Townhouses
(Ultra-prime, low supply, high variability — this is your prestige category)
Market Snapshot
- Average Price: $8,184,583
- Average Price / Ft: $1,646
- Average Discount: 3.3%
- Average Days on Market: 183 days
What’s Happening
The townhouse market remains the most exclusive and segmented part of Brooklyn Heights. Pricing ranges dramatically—from $3M to $15M+—with value driven heavily by:
- Width and scale
- Outdoor space (gardens, roof decks)
- Renovation level
While trophy properties continue to command strong pricing, time on market is notably longer, signaling a more deliberate, buyer-driven environment.
Key Insight
This is not a “market”—it’s a collection of one-of-one assets. Pricing strategy matters more here than anywhere else.
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Condominiums
(The most competitive and data-driven segment)
Market Snapshot
- Average Price: $2,199,065
- Average Price / Ft: $1,287
- Average Monthly Costs: $2,940
- Average Discount: 0.9%
- Average Days on Market: 105 days
What’s Happening
The condo market is where we’re seeing the strongest pricing discipline and buyer confidence.
- Many units are trading at or near ask
- Newer product and waterfront inventory (ex: Furman Street) continue to lead performance
- Larger, higher-end units ($3M–$5M) are still moving, but with more sensitivity to pricing
Key Insight
This is the most efficient and transparent segment — buyers are informed, and correctly priced units move.
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Cooperative Apartments
(Largest pool, widest price range, most nuanced buyer pool)
Market Snapshot
- Average Price: $1,117,218
- Average Monthly Maintenance: $1,887
- Average Discount: 2.8%
- Average Days on Market: 86 days
What’s Happening
Co-ops remain the core of the Brooklyn Heights market, offering the widest range of opportunities—from entry-level studios to $7M+ residences.
- More variability in pricing due to board policies, layouts, and condition
- Some properties trading quickly, others requiring adjustments
- Larger spreads between initial ask and final sale depending on positioning
Key Insight
Success here comes down to presentation, pricing, and navigating board expectations — more than just market conditions.
