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Buying a bite of the Apple: Brooklyn investment sales building momentum

Multifamily sector is driving volume in 2025
CoStar Analytics
August 8, 2025 | 5:20 P.M.

Total sales volume in Brooklyn, New York, across the four major property types surpassed $930 million in the second quarter of 2025. Relative to the second quarter of 2024, investment volume was essentially flat, but comparing the first half of 2025 against the first half of the prior year shows a marked improvement, with total volume up 25%. While a general capital markets recovery remains elusive, partly due to continued waves of economic uncertainty driven by tariff announcements and elevated interest rates, momentum is building in some of New York’s five boroughs.

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