Brooklyn Heights Real Estate Market Trends

Market Overview for Quarter 4, 2020


Median Sale Price

$999K

29% YoY


Median Price/Sqft

$1,203

-4% YoY


No. of Transactions

60

30% YoY

Brooklyn Median Sale Price

$777K

14% YoY

As of Quarter 4, the median home sale price in Brooklyn Heights was $999K, up 29% year-over-year. A total of 60 properties traded, representing a 30% year-over-year increase. The median price per square foot in Quarter 4 was $1,203, a -4% YoY change. The median home sale price in Brooklyn was $777K.

Brooklyn Heights Neighborhood Map

Buyers searching for beautiful homes, tree-lined streets, panoramic views of the Manhattan skyline, and housing options ranging from row houses to 19th-century mansions flock to Brooklyn Heights. It's widely considered to be one of the most elegant neighborhoods in Brooklyn.

Brooklyn Heights Median Sale Price

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Median Sale Price Per Square Feet

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Real Estate Transactions in Brooklyn Heights

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Top most expensive neighborhoods in Brooklyn

Brooklyn Heights median price compared with other neighborhoods in Brooklyn

Brooklyn Heights property values are on the higher-end for neighborhoods in Brooklyn .




Brooklyn Heights median price compared with all the neighborhoods in Brooklyn

Neighborhood Borough Median Sale Price
Fiske Terrace Brooklyn $2,295,000
DUMBO Brooklyn $1,485,000
Manhattan Beach Brooklyn $1,475,000
Vinegar Hill Brooklyn $1,470,000
Carroll Gardens Brooklyn $1,373,000
Boerum Hill Brooklyn $1,345,356
Columbia Street Waterfront District Brooklyn $1,217,500
Mill Basin Brooklyn $1,170,000
Red Hook Brooklyn $1,102,065
Park Slope Brooklyn $1,100,000
Greenwood Heights Brooklyn $1,047,500
Brooklyn Heights Brooklyn $999,000
Williamsburg Brooklyn $985,000
Greenpoint Brooklyn $970,000
Cobble Hill Brooklyn $939,000
Dyker Heights Brooklyn $899,500
Bedford-Stuyvesant Brooklyn $890,000
Borough Park Brooklyn $882,500
Prospect Heights Brooklyn $860,750
Clinton Hill Brooklyn $835,000
Fort Greene Brooklyn $798,755
Windsor Terrace Brooklyn $780,000
Ocean Hill Brooklyn $772,500
Bergen Beach Brooklyn $765,000
Bushwick Brooklyn $765,000
Madison Brooklyn $760,000
Prospect Park South Brooklyn $760,000
Gowanus Brooklyn $751,798
Ditmas Park Brooklyn $710,000
Downtown Brooklyn Brooklyn $705,000
Marine Park Brooklyn $700,000
Crown Heights Brooklyn $700,000
Sea Gate Brooklyn $681,209
Prospect - Lefferts Gardens Brooklyn $677,750
Bensonhurst Brooklyn $665,999
Midwood Brooklyn $655,000
Gravesend Brooklyn $617,499
Flatbush Brooklyn $614,500
Georgetown Brooklyn $607,500
Old Mill Basin Brooklyn $600,000
Flatlands Brooklyn $572,500
East Flatbush Brooklyn $570,000
Gerritsen Beach Brooklyn $565,000
Wingate Brooklyn $561,699
East New York Brooklyn $537,500
Bay Ridge Brooklyn $527,199
Kensington Brooklyn $499,000
Canarsie Brooklyn $473,792
Sunset Park Brooklyn $470,000
Coney Island Brooklyn $462,500
Brownsville Brooklyn $440,000
Brighton Beach Brooklyn $440,000
Bath Beach Brooklyn $430,000
Homecrest Brooklyn $418,500
Sheepshead Bay Brooklyn $405,600

Residential Properties Sold in Brooklyn Heights

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos $2.5M -15% $1K -8% 6
Coops $780K 8% $1K 12% 52
Houses $14.7M 367% $1K -46% 2

The median house sale price in Brooklyn Heights in Quarter 4 was $14.7M, up 367% year-over-year. Conversely, median condo prices in Brooklyn Heights trended down 15% year-over-year to $2.5M. Median coop sale price in Brooklyn Heights were $780K, a change of 8% year-over-year.

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Brooklyn Heights Neighborhood Guide

If Brooklyn Heights radiates an old-timey feel it is not by happenstance - New York City's first historic district was declared here in 1965. Today the entire neighborhood is essentially a historic district. More than 600 pre-Civil War era homes are still here and Brooklyn Heights is studded with iconic New York brownstone townhouses. The leafy streets are quiet and inviting to newcomers who seek out the congenial confines, quick access to Manhattan and incomparable views from the elevated Brooklyn Heights Promenade. This is classic residential Brooklyn charm as it exists in the imaginations of visitors to the borough. The quiet living makes Brooklyn Heights the ideal neighborhood to return home to after work and relax in on weekends.

Architecture and landmarks

Thanks to the residents' passion for preservation Brooklyn Heights is a veritable architectural classroom with everything from Federal-style clapboard houses to heavy Victorian brownstones to neoclassical brick apartment buildings. Grace Church is a 170 year-old standard bearer for Gothic Revival styling in America. The massive granite General Post Office in Cadman Plaza on the border with Downtown Brooklyn is a testament to Brooklyn's importance as an independent city in the 1880s. The Alexander M. White and Abiel Abbot Low Houses on Pierrepont Place have been called "the most elegant pair of brownstones remaining in New York." The Hotel St. George, complete with saltwater pool, was New York's largest hotel in 1885 when the first guests checked in. Movie lovers like to pay homage to the "Moonstruck" House on Cranberry Street from Cher's 1987 romantic comedy. Frank Sinatra and legions of others considered Grimaldi's Pizzeria under the Brooklyn Bridge a cherished culinary landmark that dishes out the city's best pizza.

Transport

Number of stops to Lower Manhattan from the Court Street station (N and R trains), the High Street station (A and C trains) and the Clark Street station (2 and 3 trains) - one. Other lines that service Brooklyn Heights are the 4, 5 and F trains.

Schools

The Robert Fulton School, PS 8, is the only public elementary school in Brooklyn Heights but it is highly regarded. The neighborhood also offers private school options: Saint Ann's School for preschoolers through high school; AltSchool New York for pre-K-4th grade which is brand new; and the Packer Collegiate Institute for all ages, dating back to 1845.

Health

Mount Sinai Doctors Brooklyn Heights offers primary care and an expanding menu of specialty treatments. The medical professionals in the Urgent Care unit are on stand-by for non-life-threatening emergencies. NYU Langone Brooklyn Heights Medical offers access to world-class specialists for preventative, primary and urgent care for all ages.

Safety

The 84th Precinct patrols Brooklyn Heights. Crime data rank the neighborhood as one of the least safe in Brooklyn, with 22.7 reported crimes per 1,000 residents in 2015.

Things to do

The Brooklyn Historical Society began in 1863 and displays from its extensive collection on Pierrepont Street are open to the public (and free on Fridays). There is more history down at Brooklyn Bridge Park and the Fulton Ferry Landing in neighboring DUMBO, from where Robert Fulton launched the first commercially successful steamboat, paving the way for Brooklyn Heights to become Manhattan's first suburb. And if you have ever been amazed at how New York manages to move its millions of residents around every day, stop in at the New York Transit Museum in Downtown Brooklyn, two blocks outside the neighborhood boundary, to learn the full story.

Brooklyn Bridge Park on the East River waterfront is a relatively new ornament to the historic neighborhood. The first of six recreation piers opened in 2010 and there are now sports courts, playgrounds, dog runs, kayak launches and more. Appended to Cadman Plaza, contemplative Walt Whitman Park remembers Brooklyn's most famous poet.

Shopping along Montague Street brings together national retailers and quirky Brooklyn shopkeepers. Locally grown produce and plants have been on sale year-round for over 25 years at the Brooklyn Borough Hall Greenmarket on Tuesdays, Thursdays and Saturdays. Nightlife centers around drinks and familiar surroundings in the cozy neighborhood taprooms rather than boozy all-night bar crawls. Jockeying for benches on the Brooklyn Heights Promenade is spirited in order to enjoy the best Manhattan skyline and New York harbor views in the city. After soaking in the vistas of the Brooklyn Bridge, why not walk across? The pedestrian access in Brooklyn Heights is across Old Fulton Street.