Brooklyn Heights, Fort Greene & Downtown Brooklyn multifamily & commercial real estate market
Recorded sales, prices, construction, lending and ownership for income and commercial property in Brooklyn Heights, Fort Greene & Downtown Brooklyn, updated monthly from NYC public records. Data through September 2026. Covers Brooklyn Heights, Downtown Brooklyn, Fort Greene, DUMBO & Vinegar Hill, Boerum Hill and Clinton Hill.
Get new sales, permits and off-market deals here in your weekly Pulse brief.
$1.4B207 sales, last 12 months▲ 27.5% YoY
$909Median price / sq ft▲ 0.7% YoY
$1MMedian price / unit (multifamily)▲ 6.9% YoY
63Off-market listings on Crezly now
October 2026 summary
207 income-property sales were recorded in Brooklyn Heights, Fort Greene & Downtown Brooklyn in the 12 months ending September 2026, up 6.2% from the prior 12 months, with dollar volume of $1.4B, up 27.5%. The median price per square foot was $909, up 0.7%, while the median price per residential unit for multifamily and mixed-use properties was $1M, up 6.9%. DOB construction permits totaled 1,792, down 7.3%. 1.6% of multifamily and mixed-use parcels carried a Motivated-Seller Score of 10 or higher, compared with 2.8% citywide. JPMorgan Chase Bank, N.A. was the most active lender, with 30 mortgages recorded.
Market trends
Recorded sales volume by month
October 2024 – September 2026. Hover or tap a month for its figure.
Show the data
Month
Sales
Volume
October 2024
13
$287.7M
November 2024
14
$61.6M
December 2024
24
$89.1M
January 2025
15
$58.1M
February 2025
8
$38.5M
March 2025
22
$61.6M
April 2025
14
$76.8M
May 2025
20
$183.5M
June 2025
16
$52.9M
July 2025
12
$42.6M
August 2025
18
$93.2M
September 2025
19
$87.4M
October 2025
16
$86.1M
November 2025
18
$151.2M
December 2025
18
$203.2M
January 2026
16
$63.7M
February 2026
18
$99.6M
March 2026
13
$40.5M
April 2026
17
$110.9M
May 2026
17
$208.5M
June 2026
17
$106.5M
July 2026
18
$77.3M
August 2026
26
$175.5M
September 2026
13
$121.4M
Median price per square foot
Rolling 3-month median of recorded sales with a building area. Gaps mean fewer than five priced sales.
Show the data
Month
Median $/sf (3-mo)
October 2024
$877
November 2024
$884
December 2024
$875
January 2025
$869
February 2025
$773
March 2025
$868
April 2025
$848
May 2025
$939
June 2025
$958
July 2025
$1,129
August 2025
$958
September 2025
$1,011
October 2025
$891
November 2025
$863
December 2025
$869
January 2026
$907
February 2026
$907
March 2026
$804
April 2026
$761
May 2026
$881
June 2026
$1,036
July 2026
$961
August 2026
$939
September 2026
$972
Construction permits issued
Initial DOB NOW permits for construction work (sheds, fences, scaffolds and signs excluded) — a leading indicator of repositioning and new supply.
Show the data
Month
Permits
October 2024
170
November 2024
126
December 2024
140
January 2025
153
February 2025
139
March 2025
157
April 2025
180
May 2025
187
June 2025
182
July 2025
172
August 2025
156
September 2025
172
October 2025
218
November 2025
143
December 2025
168
January 2026
138
February 2026
153
March 2026
165
April 2026
184
May 2026
172
June 2026
220
July 2026
182
August 2026
49
September 2026
0
What trades here
Share of recorded sales by asset class, last 12 months.
Show the data
Asset class
Sales
Multifamily
146
Mixed Use
28
Office
11
Other
9
Retail
6
Development
5
Industrial
2
Seller distress
1.6% of 5,568 multifamily and mixed-use parcels in Brooklyn Heights, Fort Greene & Downtown Brooklyn carry a Motivated-Seller Score of 10+ as of October 2026, down from 1.9% in August 2026. Citywide the figure is 2.8%.
Brooklyn Heights, Fort Greene & Downtown Brooklyn
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 Brooklyn Heights, Fort Greene & Downtown Brooklyn?
The median recorded sale was $909 per square foot across 199 priced income-property sales in the 12 months to September 2026, up 0.7% on the prior year.
How much do multifamily buildings sell for per unit in Brooklyn Heights, Fort Greene & Downtown Brooklyn?
Multifamily and mixed-use buildings sold for a median of $1M per residential unit in the 12 months to September 2026, across 174 recorded sales.
How many commercial real estate sales were there in Brooklyn Heights, Fort Greene & Downtown Brooklyn last year?
207 income-property sales worth $1.4B 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 Brooklyn Heights, Fort Greene & Downtown Brooklyn?
The most active institutional lender over the last 12 months was JPMorgan Chase Bank, N.A., with 30 recorded mortgages. The Crezly lender directory ranks every lender by recorded loans.
Track Brooklyn Heights, Fort Greene & Downtown Brooklyn 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.
