Brownsville & Ocean Hill multifamily & commercial real estate market
Recorded sales, prices, construction, lending and ownership for income and commercial property in Brownsville & Ocean Hill, updated monthly from NYC public records. Data through September 2026. Covers Brownsville and Ocean Hill.
Get new sales, permits and off-market deals here in your weekly Pulse brief.
$250.8M173 sales, last 12 months▲ 51.1% YoY
$353Median price / sq ft▼ 2.2% YoY
$339KMedian price / unit (multifamily)▼ 4% YoY
72Off-market listings on Crezly now
October 2026 summary
173 income-property sales were recorded in Brownsville & Ocean Hill over the 12 months ending September 2026, totaling $250.8M in dollar volume. The sales count was up 13.1% and dollar volume was up 51.1% versus the prior 12 months. Median price per square foot was $353, down 2.2%, while the median price per residential unit for multifamily and mixed-use properties was $339K, down 4%. DOB construction permits issued totaled 602, down 13.8%. 5.4% of multifamily and mixed-use parcels carried a Motivated-Seller Score of 10 or higher, compared with 2.8% citywide. Broadview Capital LLC, the most active lender, recorded 23 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
8
$9.5M
November 2024
11
$11.7M
December 2024
20
$19M
January 2025
10
$9.9M
February 2025
13
$11.6M
March 2025
13
$12.9M
April 2025
4
$7M
May 2025
19
$23.5M
June 2025
10
$9.3M
July 2025
20
$19.7M
August 2025
10
$18.1M
September 2025
15
$13.8M
October 2025
13
$26.7M
November 2025
20
$26.2M
December 2025
13
$17.8M
January 2026
17
$67.7M
February 2026
11
$11.5M
March 2026
18
$15.8M
April 2026
10
$12.4M
May 2026
13
$11.7M
June 2026
19
$17.6M
July 2026
17
$14.6M
August 2026
11
$15.1M
September 2026
11
$13.7M
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
$340
November 2024
$328
December 2024
$357
January 2025
$363
February 2025
$363
March 2025
$361
April 2025
$361
May 2025
$366
June 2025
$379
July 2025
$366
August 2025
$350
September 2025
$342
October 2025
$380
November 2025
$373
December 2025
$388
January 2026
$353
February 2026
$353
March 2026
$348
April 2026
$349
May 2026
$358
June 2026
$338
July 2026
$320
August 2026
$314
September 2026
$363
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
79
November 2024
66
December 2024
54
January 2025
85
February 2025
45
March 2025
64
April 2025
52
May 2025
57
June 2025
40
July 2025
49
August 2025
60
September 2025
47
October 2025
55
November 2025
37
December 2025
97
January 2026
49
February 2026
53
March 2026
53
April 2026
59
May 2026
43
June 2026
87
July 2026
58
August 2026
11
September 2026
0
What trades here
Share of recorded sales by asset class, last 12 months.
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Asset class
Sales
Multifamily
127
Mixed Use
19
Other
10
Industrial
8
Retail
7
Development
2
Seller distress
5.4% of 5,234 multifamily and mixed-use parcels in Brownsville & Ocean Hill carry a Motivated-Seller Score of 10+ as of October 2026, down from 5.9% in August 2026. Citywide the figure is 2.8%.
Brownsville & Ocean Hill
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 Brownsville & Ocean Hill?
The median recorded sale was $353 per square foot across 168 priced income-property sales in the 12 months to September 2026, down 2.2% on the prior year.
How much do multifamily buildings sell for per unit in Brownsville & Ocean Hill?
Multifamily and mixed-use buildings sold for a median of $339K per residential unit in the 12 months to September 2026, across 146 recorded sales.
How many commercial real estate sales were there in Brownsville & Ocean Hill last year?
173 income-property sales worth $250.8M 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 Brownsville & Ocean Hill?
The most active institutional lender over the last 12 months was Broadview Capital LLC, with 23 recorded mortgages. The Crezly lender directory ranks every lender by recorded loans.
Track Brownsville & Ocean Hill 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.
