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25+ years experience · 1,000+ transactions · 5-star reviews
Manhattan
Brooklyn
For buyers focused on affordability, Red Hook has the lower median sale price at $1.1M vs $1.1M in Manhattan.
Investors analyzing rental yield will find Manhattan offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in Manhattan, which is served by 5 subway lines compared to 0 in Red Hook.
| Metric | Manhattan | Red Hook |
|---|---|---|
| Median Sale Price | $1,129,900 | $1,120,075 |
| Median Condo Price | $1,550,000 | N/A |
| Median Co-op Price | $865,000 | $177,249 |
| Median Rent | $4,750 | $4,399.5 |
| Active Listings | 7987 | 15 |
| Rental Inventory | 13608 | 22 |
| Days on Market | 64 | 1303 |
| Price Cut Share | 11.7% | 10.0% |
| Monthly Sales Volume | 758 | 1 |
| YoY Price Change | +2.7% | 0.0% |
| YoY Rent Change | +7.5% | +32.3% |
| YoY Inventory Change | -0.5% | -21.1% |
| Subway Lines | 1 2 3 B C | N/A |
Prices in Manhattan moved +2.7% over the past year, compared to 0.0% in Red Hook. The +2.7% gain in Manhattan reflects stronger buyer demand relative to available inventory in that market.
Manhattan is the most densely built borough in New York City, stretching 13 miles from Battery Park to Inwood and encompassing over 70 distinct neighborhoods. The housing stock ranges from prewar co-ops on the Upper East Side to luxury glass-tower condominiums in Hudson Yards, from cast-iron loft conversions in SoHo to brownstone townhouses in Harlem. Fourteen subway lines, the PATH train, and multiple ferry routes provide extensive transit coverage.
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 Report81 St-Museum of Natural History (B C) — 0.1 mi
86 St (1 B C) — 0.2 mi
79 St (1) — 0.5 mi
72 St (1 2 3 B C) — 0.5 mi
96 St (1 2 3 B C) — 0.7 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.
