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DUMBO, Boerum Hill and Red Hook in the top ten priciest neighborhoods in NYC

Property Shark has released his annual listing of the most expensive neighborhoods in New York with medium sale prices in 2017. DUMBO is ranked at #6, Boerum Hill at #8 and Red Hook at #9 .

With a median price of $1,980,496, DUMBO is Brooklyn’s #1 most expensive neighborhood.

Currently Brooklyn’s 2nd priciest neighborhood, Boerum Hill improved its positions thanks to a large volume of sales, mostly in newly launched luxury developments. Also ranking as New York’s #8 most expensive neighborhood, Boerum Hill closes 2017 with a $1,629,200 median sale price, registering a 52% year-over-year increase, the 4th highest in the city.

Ranking 16th the previous year, Red Hook climbed into the top 10 in 2017, landing at #9 with a median price of $1,625,000.

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