Milton Coste

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NYC Neighborhood Comparison

Park Slope vs Red Hook

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

Brooklyn|Brooklyn

Park Slope

Brooklyn

Red Hook

Brooklyn

How They Compare

For buyers focused on affordability, Red Hook has the lower median sale price at $1.1M vs $1.5M in Park Slope.

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

Median Sale Price
$1.5M
$1.1M
Median Rent
$4K
$4K
Active Listings
153
15
Avg Days on Market
31 days
1303 days
YoY Price Change
+1.0%
0.0%
Monthly Sales Volume
29
1

Detailed Comparison

MetricPark SlopeRed Hook
Median Sale Price$1,490,000$1,120,075
Median Condo Price$1,675,000N/A
Median Co-op Price$992,000$177,249
Median Rent$4,200$4,399.5
Active Listings15315
Rental Inventory31622
Days on Market311303
Price Cut Share3.9%10.0%
Monthly Sales Volume291
YoY Price Change+1.0%0.0%
YoY Rent Change+7.7%+32.3%
YoY Inventory Change-14.5%-21.1%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Park Slope moved +1.0% over the past year, compared to 0.0% in Red Hook. The +1.0% gain in Park Slope reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

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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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.

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Transit Access

Park Slope

No subway data available

Red Hook

No subway data available

Active Listings

Park Slope for sale

View all Park Slope 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 last updated: 1/1/1970.

Frequently Asked Questions

Is Park Slope cheaper than Red Hook?
Red Hook is more affordable, with a median sale price of $1,120,075 vs $1,490,000 in Park Slope. Pricing can vary widely by building, floor, and unit condition, so review current listings for accurate comparisons.
Which has better transit, Park Slope or Red Hook?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Park Slope or Red Hook?
This depends on what type of home fits your household. Park Slope 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 Park Slope 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 Park Slope 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.

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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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