Brooklyn
Manhattan
For buyers focused on affordability, Canarsie has the lower median sale price at $718K vs $3.8M in Soho.
Investors analyzing rental yield will find Canarsie offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in Soho, which is served by 11 subway lines compared to 0 in Canarsie.
| Metric | Canarsie | Soho |
|---|---|---|
| Median Sale Price | $717,500 | $3,805,000 |
| Median Condo Price | $24,000 | $3,049,999.5 |
| Median Co-op Price | N/A | $3,675,000 |
| Median Rent | $2,900 | $8,495 |
| Active Listings | 82 | 145 |
| Rental Inventory | 34 | 147 |
| Days on Market | 55 | 72 |
| Price Cut Share | 9.8% | 12.4% |
| Monthly Sales Volume | 18 | 12 |
| YoY Price Change | -7.3% | +25.5% |
| YoY Rent Change | +8.4% | +14.0% |
| YoY Inventory Change | +5.1% | +0.7% |
| Subway Lines | N/A | 1 6 A C E J N Q R W Z |
Prices in Canarsie moved -7.3% over the past year, compared to +25.5% in Soho. Soho is seeing price appreciation while Canarsie has softened, pointing to different supply-demand dynamics in each market.
Canarsie is a residential Brooklyn neighborhood where the L train terminates at Rockaway Parkway, connecting residents to Williamsburg and Manhattan's 14th Street corridor. The housing stock spans single-family detached homes, mid-century split-levels, brick rowhouses, and low-rise condominiums on tree-lined streets. The 132-acre Canarsie Park and Canarsie Pier on Jamaica Bay provide extensive waterfront recreation, sports fields, and fishing access along the neighborhood's southern edge.
View Full Market ReportSoHo contains the world's largest concentration of cast-iron architecture, with approximately 250 landmarked buildings within the SoHo-Cast Iron Historic District. The housing stock centers on spacious loft conversions with high ceilings and oversized windows, alongside luxury condominiums and pre-war walk-ups, served by the C, E, N, Q, R, W, 1, 4, and 6 trains. The cobblestone streets and commercial corridors along Broadway, West Broadway, and Prince Street define one of Manhattan's most architecturally distinctive neighborhoods.
View Full Market ReportNo subway data available
Canal St (1 6 A C E J N Q R W Z) — 0.1 mi
Spring St (6 C E) — 0.2 mi
Prince St (N R W) — 0.3 mi
Franklin St (1) — 0.3 mi
Bowery (J Z) — 0.5 mi
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.
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