Skip to main content

Cobble Hill and DUMBO in the top ten priciest neighborhoods in NYC in 2019

Property Shark has released its annual listing of the most expensive neighborhoods in New York with medium sale prices in 2019. Cobble Hill ranked #9 and DUMBO #10 most expensive neighborhoods in New York City last year, with DUMBO loosing the lead to Cobble Hill in Brooklyn.

With a significant 82% Y-o-Y gain, Cobble Hill rose to Brooklyn’s top spot with a $1.6 million median price. Contributing to the surge in 2019 were 24 sales at The Cobble Hill House (with a $2.2 million median) and 12 sales at Polhemus that registered a $4.3 million median.

Consequently, DUMBO and Boerum Hill – the first- and second-most expensive Brooklyn neighborhoods for two years straight – lost their respective spots in 2019. DUMBO dipped 20% and Boerum Hill dropped 33%, with medians of $1.5 million and $1.1 million, respectively.

The Latest for Brooklyn Parents

Top