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Brooklyn Homes Fetch Big Paydays For Sellers

In particular, Brooklyn’s two- to three-family inventory netted sellers a median $439,000, the strongest return in the city for this asset type, according to PropertyShark.
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Brooklyn brownstones. Photo: Anna Bradley-Smith for BK Reader.

Brooklyn residents who sold their homes over the past decade have made over $150,000 in resale gains, according to a new report.

In Brooklyn, the typical seller netted a $159,000 resale gain between 2005 and 2025, second only to Staten Island's $164,000 according to a report from PropertyShark.

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.

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.

In particular, Brooklyn’s 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.

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. At 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.

In DUMBO, the real estate market resembled that of Manhattan, which was weighed down by a lackluster condo and co-op resale market that was not seen in Brooklyn, the report said. 

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.

These neighborhoods have highly-coveted rowhouses and brownstones, which was bolstered by limited inventory and even more limited expansion of that inventory over the past 20 years, the report said.

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.

Overall, 28 Brooklyn neighborhoods generated at least a $100,000 resale gain for the typical seller in 2025. Even Coney Island, the borough’s bottom performer outside DUMBO, netted a $26,000 gain for the typical 2025 seller.




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