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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.
Manhattan
Brooklyn
For buyers focused on affordability, Lower East Side has the lower median sale price at $983K vs $1.1M in Red Hook.
Investors analyzing rental yield will find Lower East Side offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in Lower East Side, which is served by 6 subway lines compared to 0 in Red Hook.
| Metric | Lower East Side | Red Hook |
|---|---|---|
| Median Sale Price | $982,500 | $1,120,075 |
| Median Condo Price | $1,100,000 | N/A |
| Median Co-op Price | $710,000 | $177,249 |
| Median Rent | $4,895 | $4,399.5 |
| Active Listings | 179 | 15 |
| Rental Inventory | 380 | 22 |
| Days on Market | 113 | 1303 |
| Price Cut Share | 15.1% | 10.0% |
| Monthly Sales Volume | 10 | 1 |
| YoY Price Change | +41.4% | 0.0% |
| YoY Rent Change | +8.9% | +32.3% |
| YoY Inventory Change | +4.1% | -21.1% |
| Subway Lines | B D F J M Z | N/A |
Prices in Lower East Side moved +41.4% over the past year, compared to 0.0% in Red Hook. The +41.4% gain in Lower East Side reflects stronger buyer demand relative to available inventory in that market.
The Lower East Side (LES) is a neighborhood where New York’s storied history meets its high-end future. Known for its legendary nightlife and deep historic roots, the area has seen a dramatic transformation with the arrival of luxury towers like Essex Crossing. The housing stock is a unique mix of historic walk-up cooperatives, value-driven HDFC units, and ultra-modern condominiums that offer some of the best views in Downtown Manhattan.
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 ReportEast Broadway (F) — 0.3 mi
Delancey St-Essex St (F J M Z) — 0.3 mi
Grand St (B D) — 0.5 mi
Bowery (J Z) — 0.5 mi
Second Ave (F) — 0.6 mi
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.
