Property Prices in Gravesend, Brooklyn (11223)

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

Last updated: 03/13/2026
$1,150,000
Median Price
$1,506,108
Average Price
603
Transactions
$726
Avg. Price / Sq Ft

Average Property Price in Gravesend

The average property price in Gravesend, Brooklyn (11223) is $1,506,108, based on 603 transactions recorded by the NYC Department of Finance. The median price is $1,150,000, giving a price range from $10,000 to $11,600,000.

The average price per square foot is $726.

Transaction Volume (Last 12 Months)

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

Recent Sales

Date Price Type Address Sq Ft $/Sq Ft
2025-12-22 $880,000 1-Family 133 Quentin Road 1,184 $743
2025-12-22 $1,310,000 Other 2345 West Street
2025-12-18 $1,780,000 3-Family 1852 West 10Th Street 2,400 $742
2025-12-18 $2,350,000 3-Family 1681 East 8 Street 4,000 $588
2025-12-18 $258,000 Elevator Apt 367 Avenue S, 1E
2025-12-18 $290,000 Elevator Apt 2569 West 2Nd Street, 4G
2025-12-17 $232,000 Elevator Apt 735 Avenue W, 1M
2025-12-16 $1,900,000 2-Family 2058 East 9 Street 2,275 $835

NYC Transfer Tax Calculator for 11223

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 Gravesend

3.3%
Estimated Gross Rental Yield
Based on median price of $1,150,000 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 603 comparable sales →

Nearby ZIP Codes in Brooklyn

Frequently Asked Questions

What is the average property price in 11223?
The average property price in Gravesend, Brooklyn (11223) is $1,506,108, with a median price of $1,150,000. This is based on 603 recent transactions recorded by the NYC Department of Finance.
How many properties were sold in 11223?
There have been 603 property transactions recorded in Gravesend, Brooklyn (11223) 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 11223?
The estimated gross rental yield in Gravesend, Brooklyn (11223) is 3.3%, calculated from a median property price of $1,150,000 and average Brooklyn rents of $3,200/month.