Coney Island & Brighton Beach multifamily & commercial real estate market
Recorded sales, prices, construction, lending and ownership for income and commercial property in Coney Island & Brighton Beach, updated monthly from NYC public records. Data through September 2026. Covers Coney Island, Brighton Beach and Sea Gate.
Get new sales, permits and off-market deals here in your weekly Pulse brief.
$167.3M93 sales, last 12 months▲ 52.1% YoY
$465Median price / sq ft▲ 6.9% YoY
$428KMedian price / unit (multifamily)▲ 3.8% YoY
38Off-market listings on Crezly now
October 2026 summary
93 income-property sales were recorded in Coney Island & Brighton Beach over the 12 months ending September 2026, unchanged from the prior 12 months, with dollar volume of $167.3M, up 52.1%. The median price per square foot was $465, up 6.9%, while the median price per residential unit for multifamily and mixed-use properties was $428K, up 3.8%. DOB construction permits totaled 322, down 27.8%. 2.3% of multifamily and mixed-use parcels carried a Motivated-Seller Score of 10 or higher, compared with 2.8% citywide. The most active lender, JPMorgan Chase Bank, N.A., recorded 7 mortgages.
Market trends
Recorded sales volume by month
October 2024 – September 2026. Hover or tap a month for its figure.
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Month
Sales
Volume
October 2024
7
$8.5M
November 2024
6
$8.2M
December 2024
8
$11.2M
January 2025
7
$12M
February 2025
11
$12.4M
March 2025
11
$12.5M
April 2025
12
$11.4M
May 2025
6
$5.9M
June 2025
7
$8.2M
July 2025
5
$4.9M
August 2025
10
$11.5M
September 2025
3
$3.5M
October 2025
11
$24.2M
November 2025
11
$9.4M
December 2025
10
$8.9M
January 2026
9
$8.8M
February 2026
3
$2.9M
March 2026
7
$5.5M
April 2026
7
$12.7M
May 2026
6
$26.8M
June 2026
5
$5.6M
July 2026
10
$13M
August 2026
10
$44.8M
September 2026
4
$4.6M
Median price per square foot
Rolling 3-month median of recorded sales with a building area. Gaps mean fewer than five priced sales.
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Month
Median $/sf (3-mo)
October 2024
$425
November 2024
$386
December 2024
$380
January 2025
$380
February 2025
$455
March 2025
$463
April 2025
$469
May 2025
$492
June 2025
$488
July 2025
$466
August 2025
$422
September 2025
$339
October 2025
$394
November 2025
$408
December 2025
$408
January 2026
$434
February 2026
$462
March 2026
$453
April 2026
$455
May 2026
$530
June 2026
$515
July 2026
$501
August 2026
$486
September 2026
$472
Construction permits issued
Initial DOB NOW permits for construction work (sheds, fences, scaffolds and signs excluded) — a leading indicator of repositioning and new supply.
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Month
Permits
October 2024
76
November 2024
36
December 2024
34
January 2025
37
February 2025
23
March 2025
36
April 2025
30
May 2025
35
June 2025
41
July 2025
24
August 2025
34
September 2025
40
October 2025
33
November 2025
27
December 2025
33
January 2026
30
February 2026
18
March 2026
39
April 2026
32
May 2026
44
June 2026
27
July 2026
31
August 2026
8
September 2026
0
What trades here
Share of recorded sales by asset class, last 12 months.
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Asset class
Sales
Multifamily
68
Development
9
Mixed Use
7
Office
3
Retail
3
Other
3
Seller distress
2.3% of 3,664 multifamily and mixed-use parcels in Coney Island & Brighton Beach carry a Motivated-Seller Score of 10+ as of October 2026, down from 2.5% in August 2026. Citywide the figure is 2.8%.
Coney Island & Brighton Beach
NYC
The score weighs estimated loan maturity, tax liens, open HPD violations, evictions, ownership tenure and transfer activity. It is a signal, not a prediction.
What is the price per square foot for commercial and multifamily property in Coney Island & Brighton Beach?
The median recorded sale was $465 per square foot across 83 priced income-property sales in the 12 months to September 2026, up 6.9% on the prior year.
How much do multifamily buildings sell for per unit in Coney Island & Brighton Beach?
Multifamily and mixed-use buildings sold for a median of $428K per residential unit in the 12 months to September 2026, across 75 recorded sales.
How many commercial real estate sales were there in Coney Island & Brighton Beach last year?
93 income-property sales worth $167.3M were recorded in the 12 months to September 2026 (deeds of $100,000 or more, excluding single-family homes and condo units).
Who lends on commercial property in Coney Island & Brighton Beach?
The most active institutional lender over the last 12 months was JPMorgan Chase Bank, N.A., with 7 recorded mortgages. The Crezly lender directory ranks every lender by recorded loans.
Track Coney Island & Brighton Beach deals as they happen
New sales, permits, off-market listings and distress signals, in one weekly brief.
Compiled by Crezly from NYC public records: ACRIS deeds and mortgages (recorded through September 2026), DOB NOW permits, PLUTO and HPD. Sales are recorded deeds of $100,000+ on income and commercial property (multifamily incl. two-family, mixed-use, retail, office, industrial, development, hospitality); single-family homes and condo units are excluded. Staten Island deeds are recorded by the Richmond County Clerk and are not in ACRIS. Neighborhoods follow NYC Community District boundaries. Not legal, financial or investment advice.
