Property Prices in Bedford Stuyvesant, Brooklyn (11216)

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

Last updated: 03/13/2026
$1,375,000
Median Price
$1,669,691
Average Price
1,656
Transactions
$982
Avg. Price / Sq Ft

Average Property Price in Bedford Stuyvesant

The average property price in Bedford Stuyvesant, Brooklyn (11216) is $1,669,691, based on 1,656 transactions recorded by the NYC Department of Finance. The median price is $1,375,000, giving a price range from $10,000 to $35,000,000.

The average price per square foot is $982.

Transaction Volume (Last 12 Months)

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

Recent Sales

Date Price Type Address Sq Ft $/Sq Ft
2025-12-23 $1,991,000 1-Family 635 Saint Johns Place 1,296 $1,536
2025-12-19 $2,450,000 Walk-up 158 Hancock Street 5,000 $490
2025-12-17 $1,425,000 2-Family 77 Macon Street 2,580 $552
2025-12-17 $114,000 Condo 582 Throop Avenue, 1C
2025-12-17 $3,220,000 2-Family 718 Sterling Place 2,574 $1,251
2025-12-12 $3,200,000 2-Family 242 Hancock Street 2,880 $1,111
2025-12-11 $2,950,000 1-Family 318 Halsey St 3,040 $970
2025-12-11 $3,100,000 2-Family 278 Monroe Street 3,200 $969

NYC Transfer Tax Calculator for 11216

NYC Transfer Tax
NYS Transfer Tax
Mansion Tax
Total Transfer Taxes
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 Bedford Stuyvesant

2.8%
Estimated Gross Rental Yield
Based on median price of $1,375,000 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 1,656 comparable sales →

Nearby ZIP Codes in Brooklyn

Frequently Asked Questions

What is the average property price in 11216?
The average property price in Bedford Stuyvesant, Brooklyn (11216) is $1,669,691, with a median price of $1,375,000. This is based on 1,656 recent transactions recorded by the NYC Department of Finance.
How many properties were sold in 11216?
There have been 1,656 property transactions recorded in Bedford Stuyvesant, Brooklyn (11216) 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 11216?
The estimated gross rental yield in Bedford Stuyvesant, Brooklyn (11216) is 2.8%, calculated from a median property price of $1,375,000 and average Brooklyn rents of $3,200/month.