Bay Ridge & Dyker Heights multifamily & commercial real estate market
Recorded sales, prices, construction, lending and ownership for income and commercial property in Bay Ridge & Dyker Heights, updated monthly from NYC public records. Data through July 2026. Covers Bay Ridge and Dyker Heights.
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$542M287 sales, last 12 months▲ 21.7% YoY
$583Median price / sq ft▲ 5.4% YoY
$625KMedian price / unit (multifamily)▲ 4.2% YoY
15Off-market listings on Crezly now
September 2026 summary
287 income-property sales were recorded in Bay Ridge & Dyker Heights in the 12 months ending July 2026, up 6.3% from the prior 12 months, with dollar volume of $542M, up 21.7%. The median price per square foot was $583, up 5.4%, and the median price per residential unit for multifamily and mixed-use properties was $625K, up 4.2%. 833 DOB construction permits were issued, down 2.7%. 1.1% of multifamily and mixed-use parcels carried a Motivated-Seller Score of 10 or higher, compared with 2.9% citywide. JPMorgan Chase Bank, N.A. was the most active lender, with 39 mortgages recorded.
Market trends
Recorded sales volume by month
August 2024 – July 2026. Hover or tap a month for its figure.
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Month
Sales
Volume
August 2024
12
$16M
September 2024
27
$45.8M
October 2024
27
$39.4M
November 2024
24
$38.3M
December 2024
26
$51.9M
January 2025
22
$32.6M
February 2025
17
$23.4M
March 2025
29
$41.6M
April 2025
26
$41.3M
May 2025
14
$24.2M
June 2025
27
$61.2M
July 2025
19
$29.6M
August 2025
37
$90.3M
September 2025
17
$26.5M
October 2025
24
$68.6M
November 2025
18
$29.8M
December 2025
34
$58.7M
January 2026
28
$43.7M
February 2026
15
$34.7M
March 2026
24
$43.2M
April 2026
17
$24M
May 2026
18
$28.4M
June 2026
29
$45.5M
July 2026
26
$48.4M
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)
August 2024
$522
September 2024
$525
October 2024
$524
November 2024
$551
December 2024
$524
January 2025
$509
February 2025
$516
March 2025
$579
April 2025
$582
May 2025
$582
June 2025
$561
July 2025
$577
August 2025
$578
September 2025
$583
October 2025
$606
November 2025
$579
December 2025
$606
January 2026
$585
February 2026
$600
March 2026
$589
April 2026
$589
May 2026
$568
June 2026
$567
July 2026
$572
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
August 2024
76
September 2024
75
October 2024
69
November 2024
82
December 2024
59
January 2025
49
February 2025
55
March 2025
82
April 2025
84
May 2025
75
June 2025
65
July 2025
85
August 2025
65
September 2025
68
October 2025
90
November 2025
82
December 2025
78
January 2026
55
February 2026
57
March 2026
72
April 2026
62
May 2026
81
June 2026
54
July 2026
69
What trades here
Share of recorded sales by asset class, last 12 months.
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Asset class
Sales
Multifamily
214
Mixed Use
39
Retail
14
Development
8
Office
8
Other
4
Seller distress
1.1% of 10,446 multifamily and mixed-use parcels in Bay Ridge & Dyker Heights carry a Motivated-Seller Score of 10+ as of September 2026, unchanged from 1.1% in August 2026. Citywide the figure is 2.9%.
Bay Ridge & Dyker Heights
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 Bay Ridge & Dyker Heights?
The median recorded sale was $583 per square foot across 277 priced income-property sales in the 12 months to July 2026, up 5.4% on the prior year.
How much do multifamily buildings sell for per unit in Bay Ridge & Dyker Heights?
Multifamily and mixed-use buildings sold for a median of $625K per residential unit in the 12 months to July 2026, across 253 recorded sales.
How many commercial real estate sales were there in Bay Ridge & Dyker Heights last year?
287 income-property sales worth $542M were recorded in the 12 months to July 2026 (deeds of $100,000 or more, excluding single-family homes and condo units).
Who lends on commercial property in Bay Ridge & Dyker Heights?
The most active institutional lender over the last 12 months was JPMorgan Chase Bank, N.A., with 39 recorded mortgages. The Crezly lender directory ranks every lender by recorded loans.
Track Bay Ridge & Dyker Heights 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 July 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.