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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, Midtown East has the lower median sale price at $775K vs $1.2M in Long Island City.
Investors analyzing rental yield will find Midtown East offers a stronger rent-to-price ratio based on current market data.
| Metric | Long Island City | Midtown East |
|---|---|---|
| Median Sale Price | $1,237,500 | $775,000 |
| Median Condo Price | $1,124,830 | $990,000 |
| Median Co-op Price | N/A | $628,000 |
| Median Rent | $4,500 | $4,895 |
| Active Listings | 252 | 1163 |
| Rental Inventory | 942 | 1710 |
| Days on Market | 104.5 | 60 |
| Price Cut Share | 7.5% | 13.2% |
| Monthly Sales Volume | 8 | 95 |
| YoY Price Change | +38.6% | -16.2% |
| YoY Rent Change | +3.4% | +8.8% |
| YoY Inventory Change | +56.5% | +1.8% |
| Subway Lines | 7 E G M N R W | 4 5 6 7 E M S |
Prices in Long Island City moved +38.6% over the past year, compared to -16.2% in Midtown East. Long Island City is seeing price appreciation while Midtown East 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 ReportMidtown East is a dynamic hub that is the gateway to Manhattan for many. Home to iconic landmarks like Grand Central Terminal and the Chrysler Building, the neighborhood offers unparalleled convenience for commuters and professionals. The residential landscape is a mix of high-rise luxury towers and historic side-street cooperatives, providing a wide array of options for those who want to be at the center of the city's energy.
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
Grand Central-42 St (4 5 6 7 S) — 0.3 mi
51 St (6) — 0.3 mi
Lexington Av/53 St (E M) — 0.4 mi
5 Av/53 St (E M) — 0.5 mi
59 St (4 5 6) — 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.