Brooklyn | June 2023

According to New York City records, the median price for an apartment in Brooklyn in the month of June 2023 was $765,444.  The price represents a 7.2% drop from last year’s median of $824,783. The number of sales for June, when compared to 2022, fell dramatically, dropping from 851 to 472 representing a year-over-year decrease of 45%.   June is the ninth consecutive month that the number of year-over-year sales has dropped ...

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Condo Sales Launched at 323 Lenox Road, Brooklyn

Sales have been launched at 323 Lenox Road, a new seven-story condominium in the Flatbush neighborhood of Brooklyn.  The mid-block development is located between Nostrand Avenue and New York Avenue in close proximity to a cluster of medical facilities including Kings County Hospital Center and SUNY Downstate Medical Center. The condominium will contain 47 residential units, which shall include ten two-bedroom apartments and 37 one-bedroom units.  All but two of the ...

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