Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Prospect Heights vs Red Hook

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

Brooklyn|Brooklyn

Prospect Heights

Brooklyn

Red Hook

Brooklyn

How They Compare

For buyers focused on affordability, Red Hook has the lower median sale price at $1.1M vs $1.7M in Prospect Heights.

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

Median Sale Price
$1.7M
$1.1M
Median Rent
$5K
$4K
Active Listings
44
15
Avg Days on Market
35 days
1303 days
YoY Price Change
+3.4%
0.0%
Monthly Sales Volume
6
1

Detailed Comparison

MetricProspect HeightsRed Hook
Median Sale Price$1,662,500$1,120,075
Median Condo Price$1,757,500N/A
Median Co-op Price$954,000$177,249
Median Rent$4,525$4,399.5
Active Listings4415
Rental Inventory13222
Days on Market351303
Price Cut Share2.3%10.0%
Monthly Sales Volume61
YoY Price Change+3.4%0.0%
YoY Rent Change+13.1%+32.3%
YoY Inventory Change-6.4%-21.1%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Prospect Heights moved +3.4% over the past year, compared to 0.0% in Red Hook. The +3.4% gain in Prospect Heights reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

Prospect Heights

Prospect Heights is a compact Brooklyn neighborhood anchored by the Brooklyn Public Library, Grand Army Plaza, Prospect Park, and the Brooklyn Museum. The real estate market features historic brownstones, pre-war cooperatives, and new developments like Pacific Park, with 2/3/B/Q/4 train service.

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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 Heights

No subway data available

Red Hook

No subway data available

Active Listings

Prospect Heights for sale

View all Prospect Heights 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 Heights cheaper than Red Hook?
Red Hook is more affordable, with a median sale price of $1,120,075 vs $1,662,500 in Prospect Heights. Pricing can vary widely by building, floor, and unit condition, so review current listings for accurate comparisons.
Which has better transit, Prospect Heights 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 Heights or Red Hook?
This depends on what type of home fits your household. Prospect Heights 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 Heights 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 Heights 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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