Milton Coste

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NYC Neighborhood Comparison

Midtown South vs Red Hook

Side-by-side market data, transit, and neighborhood profiles to help you decide.

Manhattan|Brooklyn

Midtown South

Manhattan

Red Hook

Brooklyn

How They Compare

For buyers focused on affordability, Midtown South has the lower median sale price at $850K vs $1.1M in Red Hook.

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 Red Hook.

Median Sale Price
$850K
$1.1M
Median Rent
$5K
$4K
Active Listings
69
15
Avg Days on Market
48 days
1303 days
YoY Price Change
+0.2%
0.0%
Monthly Sales Volume
4
1

Detailed Comparison

MetricMidtown SouthRed Hook
Median Sale Price$850,000$1,120,075
Median Condo Price$2,760,000N/A
Median Co-op Price$610,000$177,249
Median Rent$5,100$4,399.5
Active Listings6915
Rental Inventory20822
Days on Market481303
Price Cut Share8.7%10.0%
Monthly Sales Volume41
YoY Price Change+0.2%0.0%
YoY Rent Change+5.2%+32.3%
YoY Inventory Change+4.5%-21.1%
Subway Lines1 2 3 7 A B C D E F M N Q R S WN/A

Year-Over-Year Price Movement

Prices in Midtown South moved +0.2% over the past year, compared to 0.0% in Red Hook. The +0.2% gain in Midtown South reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

Midtown South

Midtown 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.

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Red Hook

Red 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.

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Transit Access

Midtown South

1237ABCDEFMNQRSW

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

Red Hook

No subway data available

Active Listings

Midtown South for sale

View all Midtown South listings

Red Hook for sale

View all Red Hook listings

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.

Frequently Asked Questions

Is Midtown South cheaper than Red Hook?
Yes, Midtown South has a lower median sale price at $850,000 compared to $1,120,075 in Red Hook as of the most recent market data. Co-op and condo prices within each neighborhood can vary significantly, so the right fit depends on property type and building.
Which has better transit, Midtown South or Red Hook?
Midtown South has access to 16 subway lines and Red Hook has 0, making Midtown South the stronger option for transit access. Red Hook has 0 lines, which may still cover your commute depending on your destination.
Which is better for families, Midtown South or Red Hook?
This depends on what type of home fits your household. Midtown South and Red Hook both offer a mix of apartment and multi-room units in co-ops, condos, and townhouses. Larger 3- and 4-bedroom units, including townhouses and multi-family properties, tend to be more available in lower-density areas. Reviewing active listings filtered by bedroom count is the most reliable way to see what each neighborhood currently offers for larger households. A licensed broker can pull current inventory by bedroom count across both areas for a direct comparison.
Should I buy in Midtown South or Red Hook?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Midtown South and Red Hook gives you the clearest picture of what your budget gets in each location. Request a free CMA from Milton Coste to get a side-by-side breakdown of current opportunities.

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Need Help Choosing?

With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.

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