Property Prices in Borough Park, Brooklyn (11230)

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

Last updated: 03/13/2026
$785,026
Median Price
$1,276,260
Average Price
680
Transactions
$873
Avg. Price / Sq Ft

Average Property Price in Borough Park

The average property price in Borough Park, Brooklyn (11230) is $1,276,260, based on 680 transactions recorded by the NYC Department of Finance. The median price is $785,026, giving a price range from $15,000 to $15,500,000.

The average price per square foot is $873.

Transaction Volume (Last 12 Months)

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

Recent Sales

Date Price Type Address Sq Ft $/Sq Ft
2025-12-31 $320,000 Elevator Apt 1577 East 17Th Street, 6C
2025-12-30 $15,000 Condo 623 Avenue H, Ps1
2025-12-29 $3,500,000 2-Family 1534 East 10 Street 2,720 $1,287
2025-12-23 $350,000 Elevator Apt 1360 Ocean Parkway, 7B
2025-12-22 $2,999,999 1-Family 1569 East 4 Street 2,545 $1,179
2025-12-22 $1,725,000 2-Family 1534 East 3 Street 2,544 $678
2025-12-19 $3,600,000 Other 1306-1312 Avenue J 6,000 $600
2025-12-18 $1,650,000 2-Family 1205 Avenue I 2,640 $625

NYC Transfer Tax Calculator for 11230

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 Borough Park

4.9%
Estimated Gross Rental Yield
Based on median price of $785,026 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 680 comparable sales →

Nearby ZIP Codes in Brooklyn

Frequently Asked Questions

What is the average property price in 11230?
The average property price in Borough Park, Brooklyn (11230) is $1,276,260, with a median price of $785,026. This is based on 680 recent transactions recorded by the NYC Department of Finance.
How many properties were sold in 11230?
There have been 680 property transactions recorded in Borough Park, Brooklyn (11230) 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 11230?
The estimated gross rental yield in Borough Park, Brooklyn (11230) is 4.9%, calculated from a median property price of $785,026 and average Brooklyn rents of $3,200/month.