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NYC Neighborhood Comparison

Prospect Park South vs Red Hook

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

Brooklyn|Brooklyn

Prospect Park South

Brooklyn

Red Hook

Brooklyn

How They Compare

For buyers focused on affordability, Prospect Park South has the lower median sale price at $680K vs $1.1M in Red Hook.

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

Median Sale Price
$680K
$1.1M
Median Rent
$3K
$4K
Active Listings
22
15
Avg Days on Market
119.5 days
1303 days
YoY Price Change
0.0%
0.0%
Monthly Sales Volume
2
1

Detailed Comparison

MetricProspect Park SouthRed Hook
Median Sale Price$680,000$1,120,075
Median Condo Price$628,220N/A
Median Co-op PriceN/A$177,249
Median Rent$3,300$4,399.5
Active Listings2215
Rental Inventory6322
Days on Market119.51303
Price Cut Share9.1%10.0%
Monthly Sales Volume21
YoY Price Change0.0%0.0%
YoY Rent Change+18.1%+32.3%
YoY Inventory Change-4.3%-21.1%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Both Prospect Park South 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

Prospect Park South

Prospect Park South is a designated New York City historic district featuring over 200 architect-designed homes in Queen Anne, Tudor Revival, Colonial Revival, and Italianate styles, many with spacious front yards and original period details. The B and Q trains stop at Parkside Avenue and Prospect Park stations, placing Downtown Brooklyn and Manhattan within easy reach. The neighborhood borders Prospect Park's southern edge, providing direct access to 526 acres of green space including the Parade Ground's athletic fields.

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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

Prospect Park South

No subway data available

Red Hook

No subway data available

Active Listings

Prospect Park South for sale

View all Prospect Park South 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 Prospect Park South cheaper than Red Hook?
Yes, Prospect Park South has a lower median sale price at $680,000 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, Prospect Park South or Red Hook?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Prospect Park South or Red Hook?
This depends on what type of home fits your household. Prospect Park South 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 Prospect Park South 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 Prospect Park South 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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