Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
Downtown Brooklyn real estate

Downtown Brooklyn Market Report July 2026: $1.42M Median

Milton Coste Live from REBNY/RLS August 22, 2026
Milton Coste

Milton Coste

Licensed Real Estate Associate Broker at Keller Williams NYC

NY License #10301213304 | (917) 416-7433

Downtown Brooklyn recorded 9 closed sales in the last 30 days at a median close price of $784K. Active inventory stands at 74 listings with a median asking price of $1.42M ($1,685/sqft). Condos dominate at 65% of inventory. 24.3% price reductions among active listings. 0 new listings hit the market this week, while 35 properties are under contract. At current absorption rates, Downtown Brooklyn has approximately 8.2 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.

74

Active Listings

$1.42M

Median Asking

9

Sold (30 Days)

8.2

Months of Supply

Price Trends

Inventory Breakdown

Metric Value
Active Listings 74
Pending Sales 35
Median Asking Price $1.42M
Median Price/Sqft $1,685
Avg Days on Market N/A
New This Week 0
Price Reduced 18 (24.3%)
Sold (Last 30 Days) 9
Sold (Last 90 Days) 16
Median Sale Price (90d) $784K
Sale-to-List Ratio 99.8%
Months of Supply 8.2 (buyer's market)

Property Mix

Condo 65% (48) Co-op 19% (14) Condop 16% (12)

Recent Transactions

10 Nevins Street #9-A 10 Nevins Street #9-A, Apt 9-A $1,155,000 2 BR Aug 11, 2026
85 Livingston Street #3C 85 Livingston Street #3C, Apt 3C $575,000 1 BR Aug 14, 2026
96 Schermerhorn Street #12A 96 Schermerhorn Street #12A, Apt 12A $915,000 2 BR Aug 13, 2026
85 FLEET Street #74A 85 FLEET Street #74A, Apt 74A $2,325,000 2 BR Aug 13, 2026
270 JAY Street #4F 270 JAY Street #4F, Apt 4F $536,000 1 BR Aug 7, 2026
1 CITY Point #59E 1 CITY Point #59E, Apt 59E $3,015,000 3 BR Aug 11, 2026
85 LIVINGSTON Street #18L 85 LIVINGSTON Street #18L, Apt 18L $600,000 1 BR Aug 6, 2026
1 City Point #18H 1 City Point #18H, Apt 18H $1,255,000 1 BR Jul 29, 2026
365 Bridge Street #12H 365 Bridge Street #12H, Apt 12H $1,435,000 3 BR Aug 7, 2026

Rental Market

3

Closed Rentals (30 Days)

$4,175/mo

Median Rent

Type Count Median Rent Range
Studio Limited data Limited data Limited data
1 BR Limited data Limited data Limited data

Based on 3 transactions. Limited volume may result in atypical metrics.

Recent Transactions

89 DEKALB Avenue #25G 89 DEKALB Avenue #25G, Apt 25G $4,150/mo Studio Aug 11, 2026
89 DEKALB Avenue #25C 89 DEKALB Avenue #25C, Apt 25C $5,150/mo 1 BR Aug 11, 2026
89 DEKALB Avenue #23D 89 DEKALB Avenue #23D, Apt 23D $4,175/mo Studio Aug 11, 2026

Want this report in your inbox?

Get monthly market updates for Downtown Brooklyn delivered free.

Active Listings in Downtown Brooklyn

View All
RLS at REBNY 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.

Call Text Valuation