Schedule with Milton
Licensed Real Estate Associate Broker
Regarding Property
You're Confirmed!
Milton will reach out within 24 hours to finalize your appointment.
25+ years experience · 1,000+ transactions · 5-star reviews
NYC Neighborhood Comparison
Brooklyn
Bronx
For buyers focused on affordability, Port Morris has the lower median sale price at $549K vs $1.7M in DUMBO.
Investors analyzing rental yield will find Port Morris offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in DUMBO, which is served by 6 subway lines compared to 0 in Port Morris.
| Metric | DUMBO | Port Morris |
|---|---|---|
| Median Sale Price | $1,687,500 | $548,634 |
| Median Condo Price | $1,687,500 | $600,000 |
| Median Co-op Price | $2,200,000 | $375,000 |
| Median Rent | $5,750 | $2,600 |
| Active Listings | 110 | 1 |
| Rental Inventory | 178 | 1 |
| Days on Market | 56 | 53 |
| Price Cut Share | 20.9% | 100.0% |
| Monthly Sales Volume | 11 | 1 |
| YoY Price Change | -6.0% | -12.2% |
| YoY Rent Change | -5.0% | -36.6% |
| YoY Inventory Change | -2.7% | 0.0% |
| Subway Lines | 2 3 A C F R | N/A |
Prices in DUMBO moved -6.0% over the past year, compared to -12.2% in Port Morris. Both markets have seen price softening, with Port Morris declining more sharply over the measured period.
DUMBO (Down Under the Manhattan Bridge Overpass) sits between the Brooklyn and Manhattan Bridges along the East River waterfront, with a 95-building historic district of converted industrial warehouses. The housing market features spacious loft residences with exposed brick and high ceilings alongside modern luxury condominiums with skyline and waterfront views, served by the F train at York Street and the A and C at High Street. Brooklyn Bridge Park stretches along the waterfront with piers, playgrounds, and Jane's Carousel.
View Full Market ReportPort Morris features established architecture combining traditional multi-unit buildings with historic cooperatives. The area is served by regional rail lines offering transit access, while local parks provide immediate green space. These fixed residential structures anchor the borough's property landscape in NYC.
View Full Market ReportYork St (F) — 0.2 mi
High St (A C) — 0.3 mi
Clark St (2 3) — 0.5 mi
Court St (R) — 0.7 mi
East Broadway (F) — 0.7 mi
No subway data available
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. DUMBO and Port Morris both tracked this broader NYC arc, with annual closing volume contracting sharply in 2009 and again in Q2 2020 before normalizing.
Outer-borough submarkets including DUMBO and Port Morris generally tracked the broader NYC metro pattern of a 20% to 25% peak-to-trough decline before fully recovering by 2017 and posting further gains through early 2020.
Source: Per Case-Shiller Home Price Index, NYC metro subset, 2008-2020, cross-referenced with StreetEasy historical price data series.
| Metric (2026) | DUMBO | Port Morris |
|---|---|---|
| Median Sale Price | $1,687,500 | $548,634 |
| Median Rent | $5,750/mo | $2,600/mo |
| Year-over-Year Price Change | -6.0% | -12.2% |
| Average Days on Market | 56 days | 53 days |
| Distance to Nearest Subway | 0.16 mi | N/A |
Table values reflect current 2026 market conditions. Historical 2008-2020 commentary is sourced from Case-Shiller NYC metro composite and StreetEasy historical series.
With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.
Data updated:
