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: September 2026. Next update: October 1, 2026. Data covers 125+ neighborhoods across New York City — rental comps, sales comps, price ranges, and 2026 appreciation forecasts.
📊 NYC Market Pulse · September 2026
NYC Citywide Median Asking Rent
$3,707 ▲4.6% YoY (Realtor.com Q2)
Manhattan Median Rent
$5,117 ▲9.0% YoY — Record
Manhattan 1BR Median
$4,995 (RentReboot)
Manhattan 2BR Median
$6,295 (RentReboot)
Brooklyn Median Rent
$4,054 ▲5.9% YoY (Realtor.com)
Brooklyn 1BR Median
$3,750 (RentReboot)
Queens Median Rent
$3,561 ▲5.6% YoY (Realtor.com)
Queens 1BR Median
$3,000 (RentReboot)
Bronx Median Rent
$3,171 ▲0.9% YoY (Realtor.com)
Bronx 1BR Median
$2,799 (RentReboot)
Staten Island 1BR Avg
~$1,900 (most affordable)
Income Needed — Manhattan
$204,680/yr (30% rule)
Income Needed — Brooklyn
$162,160/yr (30% rule)
Rent-Stabilized Cap
0% FREEZE — Oct 2026–Sep 2027
NYC Median Sale Price Q2
$825,000 ▲3% YoY (PropertyShark)
NYC Q2 Total Sales
7,070 (−<1% YoY — steady)
Manhattan Median Sale Q2
$1,275,000 ▲6% — Record High
Manhattan Co-op/Condo (Elliman)
$1,250,000 ▲4.2% YoY
Brooklyn Median Sale Q2
$899,000 ▲6% — 2nd-Highest Ever
Brooklyn House Median
$960,000 ▲5.9% YoY
Brooklyn Condo Median
$1,200,000 ▲9.3% YoY
Brooklyn Co-op Median
$442,000 ▼2.7% YoY
Queens Median Sale Q2
$595,000 ▲6% — 2nd-Highest Ever
Queens House Median
$798,000 flat YoY
Queens Condo Median
$665,000 ▲7.8% YoY
Hunters Point (priciest QN)
$1,230,000 ▲32% YoY
Bronx Median Sale Q2
▲14% YoY — fastest gains
NYC Co-op Median
$517,000 ▲10.2% YoY
Manhattan Forecast 2026
$1,290K–$1,310K (+4–6%)
30yr Mortgage Rate
6.66% — Freddie Mac Aug 27
15yr Mortgage Rate
5.98% — Freddie Mac Aug 27
Bronx New Inventory
▲24.4% YoY (only borough up)
📈 Investor Intelligence · September 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 Cap0% FREEZE — Oct 2026–Sep 2027
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 · Q2–Q3 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 Active Inventory6,761 listings ▼8.5% YoY
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▲10.1% YoY — summer momentum
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
Current listing windowJuly–Aug: peak summer leasing
Mansion tax threshold1% kicks in at $1M+
BK Condo Median$1.2M ▲9.3% YoY (PropertyShark)
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
Select a Neighborhood
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 September 2026 · Monjurul Haque · Associate Broker · Gama NYC · 9726 3rd Ave, Brooklyn · (347) 968-8550 · mhaquerealestate@gmail.com
Updated September 2026 · Monjurul Haque · Associate Broker · Gama NYC · 9726 3rd Ave, Brooklyn · (347) 968-8550 · mhaquerealestate@gmail.com