NYC Real Estate
Market Data
Data updated monthly. This dashboard reflects verified market data from StreetEasy, PropertyShark, Douglas Elliman, RentCafe (Yardi Matrix), and Freddie Mac. Current data: June 2026. Next update: July 1, 2026. Data covers 125+ neighborhoods across New York City — rental comps, sales comps, price ranges, and 2026 appreciation forecasts.
📊 NYC Market Pulse · June 2026
NYC Citywide Median Asking Rent
$3,616 ▲6.2% YoY
Manhattan Median Rent
$5,000 ▲8.3% — Record High
Manhattan Avg Rent (RentCafe)
$5,345
Brooklyn Median Rent
$4,150 ▲4% — Record High
Queens Median Asking Rent
$3,427 ▲3.3% YoY
Bronx Median Rent
$3,099 ▲1.7% YoY
Staten Island 1BR Avg
~$1,900 (most affordable)
NYC 1BR Median (all boroughs)
$4,000+ first time ever
NYC Rent Gap (staying vs moving)
$1,761/mo extra to move
NYC Median Sale Price Q2
$790,000 ▲1% YoY
Brooklyn Median Sale Q2
$860,000 (PropertyShark)
Brooklyn Condo Median
$1,000,000 (DeFalco)
Manhattan Median Sale
$1.24M ▲3% · Forecast $1.29M–$1.31M
Queens Median Sale
$750,000+ (entry point)
Staten Island Median Sale
$725K–$762K ▲2.6–4.1%
30yr Mortgage Rate
~6.3% (stabilizing low 6s)
Manhattan Median Rent
$6,361 ▲4.5%
Manhattan 1BR Avg
$4,393 (Leaseswap)
Brooklyn Median Rent
$3,650 (Zumper May)
Brooklyn 1BR Avg
$4,504 (RentCafe)
Queens Median Rent
$4,194 ▲7.6%
Bronx 1BR Avg
$2,814 (Mott Haven high)
Staten Island 1BR Avg
$1,955 (Leaseswap)
NYC Median Sale Price
$800K ▲4% YoY
Brooklyn Median Sale
$998K flat YoY
Queens Median Sale
$714K ▲4.1%
Manhattan Condo Median
$1.75M Q1 2026
Manhattan Co-op Median
$850K flat
Staten Island Median Sale
$779K–$787K ▲3–4%
BK Price Per Sq Ft
$1,019 ▲6.4%
30yr Mortgage Rate
6.30% Freddie Mac
📈 Investor Intelligence · May 2026
Cap Rates by Borough
Manhattan Multifamily1–4%
Brooklyn Multifamily4–6%
Queens Multifamily4–6%
Bronx Multifamily5–7%
National Avg (CBRE)5.04% plateau
Value-Add NYC5.38% (C-class)
Cap >4% Manhattan or >6% outer boroughs — verify carefully. NYC among most compressed in U.S. (CBRE)
Investment Return Benchmarks
IRR Target (multifamily)7.70%
Cash-on-Cash Return4.8% avg
Value-Add Rent Growth5.38% YoY
B-Class Rent Growth1.7% YoY
Recommended LTV70–75% max
Min DSCR (lender req.)1.25x
Multifamily HUD loan from 5.42%. Recommended hold: 6+ years for meaningful ROI at current price levels
Vacancy & Supply Pipeline
Bronx Vacancy Rate~1% — near full
Queens Vacancy Rate<2% — very tight
Brooklyn Vacancy Rate~2.5–3%
NYC Rent-Stabilized Cap2.75% (1yr) / 5.25% (2yr)
2026 New Units (NYC)~15,000 (↓ from 2025)
BK New Units Drop~9,000 fewer than 2025
Marcus & Millichap: "Stabilized assets now available at cap rates higher than in decades." Capital returning to free-market assets
Top Investor Submarkets 2026
Crown Heights, BK+7.2% forecast
Mott Haven, Bronx+7.8% forecast
Long Island City, QNS+7.1% forecast
Sunnyside, Queens+8.2% — #1 hottest
East Harlem, Manhattan+5.9% forecast
Ridgewood, Queens+7.5% forecast
Best entry under $1M: Bronx multifamily avoids 1% mansion tax. Prioritize free-market units for rent flexibility
🏷️ Seller Intelligence · Q1 2026
Market Conditions by Borough
ManhattanBalanced → Slight Seller
BrooklynActive — price-sensitive buyers
QueensStrong — ↑ YoY pricing
BronxGaining traction fast
Staten IslandSeller-favorable — low supply
Q1 2026: Buyers more strategic. Well-priced, move-in ready homes still moving fast. Overpriced listings sit
Days on Market · Q1 2026
Manhattan Overall110 days (↓9% YoY)
Manhattan Luxury ($4M+)147 days
Manhattan Supply7.0 months (5yr low)
Manhattan Inventory~6,000 units (5yr low)
FiDi — fastest market87 days avg (↓ from 168)
SI Days on Market40–50 days
Corcoran Q1 2026: "Market rewards accuracy." Correctly priced homes moving fastest since 2018
Pricing Power & Sale-to-List
Sale-to-List >98%Seller controls market
Bed-Stuy sale-to-list96.4% median
Manhattan signed contracts▼11% YoY (Q1 pause)
Manhattan $3M–$5M tier▲76.7% YoY contracts
Manhattan $10M–$20M▲47.4% YoY contracts
BK luxury DOM147 days — patience req.
Luxury $4M+ median entry Q1 2026: $4.43M. Luxury median sale price: $6.85M
Seller Strategy Checklist
Best listing windowApril–June (peak traffic)
Mansion tax threshold1% kicks in at $1M+
New BK condo listings▲51.63% QoQ (more comp.)
Realistic DOM expectation40–60 days (not 2021)
Key: Price on PPSFNot just headline median
Sub-$1M BK co-opsStill moving quickly
Spring Q2 2026: Increased activity and stronger absorption expected. Well-presented, accurately priced homes win
Neighborhood Search
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Choose any borough and neighborhood above to pull rental comps, sales comps, price ranges, and the 2026 market forecast.
125+ Neighborhoods
All NYC Boroughs
Rental Comps
Sales Comps
Price Ranges
2026 Forecasts
Pulling market data...
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Rental & Sales Averages
Rental Comps
Sales Comps
Rental Price Ranges · Market Context
2026 Market Forecast
Data sources: StreetEasy · PropertyShark · Douglas Elliman · RentCafe (Yardi Matrix) · Freddie Mac · Baruch College CUNY · PIX11 · Corcoran · Brown Harris Stevens
Updated June 2026 · Monjurul Haque · Associate Broker · Gama NYC · 9726 3rd Ave, Brooklyn · (347) 968-8550 · mhaquerealestate@gmail.com
Updated June 2026 · Monjurul Haque · Associate Broker · Gama NYC · 9726 3rd Ave, Brooklyn · (347) 968-8550 · mhaquerealestate@gmail.com