In particular, Brooklyn\u2019s two- to three-family inventory netted sellers a median $439,000, the strongest return in the city for this asset type, according to PropertyShark.<\/p>\n
Brooklyn residents who sold their homes over the past decade have made over $150,000 in resale gains, according to a new report.<\/p>\n
In Brooklyn, the typical seller netted a $159,000\u00a0resale gain between 2005 and 2025, second only to Staten Island’s $164,000\u00a0according to a report <\/a>from PropertyShark<\/a>.<\/p>\n Brooklyn’s results held up across every property type, price range and purchase period, with one exception: DUMBO. In the borough’s most condo-heavy submarket, the typical seller walked away with a $28,000 loss, according to the report.<\/p>\n Overall, citywide co-op and condo resales both turned negative for pandemic-era buyers, losing a median $11,000 and $14,000, respectively. Houses, however, stayed positive in every cohort, but their magnitudes shrank: For two- to three-family homes, the median resale gain was halved for pandemic buyers, the report said.<\/p>\n In particular, Brooklyn\u2019s two- to three-family inventory netted sellers a median $439,000, the strongest return in the city for this asset type. Single family homes were next, closing with a $309,000 gain for the typical Brooklyn seller.<\/p>\n Additionally, Brooklyn apartments held up better than apartments anywhere else in the city, as co-ops cleared a median $70,000 gain and condos $108,000 gain.\u00a0At the top of the market ($3 million and over) Brooklyn returned a median of $1.37 million gain, for the strongest luxury-tier performance in the city.<\/p>\n In DUMBO, the real estate\u00a0market resembled that of Manhattan, which was weighed down by a lackluster condo and co-op resale market that was not seen in Brooklyn,\u00a0the report said.\u00a0<\/p>\n Borough Park topped the borough (and the city) at a median resale gain of $409,000. Ocean Hill, Bedford-Stuyvesant and Bensonhurst all netted $300,000 or more for the typical seller, with Crown Heights and Greenwood Heights close behind.<\/p>\n These neighborhoods\u00a0have highly-coveted rowhouses and brownstones, which\u00a0was bolstered by limited inventory and even more limited expansion of that inventory over the past 20 years, the report said.<\/p>\n Additionally, two- to three-family homes maintained deep demand from owner-occupied use paired with small multifamily rental income as well as from multigenerational households.<\/p>\n Overall, 28 Brooklyn neighborhoods generated at least a $100,000 resale gain for the typical seller in 2025. Even Coney Island, the borough\u2019s bottom performer outside DUMBO, netted a $26,000 gain for the typical 2025 seller.<\/p>\n","protected":false},"excerpt":{"rendered":"In particular, Brooklyn\u2019s two- to three-family inventory netted sellers a median $439,000, the strongest return in the city…\n","protected":false},"author":2,"featured_media":281898,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[98,100,99,9,24,63,108099],"class_list":["post-281897","post","type-post","status-publish","format-standard","has-post-thumbnail","category-brooklyn","tag-brooklyn","tag-brooklyn-headlines","tag-brooklyn-news","tag-new-york","tag-new-york-city","tag-nyc","tag-real-estatehomespropertyshark"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/281897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=281897"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/281897\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/281898"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=281897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=281897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=281897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}