Milton Coste

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NYC Neighborhood Comparison

Roosevelt Island vs South Richmond Hill

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

Manhattan|Queens

Roosevelt Island

Manhattan

South Richmond Hill

Queens

How They Compare

For buyers focused on affordability, South Richmond Hill has the lower median sale price at $770K vs $965K in Roosevelt Island.

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

Median Sale Price
$965K
$770K
Median Rent
$4K
$2K
Active Listings
23
19
Avg Days on Market
42 days
0 days
YoY Price Change
0.0%
+12.0%
Monthly Sales Volume
6
6

Detailed Comparison

MetricRoosevelt IslandSouth Richmond Hill
Median Sale Price$965,000$770,000
Median Condo PriceN/AN/A
Median Co-op Price$516,984N/A
Median Rent$4,436$1,970
Active Listings2319
Rental Inventory653
Days on Market420
Price Cut Share8.0%21.1%
Monthly Sales Volume66
YoY Price Change0.0%+12.0%
YoY Rent Change+0.8%0.0%
YoY Inventory Change-37.8%+171.4%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Roosevelt Island moved 0.0% over the past year, compared to +12.0% in South Richmond Hill. The +12.0% gain in South Richmond Hill reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

Roosevelt Island

Roosevelt Island is a unique and low-traffic residential community situated in the East River between Manhattan and Queens. Known for its car-free streets, abundant green space, and stunning skyline views, it offers a retreat from the city's bustle. The real estate market is primarily composed of modern high-rise cooperatives and condominiums that provide a high quality of life with easy access to Manhattan via the iconic tram or the F train.

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South Richmond Hill

South Richmond Hill is a residential Queens neighborhood of attached and semi-attached two-story frame and brick homes on narrow lots with small yards. The A train at Lefferts Boulevard and the J train at 111th Street provide subway access. Liberty Avenue is the main commercial corridor, and the neighborhood is known for its concentration of Indo-Caribbean specialty shops and restaurants.

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Transit Access

Roosevelt Island

No subway data available

South Richmond Hill

No subway data available

Active Listings

Roosevelt Island for sale

View all Roosevelt Island listings

South Richmond Hill for sale

View all South Richmond Hill 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 is refreshed every 15 minutes per REBNY IDX requirements.

Roosevelt Island vs South Richmond Hill: Home Price Resilience 2008-2020

From the 2008 financial crisis through the 2020 pandemic, the NYC metro Case-Shiller composite fell about 25% peak-to-trough between 2007 and 2012, then fully recovered by 2017 and gained another 15% through Q1 2020. Roosevelt Island and South Richmond Hill both tracked this broader NYC arc, with annual closing volume contracting sharply in 2009 and again in Q2 2020 before normalizing.

Roosevelt Island tracked the more resilient Manhattan price path with a 10% to 15% peak-to-trough decline, while South Richmond Hill moved closer to the broader NYC metro pattern of a 20% to 25% retracement before recovering through 2017.

Source: Per Case-Shiller Home Price Index, NYC metro subset, 2008-2020, cross-referenced with StreetEasy historical price data series.

Metric (2026)Roosevelt IslandSouth Richmond Hill
Median Sale Price$965,000$770,000
Median Rent$4,436/mo$1,970/mo
Year-over-Year Price Change0.0%+12.0%
Average Days on Market42 days0 days
Distance to Nearest SubwayN/AN/A

Table values reflect current 2026 market conditions. Historical 2008-2020 commentary is sourced from Case-Shiller NYC metro composite and StreetEasy historical series.

Frequently Asked Questions

Is Roosevelt Island cheaper than South Richmond Hill?
South Richmond Hill is more affordable, with a median sale price of $770,000 vs $965,000 in Roosevelt Island. Pricing can vary widely by building, floor, and unit condition, so review current listings for accurate comparisons.
Which has better transit, Roosevelt Island or South Richmond Hill?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Roosevelt Island or South Richmond Hill?
This depends on what type of home fits your household. Roosevelt Island and South Richmond Hill 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 Roosevelt Island or South Richmond Hill?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Roosevelt Island and South Richmond Hill 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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