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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.
Queens
Brooklyn
For buyers focused on affordability, Red Hook has the lower median sale price at $1.1M vs $1.2M in Long Island City.
Investors analyzing rental yield will find Red Hook offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in Long Island City, which is served by 7 subway lines compared to 0 in Red Hook.
| Metric | Long Island City | Red Hook |
|---|---|---|
| Median Sale Price | $1,237,500 | $1,120,075 |
| Median Condo Price | $1,124,830 | N/A |
| Median Co-op Price | N/A | $177,249 |
| Median Rent | $4,500 | $4,399.5 |
| Active Listings | 252 | 15 |
| Rental Inventory | 942 | 22 |
| Days on Market | 104.5 | 1303 |
| Price Cut Share | 7.5% | 10.0% |
| Monthly Sales Volume | 8 | 1 |
| YoY Price Change | +38.6% | 0.0% |
| YoY Rent Change | +3.4% | +32.3% |
| YoY Inventory Change | +56.5% | -21.1% |
| Subway Lines | 7 E G M N R W | N/A |
Prices in Long Island City moved +38.6% over the past year, compared to 0.0% in Red Hook. The +38.6% gain in Long Island City reflects stronger buyer demand relative to available inventory in that market.
Long Island City sits directly across the East River from Midtown Manhattan, reachable in one stop on the 7 train. LIC has added more than 12,000 residential units since 2015, transforming former industrial blocks into a corridor of glass-tower condos, converted loft co-ops, and rental high-rises along the waterfront. Gantry Plaza State Park, MoMA PS1, and the Hunters Point Library anchor the neighborhood’s cultural identity. Median condo prices run roughly 30-40% below comparable Manhattan waterfront units, drawing both first-time buyers and investors looking for appreciation in one of the city’s highest-growth zip codes.
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 ReportHunters Point Av (7) — 0.2 mi
Court Sq (7 E G M) — 0.2 mi
Long Island City (E G M R) — 0.6 mi
Queensboro Plaza (7 N W) — 0.6 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.
