Market Overview for Quarter 3, 2021
Median Sale Price
25% YoY
Median Price/Sqft
39% YoY
No. of Transactions
76% YoY
Brooklyn Median Sale Price
16% YoY
What is the median sale price and median price per sq ft in Canarsie?
Canarsie Neighborhood Map
There are numerous subway stations and half a dozen express buses running through Canarsie, and the main roadways Flatlands Avenue and Rockaway Parkway provide easy access to other spots in NYC. A wide variety of property types are available, including detached homes, small brick homes with garages, and housing developments near the L train stop.
Top most expensive neighborhoods in Brooklyn
View the most recent market trends and historic home sale prices in Manhattan , Brooklyn , Queens , Bronx , Staten Island
Canarsie median price compared with other neighborhoods in Brooklyn
Property values in Canarsie are lower compared to the borough of Canarsie overall.
Canarsie median price compared with all the neighborhoods in Brooklyn
| Neighborhood | Borough | Median Sale Price |
|---|---|---|
| DUMBO | Brooklyn | $1,900,000 |
| Fiske Terrace | Brooklyn | $1,675,000 |
| Carroll Gardens | Brooklyn | $1,550,000 |
| Vinegar Hill | Brooklyn | $1,542,500 |
| Cobble Hill | Brooklyn | $1,437,500 |
| Park Slope | Brooklyn | $1,217,500 |
| Boerum Hill | Brooklyn | $1,215,000 |
| Brooklyn Heights | Brooklyn | $1,172,500 |
| Columbia Street Waterfront District | Brooklyn | $1,152,400 |
| Williamsburg | Brooklyn | $1,142,500 |
| Greenpoint | Brooklyn | $1,090,000 |
| Gowanus | Brooklyn | $1,087,500 |
| Manhattan Beach | Brooklyn | $1,050,000 |
| Red Hook | Brooklyn | $1,043,968 |
| Fort Greene | Brooklyn | $950,000 |
| Prospect Heights | Brooklyn | $945,000 |
| Dyker Heights | Brooklyn | $944,000 |
| Mill Basin | Brooklyn | $900,000 |
| Bedford-Stuyvesant | Brooklyn | $880,000 |
| Prospect - Lefferts Gardens | Brooklyn | $875,000 |
| Clinton Hill | Brooklyn | $870,000 |
| Borough Park | Brooklyn | $860,000 |
| Greenwood Heights | Brooklyn | $850,000 |
| Downtown Brooklyn | Brooklyn | $847,000 |
| Madison | Brooklyn | $823,000 |
| Windsor Terrace | Brooklyn | $820,000 |
| Crown Heights | Brooklyn | $770,500 |
| Bensonhurst | Brooklyn | $770,000 |
| Bergen Beach | Brooklyn | $751,250 |
| Prospect Park South | Brooklyn | $745,000 |
| Midwood | Brooklyn | $735,000 |
| Marine Park | Brooklyn | $680,000 |
| Old Mill Basin | Brooklyn | $660,000 |
| Sea Gate | Brooklyn | $645,000 |
| Flatbush | Brooklyn | $640,000 |
| Bath Beach | Brooklyn | $634,000 |
| Kensington | Brooklyn | $620,000 |
| Flatlands | Brooklyn | $610,000 |
| East Flatbush | Brooklyn | $600,000 |
| Ditmas Park | Brooklyn | $599,000 |
| Georgetown | Brooklyn | $597,500 |
| Bushwick | Brooklyn | $586,899 |
| Bay Ridge | Brooklyn | $570,000 |
| Brighton Beach | Brooklyn | $570,000 |
| Gravesend | Brooklyn | $560,037 |
| Homecrest | Brooklyn | $557,000 |
| Wingate | Brooklyn | $555,000 |
| East New York | Brooklyn | $545,000 |
| Sheepshead Bay | Brooklyn | $519,000 |
| Sunset Park | Brooklyn | $518,669 |
| Brownsville | Brooklyn | $515,000 |
| Gerritsen Beach | Brooklyn | $500,000 |
| Coney Island | Brooklyn | $440,000 |
| Canarsie | Brooklyn | $426,125 |
| Ocean Hill | Brooklyn | $417,131 |
Residential Properties Sold in Canarsie
| Property Type | Median sale price | Y-o-Y | Median sale price/sqft | Y-o-Y | Transactions |
| Condos | $375K | 33% | $379 | 12% | 14 |
| Coops | - | - | - | - | 0 |
| Houses | $570K | 49% | $529 | 74% | 15 |
The median house sale price in Canarsie in Quarter 3 was $570K, up 49% year-over-year. Condo prices in Canarsie trended similarly, with the median condo price up 33% year-over-year to $375K. There was no statistically significant data for median coop price activity for the period of Quarter 3 in Canarsie.
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Canarsie Neighborhood Guide
Canarsie was carved out of Flatlands, one of the five original towns the Dutch set up on Long Island in the 1600s. The name came from an English approximation of a Lenni Lenape Indian word for "fenced land" or "hedge" - a fortuitous choice since the former fishing village on Jamaica Bay gave way to the little fenced-in properties of lawns and flower gardens and driveways that make up today's neighborhood. In recent years Canarsie has received a strong migration from Caribbean nations settling in the waterfront community. The West Indian culture has branded the middle-class neighborhood with such island staples as cricket fields and Jamaican jerk pulled pork and chicken eateries.
Architecture and landmarks
There are still heritage structures visible in the Canarsie streetscape. On Flatlands Avenue is an 1820s-era residence constructed by Charles Vanderveer, a direct descendant of Dutch settler Cornelius Venderveer. The Canarsie Pier is a Depression-era project that replaced the Golden City Amusement Park that was rival to Coney Island in the early 1900s; its carousel was salvaged and sent east to Baldwin at 850 Sunrise Highway. One of Canarsie's oldest landmarks arrives on the stoop every Thursday - the Canarsie Courier has been published since 1921 and is the oldest weekly newspaper in Brooklyn.
Transport
The L Train begins its hour-long journey into Manhattan at Rockaway Parkway. Access to other Brooklyn subway lines (2, 3 and 5) will require a mastery of the MTA bus schedule - start with the B6, B17, B60, and B103; the BM2 offers an express ride into Manhattan, and you expect a journey of about an hour.
Schools
Five public elementary and two intermediate schools handle the education needs of Canarsie youth. Canarsie High School was overhauled at the beginning of this decade and transformed into a campus of three schools of targeted classrooms: the High School or Medical Professions, Innovation in Advertising and Media, and Urban Action Academy.
Health
Brookdale University Hospital and Medical Center just north of Canarsie is a regional tertiary care center. The emergency department operates 24/7 and is one of Brooklyn's largest; the Trauma Center is one of only 15 Level 1 facilities in the city. Brookdale also offer patients a variety of outpatient programs and long-term specialty care.
Safety
Canarsie is tucked into bed each night by the 69th Precinct, which reports 12.8196 crimes per 1,000 residents, placing the neighborhood in the top 20% for safety in New York City.
Things to do
Keeping your yard up ranks high on the to-do list in Canarsie. Shopping is a mix of brand name retailers and Caribbean-run small businesses along Rockaway Parkway, Flatlands Avenue and Remsen Avenue. Casual West Indian is most often the choice for dining out.
When it comes time to relax you can grab a fishing pole and drop a line off the Canarsie Pier. The recreation pier is maintained by federal dollars, part of the Jamaica Bay Unit of the Gateway National Recreation Area.
Canarsie Beach Park has a history that reaches back to the 1670s; today, history is made by tricksters on skateboards navigating a concrete skate plaza and a unique obstacle trail around the perimeter of the park. There are also baseball fields, soccer fields, basketball courts and that cricket field - the only one in New York City.