Brooklyn
Brooklyn
| Metric | Gowanus | Bay Ridge |
|---|---|---|
| Median Sale Price | $1,045,000 | $580,000 |
| Median Condo Price | $775,000 | $253,500 |
| Median Co-op Price | N/A | $360,000 |
| Median Rent | $4,615 | $2,500 |
| Active Listings | 24 | 197 |
| Rental Inventory | 326 | 179 |
| Days on Market | 43 | 103.5 |
| Price Cut Share | 16.7% | 11.7% |
| Monthly Sales Volume | 1 | 23 |
| YoY Price Change | +51.6% | +4.2% |
| YoY Rent Change | +15.4% | +6.4% |
| YoY Inventory Change | -25.0% | +10.1% |
| Subway Lines | N/A | N/A |
Gowanus features a striking mix of 19th-century brick warehouses, Greek Revival rowhouses, and new glass-and-steel condominiums rising along the canal waterfront. The F, G, R, D, and N/W trains are accessible at nearby Smith-Ninth Streets and Fourth Avenue-Ninth Street stations, with Atlantic Terminal a short walk north. Washington Park and the Old Stone House landmark anchor the neighborhood's green space, while a major rezoning is bringing thousands of new residential units and waterfront parkland to the area.
View Full Market ReportBay 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.
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