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25+ years experience · 1,000+ transactions · 5-star reviews
Brooklyn
Queens
For buyers focused on affordability, Rego Park has the lower median sale price at $365K vs $1.0M in Gowanus.
Investors analyzing rental yield will find Rego Park offers a stronger rent-to-price ratio based on current market data.
| Metric | Gowanus | Rego Park |
|---|---|---|
| Median Sale Price | $1,045,000 | $365,000 |
| Median Condo Price | $775,000 | $479,755 |
| Median Co-op Price | N/A | $355,000 |
| Median Rent | $4,850 | $3,150 |
| Active Listings | 19 | 146 |
| Rental Inventory | 295 | 167 |
| Days on Market | 43 | 64 |
| Price Cut Share | 15.8% | 10.3% |
| Monthly Sales Volume | 1 | 23 |
| YoY Price Change | +51.6% | -4.1% |
| YoY Rent Change | +7.8% | +14.5% |
| YoY Inventory Change | -38.7% | +20.7% |
| Subway Lines | N/A | N/A |
Prices in Gowanus moved +51.6% over the past year, compared to -4.1% in Rego Park. Gowanus is seeing price appreciation while Rego Park has softened, pointing to different supply-demand dynamics in each market.
Gowanus features a striking mix of 19th-century brick warehouses, Greek Revival rowhouses, and new glass-and-steel condominiums rising along the canal waterfront. The F, G, R, D, and N/W trains are accessible at nearby Smith-Ninth Streets and Fourth Avenue-Ninth Street stations, with Atlantic Terminal a short walk north. Washington Park and the Old Stone House landmark anchor the neighborhood's green space, while a major rezoning is bringing thousands of new residential units and waterfront parkland to the area.
View Full Market ReportRego Park is a highly convenient and residential Queens neighborhood known for its exceptional shopping and varied housing options. Home to major retail centers like Rego Center, the area offers a practical and comfortable urban lifestyle. The real estate market is characterized by a mix of spacious pre-war cooperatives, traditional multi-family houses, and modern high-rise condominiums that provide excellent value and a quick commute to Manhattan.
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.