Park Slope Real Estate Market Report 2026 | Mendy Realty Inc.
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Park Slope
Market Report

Year End 2025: Brooklyn's Premier Neighborhood

Park Slope continues to be one of Brooklyn’s most desirable neighborhoods. Limited inventory of landmarked housing and strong demand from families have kept the market balanced, leaning seller-favorable on prime blocks. This report provides detailed transaction data, price-per-unit metrics, and ROI analysis.

Watch: Park Slope 2025-2026 Market Update

Market Snapshot (Year End 2025)

Median Sale Price $1,520,000
YoY Price Change +4.2% Growth
Avg Price Per Sq Ft $1,375 – $1,460
Median Days on Market 46 – 75 Days
Total Closed Sales ~950 Transactions
Inventory Trend Low / Stable

Rental Market Overview

Extremely low vacancy and strong demand from families relocating from Manhattan supports pricing.

Sales Market Performance

Townhouses

Typical range

$3.5M – $8M+

Renovated homes on prime blocks commanding >$10M.

Condos

Median Price

$1.45M

New developments command top-of-market pricing.

Co-ops

Median Price

$1.1M

Strong demand for elevator buildings and outdoor space.

Largest Transactions (2025)

Address Type Price
535 1st StreetTownhouse$13.9M
Garfield PlBrownstone$5.82M
5th St (PPW)Townhouse$4.75M
Carroll StBrownstone$4.3M
Union StTownhouse$4.0M

Top 10 Most Expensive Streets

Premiums driven by park frontage & width

  • Prospect Park West
  • 1st Street (near Park)
  • Garfield Place
  • Berkeley Place
  • Prospect Park South
  • Carroll Street
  • Union Street
  • 2nd Street
  • 3rd Street (Prime)
  • 11th Street

New Development & Pipeline

Paseo on 5th 5th Ave · ~180 Units (Completed)
The Slope on 5th 445 5th Ave · ~30 Units (Completed)
431 7th Ave Mixed-Use (Dev Site)
Garfield Place Site Boutique Condo (Pre-Dev)

Full Park Slope Year-End Report (PDF)

Work With a Park Slope Expert

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Institutional Residential Development

Flagship New Construction

The Baltic (255 Fourth Ave)
Full-Service LuxuryJDS Development
500 Fourth Avenue
Institutional CondoHigh-Growth Corridor
The Signet (Seventh Ave)
Boutique ConversionLandmark District
Ten63 (1063 Bergen)
North Slope BorderModern Infill

Market Analysis: The 4th Ave Axis

The Fourth Avenue corridor has evolved into Park Slope's primary luxury tower district. While core Brownstone blocks provide stability, these high-amenity developments cater to the institutional rental and high-density condo demand, diversifying the local asset pool.

The Park Slope Anchor Index

Neighborhood Directory

News & Civic

Bklyner
Hyperlocal NewsCommunity Hub
Brownstoner
RE IntelligenceRenovation Focus

Educational Zones

PS 321 William Penn
ElementaryNorth Slope
PS 107 John W. Kimball
ElementaryCentral Slope

Culture & Parks

Prospect Park Alliance
585-Acre AnchorNature & Wellness
Brooklyn Museum
Cultural HubEastern Parkway

Complete Neighborhood Street Registry

President Street Carroll Street Montgomery Place Garfield Place Fiske Place Polhemus Place St. Johns Place Lincoln Place Berkeley Place Union Street Sackett Street Degraw Street Douglas Street Butler Street Baltic Street Warren Street Prospect Park West 8th Avenue 7th Avenue 6th Avenue 5th Avenue 4th Avenue Flatbush Avenue Plaza Street West 1st Street 2nd Street 3rd Street 4th Street 5th Street 6th Street 7th Street 8th Street 9th Street 10th Street 11th Street 12th Street 13th Street 14th Street 15th Street 16th Street
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