Property Prices in Boerum Hill, Brooklyn (11217)

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

Last updated: 03/13/2026
$1,550,000
Median Price
$2,615,805
Average Price
1,548
Transactions
$1,240
Avg. Price / Sq Ft

Average Property Price in Boerum Hill

The average property price in Boerum Hill, Brooklyn (11217) is $2,615,805, based on 1,548 transactions recorded by the NYC Department of Finance. The median price is $1,550,000, giving a price range from $10,000 to $55,000,000.

The average price per square foot is $1,240.

Transaction Volume (Last 12 Months)

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

Recent Sales

Date Price Type Address Sq Ft $/Sq Ft
2025-12-26 $1,300,000 Condo 489 Atlantic Avenue, 4A
2025-12-23 $750,000 Condo 101 4 Avenue, 2R
2025-12-19 $750,000 Condo 1 Hanson Place, 706
2025-12-19 $2,200,000 Walk-up 22 8Th Avenue, 3
2025-12-19 $3,750,000 Walk-up 135 St. Marks Avenue 2,250 $1,667
2025-12-18 $2,900,000 3-Family 12 Sterling Place 2,331 $1,244
2025-12-17 $5,700,000 1-Family 244 Bergen Street 4,080 $1,397
2025-12-17 $40,000,000 Elevator Apt 599 Baltic Street 61,158 $654

NYC Transfer Tax Calculator for 11217

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 Boerum Hill

2.5%
Estimated Gross Rental Yield
Based on median price of $1,550,000 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 1,548 comparable sales →

Nearby ZIP Codes in Brooklyn

Frequently Asked Questions

What is the average property price in 11217?
The average property price in Boerum Hill, Brooklyn (11217) is $2,615,805, with a median price of $1,550,000. This is based on 1,548 recent transactions recorded by the NYC Department of Finance.
How many properties were sold in 11217?
There have been 1,548 property transactions recorded in Boerum Hill, Brooklyn (11217) 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 11217?
The estimated gross rental yield in Boerum Hill, Brooklyn (11217) is 2.5%, calculated from a median property price of $1,550,000 and average Brooklyn rents of $3,200/month.