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Brooklyn Officially Beats Manhattan For The Most Expensive Neighborhoods In NYC

Claire Leaden Claire Leaden

Brooklyn Officially Beats Manhattan For The Most Expensive Neighborhoods In NYC

For the first time ever, Brooklyn has more neighborhoods than Manhattan among the top 50 most expensive in NYC.

At least that’s what the most recent report from real estate website Property Shark revealed.

The outlet conducted a study of neighborhood property sales for the second quarter during the pandemic (April-June), and found that Brooklyn had 23 spots in the top 50 most expensive neighborhoods, while Manhattan had 21, and Queens had eight.

PropertyShark.com

Manhattan still nabbed the top three spots, with TriBeca, Little Italy and SoHo, and beat Brooklyn with the most spots in the top 10, but Brooklyn exceeded it overall for the top 50 most expensive neighborhoods for the first time in history.

It’s worth noting the study didn’t include normally high-ranking neighborhoods like Hudson Yards, Malba and the Columbia Street Waterfront District, because there was insufficient sales activity.

The top three priciest neighborhoods in Brooklyn were DUMBO, Caroll Gardens, and Cobble Hill.

See also: This New Brooklyn Restaurant Is A Tropical Paradise With Private Plant-Filled Booths

featured image source: Unsplash