Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Long Island City vs Park Slope

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

Queens|Brooklyn

Long Island City

Queens

Park Slope

Brooklyn

How They Compare

For buyers focused on affordability, Long Island City has the lower median sale price at $1.2M vs $1.5M in Park Slope.

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

Commuters have more transit options in Long Island City, which is served by 7 subway lines compared to 0 in Park Slope.

Median Sale Price
$1.2M
$1.5M
Median Rent
$5K
$4K
Active Listings
252
153
Avg Days on Market
104.5 days
31 days
YoY Price Change
+38.6%
+1.0%
Monthly Sales Volume
8
29

Detailed Comparison

MetricLong Island CityPark Slope
Median Sale Price$1,237,500$1,490,000
Median Condo Price$1,124,830$1,675,000
Median Co-op PriceN/A$992,000
Median Rent$4,500$4,200
Active Listings252153
Rental Inventory942316
Days on Market104.531
Price Cut Share7.5%3.9%
Monthly Sales Volume829
YoY Price Change+38.6%+1.0%
YoY Rent Change+3.4%+7.7%
YoY Inventory Change+56.5%-14.5%
Subway Lines7 E G M N R WN/A

Year-Over-Year Price Movement

Prices in Long Island City moved +38.6% over the past year, compared to +1.0% in Park Slope. The +38.6% gain in Long Island City reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

Long Island City

Long Island City sits directly across the East River from Midtown Manhattan, reachable in one stop on the 7 train. LIC has added more than 12,000 residential units since 2015, transforming former industrial blocks into a corridor of glass-tower condos, converted loft co-ops, and rental high-rises along the waterfront. Gantry Plaza State Park, MoMA PS1, and the Hunters Point Library anchor the neighborhood’s cultural identity. Median condo prices run roughly 30-40% below comparable Manhattan waterfront units, drawing both first-time buyers and investors looking for appreciation in one of the city’s highest-growth zip codes.

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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.

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Transit Access

Long Island City

7EGMNRW

Hunters Point Av (7) — 0.2 mi

Court Sq (7 E G M) — 0.2 mi

Long Island City (E G M R) — 0.6 mi

Queensboro Plaza (7 N W) — 0.6 mi

Park Slope

No subway data available

Active Listings

Long Island City for sale

View all Long Island City 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 Long Island City cheaper than Park Slope?
Yes, Long Island City has a lower median sale price at $1,237,500 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, Long Island City or Park Slope?
Long Island City has access to 7 subway lines and Park Slope has 0, making Long Island City the stronger option for transit access. Park Slope has 0 lines, which may still cover your commute depending on your destination.
Which is better for families, Long Island City or Park Slope?
This depends on what type of home fits your household. Long Island City 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 Long Island City 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 Long Island City 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.

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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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