Property Prices in Cypress Hills, Brooklyn (11208)

Analysis of recent property sales — NYC Department of Finance data, all 5 boroughs

Last updated: 03/13/2026
$835,000
Median Price
$2,289,934
Average Price
525
Transactions
$502
Avg. Price / Sq Ft

Average Property Price in Cypress Hills

The average property price in Cypress Hills, Brooklyn (11208) is $2,289,934, based on 525 transactions recorded by the NYC Department of Finance. The median price is $835,000, giving a price range from $20,000 to $97,741,183.

The average price per square foot is $502.

Transaction Volume (Last 12 Months)

25-01 25-04 25-07 25-10

Recent Sales

Date Price Type Address Sq Ft $/Sq Ft
2025-12-18 $8,510,081 Other 275 Chestnut Street — —
2025-12-17 $645,000 1-Family 351 Autumn Avenue 1,102 $585
2025-12-17 $1,250,000 Mixed Use 1224 Liberty Avenue 2,000 $625
2025-12-16 $980,000 2-Family 253 Etna Street 2,048 $479
2025-12-10 $661,761 2-Family 101 Essex Street 1,272 $520
2025-12-09 $735,000 2-Family 2461 Linden Boulevard 2,640 $278
2025-12-08 $950,000 2-Family 228 Milford Street 2,104 $452
2025-12-05 $626,725 1-Family 477 Berriman Street 1,080 $580

NYC Transfer Tax Calculator for 11208

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NYC Transfer Tax
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NYS Transfer Tax
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Mansion Tax
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Total Transfer Taxes
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Effective Rate

NYC RPTT: 1% (≤$500K) or 1.425% (>$500K). NYS: 0.4%. Mansion Tax: 1% (≥$1M). Does not include mortgage recording tax.

Estimated Rental Yield in Cypress Hills

4.6%
Estimated Gross Rental Yield
Based on median price of $835,000 and average Brooklyn monthly rent of $3,200/month ($38,400/year).
Source: NYC rental market averages. Actual yields vary by property type and condition.
View all 525 comparable sales →

Nearby ZIP Codes in Brooklyn

11201
Boerum Hill 11203
Brooklyn-Unknown 11204
Bensonhurst 11205
Bedford Stuyvesant 11206
Bedford Stuyvesant 11207
Brooklyn-Unknown

Frequently Asked Questions

What is the average property price in 11208?
The average property price in Cypress Hills, Brooklyn (11208) is $2,289,934, with a median price of $835,000. This is based on 525 recent transactions recorded by the NYC Department of Finance.
How many properties were sold in 11208?
There have been 525 property transactions recorded in Cypress Hills, Brooklyn (11208) in the most recent data period, according to NYC Department of Finance records.
What are the transfer taxes when buying property in NYC?
When buying property in NYC, you may owe: NYC Real Property Transfer Tax (1% for sales ≤$500K, 1.425% for sales >$500K), New York State Transfer Tax (0.4%), and Mansion Tax (1% for sales ≥$1M, with higher brackets above $2M). Use the calculator above for an estimate.
What is the rental yield in 11208?
The estimated gross rental yield in Cypress Hills, Brooklyn (11208) is 4.6%, calculated from a median property price of $835,000 and average Brooklyn rents of $3,200/month.