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25+ years experience · 1,000+ transactions · 5-star reviews
Brooklyn · New York, NY
23 active listings · Median $1.7M
Calculating market narrative...
A co-op-led submarket with softening rents, sale values below the 5-year high, and sale listings clearing quickly.
Median asking rent in DUMBO is $5,750/month, $745 below the 5-year high set in Jul 2022. Rents are down -5.0% year over year and +27.8% over the past 5 years. Median sale price stands at $1.69M, 32.8% below the 5-year high recorded in Mar 2026. Sale prices are down -6.0% year over year. Sale listings are clearing 22 days faster than at this point last year.
Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.
Source: StreetEasy market data, through Jun 2026.
DUMBO (Down Under the Manhattan Bridge Overpass) sits between the Brooklyn and Manhattan Bridges along the East River waterfront, with a 95-building historic district of converted industrial warehouses. The housing market features spacious loft residences with exposed brick and high ceilings alongsi...
In my 25+ years selling real estate across New York City, I use this DUMBO data in real negotiations, not just for a web page.
| Borough | Brooklyn |
| Zip Code | 11201 |
| Subway | 2, 3, A, C, F, R trains |
| Building Types | Condos |
Stations: York St (0.16 mi), High St (0.31 mi), Clark St (0.48 mi), Court St (0.67 mi), East Broadway (0.73 mi)
Midtown: 14 min (F express from York St)
| School | Grades | Dist |
|---|---|---|
| Henry Street School for International Studies | 6-12 | 0.73 mi |
| Henry Street School for International Studies | 6-12 | 0.73 mi |
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
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DUMBO housing is loft residences in converted industrial warehouses within a historic district, plus newer condominiums along the East River. Buyers weigh them against the F at York Street, the A/C at High Street and Brooklyn Bridge Park. Condo and loft sellers should have the offering plan amendments and common-charge history ready; co-op loft sellers, the board package and building financials.
Built on your building's comparable sales, not a portal estimate.
Seven questions, plus a 2-to-4 family mode with your rent roll.
Commission, transfer taxes, flip tax and payoff, line by line.
Open HPD and DOB items, registration and lien status for 1-to-4 family owners.
With the address I can look at what sold in your building and on your block. If you would rather not give it yet, the email alone is enough.
Calculating market narrative...
| Inventory & Activity | |
| Active Listings | 110 |
| Pending Sales | 6 |
| New This Week | 0 |
| New This Month | 9 |
| Avg DOM | 56 days |
| Price Cut Rate | 20.9% |
| Recent Sales | |
| Sold Last 30 Days | 0 |
| Sold Last 90 Days | 5 |
| Sale-to-List | -- |
| Asking Prices | |
| Median Asking | $1,687,500 |
| Average Asking | $2,845,870 |
| Median $/SqFt | $1,468 |
| Median Condo | $1,687,500 |
| Median Co-op | $2,200,000 |
Based on active listings in DUMBO
| Type | Active Listings | Median Price | Price Range |
|---|---|---|---|
| Studio | 1 | too few | $975K - $975K |
| 1 Bedroom | 7 | $1,175,000 | $885K - $1.90M |
| 2 Bedrooms | 8 | $2,422,500 | $1.45M - $4.00M |
| 3+ Bedrooms | 7 | $3,495,000 | $2.35M - $15.00M |
View active listings by size:
Properties in DUMBO
REBNY/RLS Disclaimer: Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is refreshed every 15 minutes per REBNY IDX requirements.
Experience across NYC
Transactions closed
Active in Brooklyn
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For DUMBO buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
I was trying to rent out my newly renovated condo in NYC's competitive rental market, and Milton Coste handled everything from start to finish. Milton knows the area inside out and was communicative, knowledgeable, and proactive throughout the entire process. Thanks to his expertise, he found a great tenant within just one week at a strong rental price. I highly recommend Milton to anyone looking for a reliable, professional, and results-driven real estate broker.
Milton helped me purchase my first Manhattan condo, and I can't recommend him highly enough. What could have been a stressful process ended up feeling remarkably smooth. From the initial offer through closing, Milton was responsive, knowledgeable, and always willing to take the time to answer questions and explain the details. I always felt informed and supported, but never pressured. If you're looking for a broker who is knowledgeable, trustworthy, responsive, and genuinely invested in helping his clients succeed, I would absolutely recommend Milton.
NYC condo due diligence goes beyond inspections. Board financials, special assessments, and litigation history can kill a deal.
Manhattan median hit $1.15M (+4.7%), Brooklyn crossed $935K, Queens jumped 6.2% to $680K. Spring 2026 inventory down 18% YoY. Full borough-by-borough data.
Brooklyn median prices run 30-50% higher than Queens for comparable apartments. Here is where first-time buyers get the most value in each borough.
Manhattan's median sale price hit $1.1M in Q4 2025 while Brooklyn crossed $1M for the first time. Here is what each borough offers at every price point.
Texas has 0% state income tax. New York's combined state plus city rate hits 14.7% at the top. If you are moving from Austin to NYC, that tax shift is the biggest financial number in your budget and most buyers underestimate it.
Miami's median condo price hit $650K in 2026, within striking distance of comparable Brooklyn inventory. Here is how the tax shift from Florida to New York changes the monthly number and which NYC neighborhoods fit the Miami lifestyle.
No new sale listings in the last 7 days.
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The median sale price in DUMBO is $1.7M. Condos sit at a median of $1.7M and co-ops at $2.2M. Sale prices are down 6.0% year over year.
No. The median sale price in DUMBO is currently 32.8% below the 5-year high recorded in March 2026. That gap can favor buyers searching for value relative to the neighborhood's past peak.
Sale listings in DUMBO have a median of 56 days on market. That is 22 days faster than the same point a year ago. Roughly 20.9% of active listings have recorded a price cut, suggesting some negotiating room.
DUMBO is broadly balanced right now, with median days on market at 56 days and 20.9% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.
DUMBO offers both co-ops and condos. Co-ops are the higher-priced segment at a $2.2M median, with condos at $1.7M.
Roughly 11 homes change hands each month in DUMBO across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.
The overall median asking rent in DUMBO is $5,750/month. Live RLS listings show 1-bedrooms at $5,500, 2-bedrooms at $9,650 per month. Rents are down 5.0% year over year.
Median asking rent in DUMBO is currently $745 below the 5-year high set in July 2022. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.
Median asking rent in DUMBO has risen 27.8% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.
Within walking or short-transit distance of DUMBO, median sale prices range across Chinatown at $9.8M, Downtown Brooklyn at $1.6M, Lower East Side at $1.5M, Brooklyn Heights at $985K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
DUMBO is served by the 2, 3, A, C, F, R trains. The commute to Midtown Manhattan runs roughly 14 minutes from York St.
Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like DUMBO, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: milton@miltoncoste.com.
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Licensed Real Estate Associate Broker
Keller Williams NYC · NY #10301213304
25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in DUMBO, I will guide you every step of the way.
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