bedroom count across both areas for a direct comparison.
Should I buy in Little Italy or Long Island City?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Little Italy and Long Island City gives you the clearest picture of what your budget gets in each location. Request a free CMA from Milton Coste to get a side-by-side breakdown of current opportunities.

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Need Help Choosing?

With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.

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