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25+ years experience · 1,000+ transactions · 5-star reviews
Brooklyn
Manhattan
For buyers focused on affordability, Nolita has the lower median sale price at $35K vs $425K in Flatlands.
Investors analyzing rental yield will find Nolita offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in Nolita, which is served by 13 subway lines compared to 0 in Flatlands.
| Metric | Flatlands | Nolita |
|---|---|---|
| Median Sale Price | $425,000 | $34,500 |
| Median Condo Price | N/A | $1,541,643.5 |
| Median Co-op Price | N/A | $34,500 |
| Median Rent | $2,250 | $5,495 |
| Active Listings | 41 | 18 |
| Rental Inventory | 8 | 128 |
| Days on Market | 0 | 13 |
| Price Cut Share | 14.6% | 11.8% |
| Monthly Sales Volume | 6 | 3 |
| YoY Price Change | -38.3% | 0.0% |
| YoY Rent Change | -2.2% | +11.6% |
| YoY Inventory Change | +46.4% | -5.3% |
| Subway Lines | N/A | 1 6 A B C D E J N Q R W Z |
Prices in Flatlands moved -38.3% over the past year, compared to 0.0% in Nolita. Both markets have seen price softening, with Flatlands declining more sharply over the measured period.
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 ReportNolita (North of Little Italy) is a stylish and intimate neighborhood known for its narrow streets, boutique shopping, and cozy cafes. It offers a village-like atmosphere that feels worlds away from the surrounding bustle. The real estate market is characterized by historic low-rise walk-up buildings and a select few modern boutique condominiums that offer a high level of design and luxury in one of Manhattan's most fashionable and walkable districts.
View Full Market ReportNo subway data available
Spring St (6 C E) — 0.0 mi
Prince St (N R W) — 0.1 mi
Bowery (J Z) — 0.2 mi
Grand St (B D) — 0.3 mi
Canal St (1 6 A C E J N Q R W Z) — 0.3 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.
With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.