Brooklyn
Bronx
| Metric | Bay Ridge | Concourse |
|---|---|---|
| Median Sale Price | $580,000 | $668,700 |
| Median Condo Price | $253,500 | N/A |
| Median Co-op Price | $360,000 | $190,000 |
| Median Rent | $2,500 | $2,100 |
| Active Listings | 197 | 57 |
| Rental Inventory | 179 | 41 |
| Days on Market | 103.5 | 46.5 |
| Price Cut Share | 11.7% | 7.0% |
| Monthly Sales Volume | 23 | 5 |
| YoY Price Change | +4.2% | +104.2% |
| YoY Rent Change | +6.4% | -15.9% |
| YoY Inventory Change | +10.1% | +9.6% |
| Subway Lines | N/A | N/A |
Bay Ridge is a historic neighborhood in Southwest Brooklyn, known for its stunning views of the Verrazzano-Narrows Bridge and the New York Harbor. The area offers a vibrant lifestyle with the bustling commercial corridors of 3rd and 5th Avenues. The real estate market is a sophisticated blend of grand historic row houses, elegant pre-war cooperatives, and modern condominiums, all within a neighborhood famous for its parks and waterfront promenade.
View Full Market ReportThe Concourse neighborhood centers on the Grand Concourse, a 5.2-mile Parisian-inspired boulevard lined with the largest collection of Art Deco and Art Moderne apartment buildings in the United States. Five- and six-story prewar co-ops with wide entrance courtyards and ornamental facades define the streetscape, complemented by postwar mid-rises. The B and D trains run beneath the Grand Concourse, with the 4 and 5 trains at 149th Street-Grand Concourse, all providing express service to Manhattan.
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