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Crown Heights South & Wingate multifamily & commercial real estate market

Recorded sales, prices, construction, lending and ownership for income and commercial property in Crown Heights South & Wingate, updated monthly from NYC public records. Data through September 2026. Covers Prospect Lefferts Gardens (PLG).

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$330.3M114 sales, last 12 months▼ 6.1% YoY
$489Median price / sq ft▲ 1% YoY
$545KMedian price / unit (multifamily)▲ 9.1% YoY
19Off-market listings on Crezly now
November 2026 summary

114 income-property sales were recorded in Crown Heights South & Wingate over the 12 months ending September 2026, totaling $330.3M in dollar volume. The sales count was down 11.6% and dollar volume down 6.1% against the prior 12 months. Pricing moved in the other direction: the median price per square foot was $489, up 1%, while the median price per residential unit for multifamily and mixed-use properties was $545K, up 9.1%. DOB construction permits totaled 430, down 9.5%. 24.7% of multifamily and mixed-use parcels carried a Motivated-Seller Score of 10 or higher, versus 16.4% citywide. Citizens Bank NA recorded 34 mortgages.

Market trends

Recorded sales volume by month

October 2024 – September 2026. Hover or tap a month for its figure.

$0$20M$40M$60M$80MOctober 2024: $18.3M in recorded salesNovember 2024: $11.1M in recorded salesDecember 2024: $15.7M in recorded salesJanuary 2025: $23.1M in recorded salesFebruary 2025: $15.7M in recorded salesMarch 2025: $30M in recorded salesApril 2025: $15.3M in recorded salesMay 2025: $47.9M in recorded salesJune 2025: $12.8M in recorded salesJuly 2025: $25.9M in recorded salesAugust 2025: $73.9M in recorded salesSeptember 2025: $62.2M in recorded salesOctober 2025: $11.7M in recorded salesNovember 2025: $14.1M in recorded salesDecember 2025: $35.1M in recorded salesJanuary 2026: $13.4M in recorded salesFebruary 2026: $13.6M in recorded salesMarch 2026: $16.4M in recorded salesApril 2026: $79.3M in recorded salesMay 2026: $7.2M in recorded salesJune 2026: $24.4M in recorded salesJuly 2026: $73.5M in recorded salesAugust 2026: $25.8M in recorded salesSeptember 2026: $15.8M in recorded sales$15.8MDec ’24Mar ’25Jun ’25Sep ’25Dec ’25Mar ’26Jun ’26Sep ’26
$0$20M$40M$60M$80MOctober 2024: $18.3M in recorded salesNovember 2024: $11.1M in recorded salesDecember 2024: $15.7M in recorded salesJanuary 2025: $23.1M in recorded salesFebruary 2025: $15.7M in recorded salesMarch 2025: $30M in recorded salesApril 2025: $15.3M in recorded salesMay 2025: $47.9M in recorded salesJune 2025: $12.8M in recorded salesJuly 2025: $25.9M in recorded salesAugust 2025: $73.9M in recorded salesSeptember 2025: $62.2M in recorded salesOctober 2025: $11.7M in recorded salesNovember 2025: $14.1M in recorded salesDecember 2025: $35.1M in recorded salesJanuary 2026: $13.4M in recorded salesFebruary 2026: $13.6M in recorded salesMarch 2026: $16.4M in recorded salesApril 2026: $79.3M in recorded salesMay 2026: $7.2M in recorded salesJune 2026: $24.4M in recorded salesJuly 2026: $73.5M in recorded salesAugust 2026: $25.8M in recorded salesSeptember 2026: $15.8M in recorded sales$15.8MMar ’25Sep ’25Mar ’26Sep ’26
Show the data
MonthSalesVolume
October 202414$18.3M
November 20247$11.1M
December 20247$15.7M
January 202512$23.1M
February 20257$15.7M
March 202514$30M
April 20256$15.3M
May 202514$47.9M
June 20258$12.8M
July 202513$25.9M
August 202513$73.9M
September 202514$62.2M
October 20257$11.7M
November 20255$14.1M
December 20259$35.1M
January 20267$13.4M
February 20267$13.6M
March 202611$16.4M
April 202627$79.3M
May 20265$7.2M
June 20268$24.4M
July 202612$73.5M
August 20268$25.8M
September 20268$15.8M

Median price per square foot

Rolling 3-month median of recorded sales with a building area. Gaps mean fewer than five priced sales.

$200$400$600$800October 2024: $470 per sq ft (3-month median)November 2024: $484 per sq ft (3-month median)December 2024: $475 per sq ft (3-month median)January 2025: $557 per sq ft (3-month median)February 2025: $464 per sq ft (3-month median)March 2025: $465 per sq ft (3-month median)April 2025: $398 per sq ft (3-month median)May 2025: $496 per sq ft (3-month median)June 2025: $459 per sq ft (3-month median)July 2025: $522 per sq ft (3-month median)August 2025: $457 per sq ft (3-month median)September 2025: $508 per sq ft (3-month median)October 2025: $508 per sq ft (3-month median)November 2025: $531 per sq ft (3-month median)December 2025: $477 per sq ft (3-month median)January 2026: $477 per sq ft (3-month median)February 2026: $505 per sq ft (3-month median)March 2026: $694 per sq ft (3-month median)April 2026: $416 per sq ft (3-month median)May 2026: $402 per sq ft (3-month median)June 2026: $289 per sq ft (3-month median)July 2026: $455 per sq ft (3-month median)August 2026: $549 per sq ft (3-month median)September 2026: $588 per sq ft (3-month median)$588Dec ’24Mar ’25Jun ’25Sep ’25Dec ’25Mar ’26Jun ’26Sep ’26
$200$400$600$800October 2024: $470 per sq ft (3-month median)November 2024: $484 per sq ft (3-month median)December 2024: $475 per sq ft (3-month median)January 2025: $557 per sq ft (3-month median)February 2025: $464 per sq ft (3-month median)March 2025: $465 per sq ft (3-month median)April 2025: $398 per sq ft (3-month median)May 2025: $496 per sq ft (3-month median)June 2025: $459 per sq ft (3-month median)July 2025: $522 per sq ft (3-month median)August 2025: $457 per sq ft (3-month median)September 2025: $508 per sq ft (3-month median)October 2025: $508 per sq ft (3-month median)November 2025: $531 per sq ft (3-month median)December 2025: $477 per sq ft (3-month median)January 2026: $477 per sq ft (3-month median)February 2026: $505 per sq ft (3-month median)March 2026: $694 per sq ft (3-month median)April 2026: $416 per sq ft (3-month median)May 2026: $402 per sq ft (3-month median)June 2026: $289 per sq ft (3-month median)July 2026: $455 per sq ft (3-month median)August 2026: $549 per sq ft (3-month median)September 2026: $588 per sq ft (3-month median)$588Mar ’25Sep ’25Mar ’26Sep ’26
Show the data
MonthMedian $/sf (3-mo)
October 2024$470
November 2024$484
December 2024$475
January 2025$557
February 2025$464
March 2025$465
April 2025$398
May 2025$496
June 2025$459
July 2025$522
August 2025$457
September 2025$508
October 2025$508
November 2025$531
December 2025$477
January 2026$477
February 2026$505
March 2026$694
April 2026$416
May 2026$402
June 2026$289
July 2026$455
August 2026$549
September 2026$588

Construction permits issued

Initial DOB NOW permits for construction work (sheds, fences, scaffolds and signs excluded) — a leading indicator of repositioning and new supply.

020406080October 2024: 28 construction permitsNovember 2024: 40 construction permitsDecember 2024: 24 construction permitsJanuary 2025: 23 construction permitsFebruary 2025: 42 construction permitsMarch 2025: 50 construction permitsApril 2025: 47 construction permitsMay 2025: 39 construction permitsJune 2025: 44 construction permitsJuly 2025: 51 construction permitsAugust 2025: 38 construction permitsSeptember 2025: 49 construction permitsOctober 2025: 33 construction permitsNovember 2025: 33 construction permitsDecember 2025: 34 construction permitsJanuary 2026: 37 construction permitsFebruary 2026: 47 construction permitsMarch 2026: 50 construction permitsApril 2026: 41 construction permitsMay 2026: 36 construction permitsJune 2026: 46 construction permitsJuly 2026: 63 construction permitsAugust 2026: 10 construction permitsSeptember 2026: 0 construction permits0Dec ’24Mar ’25Jun ’25Sep ’25Dec ’25Mar ’26Jun ’26Sep ’26
020406080October 2024: 28 construction permitsNovember 2024: 40 construction permitsDecember 2024: 24 construction permitsJanuary 2025: 23 construction permitsFebruary 2025: 42 construction permitsMarch 2025: 50 construction permitsApril 2025: 47 construction permitsMay 2025: 39 construction permitsJune 2025: 44 construction permitsJuly 2025: 51 construction permitsAugust 2025: 38 construction permitsSeptember 2025: 49 construction permitsOctober 2025: 33 construction permitsNovember 2025: 33 construction permitsDecember 2025: 34 construction permitsJanuary 2026: 37 construction permitsFebruary 2026: 47 construction permitsMarch 2026: 50 construction permitsApril 2026: 41 construction permitsMay 2026: 36 construction permitsJune 2026: 46 construction permitsJuly 2026: 63 construction permitsAugust 2026: 10 construction permitsSeptember 2026: 0 construction permits0Mar ’25Sep ’25Mar ’26Sep ’26
Show the data
MonthPermits
October 202428
November 202440
December 202424
January 202523
February 202542
March 202550
April 202547
May 202539
June 202544
July 202551
August 202538
September 202549
October 202533
November 202533
December 202534
January 202637
February 202647
March 202650
April 202641
May 202636
June 202646
July 202663
August 202610
September 20260

What trades here

Share of recorded sales by asset class, last 12 months.

Multifamily: 95 sales (83%)Multifamily83% · 95Mixed Use: 6 sales (5%)Mixed Use5% · 6Retail: 4 sales (4%)Retail4% · 4Development: 4 sales (4%)Development4% · 4Office: 3 sales (3%)Office3% · 3Other: 2 sales (2%)Other2% · 2
Multifamily: 95 sales (83%)Multifamily83% · 95Mixed Use: 6 sales (5%)Mixed Use5% · 6Retail: 4 sales (4%)Retail4% · 4Development: 4 sales (4%)Development4% · 4Office: 3 sales (3%)Office3% · 3Other: 2 sales (2%)Other2% · 2
Show the data
Asset classSales
Multifamily95
Mixed Use6
Retail4
Development4
Office3
Other2

Seller distress

24.7% of 4,499 multifamily and mixed-use parcels in Crown Heights South & Wingate carry a Motivated-Seller Score of 10+ as of November 2026, up from 6.4% in August 2026. Citywide the figure is 16.4%.

The score weighs estimated loan maturity, tax liens, open HPD violations, evictions, ownership tenure and transfer activity. It is a signal, not a prediction.

See the parcels behind this number →

Biggest sales last quarter

PropertyTypeRecordedPrice
1690 Union StreetMultifamilyJul 2026$57M
469 Troy AvenueSpecial PurposeAug 2026$10M
472 Lefferts AvenueMultifamilyAug 2026$4.8M
420 Eastern ParkwayMultifamilySep 2026$3.2M
277 Midwood StreetMultifamilySep 2026$2.9M

Most active lenders

Institutional mortgages recorded in the last 12 months.

  1. Citizens Bank NA34 loans · $21.8M
  2. JPMorgan Chase Bank, N.A.17 loans · $15.6M
  3. Fm Home Loans, LLC12 loans · $12.7M
  4. Wells Fargo Bank, N.A.5 loans · $34.3M
  5. S3 Re Perpetual Yield Funding LLC5 loans · $30.7M
Lender directory →

Largest owners

Income-property parcels held, public record (companies only).

  1. Empire Holdings LP16 parcels · 78 units
  2. Union Street Housing Development Fund Co Rp6 parcels · 119 units
  3. St. Mark Affordable Housing Development Fund Corp.6 parcels · 89 units
  4. Richgene Realty Corp6 parcels · 1 units
  5. 1198 Nostrand Avenue LLC5 parcels · 15 units
Largest Brooklyn landlords → · Owner directory

Off-market deals in Crown Heights South & Wingate

$3.5M6 Family Flatbush6 units
$2.6M3 Family Crown Heights3 units
$1.5M2 Family Prospect2 units
$2M10 Unit Multifamily Prospect10 units

All 19 listings in Crown Heights South & Wingate →

Frequently asked questions

What is the price per square foot for commercial and multifamily property in Crown Heights South & Wingate?

The median recorded sale was $489 per square foot across 109 priced income-property sales in the 12 months to September 2026, up 1% on the prior year.

How much do multifamily buildings sell for per unit in Crown Heights South & Wingate?

Multifamily and mixed-use buildings sold for a median of $545K per residential unit in the 12 months to September 2026, across 100 recorded sales.

How many commercial real estate sales were there in Crown Heights South & Wingate last year?

114 income-property sales worth $330.3M 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 Crown Heights South & Wingate?

The most active institutional lender over the last 12 months was Citizens Bank NA, with 34 recorded mortgages. The Crezly lender directory ranks every lender by recorded loans.

Track Crown Heights South & Wingate deals as they happen

New sales, permits, off-market listings and distress signals, in one weekly brief.
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Nearby neighborhoods

Property records in Crown Heights South & Wingate

Brooklyn market · NYC market overview · Brooklyn property records index · Brooklyn commercial real estate for sale · Motivated sellers · Lender directory · Property map

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.