Park Slope, Carroll Gardens & Red Hook multifamily & commercial real estate market
Recorded sales, prices, construction, lending and ownership for income and commercial property in Park Slope, Carroll Gardens & Red Hook, updated monthly from NYC public records. Data through July 2026. Covers Park Slope, Carroll Gardens, Red Hook, Cobble Hill and Gowanus.
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$1.6B312 sales, last 12 months▼ 5.9% YoY
$1,064Median price / sq ft▲ 5.7% YoY
$1.1MMedian price / unit (multifamily)▲ 14.5% YoY
57Off-market listings on Crezly now
September 2026 summary
312 income-property sales were recorded in Park Slope, Carroll Gardens & Red Hook over the 12 months ending July 2026, totaling $1.6B in dollar volume. Sales count was down 1.9% and dollar volume down 5.9% versus the prior 12 months. Pricing moved higher: the median price per square foot was $1,064, up 5.7%, and the median price per residential unit for multifamily and mixed-use properties was $1.1M, up 14.5%. 2,026 DOB construction permits were issued, up 11%. 1% of multifamily and mixed-use parcels carried a Motivated-Seller Score of 10 or above, compared with 2.9% citywide. JPMorgan Chase Bank, N.A. recorded 59 mortgages, the most of any lender.
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
27
$161.3M
September 2024
20
$66.8M
October 2024
20
$91.1M
November 2024
25
$101.5M
December 2024
28
$274.5M
January 2025
51
$194.1M
February 2025
23
$89.9M
March 2025
23
$145.2M
April 2025
24
$126.7M
May 2025
22
$246M
June 2025
17
$50.9M
July 2025
38
$129.6M
August 2025
23
$97M
September 2025
43
$157.3M
October 2025
19
$63.5M
November 2025
21
$126.3M
December 2025
22
$156.7M
January 2026
32
$178.1M
February 2026
26
$265.2M
March 2026
28
$134.8M
April 2026
26
$109.2M
May 2026
25
$97.3M
June 2026
21
$82.3M
July 2026
26
$111.1M
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
$1,022
September 2024
$1,041
October 2024
$1,080
November 2024
$1,030
December 2024
$1,000
January 2025
$987
February 2025
$972
March 2025
$952
April 2025
$906
May 2025
$952
June 2025
$956
July 2025
$1,054
August 2025
$1,170
September 2025
$1,084
October 2025
$1,080
November 2025
$1,039
December 2025
$1,130
January 2026
$1,028
February 2026
$964
March 2026
$960
April 2026
$1,059
May 2026
$1,096
June 2026
$1,128
July 2026
$1,072
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
161
September 2024
139
October 2024
173
November 2024
134
December 2024
129
January 2025
121
February 2025
142
March 2025
166
April 2025
151
May 2025
160
June 2025
145
July 2025
205
August 2025
157
September 2025
163
October 2025
177
November 2025
148
December 2025
177
January 2026
166
February 2026
149
March 2026
174
April 2026
141
May 2026
157
June 2026
209
July 2026
208
What trades here
Share of recorded sales by asset class, last 12 months.
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Asset class
Sales
Multifamily
237
Mixed Use
35
Industrial
12
Other
10
Retail
7
Development
6
Office
5
Seller distress
1% of 9,952 multifamily and mixed-use parcels in Park Slope, Carroll Gardens & Red Hook carry a Motivated-Seller Score of 10+ as of September 2026, unchanged from 1% in August 2026. Citywide the figure is 2.9%.
Park Slope, Carroll Gardens & Red Hook
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 Park Slope, Carroll Gardens & Red Hook?
The median recorded sale was $1,064 per square foot across 302 priced income-property sales in the 12 months to July 2026, up 5.7% on the prior year.
How much do multifamily buildings sell for per unit in Park Slope, Carroll Gardens & Red Hook?
Multifamily and mixed-use buildings sold for a median of $1.1M per residential unit in the 12 months to July 2026, across 272 recorded sales.
How many commercial real estate sales were there in Park Slope, Carroll Gardens & Red Hook last year?
312 income-property sales worth $1.6B 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 Park Slope, Carroll Gardens & Red Hook?
The most active institutional lender over the last 12 months was JPMorgan Chase Bank, N.A., with 59 recorded mortgages. The Crezly lender directory ranks every lender by recorded loans.
Track Park Slope, Carroll Gardens & Red Hook 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.