clock menu more-arrow no yes mobile

Filed under:

Brooklyn Heights, Dumbo Win BK's Elitist Crowns

The Real Estate Board of New York has dropped its first-ever midyear sales report for Brooklyn, and as you probably could have guessed, the report shows widespread freefalling prices and thousands upon thousands of dirt-cheap bargains. Har. Admit it, we had you for about a tenth of a second. Anyhoo, the Post has the details of the report, which shows that, in fact, Brooklyn is kinda expensive. The first half numbers:

1) Average sales prices for one- and two-family homes was $586,000 in the first six months, up 15.6% from the same period last year.
2) Brooklyn Heights had the hightes sales price for one- and two-family homes, with an average of $3.1 million, or $891/sf.
3) Average apartment sold for $491,000, up 4%.
4) Dumbo/Fulton Ferry had the highest apartment sales prices, with an average of $1.3 million, or $780/sf.

And think twice about heading to Manhattan, paupers. The average apartment price in the first quarter of 2006 rose to $749,000. Yowza!
· B'klyn Height$ [NYPost]