A snapshot of recorded transactions across the Bedford-Stuyvesant & Crown Heights sub-market for the third quarter of 2026, covering central Brooklyn multifamily, development, conversion and industrial activity.
A high-level review of Q3 2026 investment-sales activity in Bed-Stuy & Crown Heights — volume, trends, and the points that defined the quarter.
Four views of Q3 2026 activity — historical context, year-over-year composition, asset-class mix, and neighborhood concentration.
| Asset class | $ vol | % DV | % Tx | |
|---|---|---|---|---|
| Multifamily | $61.2M | 53.0% | 65.8% | |
| Development | $41.6M | 36.0% | 23.7% | |
| Conversion | $6.5M | 5.7% | 2.6% | |
| Industrial | $3.8M | 3.3% | 2.6% | |
| Special Purpose | $1.2M | 1.0% | 2.6% | |
| Retail | $1.1M | 0.9% | 2.6% |
| Neighborhood | Tx | $ vol | |
|---|---|---|---|
| Bedford-Stuyvesant | 19 | $74.5M | |
| Crown Heights | 11 | $23.2M | |
| Prospect Lefferts Gardens | 4 | $10.4M | |
| Prospect Heights | 2 | $5.0M | |
| East Flatbush | 2 | $2.4M |
Each Q3 2026 transaction is plotted by neighborhood (points are clustered at neighborhood centroids). Bubbles are colored by asset class and sized by sale price — the $23.5MM 1150-1164 Broadway development and the $6.5MM 1241 Bedford Avenue conversion read as the dominant bubbles across Bedford-Stuyvesant. Click any bubble for the deal details.
Near-term catalysts likely to shape Bed-Stuy & Crown Heights deal flow over the next two quarters.
Twenty-five multifamily trades — two-thirds of all deals — show a deep bid for Bed-Stuy and Crown Heights rent-stabilized stock at a ~$358K/unit median. Watch whether larger portfolios like Oak Tree's 46-unit Bed-Stuy package return to lift dollar volume into Q4.
Development held 36% of dollar volume, anchored by the $23.5MM 1150-1164 Broadway trade. Watch continued land accumulation along Broadway, Atlantic Avenue and the Halsey/Quincy corridors as developers underwrite new rental supply.
The $6.53MM 1241 Bedford Avenue conversion and 75-77 Spencer Street industrial trade show high-basis niche demand. Watch whether conversion economics and last-mile industrial expand beyond one-off trades in central Brooklyn.
Q3's $2.14MM median ticket spanned small walk-ups to a $23.5MM development. The pace of $10MM+ closings into Q4 2026 will track financing costs; an easing rate path would bring back the development and portfolio trades that move dollar volume.
Complete transaction log for Q3 2026, grouped by property type (largest first within each type). Development trades show N/A for $/SF (the relevant metric is $/BSF); conversions, multifamily, retail, office and hotel show N/A for $/BSF (the relevant metric is $/SF). $/Unit is reported only for multifamily product with residential units. Footer $/BSF averages cover development trades only; $/SF averages exclude development.
| Address | Date | Price | Property type | $/SF | $/BSF | $/Unit |
|---|---|---|---|---|---|---|
| 1277 Lincoln Pl (3-1383-49) | 7/1/2026 | $4,800,000 | MF-MU 6-9 resi units | $657 | N/A | $800,000 |
| 451 Classon Ave (3-1973-1) | 7/2/2026 | $1,500,000 | MF-MU Small | $465 | N/A | $375,000 |
| 704 Lefferts Ave (3-1428-31) | 7/7/2026 | $1,175,000 | Development | N/A | $142 | N/A |
| 706 Nostrand Ave (3-1226-47) | 7/7/2026 | $1,200,000 | Development | N/A | $133 | N/A |
| 849 Park Pl (3-1234-72,113) | 7/10/2026 | $2,250,000 | MF-MU 6-9 resi units | $510 | N/A | $375,000 |
| 368 Hancock St (3-1840-43) | 7/13/2026 | $1,800,000 | MF-MU 6-9 resi units | $562 | N/A | $300,000 |
| 564 Schenectady Ave (3-4826-16) | 7/14/2026 | $1,200,000 | Special Purpose | $372 | N/A | N/A |
| 53 Hart St (3-1766-65) | 7/14/2026 | $1,500,000 | MF-MU 6-9 resi units | $641 | N/A | $214,286 |
| 487 Prospect Pl (3-1155-63) | 7/23/2026 | $1,250,000 | MF-MU 6-9 resi units | $141 | N/A | $156,250 |
| 75-77 Spencer St (3-1735-61,62) | 7/27/2026 | $3,835,000 | Industrial | $872 | N/A | N/A |
| 1150-1164 Broadway (3-1608-27,34) | 7/30/2026 | $23,500,000 | Development | N/A | $175 | N/A |
| 149 Pulaski St (3-1772-78) | 7/30/2026 | $2,500,000 | Development | N/A | $500 | N/A |
| 480 Lefferts Ave (3-1332-7) | 7/30/2026 | $4,825,000 | MF-MU 10+ resi units | $105 | N/A | $100,521 |
| 71 Quincy St (3-1970-60) | 7/31/2026 | $2,335,000 | Development | N/A | $370 | N/A |
| 420 Eastern Pkwy (3-1267-14) | 8/10/2026 | $3,194,519 | MF-MU 10+ resi units | $196 | N/A | $199,657 |
| 488 Lafayette Ave (3-1950-30) | 8/10/2026 | $2,200,000 | Development | N/A | $297 | N/A |
| Oak Tree Management Bed-Stuy MF Portfolio | 8/11/2026 | $6,400,000 | MF-MU 10+ resi units | $192 | N/A | $139,130 |
| 631 Halsey St (3-1662-56) | 8/14/2026 | $1,245,910 | MF-MU 10+ resi units | $385 | N/A | $88,994 |
| 733 Dekalb Ave (3-1775-58) | 8/24/2026 | $2,800,000 | MF-MU Small | $574 | N/A | $560,000 |
| 276 Throop Ave (3-1760-48) | 8/24/2026 | $3,850,000 | MF-MU 6-9 resi units | $430 | N/A | $481,250 |
| 858 Atlantic Ave (3-1122-11) | 8/25/2026 | $3,900,000 | Development | N/A | $160 | N/A |
| 693 Halsey St (3-1663-73) | 8/27/2026 | $1,220,000 | MF-MU 6-9 resi units | $201 | N/A | $203,333 |
| 1041 Bedford Ave (3-1793-5) | 8/27/2026 | $2,925,000 | MF-MU 6-9 resi units | $508 | N/A | $417,857 |
| 308-312 Halsey St (3-1846-35,36,37) | 8/31/2026 | $3,400,000 | Development | N/A | $283 | N/A |
| 397 Flatbush Ave #1B (3-1169-1050) | 9/1/2026 | $1,075,000 | Retail | $907 | N/A | N/A |
| 1535 Park Pl (3-1368-66) | 9/2/2026 | $1,610,000 | MF-MU 6-9 resi units | $268 | N/A | $268,333 |
| 1020 Bedford Ave (3-1942-37) | 9/3/2026 | $2,865,000 | MF-MU 6-9 resi units | $398 | N/A | $358,125 |
| 641 Washington Ave (3-1147-10) | 9/9/2026 | $1,400,000 | Development | N/A | $372 | N/A |
| 327 Franklin Ave (3-1954-2) | 9/10/2026 | $1,234,685 | MF-MU 10+ resi units | $101 | N/A | $77,168 |
| 619 Classon Ave (3-1126-6) | 9/10/2026 | $1,475,000 | MF-MU Small | $706 | N/A | $491,667 |
| 847 Park Pl (3-1234-73) | 9/11/2026 | $2,075,000 | MF-MU 6-9 resi units | $524 | N/A | $259,375 |
| 1074 Nostrand Ave (3-1329-46) | 9/11/2026 | $1,850,000 | MF-MU Small | $617 | N/A | $616,667 |
| 1241 Bedford Ave (3-1842-1) | 9/14/2026 | $6,525,000 | Conversion | $869 | N/A | N/A |
| 1490 Saint Johns Pl (3-1385-32) | 9/17/2026 | $2,565,625 | MF-MU 6-9 resi units | $399 | N/A | $320,703 |
| 233 Utica Ave (3-1379-2) | 9/28/2026 | $1,400,000 | MF-MU Small | $320 | N/A | $466,667 |
| 731 Flatbush Ave (3-5055-5) | 9/29/2026 | $1,850,000 | MF-MU Small | $457 | N/A | $616,667 |
| 222 Monroe St (3-1818-4) | 9/30/2026 | $2,900,000 | MF-MU 6-9 resi units | $604 | N/A | $414,286 |
| 600 Flatbush Ave (3-5026-150) | 9/30/2026 | $1,850,000 | MF-MU Small | $479 | N/A | $616,667 |
| AVERAGES | $3,038,967 | $464 | $270 | $356,704 | ||
| MEDIAN | $2,137,500 | $465 | $283 | $358,125 |
Reach out with questions on the data, the market, or specific transactions.
