In 2021, there was a total of 315 multifamily transactions in Brooklyn, representing 4,899 units for a total consideration of $1.53M. In 2020, there was a total of 184 transactions totaling approximately $1.1B.
The North-Central Brooklyn region had the highest number of multifamily transactions with 95 transactions.
550 East 21st Street, 850 East 17th Street, 855 East 19th Street, 3111 Aurelia CourtMidwood
Brooklyn 2021 Market Report Multifamily
2021 Avg Sale Price: $4.85M
Average Sale Price by Region
- Central Brooklyn $3.6M
- East Brooklyn $8.4M
- Greater Downtown Brooklyn $9.1M
- North Brooklyn $6.3M
- North-Central Brooklyn $3.3M
- South Brooklyn $2.2M
- West Brooklyn $3M
Eighth Avenue Portfolio Case Study
Our multifamily team were the sole brokers in the sale $37,00,000 of a 47-unit portfolio on Eighth Avenue in Park Slope.
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