Brooklyn · New York, NY
18 active listings · Median $680K
Calculating market narrative...
A condo-dominant submarket with sale values below the 5-year high and sale listings sitting longer than a year ago.
Median asking rent in Gowanus is $4,500/month, $500 below the 5-year high set in Feb 2026. Median sale price stands at $680K, 75.3% below the 5-year high recorded in May 2023. Sale listings are clearing 118 days slower than at this point last year.
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 Sep 2026.
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 Termin...
In my 25+ years selling real estate across New York City, I use this Gowanus data in real negotiations, not just for a web page.
Stations: Bus service available
Midtown: 38 min (2 express from Borough Hall)
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
In the zip that covers Gowanus (11232), the city's PLUTO tax-lot data shows about 2,200 residential lots, including about 900 walk-ups. Buyers weigh that older stock and new canal-side condos against the F and G at Smith-9th Sts, the R at 4th Av-9th St, Washington Park and the rezoning. Walk-up sellers need the rent roll, leases and open HPD or DOB items; condo sellers, the offering plan amendments and common-charge history.
Built on your building's comparable sales, not a portal estimate.
Seven questions, plus a 2-to-4 family mode with your rent roll.
Commission, transfer taxes, flip tax and payoff, line by line.
Open HPD and DOB items, registration and lien status for 1-to-4 family owners.
With the address I can look at what sold in your building and on your block. If you would rather not give it yet, the email alone is enough.
Gowanus has 18 active listings for sale on the RLS/REBNY feed.
| Inventory & Activity | |
| Active Listings | 18 |
| Pending Sales | 5 |
| New This Week | 2 |
| New This Month | 6 |
| Avg DOM | 138 days |
| Price Cut Rate | 22.2% |
| Recent Sales | |
| Sold Last 30 Days | 1 |
| Sold Last 90 Days | 6 |
| Sale-to-List | 100.0% |
| Asking Prices | |
| Median Asking | $680,000 |
| Average Asking | $2,009,161 |
| Median $/SqFt | $1,169 |
| Median Condo Ask | -- |
| Median Co-op Ask | -- |
Based on active listings in Gowanus
| Type | Active Listings | Median Price | Price Range |
|---|---|---|---|
| Studio | 1 | too few | $630K - $630K |
| 1 Bedroom | 4 | too few | $695K - $835K |
| 2 Bedrooms | 4 | too few | $1.27M - $2.00M |
| 3+ Bedrooms | 9 | $2,535,000 | $1.38M - $6.75M |
View active listings by size:
Properties in Gowanus
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 is refreshed every 15 minutes per REBNY IDX requirements.
Experience across NYC
NYC transactions
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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 Gowanus buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
Milton did a great job at helping me find my coop apartment that was the perfect fit for me. He explored the possibilities with the tours, gave me the information needed to know if I qualified for a mortgage and gave his experience with negotiating a price that I was comfortable with. He is personable, experienced and professional. I felt like I was being led in the right direction and I was. I would recommend his real estate services whole heartedly. Great experience with Milton!
Milton did an indispensable job assisting us with renting our condominium unit. As a first-time renter in NYC, I couldn’t have done it without Milton’s expertise and help. He was professional and communicative, and he really supported us through every step of the way, from the first tour to lease-signing to move-in. I mean this especially for the condo application process, which I had no experience with and which Milton took the time to guide us with, like compiling and informing us of exactly what materials we needed, what the timeline was gonna look like, walking us through the application site, letting us know about anything we missed filling out, etc. Super recommend Milton as your broker.
Quarterly report
Brooklyn Market Report, 3Q 2026
$1,160,500 median sale price. Download the full report
On a $1M NYC purchase: co-ops run $20K-$30K, condos $38K-$42K, new dev $60K+. See every fee, who pays, and 5 ways to cut your bill.
Co-ops make up nearly 70% of NYC housing stock but require board approval. Condos cost more but offer flexibility. Here's how to decide.
Pre-approval gives you a 20-30% edge in NYC bidding wars. Here's what lenders need and how to set your budget ceiling.
Roughly 1 in 8 co-op board applications gets rejected. Here's how to prepare your package and ace the interview.
Sale listings that came on the market in the last 7 days.
Homes in Gowanus take a median 138 days to go into contract. Source: StreetEasy market data.
478 President Street
Gowanus
A 2,915 sq ft home in Gowanus.
185 12TH Street
Gowanus
A home in a 1899-built building in Gowanus.
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Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Gowanus has 18 active listings for sale on the RLS/REBNY feed right now. Of those that list a bedroom count: 1 studio, 4 one-bedrooms, 4 two-bedrooms and 9 with three or more bedrooms.
The median sale price in Gowanus is $680K. Year-over-year price comparisons swing meaningfully when monthly closed-sale counts are low, so a single recent month is best read alongside the longer-term price trend.
No. The median sale price in Gowanus is currently 75.3% below the 5-year high recorded in May 2023. That gap can favor buyers searching for value relative to the neighborhood's past peak.
Sale listings in Gowanus have a median of 138 days on market (the time from listing to a signed contract, per StreetEasy). That is 118 days slower than the same point a year ago. Roughly 22.2% of active listings have recorded a price cut, suggesting some negotiating room.
Gowanus is currently tilting toward buyers. Median days on market is 138 days and roughly 22.2% of active listings have recorded a price cut, both indicating room to negotiate.
Roughly 2 homes change hands each month in Gowanus 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 Gowanus is $4,500/month. Live RLS listings show studios at $3,413, 1-bedrooms at $4,525, 2-bedrooms at $6,838, 3+ bedrooms at $9,350 per month.
Median asking rent in Gowanus is currently $500 below the 5-year high set in February 2026. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.
Median asking rent in Gowanus has risen 45.2% 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 Gowanus, median sale prices range across Cobble Hill at $3.7M, Carroll Gardens at $3.1M, Boerum Hill at $2.3M, Park Slope at $1.2M. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
Gowanus is served by the Bus service. The commute to Midtown Manhattan runs roughly 38 minutes from Borough Hall.
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 Gowanus, 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 and 1,100+ NYC property transactions across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals, and he works in English and Spanish. Direct: (917) 416-7433. Email: [email protected].
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Licensed Real Estate Associate Broker
Keller Williams NYC · NY #10301213304
25+ years of experience and 1,100+ transactions across NYC. Whether you are buying, selling, or leasing in Gowanus, I will guide you every step of the way.
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