Crown Heights Real Estate Market Report 2025 - 2026 | Mendy Realty Inc.
Mendy Realty Inc. Exclusive

Crown Heights
Market Report

Year End 2025: Brooklyn's Most Resilient Market

Crown Heights closed 2025 as one of Brooklyn’s most dynamic markets. While broader Brooklyn saw a modest 4.7% price increase, Crown Heights outperformed the borough with typical values surpassing $1.08 million and rents reaching a new "Alpha" state.

Video Overview: Market Breakdown

Market Snapshot (Year End 2025)

Typical Home Value $1,075,403
Median Townhouse $1.25M +9.2% YoY
Avg Price Per Sq Ft $825 – $975
Avg Monthly Rent $2,850 +12% YoY
Median Days on Market 52 Days
Multifamily Velocity 45 Days (DOM)

Median Sale Price Trend

Townhouses: The Conviction Trade

Brooklyn’s strongest conviction trade remains the townhouse segment. Median prices climbed to $1.25M. We project values reaching $1.45M by late 2026 as supply remains critically constrained in prime historic blocks.

Rental Market: The "Alpha"

Average rents hit $2,850/mo in Q3 2025. This 11.98% surge reflects superior transit access and the absorption of luxury inventory along the Franklin and Bedford corridors.

Land Values & Institutional Confidence

Institutional developers are setting the floor for future neighborhood pricing with landmark land trades. Shovel-ready parcels now command up to a 40% premium per buildable square foot.

$187/BSF 970 Franklin Ave ($54.3M)
$262/BSF 1550 Bedford Ave ($10.1M)

Block-by-Block Investment Strategy

Where to allocate capital in 2026

Premium Residential

  • Eastern Parkway: Prestige luxury and long-term equity.
  • President Street: "Blue-chip" brownstones for wealth preservation.
  • Carroll & Union: Steady family-driven appreciation.
  • St. Johns Place: Classic architecture for long-term investors.

Mixed-Use Corridors

  • Franklin Avenue: High-upside redevelopment zone.
  • Bedford Avenue: Lifestyle-driven retail and retail anchor.
  • Nostrand Avenue: High-density rental transit corridor.
  • Empire Blvd: Institutional growth and skyline transformation.

Development & 2026 Absorption Test

Over 600+ new units are expected to hit the market in 2026. Key projects include:

600 Crown Street 100-unit mixed-income (Q2 2026)
970 Franklin Avenue ~355 units (Continuum Company)
76-99 Empire Blvd ~261 units reshaping south corridor

Full Crown Heights 2026 Outlook Report (PDF)

Position Your Portfolio for 2026

Don't wait for the upside case to become the baseline. With 5.5% annual appreciation and record rental growth, now is the window to act.

Me***@*********ty.com · 1558 Carroll St, Brooklyn, NY 11213 · © 2026 Mendy Realty Inc.

Mendy Realty • 2026 Intelligence

Street-Level Asset Index • 2026 Intelligence

The Micro-Block Encyclopedia

Success in Crown Heights real estate is measured by the block. As the top real estate broker in Crown Heights, Mendy Realty tracks inventory across every major thoroughfare and quiet residential place. Whether you are searching for institutional multifamily assets or a historic limestone, we provide the block-level data required for precision acquisitions.

INSTITUTIONAL ADVISORY:

The 2026 market shows a 11.9% growth surge in the eastern corridors. Investors are pivoting from Bedford Ave to Schenectady and Utica for higher cap rates and long-term land play.

Street NameAsset ClassificationSearch Relevance
Eastern ParkwayInstitutional / FlagshipBlue Chip Equity
President / Carroll StPremium Luxury TownhousesHistoric Preservation
Bedford / Franklin AveRetail / Mixed-Use HubsHigh-Velocity Rental
Albany / Troy AveResidential Multi-FamilyStable Yield Growth
Schenectady / Utica AveEmerging Development SitesMaximum Appreciation
Revere / Hampton PlacePrivate Enclave AssetsUltra-Rare Scarcity

Neighborhood Assets & Cultural Destination Guide

Historic Preservation

Weeksville Heritage Center
158 Buffalo AveFree Black History Site
Brower Park
St. Marks & Brooklyn AveHistoric Green Space
Brooklyn Public Library
560 New York AveCommunity Resource

Lifestyle & Gastronomy

Café Rue Dix
1451 Bedford AveFrench-Senegalese Hub
Barboncino Pizza
781 Franklin AveWood-Fired Landmark
Ras Plant Based
739 Franklin AveEthopian Gastronomy

Recreational Assets

Brooklyn Children's Museum
145 Brooklyn AveFirst Global Museum
Lincoln Terrace Park
Buffalo & E New York AveTennis & Athletics
St. Johns Park & Rec
1251 Prospect PlIndoor Pool & Fitness

The Crown Heights Directory

Flagship Landmarks

770 Eastern Parkway
Lubavitch HQInternational Hub
Brooklyn Botanic Garden
990 Washington AveCultural Landmark
Brooklyn Museum
200 Eastern ParkwayNYC Premier Arts
Jewish Children's Museum
792 Eastern ParkwayEducational Hub

Kingston Ave Dining

House of Glatt
385 Kingston Ave718-467-9411
MEAT
123 Kingston Ave516-888-1730
Boeuf and Bun
271 Kingston Ave718-221-8900
Joseph’s Dream Burger
333 Kingston Ave718-840-3228

Troy Ave & Lifestyle

Izzy’s Smokehouse
397 Troy Ave347-425-0524
Mozzarella
265 Troy Ave917-633-6770
Kingston Pizza
395 Kingston Ave718-773-7154
Brooklyn Public Library
10 Grand Army PlazaCentral Branch
VISION
“This is your home. Don’t flee - build.”
The Lubavitcher Rebbe
A directive that transformed Crown Heights into a global destination for homeownership and legacy.
© 2026 MENDY REALTY INC. | LICENSED REAL ESTATE BROKER | ALL DATA SUBJECT TO VERIFICATION
x  Powerful Protection for WordPress, from Shield Security
This Site Is Protected By
Shield Security