Marine Park

The median sale price in Marine Park is $938K. Sale prices are up 13.8% year over year.

Yes. The median sale price in Marine Park sits within a few percent of the 5-year high. Pricing is firm and listings priced near the comparable median tend to clear with limited room for negotiation.

Sale listings in Marine Park have a median of 43 days on market. That is 43 days faster than the same point a year ago. Roughly 15.2% of active listings have recorded a price cut, suggesting some negotiating room.

Marine Park is broadly balanced right now, with median days on market at 43 days and 15.2% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.

Roughly 12 homes change hands each month in Marine Park across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.

The overall median asking rent in Marine Park is $2,925/month. Rents are up 33.0% year over year.

Median asking rent in Marine Park is currently $400 below the 5-year high set in October 2024. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.

Median asking rent in Marine Park has risen 58.1% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.

Within walking or short-transit distance of Marine Park, median sale prices range across Mill Basin at $1.3M, Bergen Beach at $825K, Gerritsen Beach at $560K, Flatlands at $425K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.

Marine Park is served by the Bus service. The commute to Midtown Manhattan runs roughly 159 minutes from Nearest bus stop.

Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Marine Park, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: [email protected].