Brooklyn
Manhattan
For buyers focused on affordability, Flatlands has the lower median sale price at $425K vs $2.1M in Midtown.
Investors analyzing rental yield will find Flatlands offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in Midtown, which is served by 19 subway lines compared to 0 in Flatlands.
| Metric | Flatlands | Midtown |
|---|---|---|
| Median Sale Price | $425,000 | $2,095,000 |
| Median Condo Price | N/A | $2,187,500 |
| Median Co-op Price | N/A | $834,500 |
| Median Rent | $2,250 | $6,000 |
| Active Listings | 41 | 369 |
| Rental Inventory | 8 | 409 |
| Days on Market | 0 | 96 |
| Price Cut Share | 14.6% | 7.0% |
| Monthly Sales Volume | 6 | 22 |
| YoY Price Change | -38.3% | +19.7% |
| YoY Rent Change | -2.2% | +21.2% |
| YoY Inventory Change | +46.4% | +10.5% |
| Subway Lines | N/A | 1 2 3 4 5 6 7 A B C D E F M N Q R S W |
Prices in Flatlands moved -38.3% over the past year, compared to +19.7% in Midtown. Midtown is seeing price appreciation while Flatlands has softened, pointing to different supply-demand dynamics in each market.
Flatlands is a southeastern Brooklyn neighborhood of single-family detached homes, two-family brick houses, and low-rise apartment buildings on a flat grid of residential streets. The B/Q trains at the Kings Highway and Avenue U stations serve the western portion, and local buses provide additional connections. Floyd Bennett Field, the city's first municipal airport and now a national recreation area, borders the southern edge.
View Full Market ReportMidtown Manhattan is the city's primary commercial and transit hub, home to Grand Central Terminal, Rockefeller Center, Bryant Park, and the Empire State Building. The residential market features luxury condo towers, classic pre-war cooperatives, and postwar doorman buildings served by nearly every subway line in the system. Properties range from high-floor units with skyline panoramas to well-maintained co-ops along the tree-lined side streets east and west of Fifth Avenue.
View Full Market ReportNo subway data available
Times Sq-42 St (1 2 3 7 N Q R S W) — 0.2 mi
42 St-Port Authority (A C E) — 0.4 mi
Grand Central-42 St (4 5 6 7 S) — 0.4 mi
34 St-Herald Sq (B D F M N Q R W) — 0.4 mi
34 St-Penn Station (1 2 3 A C E) — 0.5 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.
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