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Research Memo · Brooklyn

Brooklyn Heights.

Senior finance + biglaw, family-stage, brownstone-or-prewar-coop preference

Generated ·By Conquest Advisors · Denza·Cohort: 24 active · median $1.7M · $1,417 PSF·⤓ Download PDF
Sources

Where this memo's data comes from.

We cross-check every claim against multiple authoritative sources before generating the essay. If a source disagrees or is missing, we say so.

Cotality · REBNY RLS (active inventory)as of May 8, 2026
Active
24
Asking · median
$1.7M
PSF
$1,417
Cotality active feed in our pipeline does not currently include closed-sale rows; sold-side metrics are sourced from ACRIS.
Sold · 12mo
102
Sold · median
$3.7M
Trust rules applied to this memo
  • Only one closed-sale source (acris) is available. Cite the source by name when referencing sold-side numbers.
§1 · Underwriting Snapshot
Active Inventory
24
listings on market
Active · Median
$1.7M
all bedroom counts
Median PSF
$1,417
$/sqft · live cohort
Median DOM
days on market
Sold · 12mo (ACRIS)
102
closed deeds, ≥$50K
Sold · Median (ACRIS)
$3.7M
ground truth · NYC.gov
§2 · The Read

The cohort, in plain terms.

Brooklyn Heights carries 24 active listings at a median ask of $1,672,500 and $1,416.79 per square foot, a figure that sits meaningfully above comparable brownstone-belt inventory in Carroll Gardens and Cobble Hill, where active asking PSF typically tracks in the $1,100–$1,250 range. The active pool is thin — three loft units and a single new-construction listing represent the full texture of what is available — and days-on-market data are not currently available from the active feed.

The gap between asking and closed-side pricing is the defining analytical feature of this neighborhood right now. ACRIS records 102 deeds in the trailing 12 months at a median of $3,660,000 — more than double the current median ask of $1,672,500. That spread is not a signal of distress; it reflects composition. The building-level data makes the dynamic legible. At 360 Furman Street, a 1928 conversion on the waterfront, ACRIS records 20 closings at a $2,211,250 median, and the one active ask sits at $1,975,000 — closed transactions ran 12% above the asking side. At 50 Bridge Park Drive, a 2019 delivery, five ACRIS closings printed at $2,850,000 against a current ask of $2,125,000, a 34% premium of closed over asking. Both buildings skew the sold median upward relative to what is presently listed. Contrast that with 1 Clinton Street, also a 2019–2020 product, where five ACRIS closings came in at $2,525,000 while the sole active ask stands at $3,975,000 — the widest ask-to-close inversion in the leaderboard at negative 36.5%. At the top of the closed-price distribution, ACRIS records four transactions at 17 Bergen Street with a median of $5,644,063, and four at 38–44 State Street at $3,750,000; neither address carries active inventory today. The result is an active market that underrepresents the price tier at which the neighborhood actually transacts. Relative to a peer like Tribeca — where active inventory and ACRIS closed medians converge more tightly above $3,000,000 — Brooklyn Heights presents an unusually wide visible-to-actual pricing gap driven by the buildings currently sitting out of the ask pool.

§3 · Loft + New Construction

The two cohorts you actually came for.

Active loft conversions

Pre-1930 envelope · ≥1,200 sqft · condo or condop

  • 99 Clinton Street · 10
    6BR · 2,769 sqft · 1850 · PSF $1,264
    $3.5M
  • 25 Grace Court
    7BR · 5,975 sqft · 1861 · PSF $2,510
    $15M
  • 360 Furman Street · 443
    2BR · 1,394 sqft · 1928 · PSF $1,417
    $2.0M
New construction

Built 2020+ or sponsor sale

  • 1 Clinton Street · 12A
    3BR · 1,993 sqft · 2020 · PSF $1,954
    $3.9M
§4 · Building Leaderboard

Per-building liquidity, side-by-side.

Asking-side data from the active Cotality (REBNY RLS) feed. Closing-side data from ACRIS deeds (NYC.gov), last 12 months, ≥ $50,000 consideration only — gifts and intra-family transfers excluded. Median throughout; the high/low pair is the actual range across all units in that building.

BuildingActive asksAsking range (low · median · high)Closings · 12moClosing range (low · median · high)Liquidity
01
360 Furman Street
Built 1928
1
$2.0M·$2.0M·$2.0M
$1,417 PSF (median)
20
$198K·$2.2M·$7.0M
ask
sale +12% vs ask
Liquid
ratio 20×
02
1 Clinton Street
Built 2020
1
$4.0M·$4.0M·$4.0M
$1,994 PSF (median)
5
$1.6M·$2.5M·$3.6M
ask
sale -36.5% vs ask
Liquid
ratio 5×
03
50 Bridge Park Drive
Built 2019
1
$2.1M·$2.1M·$2.1M
$1,750 PSF (median)
5
$2.0M·$2.9M·$5.3M
ask
sale +34.1% vs ask
Liquid
ratio 5×
04
110 Livingston Street
5
$790K·$993K·$1.2M
No current inventory
05
17 Bergen Street
4
$2.5M·$5.6M·$7.4M
No current inventory
06
38-44 State Street
4
$3.8M·$3.8M·$3.8M
No current inventory
07
20 Henry Street
4
$2.3M·$2.8M·$3.3M
No current inventory
08
118 Remsen Street
3
$2.5M·$2.8M·$7.1M
Insufficient data
09
9 College Place
2
$2.9M·$3.4M·$3.9M
Insufficient data
10
76 Schermerhorn Street
2
$1.5M·$1.5M·$1.6M
Insufficient data
Asking range: low / median / high of list_price across all currently-active listings in the building (Cotality REBNY RLS). Median, never average — resistant to a single high-end outlier.
Closing range: low / median / high of document_amt from ACRIS recorded deeds at this building’s tax block + lot, last 365 days. Excludes deeds < $50,000 — gifts, intra-family transfers, nominal $1 deeds.
Liquidity: ACRIS closings ÷ active asks. ≥ 2× = Liquid · 1-2× = Active comps · 0.25-1× = Thin trading · < 0.25× = No recent sales. Sold-out buildings (≥4 closings, 0 active) get “No current inventory”.
Discount-to-ask: median ACRIS closing price ÷ median active asking price − 1, computed only when both numbers are present at the building level.
Distribution strip plot: each teal dot = one ACRIS closing in the last 12 months. Brass vertical line = median active asking price. If the line sits to the right of the cluster, asking is above where deals actually clear; inside the cluster = at-market; left of the cluster = ask is below recent prints.
§5 · Buyer Memo

If I were representing a buyer here today.

Senior-broker memo, not investment advice. Compliance: we are a brokerage; this is tactical posture, not a recommendation.

Brooklyn Heights | Buyer Tactical Memo

Active inventory is thin at 24 units with asking PSF holding firm at ~$1,417, but the ask-to-sale spread at individual buildings tells a more useful story than the neighborhood average.

1. Aging inventory to pressure: The single active unit at 1 Clinton Street is asking $3,975,000 against an ACRIS-verified median closing of $2,525,000 — a 36-point ask premium that has no comparable support; find out how long that unit has been sitting and move accordingly. 360 Furman Street has one active ask at $1,975,000 against a median close of $2,211,250 — tighter, but worth a hard look at condition.

2. New construction to tour first: 50 Bridge Park Drive (2019) and 1 Clinton Street (2020) are the two post-2019 buildings with active product — tour both before anything else.

3. Off-market angle: 17 Bergen Street — four ACRIS closings at a $5.6M median with zero active inventory signals a building where motivated owners exist but aren't listing publicly; a cold approach via building management is warranted.

This cohort rewards buyers who reference ACRIS data directly in negotiation — sellers here are pricing to aspiration, not transaction reality.

§6 · Commute decoded

Time-on-the-clock, not distance-on-a-map.

Wall Street
Transit
8m
Walking
22m
Hudson Yards
Transit
28m
Walking
Bryant Park
Transit
24m
Walking
§7 · Cohort profile

Who actually buys here.

Median age
42
years
HHI · p50
$245K
median household income
HHI · p75
$425K
75th percentile
Owner-occupier
65%
of unit stock
Top industriesFinanceLawEducation

Cohort indicators sourced from public US Census ACS 5-year + Denza first-party transaction data. Refreshed quarterly.

§8 · Frequently asked

Direct answers, in advance.

What's the median price in Brooklyn Heights?

Across 24 active listings, Brooklyn Heights's median list price is $1.7M at $1,417 per square foot. Days-on-market data is sparse for this cohort.

What kinds of buildings dominate Brooklyn Heights?

3 active loft listings (pre-1930 envelope, ≥1,200 sqft, condo or condop). 1 new-construction or sponsor-sale listings active. Top building by transaction volume in the past 12 months: 360 Furman Street.

How does Brooklyn Heights compare to neighboring areas?

Our research memo compares the Brooklyn Heights cohort to peer neighborhoods on PSF, building age, and active inventory. Read the §2 essay for the side-by-side. Tap any of the comparable-neighborhoods cards below to read the corresponding memo.

Can I work with a Denza broker for Brooklyn Heights?

Yes. Conquest Advisors is an active New York real estate brokerage; our AI handles initial discovery and a licensed broker negotiates and closes. AI-only path rebates up to 1.5% of the buyer-side commission at close. Full concierge with broker representation rebates up to 0.75%.

Where does the data come from?

Active listings: REBNY-licensed Cotality (CoreLogic) Trestle MLS feed, refreshed every 6 hours. Cohort indicators: US Census ACS 5-year. Citation-only headlines: Miller Samuel public Elliman reports. None of this redistributes raw MLS rows; we publish only neighborhood-level aggregates and per-listing pages with full attribution to the listing brokerage of record.

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