A snapshot of recorded transactions across the Downtown Brooklyn sub-market for the first quarter of 2026, covering multifamily, development, retail, industrial, office, and hotel activity.
A concise executive summary of Q1 2026 investment sales activity across Downtown Brooklyn.
Four views of Q1 2026 activity — historical context, year-over-year composition, asset-class mix, neighborhood concentration.
| Asset class | $ vol | % DV | % Tx | |
|---|---|---|---|---|
| Development | $235.0M | 55.0% | 30.0% | |
| Office | $55.0M | 12.9% | 2.5% | |
| MF-MU Small | $50.2M | 11.7% | 32.5% | |
| MF-MU 10+ | $47.6M | 11.1% | 10.0% | |
| MF-MU 6-9 | $28.1M | 6.6% | 17.5% | |
| Ind / WH / Sto | $8.1M | 1.9% | 5.0% | |
| Retail | $3.8M | 0.9% | 2.5% |
| Neighborhood | Tx | $ vol | |
|---|---|---|---|
| Cobble Hill | 5 | $150.4M | |
| Gowanus | 4 | $81.7M | |
| Downtown Brooklyn | 1 | $55.0M | |
| Boerum Hill | 4 | $33.4M | |
| Brooklyn Heights | 3 | $27.9M | |
| Park Slope | 5 | $24.5M | |
| Carroll Gardens | 3 | $14.0M | |
| South Slope | 4 | $11.7M | |
| Red Hook | 3 | $10.8M | |
| Clinton Hill | 4 | $8.1M | |
| Fort Greene | 3 | $7.2M | |
| Columbia St | 1 | $2.9M |
Each Q1 2026 transaction is plotted at its address. Bubbles are colored by asset class and sized by sale price — the $100MM 340 Henry Street land deal in Cobble Hill and the $37.5MM Gowanus assemblage at 37 9th Street read as the dominant bubbles. Click any bubble for the deal details.
Near-term catalysts and policy developments likely to shape Downtown Brooklyn deal flow over the next two quarters.
The 35-year tax-abatement tier begins phasing down after June 2026, creating a near-term catalyst for land-deal closings over the next two quarters. Expect continued bid depth on vacant lots through mid-year, followed by a likely cooling as the incentive resets to 25 years.
AAMUP-unlocked density continues to shape land pricing in Boerum Hill and Prospect Heights. Monitor for ULURP-driven assemblages crossing into Q2 and Q3.
The $55MM 25 Elm/486 Fulton trade is the largest Downtown Brooklyn Office print since the rate cycle began. Watch for follow-on commercial-condo and bulk-office trades at the transit core as bidders test repriced basis.
Q1 saw limited RS-heavy 10+ unit trades in Downtown Brooklyn, but broader citywide signals point to opportunistic capital beginning to re-engage as pricing has reset below 2019 baselines. Any re-entry at scale will first show up in the 10+ segment.
Strength in the Small and 6–9 unit segments demonstrates that private capital is comfortable transacting at current rates. A Fed cut cycle later in 2026 would likely broaden the bid into the 10+ segment and support a firmer print there.
Complete transaction log for Q1 2026, sorted by activity date. Development trades show N/A for $/SF (the relevant pricing metric is $/BSF).
| Address | Date | Price | Property type | $/SF | $/BSF | $/Unit |
|---|---|---|---|---|---|---|
| 555 Pacific St | 1/6/2026 | $3,265,000 | MF-MU 6-9 resi units | $864 | N/A | $408,125 |
| 103 Joralemon St | 1/7/2026 | $6,050,000 | Conversion | $903 | N/A | N/A |
| 219 Bond St | 1/8/2026 | $1,175,000 | Development | N/A | $235 | N/A |
| 30 Richards St | 1/14/2026 | $5,650,000 | Ind / WH / Sto | $477 | $565 | N/A |
| 390 Court St | 1/16/2026 | $6,100,000 | MF-MU Small | $847 | N/A | $1,525,000 |
| 489 Myrtle Ave | 1/16/2026 | $2,250,000 | MF-MU Small | $703 | N/A | $562,500 |
| 507 8th Ave | 1/16/2026 | $7,000,000 | MF-MU Small | $1,176 | N/A | $1,400,000 |
| 445 Henry St | 1/16/2026 | $6,400,000 | MF-MU Small | $1,143 | N/A | $1,280,000 |
| 403 5th Ave | 1/21/2026 | $3,750,000 | Retail | $694 | N/A | N/A |
| 320 Schermerhorn St & Nevins St | 1/28/2026 | $22,000,000 | Development | N/A | $287 | N/A |
| 335 Carroll St | 1/29/2026 | $24,050,000 | MF-MU 10+ resi units | $816 | N/A | $801,667 |
| 596 5th Ave | 1/29/2026 | $1,300,000 | MF-MU Small | $425 | N/A | $260,000 |
| 108 Flushing Ave | 1/30/2026 | $1,450,000 | MF-MU 6-9 resi units | $237 | N/A | $181,250 |
| 329 Henry St | 1/30/2026 | $5,500,000 | MF-MU Small | $1,100 | N/A | $916,667 |
| 1021 8th Ave | 1/30/2026 | $5,450,000 | MF-MU 6-9 resi units | $747 | N/A | $681,250 |
| 444 Carroll St | 2/2/2026 | $19,000,000 | Development | N/A | $266 | N/A |
| 130 Degraw St | 2/3/2026 | $2,925,000 | MF-MU Small | $780 | N/A | $975,000 |
| 54 Greene Ave | 2/6/2026 | $2,725,000 | Conversion | $481 | N/A | N/A |
| 374 Clinton Ave | 2/6/2026 | $1,700,000 | MF-MU 10+ resi units | $304 | N/A | $170,000 |
| 320 Myrtle Ave | 2/11/2026 | $3,000,000 | MF-MU Small | $804 | N/A | $1,000,000 |
| 358-360 Atlantic Ave | 2/11/2026 | $4,150,000 | MF-MU 6-9 resi units | $613 | N/A | $415,000 |
| 340 Henry St | 2/13/2026 | $100,000,000 | Development | N/A | $388 | N/A |
| 619 Baltic St | 2/13/2026 | $1,900,000 | MF-MU 6-9 resi units | $358 | N/A | $271,429 |
| 35 Orange St | 2/18/2026 | $15,850,000 | MF-MU 10+ resi units | $336 | N/A | $330,208 |
| 350 Hicks St | 2/18/2026 | $33,200,000 | Development | N/A | $449 | N/A |
| 101-107 5th Ave | 2/18/2026 | $9,200,000 | MF-MU 6-9 resi units | $879 | N/A | $766,667 |
| 188 Richards St | 2/19/2026 | $2,800,000 | MF-MU Small | $495 | N/A | $2,800,000 |
| 46 Coffey St | 2/20/2026 | $2,400,000 | Ind / WH / Sto | $600 | $600 | N/A |
| 138 Montague St | 2/25/2026 | $6,000,000 | MF-MU 10+ resi units | $367 | N/A | $230,769 |
| 186 Lincoln Pl | 2/26/2026 | $2,650,000 | MF-MU 6-9 resi units | $681 | N/A | $331,250 |
| 154 Court St | 2/27/2026 | $5,330,000 | MF-MU Small | $1,454 | N/A | $1,776,667 |
| 157 Smith St | 3/13/2026 | $4,000,000 | Development | N/A | $533 | N/A |
| 37 9th St | 3/13/2026 | $37,500,000 | Development | N/A | $149 | N/A |
| 388 Prospect Ave | 3/18/2026 | $2,725,000 | MF-MU Small | $633 | N/A | $545,000 |
| 25 Elm Pl & 486 Fulton St #Lower | 3/19/2026 | $55,000,000 | Office | $203 | $154 | N/A |
| 50 Clifton Pl & 302 Grand Ave | 3/24/2026 | $2,300,000 | Development | N/A | $256 | N/A |
| 101 Luquer St | 3/25/2026 | $5,250,000 | Development | N/A | $503 | N/A |
| 510 7th Ave | 3/25/2026 | $2,200,000 | MF-MU Small | $671 | N/A | $1,100,000 |
| 221-223 Waverly Ave | 3/25/2026 | $1,800,000 | Development | N/A | $240 | N/A |
| 560 Court St | 3/31/2026 | $2,652,026 | MF-MU Small | $884 | N/A | $884,009 |
| AVERAGES | $10,691,176 | $689 | $356 | $817,186 | ||
| MEDIAN | $4,075,000 | $687 | $287 | $723,958 |
Reach out with questions on the data, the market, or specific transactions.
.png)
.png)
.png)
.png)
.png)
.png)
.png)
.png)
.png)
.png)
.png)
.png)
.png)
.png)
.png)
.png)