A snapshot of recorded transactions across the Downtown Brooklyn / Brownstone Brooklyn sub-market for the second quarter of 2026, covering Clinton Hill, Brooklyn Heights, Fort Greene, Gowanus, Park Slope, Boerum Hill, Carroll Gardens and Cobble Hill activity across development, multifamily, office and industrial assets.
A high-level review of Q2 2026 investment-sales activity in Downtown / Brownstone Brooklyn — volume, trends, and the five points that defined the quarter.
Four views of Q2 2026 activity — historical context, year-over-year composition, asset-class mix, and neighborhood concentration.
| Asset class | $ vol | % DV | % Tx | |
|---|---|---|---|---|
| Development | $222.7M | 61.5% | 29.5% | |
| Multifamily | $108.4M | 29.9% | 59.1% | |
| Office | $16.8M | 4.6% | 2.3% | |
| Industrial | $13.1M | 3.6% | 6.8% | |
| Special Purpose | $1.2M | 0.3% | 2.3% |
| Neighborhood | Tx | $ vol | |
|---|---|---|---|
| Clinton Hill | 3 | $142.6M | |
| Brooklyn Heights | 5 | $59.7M | |
| Fort Greene | 6 | $42.9M | |
| Gowanus | 7 | $32.5M | |
| Park Slope | 8 | $31.7M | |
| Boerum Hill | 4 | $13.9M | |
| Carroll Gardens | 4 | $12.3M | |
| Cobble Hill | 2 | $10.5M | |
| Windsor Terrace | 2 | $5.8M | |
| Vinegar Hill | 1 | $5.8M | |
| Columbia St | 1 | $2.8M | |
| South Slope | 1 | $1.9M |
Each Q2 2026 transaction is plotted by neighborhood (street-level geocoding was unavailable, so points are clustered at neighborhood centroids). Bubbles are colored by asset class and sized by sale price — the $121.35MM 47 Hall Street development in Clinton Hill dominates, with the $30.0MM 120 Court Street and $16.8MM 188 Montague Street trades in Brooklyn Heights close behind. Click any bubble for the deal details.
Near-term catalysts likely to shape Downtown Brooklyn deal flow over the next two quarters.
The $121.35MM 47 Hall Street site drove 33% of the quarter. Watch continued development-site activity in Clinton Hill and along the Navy Yard / Atlantic Avenue corridor as large parcels remain the swing factor for quarterly dollar volume.
Twenty-six multifamily trades — 59% of deal count — show a deep, liquid market from value ($214/SF) to prime Cobble Hill ($1,070/SF). Watch whether the count holds and whether larger portfolios return to lift dollar volume.
Development led at 61% of dollar volume across Clinton Hill, Brooklyn Heights and Gowanus. The Gowanus rezoning and Brooklyn's rental-supply programs continue to underwrite the land bid; watch ground-up starts against financing costs.
Deal count rose even as dollar volume normalized 29% off a big-ticket Q2 2025. The pace of larger ($20MM+) closings into 2H 2026 will track financing costs; an easing rate path would support both marquee development and the multifamily market.
Complete transaction log for Q2 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 |
|---|---|---|---|---|---|---|
| 156 5th Ave (3-946-49) | 4/2/2026 | $5,450,000 | MF-MU Small | $1,362 | N/A | $1,362,500 |
| 130 St Felix St (3-2111-40) | 4/7/2026 | $17,000,000 | Development | N/A | $113 | N/A |
| 275 Front St (3-43-41) | 4/10/2026 | $5,780,000 | Industrial | $508 | N/A | N/A |
| 487 Atlantic Ave (3-179-47) | 4/13/2026 | $3,500,000 | MF-MU Small | $972 | N/A | $1,166,667 |
| 153-157 9th St (3-1002-48,49,50) | 4/17/2026 | $5,500,000 | Development | N/A | $321 | N/A |
| 363 6th Ave (3-986-1) | 4/20/2026 | $4,308,000 | MF-MU Small | $873 | N/A | $1,077,000 |
| 40 4th Ave (3-192-37) | 4/22/2026 | $3,050,000 | MF-MU Small | $762 | N/A | $508,333 |
| 114 Adelphi St (3-2044-71) | 4/24/2026 | $1,900,000 | Development | N/A | $380 | N/A |
| 73 Atlantic Ave (3-258-102) | 4/24/2026 | $4,500,000 | MF-MU Small | $1,190 | N/A | $1,125,000 |
| 47 Hall St (3-1876-1) | 4/28/2026 | $121,350,000 | Conversion | $218 | N/A | N/A |
| 120 Court St (3-276-47) | 4/30/2026 | $30,000,000 | Development | N/A | $522 | N/A |
| 323 5th Ave (3-982-8) | 4/30/2026 | $3,500,000 | MF-MU Small | $1,228 | N/A | $1,166,667 |
| 50 Bergen St (3-384-30) | 4/30/2026 | $1,250,000 | Special Purpose | $266 | N/A | N/A |
| 445 Court St (3-467-2) | 5/4/2026 | $3,352,000 | MF-MU Small | $852 | N/A | $838,000 |
| 245 Bond St (3-411-1) | 5/5/2026 | $2,450,000 | Development | N/A | $251 | N/A |
| 528 5th St (3-1084-32) | 5/5/2026 | $2,800,000 | MF-MU 6-9 resi units | $394 | N/A | $350,000 |
| 372 Myrtle Ave (3-2074-26) | 5/8/2026 | $2,600,000 | MF-MU Small | $1,382 | N/A | $866,667 |
| 244A-246 7th St & 416 4th Ave | 5/12/2026 | $10,621,660 | Development | N/A | $221 | N/A |
| 418 4th Ave (3-997-42) | 5/12/2026 | $3,956,600 | Development | N/A | $414 | N/A |
| 244 7th Street - Air Rights | 5/12/2026 | $1,171,739 | Development | N/A | $193 | N/A |
| 246 15th St (3-1048-21) | 5/12/2026 | $1,850,000 | MF-MU 6-9 resi units | $252 | N/A | $231,250 |
| 563 20th St (3-890-73) | 5/12/2026 | $1,650,000 | MF-MU Small | $271 | N/A | $330,000 |
| 115 Van Brunt St (3-341-1,2) | 5/13/2026 | $2,750,000 | MF-MU 6-9 resi units | $573 | N/A | $392,857 |
| 39 15th St (3-1039-67) | 5/15/2026 | $3,100,000 | Industrial | $137 | N/A | N/A |
| 65 Woodhull St (3-359-47) | 5/19/2026 | $3,400,000 | MF-MU 6-9 resi units | $620 | N/A | $485,714 |
| 730 Sackett St (3-952-31) | 5/20/2026 | $2,000,000 | MF-MU 10+ resi units | $284 | N/A | $200,000 |
| 19 S Oxford St (3-2101-26) | 5/21/2026 | $3,400,000 | MF-MU 10+ resi units | $533 | N/A | $340,000 |
| 929 Atlantic Ave (3-2018-54) | 5/27/2026 | $7,700,000 | Development | N/A | $489 | N/A |
| 179 7th Ave (3-1076-5) | 5/28/2026 | $2,052,000 | MF-MU 6-9 resi units | $350 | N/A | $293,143 |
| 420 Clinton Ave (3-1960-22) | 5/29/2026 | $13,500,000 | MF-MU 10+ resi units | $214 | N/A | $275,510 |
| 158 S Oxford St (3-2004-54) | 6/4/2026 | $11,000,000 | Development | N/A | $478 | N/A |
| 817 8th Ave (3-1091-2) | 6/10/2026 | $3,922,500 | MF-MU 6-9 resi units | $703 | N/A | $490,312 |
| 188 Montague St (3-250-36) | 6/10/2026 | $16,800,000 | Office | $350 | N/A | N/A |
| 514-520 Atlantic Ave & 48 3rd Ave (3-185-24,25,26) | 6/15/2026 | $4,400,000 | Development | N/A | $431 | N/A |
| 329 Atlantic Ave (3-176-39) | 6/18/2026 | $3,000,000 | MF-MU Small | $461 | N/A | $600,000 |
| 65 Clermont Ave (3-2046-37) | 6/24/2026 | $6,950,000 | MF-MU 10+ resi units | $480 | N/A | $289,583 |
| 85 Hicks St (3-226-7) | 6/24/2026 | $4,000,000 | MF-MU 10+ resi units | $488 | N/A | $400,000 |
| 62 3rd St 2 (3-464-39) | 6/24/2026 | $3,400,000 | MF-MU Small | $657 | N/A | $850,000 |
| 162-164 Court St (3-297-24,25) | 6/25/2026 | $9,250,000 | MF-MU Small | $1,070 | N/A | $1,156,250 |
| 459-463 Baltic St (3-399-58,59,60) | 6/25/2026 | $5,700,000 | Development | N/A | $195 | N/A |
| 136 Prospect Park W (3-1091-40) | 6/25/2026 | $7,700,000 | MF-MU 10+ resi units | $374 | N/A | $385,000 |
| 413 20th St (3-887-54) | 6/29/2026 | $4,200,000 | Industrial | $255 | N/A | N/A |
| 102 Pierrepont St (3-243-34) | 6/29/2026 | $4,365,000 | MF-MU 6-9 resi units | $670 | N/A | $727,500 |
| 495 Henry St (3-332-9) | 6/30/2026 | $2,150,000 | MF-MU Small | $538 | N/A | $358,333 |
| AVERAGES | $8,233,625 | $603 | $334 | $625,626 | ||
| MEDIAN | $3,939,550 | $520 | $350 | $488,013 |
Reach out with questions on the data, the market, or specific transactions.
