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NYC Neighborhood Comparison
Brooklyn
Manhattan
For buyers focused on affordability, Gravesend has the lower median sale price at $500K vs $765K in Midtown South.
Investors analyzing rental yield will find Midtown South offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in Midtown South, which is served by 16 subway lines compared to 0 in Gravesend.
| Metric | Gravesend | Midtown South |
|---|---|---|
| Median Sale Price | $499,999 | $765,000 |
| Median Condo Price | $390,000 | $765,000 |
| Median Co-op Price | $390,000 | $450,000 |
| Median Rent | $2,950 | $5,450 |
| Active Listings | 186 | 89 |
| Rental Inventory | 71 | 286 |
| Days on Market | 46.5 | 186.5 |
| Price Cut Share | 15.6% | 19.1% |
| Monthly Sales Volume | 16 | 5 |
| YoY Price Change | -56.5% | +10.1% |
| YoY Rent Change | -6.3% | +4.9% |
| YoY Inventory Change | -2.6% | +15.6% |
| Subway Lines | N/A | 1 2 3 7 A B C D E F M N Q R S W |
Prices in Gravesend moved -56.5% over the past year, compared to +10.1% in Midtown South. Midtown South is seeing price appreciation while Gravesend has softened, pointing to different supply-demand dynamics in each market.
Gravesend offers a broad housing mix including semi-detached single-family homes, postwar co-op towers, and newly constructed boutique condominiums spread across a grid of low-traffic residential streets in southern Brooklyn. The D, F, and N subway lines serve the neighborhood at multiple stations along Kings Highway and Avenue U, connecting to Midtown Manhattan in about 45 minutes. Calvert Vaux Park provides 73 acres of green space and waterfront access along Coney Island Creek.
View Full Market ReportMidtown South encompasses the blocks around the Flatiron Building and Madison Square Park, featuring converted loft-style condos, Beaux-Arts co-ops, and Art Deco apartment buildings alongside new residential towers. The R and W trains at 23rd Street, the 6 train on Park Avenue South, and the F and M trains on Sixth Avenue provide extensive subway coverage.
View Full Market ReportNo subway data available
34 St-Penn Station (1 2 3 A C E) — 0.3 mi
34 St-Herald Sq (B D F M N Q R W) — 0.5 mi
42 St-Port Authority (A C E) — 0.7 mi
Times Sq-42 St (1 2 3 7 N Q R S W) — 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 is refreshed every 15 minutes per REBNY IDX requirements.
From the 2008 financial crisis through the 2020 pandemic, the NYC metro Case-Shiller composite fell about 25% peak-to-trough between 2007 and 2012, then fully recovered by 2017 and gained another 15% through Q1 2020. Gravesend and Midtown South both tracked this broader NYC arc, with annual closing volume contracting sharply in 2009 and again in Q2 2020 before normalizing.
Midtown South tracked the more resilient Manhattan price path with a 10% to 15% peak-to-trough decline, while Gravesend moved closer to the broader NYC metro pattern of a 20% to 25% retracement before recovering through 2017.
Source: Per Case-Shiller Home Price Index, NYC metro subset, 2008-2020, cross-referenced with StreetEasy historical price data series.
| Metric (2026) | Gravesend | Midtown South |
|---|---|---|
| Median Sale Price | $499,999 | $765,000 |
| Median Rent | $2,950/mo | $5,450/mo |
| Year-over-Year Price Change | -56.5% | +10.1% |
| Average Days on Market | 46.5 days | 186.5 days |
| Distance to Nearest Subway | N/A | 0.33 mi |
Table values reflect current 2026 market conditions. Historical 2008-2020 commentary is sourced from Case-Shiller NYC metro composite and StreetEasy historical series.
With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.
Data updated:
