Brooklyn
Queens
| Metric | Gowanus | Elmhurst |
|---|---|---|
| Median Sale Price | $1,045,000 | $425,000 |
| Median Condo Price | $775,000 | $555,000 |
| Median Co-op Price | N/A | $335,000 |
| Median Rent | $4,615 | $2,625 |
| Active Listings | 24 | 83 |
| Rental Inventory | 326 | 108 |
| Days on Market | 43 | 142.5 |
| Price Cut Share | 16.7% | 9.6% |
| Monthly Sales Volume | 1 | 15 |
| YoY Price Change | +51.6% | -1.7% |
| YoY Rent Change | +15.4% | +19.3% |
| YoY Inventory Change | -25.0% | +36.1% |
| Subway Lines | N/A | N/A |
Gowanus features a striking mix of 19th-century brick warehouses, Greek Revival rowhouses, and new glass-and-steel condominiums rising along the canal waterfront. The F, G, R, D, and N/W trains are accessible at nearby Smith-Ninth Streets and Fourth Avenue-Ninth Street stations, with Atlantic Terminal a short walk north. Washington Park and the Old Stone House landmark anchor the neighborhood's green space, while a major rezoning is bringing thousands of new residential units and waterfront parkland to the area.
View Full Market ReportElmhurst is a dynamic and bustling neighborhood in the heart of Queens. Known for its incredible culinary scene and bustling commercial corridors, the area offers a high-energy urban lifestyle. The real estate market is characterized by a wide range of housing options, from spacious pre-war cooperatives and traditional multi-family houses to sleek new construction condominiums that provide excellent value and a quick commute to Manhattan and Long Island City.
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