Downtown Brooklyn recorded 9 closed sales in the last 30 days at a median close price of $1.04M. Active inventory stands at 90 listings with a median asking price of $1.40M ($1,465/sqft). Condos dominate at 71% of inventory. 27.8% price reductions among active listings. 10 new listings hit the market this week, while 34 properties are under contract. At current absorption rates, Downtown Brooklyn has approximately 10 months of supply, making it a buyer's market. As a Downtown Brooklyn specialist with over 25 years of experience, I track these numbers daily to give my clients a competitive edge. If you are considering buying or selling in Downtown Brooklyn, call me at (917) 416-7433 for a personalized market analysis.
Downtown Brooklyn Market Report September 2026: $1.40M Median
Milton Coste
Live from REBNY/RLS
September 16, 2026
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
90
Active Listings
$1.40M
Median Asking
9
Sold (30 Days)
10
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 90 |
| Pending Sales | 34 |
| Median Asking Price | $1.40M |
| Median Price/Sqft | $1,465 |
| Avg Days on Market | N/A |
| New This Week | 10 |
| Price Reduced | 25 (27.8%) |
| Sold (Last 30 Days) | 9 |
| Sold (Last 90 Days) | 24 |
| Median Sale Price (90d) | $1.04M |
| Sale-to-List Ratio | 99.6% |
| Months of Supply | 10 (buyer's market) |
Property Mix
Condo 71% (64)
Co-op 17% (15)
Condop 12% (11)
Recent Transactions
|
365 BRIDGE Street #4K, Apt 4K | $890,000 | Studio | Sep 10, 2026 |
|
96 SCHERMERHORN Street #14G, Apt 14G | $499,000 | Studio | Sep 8, 2026 |
|
1 CITY Point #23E, Apt 23E | $2,050,000 | 2 BR | Sep 9, 2026 |
|
122 Ashland Place #12L, Apt 12L | $999,000 | 2 BR | Sep 2, 2026 |
|
1 CITY Point #30K, Apt 30K | $1,250,000 | 1 BR | Sep 2, 2026 |
|
189 SCHERMERHORN Street #12D, Apt 12D | $875,000 | 1 BR | Sep 2, 2026 |
|
230 Jay Street #9F, Apt 9F | $525,000 | 1 BR | Aug 28, 2026 |
|
388 BRIDGE Street #PH46B, Apt PH46B | $999,999 | 1 BR | Aug 28, 2026 |
|
11 HOYT Street #18E, Apt 18E | $2,150,000 | 2 BR | Aug 21, 2026 |
Rental Market
10
Closed Rentals (30 Days)
$7,343/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| Studio | Limited data | Limited data | Limited data |
| 1 BR | 3 | $5,075/mo | $4,750 - $5,500 |
| 2 BR | 6 | $7,925/mo | $6,850 - $9,699 |
Recent Transactions
|
89 DEKALB Avenue #25E, Apt 25E | $7,950/mo | 2 BR | Sep 15, 2026 |
|
89 DEKALB Avenue #3C, Apt 3C | $4,750/mo | 1 BR | Sep 15, 2026 |
|
89 DEKALB Avenue #29F, Apt 29F | $9,699/mo | 2 BR | Sep 15, 2026 |
|
89 DEKALB Avenue #23E, Apt 23E | $7,835/mo | 2 BR | Sep 15, 2026 |
|
89 DEKALB Avenue #25D, Apt 25D | $4,200/mo | Studio | Sep 15, 2026 |
|
89 DEKALB Avenue #23C, Apt 23C | $5,075/mo | 1 BR | Sep 15, 2026 |
|
89 DEKALB Avenue #22E, Apt 22E | $7,899/mo | 2 BR | Sep 15, 2026 |
|
89 DEKALB Avenue #19J, Apt 19J | $6,850/mo | 2 BR | Sep 15, 2026 |
|
1 City Point #42A, Apt 42A | $9,500/mo | 2 BR | Sep 1, 2026 |
|
110 LIVINGSTON Street #8R, Apt 8R | $5,500/mo | 1 BR | Sep 1, 2026 |
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Active Listings in Downtown Brooklyn
View All
$1,475,000
150 Myrtle Avenue #1601
2 beds
2 baths
1,113 sqft
Condo
$999,999
150 Myrtle Avenue #1105
2 beds
1 bath
738 sqft
Condo
$2,395,000
388 Bridge Street #38AB
3 beds
3 baths
1,731 sqft
Condo
$1,635,000
388 Bridge Street #39G
2 beds
2 baths
1,141 sqft
Condo
$1,395,000
10 NEVINS Street #11C
2 beds
2 baths
1,176 sqft
Condo
$2,395,000
388 Bridge Street #PH45AB
3 beds
3 baths
1,790 sqft
Condo
Data provided by the RLS at REBNY
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.