NYC Neighborhood Comparison
Queens
Manhattan
For buyers focused on affordability, Bellerose has the lower median sale price at $869K vs $990K in Financial District.
Investors analyzing rental yield will find Financial District offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in Financial District, which is served by 9 subway lines compared to 0 in Bellerose.
| Metric | Bellerose | Financial District |
|---|---|---|
| Median Sale Price | $869,000 | $990,000 |
| Median Condo Price | N/A | $990,000 |
| Median Co-op Price | $270,000 | $827,500 |
| Median Rent | $3,600 | $5,000 |
| Active Listings | 22 | 347 |
| Rental Inventory | 4 | 793 |
| Days on Market | 137 | 143 |
| Price Cut Share | 9.1% | 9.2% |
| Monthly Sales Volume | 9 | 17 |
| YoY Price Change | +12.1% | +2.1% |
| YoY Rent Change | +20.0% | +3.1% |
| YoY Inventory Change | +46.7% | -8.7% |
| Subway Lines | N/A | 1 2 3 4 5 J R W Z |
Prices in Bellerose moved +12.1% over the past year, compared to +2.1% in Financial District. The +12.1% gain in Bellerose reflects stronger buyer demand relative to available inventory in that market.
Bellerose is a low-density residential neighborhood at the eastern edge of Queens along the Nassau County border, characterized by detached single-family homes in Tudor Revival, Colonial, and Cape Cod styles with slate roofs and decorative brickwork. The Long Island Rail Road station on the Hempstead Branch provides direct commuter access to Penn Station. Alley Pond Park, covering 635 acres, offers a nature center and adventure course nearby.
View Full Market ReportThe Financial District occupies the southern tip of Manhattan, where landmark office towers have been converted into spacious residential lofts alongside new luxury high-rise condominiums with river and harbor views. The Oculus and Fulton Center transit hubs connect over a dozen subway lines, including the 2, 3, 4, 5, A, C, J, and Z trains, making it one of the best-connected neighborhoods in the city. Battery Park, Bowling Green, and the 9/11 Memorial provide open green space and waterfront access at the foot of the skyline.
View Full Market ReportNo subway data available
Wall St (2 3 4 5) — 0.0 mi
Broad St (J Z) — 0.1 mi
Rector St (1 R W) — 0.1 mi
Cortlandt St (R W) — 0.2 mi
Bowling Green (4 5) — 0.2 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 is refreshed every 15 minutes per REBNY IDX requirements.
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. Bellerose and Financial District both tracked this broader NYC arc, with annual closing volume contracting sharply in 2009 and again in Q2 2020 before normalizing.
Financial District tracked the more resilient Manhattan price path with a 10% to 15% peak-to-trough decline, while Bellerose 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) | Bellerose | Financial District |
|---|---|---|
| Median Sale Price | $869,000 | $990,000 |
| Median Rent | $3,600/mo | $5,000/mo |
| Year-over-Year Price Change | +12.1% | +2.1% |
| Average Days on Market | 137 days | 143 days |
| Distance to Nearest Subway | N/A | 0.03 mi |
Table values reflect current 2026 market conditions. Historical 2008-2020 commentary is sourced from Case-Shiller NYC metro composite and StreetEasy historical series.
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Data updated:
