Property Prices in Borough Park, Brooklyn (11232)

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

Last updated: 03/13/2026
$1,110,037
Median Price
$1,474,743
Average Price
214
Transactions
$810
Avg. Price / Sq Ft

Average Property Price in Borough Park

The average property price in Borough Park, Brooklyn (11232) is $1,474,743, based on 214 transactions recorded by the NYC Department of Finance. The median price is $1,110,037, giving a price range from $25,000 to $20,000,000.

The average price per square foot is $810.

Transaction Volume (Last 12 Months)

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

Recent Sales

Date Price Type Address Sq Ft $/Sq Ft
2025-12-19 $360,000 Walk-up 705 41St Street, 7
2025-12-17 $1,750,000 Mixed Use 959 4Th Ave 3,000 $583
2025-12-17 $385,000 Walk-up 683 41St Street, 20
2025-12-12 $1,500,000 2-Family 191 19 Street 1,890 $794
2025-12-11 $620,000 Walk-up 765 42Nd Street, 17
2025-12-11 $1,900,000 Mixed Use 878 4 Avenue 5,400 $352
2025-12-03 $2,500,000 Other 217 19 Street
2025-11-26 $6,475,000 Other 4717 1 Avenue 4,275 $1,515

NYC Transfer Tax Calculator for 11232

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

3.5%
Estimated Gross Rental Yield
Based on median price of $1,110,037 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 214 comparable sales →

Nearby ZIP Codes in Brooklyn

Frequently Asked Questions

What is the average property price in 11232?
The average property price in Borough Park, Brooklyn (11232) is $1,474,743, with a median price of $1,110,037. This is based on 214 recent transactions recorded by the NYC Department of Finance.
How many properties were sold in 11232?
There have been 214 property transactions recorded in Borough Park, Brooklyn (11232) 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 11232?
The estimated gross rental yield in Borough Park, Brooklyn (11232) is 3.5%, calculated from a median property price of $1,110,037 and average Brooklyn rents of $3,200/month.