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25+ years experience · 1,000+ transactions · 5-star reviews
Brooklyn
Manhattan
For buyers focused on affordability, Flatlands has the lower median sale price at $425K vs $3.8M in Soho.
Investors analyzing rental yield will find Flatlands 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 Flatlands.
| Metric | Flatlands | Soho |
|---|---|---|
| Median Sale Price | $425,000 | $3,805,000 |
| Median Condo Price | N/A | $3,049,999.5 |
| Median Co-op Price | N/A | $3,675,000 |
| Median Rent | $2,250 | $8,495 |
| Active Listings | 41 | 145 |
| Rental Inventory | 8 | 147 |
| Days on Market | 0 | 72 |
| Price Cut Share | 14.6% | 12.4% |
| Monthly Sales Volume | 6 | 12 |
| YoY Price Change | -38.3% | +25.5% |
| YoY Rent Change | -2.2% | +14.0% |
| YoY Inventory Change | +46.4% | +0.7% |
| Subway Lines | N/A | 1 6 A C E J N Q R W Z |
Prices in Flatlands moved -38.3% over the past year, compared to +25.5% in Soho. Soho is seeing price appreciation while Flatlands has softened, pointing to different supply-demand dynamics in each market.
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 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.
With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.
