Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Marine Park

Brooklyn · New York, NY

6 active listings · Median $938K

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Market Pulse — Marine Park

What defines this market

A rental-heavy submarket with strong rent growth, rising sale prices, and sale listings clearing quickly.

Best for

fast-movingappreciating sale pricesstrong rent growth

Median asking rent in Marine Park is $2,925/month, $400 below the 5-year high set in Oct 2024. Rents are up +33.0% year over year and +58.1% over the past 5 years. Median sale price is $938K, near a 5-year high. Sale prices are up +13.8% year over year. Sale listings are clearing 43 days faster than at this point last year.

Rental snapshot

  • Median asking rent: $2,925/month ($400 below the 5-year high in Oct 2024)
  • Year-over-year rent change: +33.0%
  • 5-year rent change: +58.1%
  • Active rental listings: 2

For-sale snapshot

  • Median sale price: $938K
  • Year-over-year sale price change: +13.8%
  • Median days on market (sale): 43 days (43 days faster than a year ago)
  • Active for-sale listings: 33 (-25.0% YoY)
  • Active listings with a price cut: 15.2%
  • Recent monthly closed sales: 12

Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.

Source: StreetEasy market data, through Nov 2025.

About Marine Park

Marine Park is a residential Brooklyn neighborhood of single-family detached and semi-attached brick homes built primarily in the 1930s through 1960s, surrounding the 798-acre Marine Park salt marsh and nature preserve. Local buses connect to the B/Q trains at Avenue U and the 2/5 at Flatbush Avenue...

Quick Facts

BoroughBrooklyn
Zip Code11234
SubwayBus service
Building TypesMixed

Transit, Schools & Commute

Subway Lines:

Stations: Bus service available


Market Report

Live data from REBNY/RLS. Updated every 15 minutes.

Median Asking Price
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+13.8% YoY
Median Rent
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+33.0% YoY
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Median closed sale price by month

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Current Inventory Snapshot

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Price by Bedroom

Based on active listings in Marine Park

TypeActive ListingsMedian PricePrice Range
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Active Listings

Properties in Marine Park

REBNY/RLS Disclaimer: Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 1/1/1970.

Nearby Neighborhoods

Marine Park Property Type Pages

Why Work With Milton in Marine Park

25+ years

Experience across NYC

1,000+

Transactions closed

Since 2000

Active in Brooklyn

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For Marine Park buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.

Reviews

"Milton made the entire buying process seamless. His knowledge of the local market and negotiation skills saved us thousands. Highly recommend for anyone looking in Upper Manhattan."

JR
Verified Buyer
Google Review

"We sold our co-op in record time thanks to Milton's marketing strategy. Professional photography, virtual tour, and targeted digital ads brought multiple offers within the first week."

MC
Verified Seller
Zillow Review

Map

Frequently Asked Questions about Marine Park

The median sale price in Marine Park is $938K. Sale prices are up 13.8% year over year.

Yes. The median sale price in Marine Park sits within a few percent of the 5-year high. Pricing is firm and listings priced near the comparable median tend to clear with limited room for negotiation.

Sale listings in Marine Park have a median of 43 days on market. That is 43 days faster than the same point a year ago. Roughly 15.2% of active listings have recorded a price cut, suggesting some negotiating room.

Marine Park is broadly balanced right now, with median days on market at 43 days and 15.2% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.

Roughly 12 homes change hands each month in Marine Park across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.

The overall median asking rent in Marine Park is $2,925/month. Rents are up 33.0% year over year.

Median asking rent in Marine Park is currently $400 below the 5-year high set in October 2024. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.

Median asking rent in Marine Park has risen 58.1% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.

Within walking or short-transit distance of Marine Park, median sale prices range across Mill Basin at $1.3M, Bergen Beach at $825K, Gerritsen Beach at $560K, Flatlands at $425K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.

Marine Park is served by the Bus service. The commute to Midtown Manhattan runs roughly 159 minutes from Nearest bus stop.

Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Marine Park, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: [email protected].

How I Can Help in Marine Park

Milton Coste, Licensed Associate Broker

Milton Coste

Licensed Associate Broker

Keller Williams NYC · NY #10301213304

25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in Marine Park, I will guide you every step of the way.

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