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25+ years experience · 1,000+ transactions · 5-star reviews
Brooklyn
Brooklyn
For buyers focused on affordability, Brooklyn has the lower median sale price at $995K vs $1.1M in Red Hook.
Investors analyzing rental yield will find Red Hook offers a stronger rent-to-price ratio based on current market data.
| Metric | Brooklyn | Red Hook |
|---|---|---|
| Median Sale Price | $995,000 | $1,120,075 |
| Median Condo Price | $1,152,500 | N/A |
| Median Co-op Price | $427,500 | $177,249 |
| Median Rent | $3,750 | $4,399.5 |
| Active Listings | 3872 | 15 |
| Rental Inventory | 10939 | 22 |
| Days on Market | 55 | 1303 |
| Price Cut Share | 9.7% | 10.0% |
| Monthly Sales Volume | 612 | 1 |
| YoY Price Change | 0.0% | 0.0% |
| YoY Rent Change | +7.1% | +32.3% |
| YoY Inventory Change | +8.2% | -21.1% |
| Subway Lines | N/A | N/A |
Both Brooklyn 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.
Brooklyn showcases a mix of historic brownstones, pre-war apartment buildings, and modern high-rises. The neighborhood is crisscrossed by multiple subway lines, offering direct access to major transit hubs. Residents can enjoy proximity to expansive green spaces, including notable local parks and cultural landmarks.
View Full Market ReportRed 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.
View Full Market ReportNo subway data available
No subway data available
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.
