This video covers: i) macroeconomic factors influencing real estate prices, ii) The current state of the real estate market in Brooklyn, iii) whether we are in a seller’s market or a buyer’s market , iv) the direction of supply and demand in Brooklyn and iv) Differences in price, price per square foot and other real estate measures across Brooklyn neighborhoods including, Park Slope, Brooklyn Heights, Bay Ridge, Bedford Stuyvesant, Fort Greene and others.
Just sold this 4-family investment property in Park Slope’s Historic District. Given rent increases in the past year, it represented a great opportunity to pick up stable/increasing cash flow and tax benefits on a classic building, perfectly situated in a thriving neighborhood. There are more out there. Something for opportunistic investors and end users to consider before the market picks up steam again.