A snapshot of recorded transactions across the Downtown Brooklyn / Brownstone Brooklyn sub-market for the third quarter of 2026, covering Downtown Brooklyn, Park Slope, Fort Greene, Cobble Hill, Clinton Hill, Carroll Gardens, Red Hook and Windsor Terrace activity across development, multifamily, industrial, office and retail assets.
A high-level review of Q3 2026 investment-sales activity in Downtown / Brownstone Brooklyn — 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 | |
|---|---|---|---|---|
| Development | $235.0M | 48.3% | 13.5% | |
| Multifamily | $161.9M | 33.3% | 71.2% | |
| Industrial | $50.5M | 10.4% | 5.8% | |
| Office | $20.0M | 4.1% | 3.8% | |
| Special Purpose | $13.2M | 2.7% | 1.9% | |
| Retail | $5.7M | 1.2% | 3.8% |
| Neighborhood | Tx | $ vol | |
|---|---|---|---|
| Downtown Brooklyn | 4 | $161.6M | |
| Windsor Terrace | 2 | $56.5M | |
| Red Hook | 3 | $50.5M | |
| Park Slope | 11 | $47.8M | |
| Fort Greene | 7 | $45.1M | |
| Carroll Gardens | 3 | $30.9M | |
| Cobble Hill | 5 | $27.8M | |
| Clinton Hill | 7 | $24.2M | |
| South Slope | 4 | $13.0M | |
| Brooklyn Heights | 3 | $11.3M | |
| Gowanus | 1 | $11.0M | |
| Boerum Hill | 2 | $6.5M |
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 $83.5MM 485 Fulton Street and $58.1MM 55 Smith Street development sites read as the dominant bubbles across Downtown Brooklyn. Click any bubble for the deal details.
Near-term catalysts likely to shape Downtown Brooklyn deal flow over the next two quarters.
Development reached $235.0MM across seven sites, led by the $83.5MM 485 Fulton Street trade. Watch large-parcel and transit-adjacent development as the swing factor for quarterly dollar volume into Q4.
Thirty-seven multifamily trades — 71% of deal count — show a deep, liquid market from value to prime Cobble Hill and Park Slope. Watch whether the count holds and whether larger portfolios return to lift dollar volume further.
$50.6MM traded across three waterfront-adjacent Red Hook sites, up from $3.9MM a year earlier. Watch whether last-mile logistics demand sustains the Red Hook bid against residential and rezoning pressure.
Q3's $3.9MM median ticket sat alongside several $20MM+ trades. The pace of marquee closings into Q4 2026 will track financing costs; an easing rate path would sustain both the development pipeline and the prime multifamily market.
Complete transaction log for Q3 2026, sorted by activity date. 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 |
|---|---|---|---|---|---|---|
| 122 Montague St (3-248-35) | 7/1/2026 | $5,100,000 | MF-MU Small | $750 | N/A | $1,020,000 |
| 395 Washington Ave (3-1963-36) | 7/2/2026 | $3,410,000 | MF-MU 10+ resi units | $223 | N/A | $243,571 |
| 185 Smith St (3-391-2) | 7/6/2026 | $3,277,000 | MF-MU Small | $1,196 | N/A | $1,092,333 |
| 604 Union St (3-441-21) | 7/8/2026 | $11,000,000 | Development | N/A | $266 | N/A |
| 709 Fulton St (3-2097-80) | 7/9/2026 | $3,000,000 | MF-MU Small | $690 | N/A | $1,000,000 |
| 423 Fulton St (3-150-11) | 7/10/2026 | $9,500,000 | Office | $810 | N/A | N/A |
| 89 Hanson Pl (3-2115-16) | 7/14/2026 | $1,400,000 | MF-MU 6-9 resi units | $519 | N/A | $200,000 |
| 219 Court St (3-390-2) | 7/15/2026 | $3,915,000 | MF-MU Small | $961 | N/A | $978,750 |
| 1015 Fulton St (3-1991-9) | 7/16/2026 | $3,850,000 | MF-MU Small | $885 | N/A | $1,283,333 |
| 143-147 Conover St (3-555-1,4) | 7/22/2026 | $2,800,000 | Industrial | $1,120 | N/A | N/A |
| 310 12th St (3-1029-20) | 7/27/2026 | $4,400,000 | MF-MU 10+ resi units | $300 | N/A | $220,000 |
| 211 Court St (3-390-6) | 7/27/2026 | $3,700,000 | MF-MU Small | $912 | N/A | $1,233,333 |
| 39 Clifton Pl (3-1947-34) | 7/28/2026 | $4,450,000 | MF-MU Small | $890 | N/A | $890,000 |
| 55 Smith St (3-164-1) | 7/28/2026 | $58,075,000 | Development | N/A | $424 | N/A |
| 906 Union St (3-1066-24) | 7/28/2026 | $13,250,000 | Special Purpose | $693 | N/A | N/A |
| 180 Smith St (3-390-47) | 7/30/2026 | $6,000,000 | MF-MU Small | $969 | N/A | $3,000,000 |
| 270 15th St (3-1048-32) | 7/30/2026 | $1,500,000 | MF-MU 10+ resi units | $85 | N/A | $75,000 |
| 668 President St (3-959-11) | 8/4/2026 | $5,050,000 | MF-MU Small | $928 | N/A | $1,010,000 |
| 121 3rd Pl (3-463-32) | 8/5/2026 | $1,950,000 | MF-MU 6-9 resi units | $296 | N/A | $243,750 |
| 660 Fulton St (3-2113-34) | 8/6/2026 | $2,800,000 | Retail | $910 | N/A | N/A |
| 374 Court St (3-351-29) | 8/6/2026 | $7,470,000 | MF-MU 6-9 resi units | $1,009 | N/A | $933,750 |
| 660 Fulton St (3-2113-34) | 8/6/2026 | $2,891,700 | Retail | $939 | N/A | N/A |
| 135 Saint James Pl (3-1964-8) | 8/6/2026 | $3,200,000 | MF-MU 6-9 resi units | $889 | N/A | $400,000 |
| 320 Smith St & 336 Union St | 8/7/2026 | $21,500,000 | Development | N/A | $754 | N/A |
| 909 Union St (3-1063-49) | 8/10/2026 | $4,700,000 | MF-MU 6-9 resi units | $1,033 | N/A | $671,429 |
| 122 Hoyt St (3-188-42) | 8/12/2026 | $3,252,400 | MF-MU Small | $901 | N/A | $650,480 |
| 659 Court St (3-496-1) | 8/13/2026 | $26,250,000 | Industrial | $717 | N/A | N/A |
| 500 5th Ave (3-1028-37) | 8/13/2026 | $3,150,000 | MF-MU Small | $875 | N/A | $1,050,000 |
| 417 Myrtle Ave (3-1887-95) | 8/14/2026 | $2,700,000 | MF-MU Small | $625 | N/A | $675,000 |
| 191 4th Ave (3-949-1) | 8/18/2026 | $3,750,000 | MF-MU Small | $605 | N/A | $625,000 |
| 81 Court St (3-269-27) | 8/20/2026 | $10,500,000 | Office | $700 | N/A | N/A |
| 1063-1065 Fulton St (3-1993-7,8) | 8/20/2026 | $4,400,000 | Development | N/A | $250 | N/A |
| 205 Ashland Pl (3-2096-14) | 8/21/2026 | $16,000,000 | MF-MU 10+ resi units | $639 | N/A | $1,000,000 |
| 121 8th Ave (3-1072-6) | 8/24/2026 | $4,200,000 | MF-MU 10+ resi units | $520 | N/A | $420,000 |
| 76 Steuben St (3-1893-36) | 8/27/2026 | $2,200,000 | MF-MU 6-9 resi units | $489 | N/A | $366,667 |
| 63 Adelphi St (3-2045-38) | 8/27/2026 | $1,500,000 | Development | N/A | $400 | N/A |
| 90 5th Ave (3-934-46) | 8/27/2026 | $4,350,000 | MF-MU Small | $895 | N/A | $870,000 |
| 260 Hicks St (3-252-37) | 8/28/2026 | $2,500,000 | MF-MU 6-9 resi units | $463 | N/A | $277,778 |
| 474 5th Ave (3-1016-42) | 8/31/2026 | $3,944,738 | MF-MU Small | $796 | N/A | $1,314,913 |
| 230 7th Ave (3-983-44) | 9/2/2026 | $2,300,000 | MF-MU 6-9 resi units | $456 | N/A | $328,571 |
| 461 9th St (3-1090-63) | 9/3/2026 | $1,600,000 | MF-MU 6-9 resi units | $400 | N/A | $228,571 |
| 327 Henry St (3-285-4) | 9/4/2026 | $6,200,000 | MF-MU 6-9 resi units | $1,069 | N/A | $775,000 |
| 464 Prospect Ave (3-870-29) | 9/10/2026 | $1,550,000 | MF-MU 6-9 resi units | $215 | N/A | $193,750 |
| 121 Henry St (3-237-34) | 9/10/2026 | $3,730,000 | MF-MU 10+ resi units | $609 | N/A | $373,000 |
| 178-180 Atlantic Ave (3-286-15,16) | 9/15/2026 | $7,950,000 | MF-MU Small | $908 | N/A | $1,135,714 |
| 485 Fulton St & 147 Lawrence St (3-152-6,18) | 9/16/2026 | $83,500,000 | Development | N/A | $252 | N/A |
| 419 Van Brunt St (3-604-1) | 9/16/2026 | $21,500,000 | Industrial | $1,210 | N/A | N/A |
| 341 5th Ave (3-985-7) | 9/17/2026 | $2,810,000 | MF-MU 6-9 resi units | $416 | N/A | $351,250 |
| 571 8th St (3-1089-45) | 9/24/2026 | $3,100,000 | MF-MU 6-9 resi units | $500 | N/A | $516,667 |
| 95 5th Ave (3-938-2) | 9/24/2026 | $2,700,000 | MF-MU Small | $776 | N/A | $900,000 |
| 441 & 467 Prospect Ave (3-1113-61,73) | 9/25/2026 | $55,000,000 | Development | N/A | $203 | N/A |
| 686 Fulton St (3-2114-23) | 9/29/2026 | $17,500,000 | MF-MU 10+ resi units | $485 | N/A | $372,340 |
| AVERAGES | $9,352,420 | $717 | $364 | $727,566 | ||
| MEDIAN | $3,882,500 | $750 | $266 | $671,429 |
Reach out with questions on the data, the market, or specific transactions.
