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New York City’s multifamily market gained momentum in the third quarter, rising to $2.55 billion in sales, up 14% quarter-over-quarter and 17% year-over-year, according to Ariel Property Advisors’ Q3 2025 Multifamily Quarter in Review New York City.
30-Unit New Construction Mixed-Use Elevator Building with 421a Tax Abatement: 1127-1129 Flatbush Avenue
NOV
17
Encompassing 24,057 square feet and comprising of 30 total units, 28 apartments and two (2) commercial units; 10-years remaining on the 15-year term 421a Tax Exemption (current taxes are around 1$/SF)
Prime Mott Haven Development Opportunity: 114 Bruckner Boulevard
NOV
14
Situated on a 9,500 SF corner lot, the Development site offers 57,190 “as of right’ buildable square feet; 195’ of wraparound frontage on Bruckner Blvd. and Brown Pl. Positioned in the heart of Mott Haven’s flourishing new development scene
Prime Corner Mixed-Use Building in Boerum Hill: 292-294 Atlantic Avenue
NOV
11
The subject property is a 7,500 square foot, four (4) story walk-up that features 120’ of prime retail frontage; The building’s nine (9) units consist of one office space, three (3) retail units, and five (5) free market apartments - 100% Occupied.
