Crown Heights Market Analysis | 2026 Forecast & Data Deep-Dive
Comprehensive Market Authority

Crown Heights: Unlocking Unprecedented Growth

A Deep-Dive into Block-Level Strategy, Land Values, and the 2026 Forecast.

+5.8%Growth YoY
$1.08MTypical Value
11.98%Rental Alpha
52 DaysAvg Days on Market

A Market Outperforming the Borough

While Brooklyn’s overall median sale price rose 4.7% year-over-year, Crown Heights continues to outperform. Typical home values have surpassed $1.08 million, with forecasts projecting values to reach $1.25M-$1.35M by late 2026. This marks a transition to an established premium destination driven by infrastructure and limited supply.

Townhouse Conviction Trade

Median townhouse prices climbed to $1.25 million (+9.2% YoY). Properties are selling faster than ever at 52 days. By late 2026, values are expected to reach $1.45 million.

The "Rental Alpha"

Average rents hit $2,850/mo in Q3 2025—an 11.98% YoY increase, nearly double the Brooklyn average. Proximity to major transit (2,3,4,5,B,Q) drives tenant retention.

The 2026 Absorption Test

Three major developments representing 600+ new units will define the next phase:

  • 600 Crown St: 100-unit mixed-income (Q2 2026 Delivery)
  • 970 Franklin Ave: 355 units (290K buildable SF)
  • 76-99 Empire Blvd: 261-unit landmark project

Land Values & Institutional Confidence

Institutional developers are betting heavily on Crown Heights. Land trade benchmarks now set the floor for future pricing:

$187/BSF970 Franklin ($54.3M)
$262/BSF1550 Bedford ($10.1M)

Shovel-ready parcels command up to a 40% premium per buildable square foot due to lower risk and speed-to-market advantages.

Market Intelligence Reports

2025 Year-End Report

Download PDF

2026 Growth Forecast

Download PDF

Block-by-Block Strategy

Premium Residential

Eastern Parkway: Prestige, luxury, and long-term equity.
President Street: Blue-chip brownstones for wealth preservation.
Carroll/Union St: Family appeal with steady appreciation.
St. Johns Place: Classic architecture for long-term holders.
Montgomery St: Balanced rental and owner mix.

Mixed-Use & Commercial

Franklin Avenue: High-upside redevelopment zone.
Bedford Avenue: Lifestyle-driven retail hub.
Nostrand Avenue: High-density transit rental corridor.
Empire Blvd: Emerging institutional corridor.

Strategic Video Breakdown

Watch our deep-dive analysis of block-level momentum and land benchmarks.

The Window Is Now

Active listings have grown 58% since 2020, signaling market maturity. With multifamily assets trading at a record 45-day velocity, the window for value acquisition is narrowing.

© 2026 Mendy Realty Inc. | Brooklyn Market Intelligence

×