Where are the buildings Brooklyn buyers love most?
While property prices may be substantially lower compared to the most popular buildings in Manhattan, Brooklyn’s trendy rebirth has certainly driven a substantial amount of real estate activity in the last year.
Dive into Property Shark’s countdown of the most in-demand buildings in Brooklyn based on the number of units sold!
Units Sold: 21
Median Price: $310,000
While significantly less glamorous in design and amenities than The Donald’s glitzy SoHo apartments, Fred Trump’s 60’s construction is still in high demand. Just moments from Brighton Beach and trending NYC neighborhood Manhattan Beach, Trump Village offers location and affordability.
Units Sold: 22
Median Price: $678,000
Completed by a NJ developer who obtained the property in a short sale, this prime Bed-Stuy project was quickly snapped up by eager buyers.
Units Sold: 26
Median Price: $276,000
Credited with becoming “the next Williamsburg,” East New York may be NYC’s next hottest neighborhood. Yet, rather than banishing current residents with unaffordable prices, the Daily News credits MeadowWood with becoming a national model for home ownership.
Units Sold: 27
Median Price: $1,300,000
Dave Ratner of Warren Lewis Sotheby’s, and formerly of MNS, who handled the sales of One Brooklyn, describes this development as “Loft living redefined. The most amazing loft condo building in Brooklyn, with breathtaking views of the Manhattan skyline.”
6. Flagg Court, Bay Ridge
Units Sold: 29
Median Price: $258,000
Historic pre-war architecture, and one of the few NYC co-ops not requiring board approval.
Units Sold: 31
Median Price: $491,000
The new Bergen House is an eclectic batch of condos sporting bright red kitchens, with prices ranging up to around $1M.
Units Sold: 35
Median Price: $527,000
Operated by Time Equities, Clinton Hill Co-ops offers a pet-friendly, park like community, with up to 90% financing for Brooklyn buyers.
Units Sold: 35
Median Price: $527,500
Tied with Clinton Hill for number of units sold in 2015, Concord Village offers a dated yet well curated community for buyers of all ages. Amenities include children’s play activities, yoga, karate, youth soccer, seniors groups, a vegetable garden, and a group for entrepreneurs.
Units Sold: 44
Median Price: $799,000
With its prime spot on this list Brighton Beach’s Oceana is a firm reminder of just how popular this part of NYC is becoming with buyers. It is about as close as New Yorkers can hope to get to the Caribbean without being disconnected from Wall St.
Units Sold: 88
Median Price: $1,326,000
The premium price tag of units at 388 Bridge clearly did not hamper sales over the last 12 months, and it became the best-selling building in Brooklyn! As one of 3 places on this year’s list for Downtown Brooklyn, property prices here could soar even higher in the months ahead as the neighborhood heats up. 388 is Brooklyn’s tallest tower, offering spectacular Manhattan views, with both rentals and condos boasting design features rivaling the very best in NYC.