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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, Midtown East has the lower median sale price at $775K vs $1.1M in Red Hook.
Investors analyzing rental yield will find Midtown East offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in Midtown East, which is served by 7 subway lines compared to 0 in Red Hook.
| Metric | Midtown East | Red Hook |
|---|---|---|
| Median Sale Price | $775,000 | $1,120,075 |
| Median Condo Price | $990,000 | N/A |
| Median Co-op Price | $628,000 | $177,249 |
| Median Rent | $4,895 | $4,399.5 |
| Active Listings | 1163 | 15 |
| Rental Inventory | 1710 | 22 |
| Days on Market | 60 | 1303 |
| Price Cut Share | 13.2% | 10.0% |
| Monthly Sales Volume | 95 | 1 |
| YoY Price Change | -16.2% | 0.0% |
| YoY Rent Change | +8.8% | +32.3% |
| YoY Inventory Change | +1.8% | -21.1% |
| Subway Lines | 4 5 6 7 E M S | N/A |
Prices in Midtown East moved -16.2% over the past year, compared to 0.0% in Red Hook. Both markets have seen price softening, with Midtown East declining more sharply over the measured period.
Midtown 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 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 ReportGrand 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
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.
