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Crown Heights North & Prospect Heights multifamily & commercial real estate market

Recorded sales, prices, construction, lending and ownership for income and commercial property in Crown Heights North & Prospect Heights, updated monthly from NYC public records. Data through July 2026. Covers Crown Heights and Prospect Heights.

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$627M208 sales, last 12 months▲ 49.2% YoY
$491Median price / sq ft▼ 5.8% YoY
$525KMedian price / unit (multifamily)▼ 2% YoY
103Off-market listings on Crezly now
September 2026 summary

208 income-property sales were recorded in Crown Heights North & Prospect Heights over the 12 months ending July 2026, up 17.5% from the prior 12 months, with dollar volume of $627M, up 49.2%. The median price per square foot was $491, down 5.8%, and the median price per residential unit for multifamily and mixed-use properties was $525K, down 2%. 727 DOB construction permits were issued, down 10.2%. 5.6% 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, recording 30 mortgages.

Market trends

Recorded sales volume by month

August 2024 – July 2026. Hover or tap a month for its figure.

$0$50M$100M$150M$200MAugust 2024: $24.3M in recorded salesSeptember 2024: $33.9M in recorded salesOctober 2024: $31.5M in recorded salesNovember 2024: $39.7M in recorded salesDecember 2024: $26M in recorded salesJanuary 2025: $30.4M in recorded salesFebruary 2025: $29.2M in recorded salesMarch 2025: $21.3M in recorded salesApril 2025: $30.3M in recorded salesMay 2025: $38.9M in recorded salesJune 2025: $44.3M in recorded salesJuly 2025: $70.2M in recorded salesAugust 2025: $45.6M in recorded salesSeptember 2025: $53M in recorded salesOctober 2025: $46.6M in recorded salesNovember 2025: $25.8M in recorded salesDecember 2025: $45.2M in recorded salesJanuary 2026: $36.3M in recorded salesFebruary 2026: $23.7M in recorded salesMarch 2026: $108.5M in recorded salesApril 2026: $120M in recorded salesMay 2026: $45.3M in recorded salesJune 2026: $53.1M in recorded salesJuly 2026: $23.9M in recorded sales$23.9MOct ’24Jan ’25Apr ’25Jul ’25Oct ’25Jan ’26Apr ’26Jul ’26
$0$50M$100M$150M$200MAugust 2024: $24.3M in recorded salesSeptember 2024: $33.9M in recorded salesOctober 2024: $31.5M in recorded salesNovember 2024: $39.7M in recorded salesDecember 2024: $26M in recorded salesJanuary 2025: $30.4M in recorded salesFebruary 2025: $29.2M in recorded salesMarch 2025: $21.3M in recorded salesApril 2025: $30.3M in recorded salesMay 2025: $38.9M in recorded salesJune 2025: $44.3M in recorded salesJuly 2025: $70.2M in recorded salesAugust 2025: $45.6M in recorded salesSeptember 2025: $53M in recorded salesOctober 2025: $46.6M in recorded salesNovember 2025: $25.8M in recorded salesDecember 2025: $45.2M in recorded salesJanuary 2026: $36.3M in recorded salesFebruary 2026: $23.7M in recorded salesMarch 2026: $108.5M in recorded salesApril 2026: $120M in recorded salesMay 2026: $45.3M in recorded salesJune 2026: $53.1M in recorded salesJuly 2026: $23.9M in recorded sales$23.9MJan ’25Jul ’25Jan ’26Jul ’26
Show the data
MonthSalesVolume
August 202411$24.3M
September 202417$33.9M
October 202415$31.5M
November 202415$39.7M
December 202416$26M
January 202516$30.4M
February 20259$29.2M
March 202512$21.3M
April 202516$30.3M
May 202515$38.9M
June 202517$44.3M
July 202518$70.2M
August 202522$45.6M
September 202523$53M
October 202515$46.6M
November 202518$25.8M
December 202514$45.2M
January 202616$36.3M
February 202615$23.7M
March 202616$108.5M
April 202622$120M
May 202617$45.3M
June 202617$53.1M
July 202613$23.9M

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$800August 2024: $438 per sq ft (3-month median)September 2024: $452 per sq ft (3-month median)October 2024: $520 per sq ft (3-month median)November 2024: $521 per sq ft (3-month median)December 2024: $523 per sq ft (3-month median)January 2025: $479 per sq ft (3-month median)February 2025: $519 per sq ft (3-month median)March 2025: $553 per sq ft (3-month median)April 2025: $575 per sq ft (3-month median)May 2025: $573 per sq ft (3-month median)June 2025: $573 per sq ft (3-month median)July 2025: $550 per sq ft (3-month median)August 2025: $523 per sq ft (3-month median)September 2025: $598 per sq ft (3-month median)October 2025: $525 per sq ft (3-month median)November 2025: $486 per sq ft (3-month median)December 2025: $421 per sq ft (3-month median)January 2026: $425 per sq ft (3-month median)February 2026: $460 per sq ft (3-month median)March 2026: $419 per sq ft (3-month median)April 2026: $404 per sq ft (3-month median)May 2026: $477 per sq ft (3-month median)June 2026: $513 per sq ft (3-month median)July 2026: $515 per sq ft (3-month median)$515Oct ’24Jan ’25Apr ’25Jul ’25Oct ’25Jan ’26Apr ’26Jul ’26
$200$400$600$800August 2024: $438 per sq ft (3-month median)September 2024: $452 per sq ft (3-month median)October 2024: $520 per sq ft (3-month median)November 2024: $521 per sq ft (3-month median)December 2024: $523 per sq ft (3-month median)January 2025: $479 per sq ft (3-month median)February 2025: $519 per sq ft (3-month median)March 2025: $553 per sq ft (3-month median)April 2025: $575 per sq ft (3-month median)May 2025: $573 per sq ft (3-month median)June 2025: $573 per sq ft (3-month median)July 2025: $550 per sq ft (3-month median)August 2025: $523 per sq ft (3-month median)September 2025: $598 per sq ft (3-month median)October 2025: $525 per sq ft (3-month median)November 2025: $486 per sq ft (3-month median)December 2025: $421 per sq ft (3-month median)January 2026: $425 per sq ft (3-month median)February 2026: $460 per sq ft (3-month median)March 2026: $419 per sq ft (3-month median)April 2026: $404 per sq ft (3-month median)May 2026: $477 per sq ft (3-month median)June 2026: $513 per sq ft (3-month median)July 2026: $515 per sq ft (3-month median)$515Jan ’25Jul ’25Jan ’26Jul ’26
Show the data
MonthMedian $/sf (3-mo)
August 2024$438
September 2024$452
October 2024$520
November 2024$521
December 2024$523
January 2025$479
February 2025$519
March 2025$553
April 2025$575
May 2025$573
June 2025$573
July 2025$550
August 2025$523
September 2025$598
October 2025$525
November 2025$486
December 2025$421
January 2026$425
February 2026$460
March 2026$419
April 2026$404
May 2026$477
June 2026$513
July 2026$515

Construction permits issued

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

050100150200August 2024: 101 construction permitsSeptember 2024: 111 construction permitsOctober 2024: 71 construction permitsNovember 2024: 55 construction permitsDecember 2024: 57 construction permitsJanuary 2025: 65 construction permitsFebruary 2025: 51 construction permitsMarch 2025: 52 construction permitsApril 2025: 54 construction permitsMay 2025: 47 construction permitsJune 2025: 69 construction permitsJuly 2025: 77 construction permitsAugust 2025: 66 construction permitsSeptember 2025: 72 construction permitsOctober 2025: 67 construction permitsNovember 2025: 47 construction permitsDecember 2025: 53 construction permitsJanuary 2026: 53 construction permitsFebruary 2026: 52 construction permitsMarch 2026: 65 construction permitsApril 2026: 55 construction permitsMay 2026: 50 construction permitsJune 2026: 73 construction permitsJuly 2026: 74 construction permits74Oct ’24Jan ’25Apr ’25Jul ’25Oct ’25Jan ’26Apr ’26Jul ’26
050100150200August 2024: 101 construction permitsSeptember 2024: 111 construction permitsOctober 2024: 71 construction permitsNovember 2024: 55 construction permitsDecember 2024: 57 construction permitsJanuary 2025: 65 construction permitsFebruary 2025: 51 construction permitsMarch 2025: 52 construction permitsApril 2025: 54 construction permitsMay 2025: 47 construction permitsJune 2025: 69 construction permitsJuly 2025: 77 construction permitsAugust 2025: 66 construction permitsSeptember 2025: 72 construction permitsOctober 2025: 67 construction permitsNovember 2025: 47 construction permitsDecember 2025: 53 construction permitsJanuary 2026: 53 construction permitsFebruary 2026: 52 construction permitsMarch 2026: 65 construction permitsApril 2026: 55 construction permitsMay 2026: 50 construction permitsJune 2026: 73 construction permitsJuly 2026: 74 construction permits74Jan ’25Jul ’25Jan ’26Jul ’26
Show the data
MonthPermits
August 2024101
September 2024111
October 202471
November 202455
December 202457
January 202565
February 202551
March 202552
April 202554
May 202547
June 202569
July 202577
August 202566
September 202572
October 202567
November 202547
December 202553
January 202653
February 202652
March 202665
April 202655
May 202650
June 202673
July 202674

What trades here

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

Multifamily: 152 sales (73%)Multifamily73% · 152Mixed Use: 29 sales (14%)Mixed Use14% · 29Other: 15 sales (7%)Other7% · 15Retail: 4 sales (2%)Retail2% · 4Development: 4 sales (2%)Development2% · 4Industrial: 3 sales (1%)Industrial1% · 3Office: 1 sales (0%)Office0% · 1
Multifamily: 152 sales (73%)Multifamily73% · 152Mixed Use: 29 sales (14%)Mixed Use14% · 29Other: 15 sales (7%)Other7% · 15Retail: 4 sales (2%)Retail2% · 4Development: 4 sales (2%)Development2% · 4Industrial: 3 sales (1%)Industrial1% · 3Office: 1 sales (0%)Office0% · 1
Show the data
Asset classSales
Multifamily152
Mixed Use29
Other15
Retail4
Development4
Industrial3
Office1

Seller distress

5.6% of 6,434 multifamily and mixed-use parcels in Crown Heights North & Prospect Heights carry a Motivated-Seller Score of 10+ as of September 2026, down from 5.8% in August 2026. Citywide the figure is 2.9%.

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
17 Eastern ParkwaySpecial PurposeJun 2026$17M
1062 Atlantic AvenueSpecial PurposeJun 2026$7.7M
1467 Bedford AvenueMultifamilyMay 2026$6.8M
209 Prospect PlaceMultifamilyMay 2026$6.3M
1277 Lincoln PlaceMultifamilyJul 2026$4.8M

Most active lenders

Institutional mortgages recorded in the last 12 months.

  1. JPMorgan Chase Bank, N.A.30 loans · $31M
  2. Citizens Bank NA22 loans · $76.5M
  3. Valley National Bank15 loans · $138.9M
  4. Broadview Capital LLC12 loans · $18.6M
  5. Rocket Mortgage, LLC12 loans · $4M
Lender directory →

Largest owners

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

  1. Bec Continuum Housing Development Fund Company INC26 parcels · 313 units
  2. Townhouse Rental, L.L.C.17 parcels · 70 units
  3. Crown Prospect Associates Limited Partnership16 parcels · 128 units
  4. Pacific Village L.P.15 parcels · 143 units
  5. Hp Mjm Housing Development Fund Company, INC.,14 parcels · 111 units
Largest Brooklyn landlords → · Owner directory

Off-market deals in Crown Heights North & Prospect Heights

$6.2MDevelopment Site Prospect Heights
$2.9MSingle Family Prospect Heights
$1.2M2 Family Crown Heights2 units
$1.6M7 Family Crown Heights7 units

All 103 listings in Crown Heights North & Prospect Heights →

Frequently asked questions

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

The median recorded sale was $491 per square foot across 200 priced income-property sales in the 12 months to July 2026, down 5.8% on the prior year.

How much do multifamily buildings sell for per unit in Crown Heights North & Prospect Heights?

Multifamily and mixed-use buildings sold for a median of $525K per residential unit in the 12 months to July 2026, across 181 recorded sales.

How many commercial real estate sales were there in Crown Heights North & Prospect Heights last year?

208 income-property sales worth $627M 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 Crown Heights North & Prospect Heights?

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 Crown Heights North & Prospect Heights deals as they happen

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Nearby neighborhoods

Property records in Crown Heights North & Prospect Heights

Brooklyn market · NYC market overview · Brooklyn property records index · Motivated sellers · Lender directory · Property map

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.