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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.
Brooklyn
Brooklyn
For buyers focused on affordability, East New York has the lower median sale price at $722K vs $1.1M in Red Hook.
Investors analyzing rental yield will find East New York offers a stronger rent-to-price ratio based on current market data.
| Metric | East New York | Red Hook |
|---|---|---|
| Median Sale Price | $721,500 | $1,120,075 |
| Median Condo Price | $263,940 | N/A |
| Median Co-op Price | N/A | $177,249 |
| Median Rent | $3,000 | $4,399.5 |
| Active Listings | 82 | 15 |
| Rental Inventory | 129 | 22 |
| Days on Market | 64 | 1303 |
| Price Cut Share | 9.8% | 10.0% |
| Monthly Sales Volume | 20 | 1 |
| YoY Price Change | -2.8% | 0.0% |
| YoY Rent Change | +7.1% | +32.3% |
| YoY Inventory Change | -7.9% | -21.1% |
| Subway Lines | N/A | N/A |
Prices in East New York moved -2.8% over the past year, compared to 0.0% in Red Hook. Both markets have seen price softening, with East New York declining more sharply over the measured period.
East New York offers a wide range of housing types including semi-detached homes, two-to-four-family houses, brick rowhouses, and new affordable construction developments along major corridors like Atlantic and Pennsylvania Avenues. The neighborhood has strong transit coverage with the 2, 3, 4, and 5 trains on the New Lots Line and the L train along the Canarsie Line, plus the major transfer hub at Broadway Junction. Shirley Chisholm State Park on Jamaica Bay and Spring Creek Park provide waterfront green space along the neighborhood's southern edge.
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.
