Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Long Island City vs Prospect Heights

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

Queens|Brooklyn

Long Island City

Queens

Prospect Heights

Brooklyn

How They Compare

For buyers focused on affordability, Long Island City has the lower median sale price at $1.2M vs $1.7M in Prospect Heights.

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 Long Island City, which is served by 7 subway lines compared to 0 in Prospect Heights.

Median Sale Price
$1.2M
$1.7M
Median Rent
$5K
$5K
Active Listings
252
44
Avg Days on Market
104.5 days
35 days
YoY Price Change
+38.6%
+3.4%
Monthly Sales Volume
8
6

Detailed Comparison

MetricLong Island CityProspect Heights
Median Sale Price$1,237,500$1,662,500
Median Condo Price$1,124,830$1,757,500
Median Co-op PriceN/A$954,000
Median Rent$4,500$4,525
Active Listings25244
Rental Inventory942132
Days on Market104.535
Price Cut Share7.5%2.3%
Monthly Sales Volume86
YoY Price Change+38.6%+3.4%
YoY Rent Change+3.4%+13.1%
YoY Inventory Change+56.5%-6.4%
Subway Lines7 E G M N R WN/A

Year-Over-Year Price Movement

Prices in Long Island City moved +38.6% over the past year, compared to +3.4% in Prospect Heights. The +38.6% gain in Long Island City reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

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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Prospect Heights

Prospect Heights is a compact Brooklyn neighborhood anchored by the Brooklyn Public Library, Grand Army Plaza, Prospect Park, and the Brooklyn Museum. The real estate market features historic brownstones, pre-war cooperatives, and new developments like Pacific Park, with 2/3/B/Q/4 train service.

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Transit Access

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

Prospect Heights

No subway data available

Active Listings

Long Island City for sale

View all Long Island City listings

Prospect Heights for sale

View all Prospect Heights 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 Long Island City cheaper than Prospect Heights?
Yes, Long Island City has a lower median sale price at $1,237,500 compared to $1,662,500 in Prospect Heights as of the most recent market data. Co-op and condo prices within each neighborhood can vary significantly, so the right fit depends on property type and building.
Which has better transit, Long Island City or Prospect Heights?
Long Island City has access to 7 subway lines and Prospect Heights has 0, making Long Island City the stronger option for transit access. Prospect Heights has 0 lines, which may still cover your commute depending on your destination.
Which is better for families, Long Island City or Prospect Heights?
This depends on what type of home fits your household. Long Island City and Prospect Heights 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 Long Island City or Prospect Heights?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Long Island City and Prospect Heights 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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