Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

New Hyde Park vs Red Hook

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

Queens|Brooklyn

New Hyde Park

Queens

Red Hook

Brooklyn

How They Compare

For buyers focused on affordability, New Hyde Park has the lower median sale price at $499K vs $1.1M in Red Hook.

Median Sale Price
$499K
$1.1M
Median Rent
$0
$4K
Active Listings
1
15
Avg Days on Market
0 days
1303 days
YoY Price Change
0.0%
0.0%
Monthly Sales Volume
4
1

Detailed Comparison

MetricNew Hyde ParkRed Hook
Median Sale Price$498,500$1,120,075
Median Condo PriceN/AN/A
Median Co-op PriceN/A$177,249
Median Rent$0$4,399.5
Active Listings115
Rental Inventory122
Days on Market01303
Price Cut Share0.0%10.0%
Monthly Sales Volume41
YoY Price Change0.0%0.0%
YoY Rent Change0.0%+32.3%
YoY Inventory Change-50.0%-21.1%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Both New Hyde Park and Red Hook saw prices shift 0.0% over the past year. Comparable year-over-year movement suggests both markets are tracking similar citywide conditions.

Neighborhood Profiles

New Hyde Park

New Hyde Park is a residential Queens neighborhood on the Nassau County border, featuring single-family Colonial and Cape Cod homes with private driveways and landscaped yards. The LIRR New Hyde Park station on the Hempstead Branch provides commuter rail service to Penn Station. The neighborhood's low-rise residential character and proximity to Long Island make it one of the most suburban-feeling areas within New York City limits.

View Full Market Report

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.

View Full Market Report

Transit Access

New Hyde Park

No subway data available

Red Hook

No subway data available

Active Listings

New Hyde Park for sale

View all New Hyde Park 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 is refreshed every 15 minutes per REBNY IDX requirements.

New Hyde Park vs Red Hook: Home Price Resilience 2008-2020

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. New Hyde Park and Red Hook both tracked this broader NYC arc, with annual closing volume contracting sharply in 2009 and again in Q2 2020 before normalizing.

Outer-borough submarkets including New Hyde Park and Red Hook generally tracked the broader NYC metro pattern of a 20% to 25% peak-to-trough decline before fully recovering by 2017 and posting further gains through early 2020.

Source: Per Case-Shiller Home Price Index, NYC metro subset, 2008-2020, cross-referenced with StreetEasy historical price data series.

Metric (2026)New Hyde ParkRed Hook
Median Sale Price$498,500$1,120,075
Median Rent$0/mo$4,399.5/mo
Year-over-Year Price Change0.0%0.0%
Average Days on Market0 days1303 days
Distance to Nearest SubwayN/AN/A

Table values reflect current 2026 market conditions. Historical 2008-2020 commentary is sourced from Case-Shiller NYC metro composite and StreetEasy historical series.

Frequently Asked Questions

Is New Hyde Park cheaper than Red Hook?
Yes, New Hyde Park has a lower median sale price at $498,500 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, New Hyde Park or Red Hook?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, New Hyde Park or Red Hook?
This depends on what type of home fits your household. New Hyde Park 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 New Hyde Park 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 New Hyde Park 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.

More Comparisons

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.

Data updated:

Call Milton WhatsApp