According to New York City records, the median price for an apartment in Brooklyn in the month of May 2023 was $747,000. The price represents a 6.5% drop from last year’s median of $799,000. The number of sales for May, when compared to 2022, fell dramatically, dropping from 653 to 454 representing a year-over-year decrease of 30%. May is the eighth consecutive month that the number of year-over-year sales has dropped ...
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Sales have been launched at 733 Ocean Parkway, aka Arbor, a new residential condominium in Kensington, Brooklyn. The mid-block development is located between Parkville Avenue and Foster Avenue. 733 Ocean Parkway will rise nine floors and contain 30 residential apartments across floors two through nine. According to the offering plan, the residential component of 733 Ocean Parkway will have a sell out of $21.976 million. There are an additional seven deeded parking ...
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According to New York City records, the median price for an apartment in Brooklyn in the month of November 2022 was $733,000. The price represents a 3.4% dip from last year’s median of $758,596. The number of sales also dropped, falling from 535 to 469 representing a year-over-year decrease of 12.3%. What exactly does $733,000 get you in Brooklyn? Let’s take a closer look. Apartment 4-M at 811 Cortelyou Road in Kensington ...
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