Canarsie & Flatlands multifamily & commercial real estate market
Recorded sales, prices, construction, lending and ownership for income and commercial property in Canarsie & Flatlands, updated monthly from NYC public records. Data through July 2026. Covers Canarsie, Flatlands, Bergen Beach and Mill Basin.
Get new sales, permits and off-market deals here in your weekly Pulse brief.
$450.1M445 sales, last 12 months▲ 2.1% YoY
$415Median price / sq ft▲ 3.5% YoY
$413KMedian price / unit (multifamily)▲ 3.3% YoY
58Off-market listings on Crezly now
September 2026 summary
445 income-property sales were recorded in Canarsie & Flatlands in the 12 months ending July 2026, down 2.6% from the prior 12 months, while dollar volume of those sales reached $450.1M, up 2.1%. The median price per square foot was $415, up 3.5%, and the median price per residential unit for multifamily and mixed-use properties was $413K, up 3.3%. DOB construction permits totaled 884, down 4.3%. 0.7% of multifamily and mixed-use parcels carried a Motivated-Seller Score of 10 or higher, compared with 2.9% citywide. Rocket Mortgage, LLC was the most active lender, with 97 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
26
$26.4M
September 2024
32
$35.2M
October 2024
51
$40M
November 2024
45
$43.7M
December 2024
43
$41.8M
January 2025
35
$29.1M
February 2025
39
$35.3M
March 2025
33
$27.6M
April 2025
41
$39.2M
May 2025
36
$41.3M
June 2025
37
$47.8M
July 2025
39
$33.4M
August 2025
34
$32.3M
September 2025
44
$49M
October 2025
41
$35.8M
November 2025
34
$36.1M
December 2025
38
$30.8M
January 2026
43
$58.2M
February 2026
46
$38.6M
March 2026
37
$41.9M
April 2026
37
$36.6M
May 2026
38
$38.4M
June 2026
29
$28.9M
July 2026
24
$23.5M
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
$399
September 2024
$400
October 2024
$389
November 2024
$379
December 2024
$397
January 2025
$403
February 2025
$424
March 2025
$398
April 2025
$403
May 2025
$413
June 2025
$406
July 2025
$405
August 2025
$400
September 2025
$401
October 2025
$413
November 2025
$420
December 2025
$423
January 2026
$434
February 2026
$406
March 2026
$404
April 2026
$398
May 2026
$419
June 2026
$429
July 2026
$426
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
80
October 2024
83
November 2024
84
December 2024
79
January 2025
70
February 2025
73
March 2025
83
April 2025
69
May 2025
66
June 2025
85
July 2025
76
August 2025
87
September 2025
71
October 2025
107
November 2025
78
December 2025
81
January 2026
48
February 2026
63
March 2026
76
April 2026
70
May 2026
56
June 2026
71
July 2026
76
What trades here
Share of recorded sales by asset class, last 12 months.
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Asset class
Sales
Multifamily
408
Mixed Use
14
Retail
10
Other
8
Development
3
Office
2
Seller distress
0.7% of 18,189 multifamily and mixed-use parcels in Canarsie & Flatlands carry a Motivated-Seller Score of 10+ as of September 2026, unchanged from 0.7% in August 2026. Citywide the figure is 2.9%.
Canarsie & Flatlands
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 Canarsie & Flatlands?
The median recorded sale was $415 per square foot across 441 priced income-property sales in the 12 months to July 2026, up 3.5% on the prior year.
How much do multifamily buildings sell for per unit in Canarsie & Flatlands?
Multifamily and mixed-use buildings sold for a median of $413K per residential unit in the 12 months to July 2026, across 422 recorded sales.
How many commercial real estate sales were there in Canarsie & Flatlands last year?
445 income-property sales worth $450.1M 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 Canarsie & Flatlands?
The most active institutional lender over the last 12 months was Rocket Mortgage, LLC, with 97 recorded mortgages. The Crezly lender directory ranks every lender by recorded loans.
Track Canarsie & Flatlands 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.