Brooklyn · New York, NY
3 active listings · Median $670K
Calculating market narrative...
A rental-heavy submarket with strong rent growth, rising sale prices, and sale listings sitting longer than a year ago.
Median asking rent in Gerritsen Beach is $4,500/month, $500 below the 5-year high set in Sep 2025. Rents are up +150.0% year over year and +91.5% over the past 5 years. Median sale price stands at $670K, 10.7% below the 5-year high recorded in Jan 2025. Sale prices are up +22.9% year over year. Sale listings are clearing 42 days slower 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.
Gerritsen Beach is a waterfront neighborhood on Jamaica Bay featuring compact frame bungalows, two-story cottages, and brick homes, many with private boat docks along Gerritsen Creek and the Gotham Avenue Canal. The neighborhood maintains its coastal character with narrow streets, and residents acce...
In my 25+ years selling real estate across New York City, I use this Gerritsen Beach data in real negotiations, not just for a web page.
Stations: Bus service available
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
The zip that covers Gerritsen Beach (11229) holds about 6,400 one-family lots in the city's PLUTO tax-lot data, and about 5,900 residential lots date from 1930 to 1959. Buyers weigh frame bungalows and brick houses, many with docks on Gerritsen Creek, against a commute that runs through the B31 and B44 buses rather than a subway. Sellers should have the certificate of occupancy and any open DOB items in hand.
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Gerritsen Beach has 3 active listings for sale on the RLS/REBNY feed.
| Inventory & Activity | |
| Active Listings | 3 |
| Pending Sales | 1 |
| New This Week | 1 |
| New This Month | 2 |
| Avg DOM | 72 days |
| Price Cut Rate | 14.3% |
| Recent Sales | |
| Sold Last 30 Days | 0 |
| Sold Last 90 Days | 1 |
| Sale-to-List | 97.0% |
| Asking Prices | |
| Median Asking | $670,000 |
| Average Asking | $716,667 |
| Median $/SqFt | $371 |
| Median Condo Ask | -- |
| Median Co-op Ask | -- |
Based on active listings in Gerritsen Beach
| Type | Active Listings | Median Price | Price Range |
|---|---|---|---|
| Studio | 0 | -- | -- |
| 1 Bedroom | 0 | -- | -- |
| 2 Bedrooms | 1 | too few | $500K - $500K |
| 3+ Bedrooms | 2 | too few | $550K - $1.10M |
View active listings by size:
Properties in Gerritsen Beach
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
NYC transactions
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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 Gerritsen Beach buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
Milton did a great job at helping me find my coop apartment that was the perfect fit for me. He explored the possibilities with the tours, gave me the information needed to know if I qualified for a mortgage and gave his experience with negotiating a price that I was comfortable with. He is personable, experienced and professional. I felt like I was being led in the right direction and I was. I would recommend his real estate services whole heartedly. Great experience with Milton!
Milton did an indispensable job assisting us with renting our condominium unit. As a first-time renter in NYC, I couldn’t have done it without Milton’s expertise and help. He was professional and communicative, and he really supported us through every step of the way, from the first tour to lease-signing to move-in. I mean this especially for the condo application process, which I had no experience with and which Milton took the time to guide us with, like compiling and informing us of exactly what materials we needed, what the timeline was gonna look like, walking us through the application site, letting us know about anything we missed filling out, etc. Super recommend Milton as your broker.
Quarterly report
Brooklyn Market Report, 3Q 2026
$1,160,500 median sale price. Download the full report
NYC listings spent a median 58 days on market in June 2026, 8 under the 10-year norm. Every borough beat its average. DoM by borough, type, and area.
On a $1M NYC purchase: co-ops run $20K-$30K, condos $38K-$42K, new dev $60K+. See every fee, who pays, and 5 ways to cut your bill.
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Sale listings that came on the market in the last 7 days.
Homes in Gerritsen Beach take a median 72 days to go into contract. Source: StreetEasy market data.
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Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Gerritsen Beach has 3 active listings for sale on the RLS/REBNY feed right now. Of those that list a bedroom count: 1 two-bedroom and 2 with three or more bedrooms.
The median sale price in Gerritsen Beach is $670K. Sale prices are up 22.9% year over year.
No. The median sale price in Gerritsen Beach is currently 10.7% below the 5-year high recorded in January 2025. That gap can favor buyers searching for value relative to the neighborhood's past peak.
Sale listings in Gerritsen Beach have a median of 72 days on market (the time from listing to a signed contract, per StreetEasy). That is 42 days slower than the same point a year ago. Roughly 14.3% of active listings have recorded a price cut, suggesting some negotiating room.
Gerritsen Beach is broadly balanced right now, with median days on market at 72 days and 14.3% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.
Roughly 3 homes change hands each month in Gerritsen Beach 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 Gerritsen Beach is $4,500/month. Rents are up 150.0% year over year.
Median asking rent in Gerritsen Beach is currently $500 below the 5-year high set in September 2025. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.
Median asking rent in Gerritsen Beach has risen 91.5% 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 Gerritsen Beach, median sale prices range across Manhattan Beach at $1.5M, Mill Basin at $988K, Bergen Beach at $985K, Marine Park at $811K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
Gerritsen Beach is served by the Bus service. The commute to Midtown Manhattan runs roughly 178 minutes from Nearest bus stop.
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 Gerritsen Beach, 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 and 1,100+ NYC property transactions across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals, and he works in English and Spanish. 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 1,100+ transactions across NYC. Whether you are buying, selling, or leasing in Gerritsen Beach, I will guide you every step of the way.
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