NYC Neighborhood Comparison
Manhattan
Brooklyn
For buyers focused on affordability, Park Slope has the lower median sale price at $1.2M vs $2.0M in Nolita.
Investors analyzing rental yield will find Park Slope offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in Nolita, which is served by 13 subway lines compared to 0 in Park Slope.
| Metric | Nolita | Park Slope |
|---|---|---|
| Median Sale Price | $1,999,999 | $1,195,000 |
| Median Condo Price | N/A | $1,240,000 |
| Median Co-op Price | N/A | $950,000 |
| Median Rent | $5,500 | $4,700 |
| Active Listings | 17 | 149 |
| Rental Inventory | 160 | 377 |
| Days on Market | 162 | 74 |
| Price Cut Share | 11.8% | 3.4% |
| Monthly Sales Volume | 1 | 28 |
| YoY Price Change | N/A | -14.6% |
| YoY Rent Change | +5.9% | +10.6% |
| YoY Inventory Change | +41.7% | -12.9% |
| Subway Lines | 1 6 A B C D E J N Q R W Z | N/A |
Nolita (North of Little Italy) is a stylish and intimate neighborhood known for its narrow streets, boutique shopping, and cozy cafes. It offers a village-like atmosphere that feels worlds away from the surrounding bustle. The real estate market is characterized by historic low-rise walk-up buildings and a select few modern boutique condominiums that offer a high level of design and luxury in one of Manhattan's most fashionable and walkable districts.
View Full Market ReportPark Slope is a well-known Brooklyn neighborhood, recognized for its tree-lined streets and preserved brownstones. Bordering the western edge of Prospect Park, the neighborhood offers convenient access to green space. The real estate market features a mix of historic townhouses, cooperatives, and modern condominiums, within walking distance of the park.
View Full Market ReportSpring St (6 C E) — 0.0 mi
Prince St (N R W) — 0.1 mi
Bowery (J Z) — 0.2 mi
Grand St (B D) — 0.3 mi
Canal St (1 6 A C E J N Q R W Z) — 0.3 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. Nolita and Park Slope both tracked this broader NYC arc, with annual closing volume contracting sharply in 2009 and again in Q2 2020 before normalizing.
Nolita tracked the more resilient Manhattan price path with a 10% to 15% peak-to-trough decline, while Park Slope 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) | Nolita | Park Slope |
|---|---|---|
| Median Sale Price | $1,999,999 | $1,195,000 |
| Median Rent | $5,500/mo | $4,700/mo |
| Year-over-Year Price Change | N/A | -14.6% |
| Average Days on Market | 162 days | 74 days |
| Distance to Nearest Subway | 0.05 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.
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Data updated:
