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25+ years experience · 1,000+ transactions · 5-star reviews
NYC Neighborhood Comparison
Side-by-side market data, transit, and neighborhood profiles to help you decide.
Queens
Manhattan
For buyers focused on affordability, Washington Heights has the lower median sale price at $518K vs $1.2M in Long Island City.
Investors analyzing rental yield will find Washington Heights 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 3 in Washington Heights.
| Metric | Long Island City | Washington Heights |
|---|---|---|
| Median Sale Price | $1,237,500 | $517,500 |
| Median Condo Price | $1,124,830 | $400,000 |
| Median Co-op Price | N/A | $517,500 |
| Median Rent | $4,500 | $2,963.5 |
| Active Listings | 252 | 174 |
| Rental Inventory | 942 | 412 |
| Days on Market | 104.5 | 48 |
| Price Cut Share | 7.5% | 13.2% |
| Monthly Sales Volume | 8 | 18 |
| YoY Price Change | +38.6% | -5.3% |
| YoY Rent Change | +3.4% | +11.6% |
| YoY Inventory Change | +56.5% | -1.7% |
| Subway Lines | 7 E G M N R W | 1 A C |
Prices in Long Island City moved +38.6% over the past year, compared to -5.3% in Washington Heights. Long Island City is seeing price appreciation while Washington Heights has softened, pointing to different supply-demand dynamics in each market.
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.
View Full Market ReportWashington Heights is a well-connected neighborhood known for its dramatic topography and stunning views of the Hudson River and the George Washington Bridge. Home to the Cloisters and Fort Tryon Park, the area offers a unique blend of history and natural beauty. The real estate market is characterized by large, pre-war cooperatives that offer significant space for the price, making it a popular choice for those seeking value and community.
View Full Market ReportHunters 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
181 St (1 A) — 0.4 mi
175 St (A) — 0.4 mi
168 St (1 A C) — 0.5 mi
163 St-Amsterdam Av (C) — 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 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.
