The rent is going up.
Brooklyn is certainly no stranger to increasing rent hikes. While Tribeca remains the priciest neighborhood (eyeroll), more and more BK nabes are climbing higher on the list recently posted by PropertyShark.
In fact, Greenpoint made a dramatic jump. The neighborhood rose from #41 to #14, with a 37% increase in prices. Whoa. Adding to that tidbit, there were “99 residential deals closed in Greenpoint year-over-year, with a median of $1.22 million.”
While that jump may be steep, there are other nabes with heftier price tags. DUMBO scored the fifth spot with a median home sale of $1.8 million. That’s not small change.
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