Q2 Market Updates plus Brooklyn's latest rental & condo launches
This week's Top Rental Listings around the neighborhood (Park Slope, Prospect Heights, Windsor Terrace, Gowanus)
Whether you’re planning your open house weekend, or just want to keep a pulse on the local real estate market, we’ve got you covered! This week’s rental listings are focused on 2-3 bedroom apartments.
Brooklyn By The Quarter: 2025 Q2
By Casey Soloff, Licensed Real Estate Salesperson with Compass, a 20 year resident of Brooklyn, and founder of the monthly Dadurdays meetup at Wild East Brewing Co. in Gowanus.
Q2 2025 delivered a few interesting developments worth noting. While the rental market was adjusting to the new reality of the FARE Act, the sales market had its own story to tell: co-ops posted notably strong performance with sales up 12.5% year-over-year and median prices jumping 42%, while condos saw their first significant decline in recent memory.
Discover why - and get a deeper dive into the latest Brooklyn market trends - in the full Brooklyn by the Quarter report from Casey Soloff.
Top Real Estate News
Here’s a quick roundup on real estate news happening around this part of Brooklyn:
Tolib Mansurov - a Brooklyn developer accused of orchestrating straw-donor contributions for Mayor Eric Adams - is behind plans for a 99-unit, 14-story mixed-use building at 67 Fourth Ave in Park Slope (between Bergen St & St Marks Pl). [The Real Deal] [Crain’s]
Paseo on Fifth, a new four‑story, 49‑unit luxury rental at 50 Paseo Place in Park Slope (Between Baltic & Douglass St, where the old Key Foods parking lot on 5th Ave used to be), is now leasing. [New York Business Journal]
A 125-year-old parking garage at 38 State Street in Brooklyn Heights is set to be transformed into a five-unit luxury condominium. The Landmarks Preservation Commission has approved the project, which will preserve the building's Art Deco façade while introducing modern residential amenities. [New York Business Journal]
Sales have launched at The Abbey, a 19th-century Gothic Revival church in Fort Greene now converted into 12 luxury condos. Units range from $1.195M for one-bedroom homes to $4M for a three-bedroom, featuring original stonework, vaulted ceilings, and stained glass windows. [The New York Times]
Stoop of the Week
“File this under ‘Beautiful Brooklyn buildings on blocks that are completely overlooked.’ This 1887 building, designed by architect William H. Tubby, was originally the Bureau of Charities Headquarters.” - @glennb1134
Address: 67 Schermerhorn Street in Downtown Brooklyn
“This is an overlooked building on an often overlooked street. William Tubby is considered one of Brooklyn’s finest architects, with his most well known works in Clinton Hill, as oft-time architect to oil magnate Charles Pratt. This building was built as offices and facilities for the Bureau of Charities, the Labor Bureau, and the Union for Christian Works, an influential charity. A main feature of the building was a basement library room for men, and a large third floor library for the general public. Today the building is the Educational Alliance: TEEN AID center.” - Brownstoner
This Week’s Must-See Property Rentals
Whether you’re planning your open house weekend, or just want to keep a pulse on (or take a peek at) what the real estate market looks like, here are our real estate listings for this week focusing on property rentals with 2-3 bedrooms.
I use StreetEasy as the listing source to recommend properties that I would live in myself, and have searched within the boundaries of Park Slope and surrounding neighborhoods (Gowanus, Windsor Terrace, Prospect Heights). All prices are per month, and only listings in the last 7 days are shown - except where there are price drops. All sales jargon has been magically removed ✨
Photo credits: Streeteasy listings
Top Rental Listings: 2-3 bedrooms
261 14th Street #2A: $3,500
2 beds 1 bath
700 ft²
In a building of 20 units, 5 stories; 1923 built
Pet-friendly
Appliances: dishwasher
Heat & water included
806 President Street #4B: $3,850
2 beds 1 bath
~~ This listing plus more 2 & 3 bedroom listings continue below ~~