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25+ years experience · 1,000+ transactions · 5-star reviews
NYC Neighborhood Comparison
Side-by-side market data, transit, and neighborhood profiles to help you decide.
Manhattan
Brooklyn
For buyers focused on affordability, Central Park South has the lower median sale price at $1.1M vs $1.1M in Red Hook.
Investors analyzing rental yield will find Central Park South offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in Central Park South, which is served by 15 subway lines compared to 0 in Red Hook.
| Metric | Central Park South | Red Hook |
|---|---|---|
| Median Sale Price | $1,072,500 | $1,120,075 |
| Median Condo Price | N/A | N/A |
| Median Co-op Price | $1,900,000 | $177,249 |
| Median Rent | $12,000 | $4,399.5 |
| Active Listings | 74 | 15 |
| Rental Inventory | 50 | 22 |
| Days on Market | 80.5 | 1303 |
| Price Cut Share | 17.6% | 10.0% |
| Monthly Sales Volume | 2 | 1 |
| YoY Price Change | -57.9% | 0.0% |
| YoY Rent Change | +50.1% | +32.3% |
| YoY Inventory Change | +12.1% | -21.1% |
| Subway Lines | 1 4 5 6 A B C D E F M N Q R W | N/A |
Prices in Central Park South moved -57.9% over the past year, compared to 0.0% in Red Hook. Both markets have seen price softening, with Central Park South declining more sharply over the measured period.
Central Park South is one of the most recognized and sought-after residential stretches in the world. Often associated with 'Billionaires' Row,' the neighborhood offers unparalleled, unobstructed views of Central Park. The real estate market is a mix of legendary pre-war cooperatives, historic hotels-turned-residences, and soaring ultra-luxury glass towers that provide the pinnacle of New York City living and white-glove service.
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 Report57 St (F N Q R W) — 0.1 mi
59 St-Columbus Circle (1 A B C D) — 0.3 mi
5 Av/53 St (E M) — 0.4 mi
66 St-Lincoln Center (1) — 0.6 mi
59 St (4 5 6) — 0.7 mi
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.
