Cobble Hill Real Estate Market Trends

Market Overview for Quarter 3, 2021


Median Sale Price

$1.4M

11% YoY


Median Price/Sqft

$1,251

2% YoY


No. of Transactions

38

375% YoY

Brooklyn Median Sale Price

$820K

15% YoY

What is the median sale price and median price per sq ft in Cobble Hill?

As of Quarter 3, the median home sale price in Cobble Hill was $1.4M, up 11% year-over-year. A total of 38 properties traded, representing a 375% year-over-year increase. The median price per square foot in Quarter 3 was $1,251, a 2% YoY change. The median home sale price in Brooklyn was $820K.

Cobble Hill Neighborhood Map

For buyers searching for the picturesque New York City setting Cobble Hill is a top choice. There you'll find plenty of corner cafes, unique cinemas, and fire escapes and stoops perfect for people watching. The streets are lined with classic mom and pop shops, meat markets, and boutiques. Both trendy and hip this is a popular, growing neighborhood.

Cobble Hill Median Sale Price

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Median Sale Price Per Square Feet

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Real Estate Transactions in Cobble Hill

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Top most expensive neighborhoods in Brooklyn

Cobble Hill median price compared with other neighborhoods in Brooklyn

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




Cobble Hill 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 $1,562,500
Vinegar Hill Brooklyn $1,542,500
Cobble Hill Brooklyn $1,437,500
Park Slope Brooklyn $1,225,000
Boerum Hill Brooklyn $1,215,000
Brooklyn Heights Brooklyn $1,172,500
Williamsburg Brooklyn $1,142,500
Columbia Street Waterfront District Brooklyn $1,102,400
Greenpoint Brooklyn $1,095,000
Mill Basin Brooklyn $1,065,100
Red Hook Brooklyn $1,065,000
Manhattan Beach Brooklyn $1,050,000
Gowanus Brooklyn $1,025,000
Dyker Heights Brooklyn $968,000
Fort Greene Brooklyn $952,500
Prospect Heights Brooklyn $949,000
Bedford-Stuyvesant Brooklyn $883,500
Prospect - Lefferts Gardens Brooklyn $863,750
Greenwood Heights Brooklyn $850,000
Clinton Hill Brooklyn $834,000
Madison Brooklyn $823,000
Windsor Terrace Brooklyn $820,000
Borough Park Brooklyn $817,500
Downtown Brooklyn Brooklyn $810,000
Bensonhurst Brooklyn $775,000
Crown Heights Brooklyn $768,500
Bergen Beach Brooklyn $751,250
Prospect Park South Brooklyn $745,000
Midwood Brooklyn $735,000
Marine Park Brooklyn $699,000
Old Mill Basin Brooklyn $660,000
Sea Gate Brooklyn $645,000
Bath Beach Brooklyn $634,000
Flatbush Brooklyn $625,000
Kensington Brooklyn $620,000
Flatlands Brooklyn $609,000
Georgetown Brooklyn $605,000
East Flatbush Brooklyn $600,000
Ditmas Park Brooklyn $594,500
Bushwick Brooklyn $594,000
Brighton Beach Brooklyn $567,000
Bay Ridge Brooklyn $565,000
Homecrest Brooklyn $556,000
Wingate Brooklyn $555,000
Gravesend Brooklyn $542,518
East New York Brooklyn $535,000
Sheepshead Bay Brooklyn $520,172
Sunset Park Brooklyn $518,669
Brownsville Brooklyn $515,000
Ocean Hill Brooklyn $511,065
Gerritsen Beach Brooklyn $485,000
Coney Island Brooklyn $440,000
Canarsie Brooklyn $426,125

Residential Properties Sold in Cobble Hill

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos $1.4M 11% $1K 0% 18
Coops $767K - $971 - 16
Houses $5.8M - $1K - 4

The median house sale price in Cobble Hill in Quarter 3 was relatively flat year-over-year at $5.8M. However, median condo prices in Cobble Hill trended up 11% year-over-year to $1.4M. Median coop sale price in Cobble Hill were $767K, a change of -% year-over-year.

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Cobble Hill Neighborhood Guide

When it comes to Brooklyn neighborhoods, they don't get much more picturesque than Cobble Hill. Known as a haven for mom and pop stores, meat markets, and unique boutiques, this neighborhood is similar to its neighbors Gravesend and Boerum Hill. Though it's just 40 blocks long, Cobble Hill is one of the most expensive places to live in Brooklyn. With its hip, trendy, yet laidback vibe, historic buildings, and easy commute to Manhattan, it's not hard to see why this neighborhood is in high demand.

Architecture and landmarks

Cobble Hill is home to the traditional brownstones you'd expect, but it's also got a huge range of unique housing options including former Victorian schoolhouses that have been converted to lofts, Gothic Revival churches turned into condos, and even former carriage houses turned into single family homes. One of the best known residential buildings in the neighborhood is Cobble Hill Towers built back in the 1870s, a Dickensian-looking building with airy units, incredible ironwork, and bluestone stairs. Much of the neighborhood is situated in the Cobble Hill Historic District, which is known for having one of the best collections of 19th-century homes in New York City. Landmarks include the Dr. Joseph E. Clark House, which is the widest single house in the neighborhood, a neo-Grec house at 272 Warren Street built in 1899, and DeGraw Mansion, also known as the Ralph L. Cutter House, with a tower built in 1891 that has views of the harbor.

Transport

Residents can get to Manhattan in just three stops when they board the F train. A trip to Midtown takes less than half an hour, and the 2, 3, 4, 5, and R trains can be picked up nearby in Brooklyn Heights. There are three local buses and the Citywide Ferry Service begins offering access to Cobble Hill in 2017.

Schools

PS 29 serves kids from K through 5th Grade, and Brooklyn Secondary School for Collaborative Studies, located in nearby Gravesend, is where most kids go for 6th grade through 12th. There are also several private schools in the area, including Saint Ann's and Packer Collegiate.

Health

Long Island College Hospital, located in Cobble Hill, was founded in 1857 and today is the primary teaching hospital for SUNY Downstate Medical Center and is the sixth largest hospital in Brooklyn.

Safety

Cobble Hill is part of the responsibility of the 76th Precinct. With a reported 14.39 crimes per 1,000 residents in 2015, the neighborhood is one of the safest in Northern Brooklyn.

Things to do

There is a huge variety of places to eat, shop, and drink in Cobble Hill. Court Street is where most shops are found - and though it has newer, more elegant shops and restaurants like Chocolate Room and Cellar Paper, it still has the feel of a small town street. Along with these newer stores are long-time local favorites owned by families, such as Jim and Andy's Market, where produce is weighed on hanging scales.

Popular restaurants in the area include June, known for their incredible brunch, Bornholm, a Scandinavian wonder with unique burgers, Broccolino with its expansive Italian menu, American Gastropub Uglyduckling, Latin American food and cocktails at Leyenda, and Argentinian food at Libertador. For adults who want to take in a drink or two, Le Boudoir is an upscale lounge that frequently has musical acts, Boat Bar is the dive bar of choice for locals, and Floyd, NY is known as a fun, casual sports bar.

The Brooklyn Bridge Park, which was dedicated in 1965 and reconstructed in 1989, won the first ever Parks Council's Philip Winslow Award for Public Projects and the Annual Award for Excellence in Design from the Art Commission. The design was based on 19th century brick-and-stone neighborhoods with tree-lined streets.