Brooklyn’s Priciest Block is in Midwood


Property Shark has put together an interactive map that highlights Brooklyn blocks that have had the biggest residential sales over the past couple of years. To our surprise, the priciest block in the borough isn’t in Gravesend or Brooklyn Heights but in Midwood: The block that runs from Avenue I to Avenue J between Ocean Parkway and 7th Avenue is the top block, with a median sale price of $4,350,000. (The map is based on median sale prices for residential transactions closed in 2010 and 2011 and shows only the blocks that had 3 or more sales.) Aside from that block in Midwood, though, most of the priciest blocks are in brownstone Brooklyn: Coming in second place is Joralemon Street to State Street between Willow and Hicks in Brooklyn Heights (median price=$3,125,000); third place goes to the Park Slope block from 2nd to 3rd Street between 8th Ave and Prospect Park West ($2,818,775); and fourth and fifth places are claimed by Cobble Hill, with Warren to Baltic between Clinton and Court seeing a median price of $2,800,000 and Hicks to Henry between Baltic and Kane having a median price of $2,700,000. Gravesend, despite having a few blockbuster sales every year, didn’t make the top 10.
Residential Sales by Block [Property Shark]

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