Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Flatlands vs Park Slope

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

Brooklyn|Brooklyn

Flatlands

Brooklyn

Park Slope

Brooklyn

How They Compare

For buyers focused on affordability, Flatlands has the lower median sale price at $425K vs $1.5M in Park Slope.

Investors analyzing rental yield will find Flatlands offers a stronger rent-to-price ratio based on current market data.

Median Sale Price
$425K
$1.5M
Median Rent
$2K
$4K
Active Listings
41
153
Avg Days on Market
0 days
31 days
YoY Price Change
-38.3%
+1.0%
Monthly Sales Volume
6
29

Detailed Comparison

MetricFlatlandsPark Slope
Median Sale Price$425,000$1,490,000
Median Condo PriceN/A$1,675,000
Median Co-op PriceN/A$992,000
Median Rent$2,250$4,200
Active Listings41153
Rental Inventory8316
Days on Market031
Price Cut Share14.6%3.9%
Monthly Sales Volume629
YoY Price Change-38.3%+1.0%
YoY Rent Change-2.2%+7.7%
YoY Inventory Change+46.4%-14.5%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Flatlands moved -38.3% over the past year, compared to +1.0% in Park Slope. Park Slope is seeing price appreciation while Flatlands has softened, pointing to different supply-demand dynamics in each market.

Neighborhood Profiles

Flatlands

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 Report

Park Slope

Park Slope is a well-known Brooklyn neighborhood, recognized for its tree-lined streets and preserved brownstones. Bordering the western edge of Prospect Park, the neighborhood offers convenient access to green space. The real estate market features a mix of historic townhouses, cooperatives, and modern condominiums, within walking distance of the park.

View Full Market Report

Transit Access

Flatlands

No subway data available

Park Slope

No subway data available

Active Listings

Flatlands for sale

View all Flatlands listings

Park Slope for sale

View all Park Slope 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 Flatlands cheaper than Park Slope?
Yes, Flatlands has a lower median sale price at $425,000 compared to $1,490,000 in Park Slope 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, Flatlands or Park Slope?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Flatlands or Park Slope?
This depends on what type of home fits your household. Flatlands and Park Slope 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 Flatlands or Park Slope?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Flatlands and Park Slope 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.

Call Milton WhatsApp