Market Overview for Quarter 1, 2026
Median price/sqft
-28.3% YoY
Sales volume
8.3% YoY
Transactions
16.6% YoY
Total sqft
146.8% YoY
In total, 316 multifamily deals closed, for a gain of 16.6% compared to the same period last year. The median price per square foot in Quarter 1, 2026 was $394, a change of -28.3% Y-o-Y.
Brooklyn multifamily real estate price per square foot in Quarter 1, 2026 was $394, down by 28.3% Y-o-Y.
Brooklyn multifamily real estate transactions in Quarter 1, 2026 was 316, up by 16.6% Y-o-Y.
Brooklyn multifamily real estate sales volume in Quarter 1, 2026 was $918.4M, up by 8.3% Y-o-Y.
Brooklyn multifamily real estate total square feet in Quarter 1, 2026 was 4M, up by 146.8% Y-o-Y.
Recent Significant Sales
| Property Address | Submarket | Sale Date | Price | Square Feet | Price/Sqft | Package Deal |
|---|
Top Boroughs in New York City
Brooklyn median price per sqft compared with other boroughs in New York City
| Submarket | Borough | Median sale price/sqft | Transactions | Sales volume | Total sqft |
|---|
Discover market trends in other boroughs in New York City
Fair use and redistribution
We encourage and freely grant you permission to reuse and repost the information, charts and images found in this report. When doing so, we only ask that you link back to this page, or PropertyShark.com.
Disclaimer
PropertyShark.com provides commercial market trend information (Data) on an "as is" basis for the user's personal use. Data comes from publicly available sources which can be out of date. PropertyShark.com provides no warranties regarding title, merchantability, or fitness for a particular purpose. While reasonable efforts are made toward maintaining a high standard of quality of information, PropertyShark.com does not warrant the accuracy, completeness, timeliness or other characteristics of the Data.