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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
Queens
For buyers focused on affordability, Flatlands has the lower median sale price at $425K vs $775K in Richmond Hill.
Investors analyzing rental yield will find Flatlands offers a stronger rent-to-price ratio based on current market data.
| Metric | Flatlands | Richmond Hill |
|---|---|---|
| Median Sale Price | $425,000 | $775,000 |
| Median Condo Price | N/A | N/A |
| Median Co-op Price | N/A | N/A |
| Median Rent | $2,250 | $2,250 |
| Active Listings | 41 | 12 |
| Rental Inventory | 8 | 11 |
| Days on Market | 0 | 0 |
| Price Cut Share | 14.6% | 22.2% |
| Monthly Sales Volume | 6 | 6 |
| YoY Price Change | -38.3% | -6.1% |
| YoY Rent Change | -2.2% | -18.9% |
| YoY Inventory Change | +46.4% | -20.0% |
| Subway Lines | N/A | N/A |
Prices in Flatlands moved -38.3% over the past year, compared to -6.1% in Richmond Hill. Both markets have seen price softening, with Flatlands declining more sharply over the measured period.
Flatlands is a southeastern Brooklyn neighborhood of single-family detached homes, two-family brick houses, and low-rise apartment buildings on a flat grid of residential streets. The B/Q trains at the Kings Highway and Avenue U stations serve the western portion, and local buses provide additional connections. Floyd Bennett Field, the city's first municipal airport and now a national recreation area, borders the southern edge.
View Full Market ReportRichmond Hill features a mix of high-rise residential buildings and mixed-use retail structures. The area is served by major subway lines and complemented by ample local parks. Established community landmarks anchor the geography, offering varied housing types throughout the region.
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.