Brooklyn
Queens
| Metric | Bay Ridge | Ridgewood |
|---|---|---|
| Median Sale Price | $580,000 | $1,325,000 |
| Median Condo Price | $253,500 | N/A |
| Median Co-op Price | $360,000 | N/A |
| Median Rent | $2,500 | $3,250 |
| Active Listings | 197 | 45 |
| Rental Inventory | 179 | 309 |
| Days on Market | 103.5 | 86.5 |
| Price Cut Share | 11.7% | 8.9% |
| Monthly Sales Volume | 23 | 6 |
| YoY Price Change | +4.2% | +43.2% |
| YoY Rent Change | +6.4% | +1.6% |
| YoY Inventory Change | +10.1% | +95.7% |
| 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 ReportRidgewood features orderly blocks of brick and limestone rowhouses, prewar tenements with decorative cornices, and multi-family buildings constructed between 1905 and 1925, making it one of Queens' most architecturally consistent neighborhoods. The M train runs through the heart of the area with stops at Seneca Avenue, Forest Avenue, and Fresh Pond Road, while the L train connects at Myrtle-Wyckoff Avenues. Highland Park and Ridgewood Reservoir border the neighborhood to the south, and the Vander Ende-Onderdonk House, an 18th-century landmark, marks the historic Queens-Brooklyn boundary.
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