Brooklyn
Queens
| Metric | Bay Ridge | Rego Park |
|---|---|---|
| Median Sale Price | $580,000 | $377,208 |
| Median Condo Price | $253,500 | $479,755 |
| Median Co-op Price | $360,000 | $295,000 |
| Median Rent | $2,500 | $3,081 |
| Active Listings | 197 | 147 |
| Rental Inventory | 179 | 150 |
| Days on Market | 103.5 | 69 |
| Price Cut Share | 11.7% | 10.2% |
| Monthly Sales Volume | 23 | 21 |
| YoY Price Change | +4.2% | -0.7% |
| YoY Rent Change | +6.4% | +12.0% |
| YoY Inventory Change | +10.1% | +24.6% |
| Subway Lines | N/A | N/A |
Bay Ridge is a historic neighborhood in Southwest Brooklyn, known for its stunning views of the Verrazzano-Narrows Bridge and the New York Harbor. The area offers a vibrant lifestyle with the bustling commercial corridors of 3rd and 5th Avenues. The real estate market is a sophisticated blend of grand historic row houses, elegant pre-war cooperatives, and modern condominiums, all within a neighborhood famous for its parks and waterfront promenade.
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.
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