Manhattan condos $1,629/sf 2%Manhattan co-ops $283K/room 5%Central Park perimeterPark Ave $478K/room 19%CPW $350K/room 5%Fifth Ave $501K/room 19%Billionaires' Row $4,272/sf 24%LES $1,500/sf 6%
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The Roebling Index · Brooklyn

Downtown Brooklyn

Downtown Brooklyn is the 2004 rezoning made vertical: the borough's tallest residential towers now line the Flatbush Avenue corridor, and nearly every unit we track was built after 2005. Because the stock is this new, sale histories lean heavily on sponsor closings rather than resales, and early trading in a tower reflects the sponsor's pricing program as much as the market. Read resale comps separately from sponsor sales, and check each building's tax-abatement clock before modeling the carry.

Downtown Brooklyn · The Roebling Index

What the index shows for Downtown Brooklyn

Median condominium price per square foot and cooperative price per room, with the change over the past year and since 2022 and 2016. Condos are measured by the foot, co-ops by the room.

Condominiums · $/sf
$1,353/sf
1-yr -6%since ’22 +4%since ’16 +17%
Co-ops · $/room
$217K/room
1-yr -21%since ’22 +22%since ’16 +21%

Medians of recorded, index-eligible sales — each figure carries the mix of what happened to trade, not the like-for-like change of a single apartment. Compiled by The Roebling Team at Compass from public records. Figures are indicative, not an appraisal.

Considering a move in Downtown Brooklyn?

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com