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25+ years experience · 1,000+ transactions · 5-star reviews
Brooklyn · New York, NY
1 active listings · Median $734K
Calculating market narrative...
A primarily condo submarket with strong rent growth and sale listings clearing quickly.
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 $734K, 2.1% below the 5-year high recorded in Jan 2025. Sale prices are up +0.8% year over year. Sale listings are clearing 76 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.
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
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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.
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 | 21 |
| Pending Sales | 3 |
| New This Week | 0 |
| New This Month | 0 |
| Avg DOM | 16 days |
| Price Cut Rate | 9.5% |
| Recent Sales | |
| Sold Last 30 Days | 0 |
| Sold Last 90 Days | 2 |
| Sale-to-List | -- |
| Asking Prices | |
| Median Asking | $734,000 |
| Average Asking | $500,000 |
| Median $/SqFt | $371 |
| Median Condo | -- |
| Median Co-op | -- |
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 | 0 | -- | -- |
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
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 Gerritsen Beach 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 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.
Co-ops make up nearly 70% of NYC housing stock but require board approval. Condos cost more but offer flexibility. Here's how to decide.
Pre-approval gives you a 20-30% edge in NYC bidding wars. Here's what lenders need and how to set your budget ceiling.
Roughly 1 in 8 co-op board applications gets rejected. Here's how to prepare your package and ace the interview.
No new sale listings in the last 7 days.
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The median sale price in Gerritsen Beach is $734K.
Yes. The median sale price in Gerritsen Beach sits within a few percent of the 5-year high. Pricing is firm and listings priced near the comparable median tend to clear with limited room for negotiation.
Sale listings in Gerritsen Beach have a median of 16 days on market. That is 76 days faster than the same point a year ago. Only 9.5% of active listings have a price cut on record, signaling tight pricing.
Gerritsen Beach is broadly balanced right now, with median days on market at 16 days and 9.5% 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 $2.5M, Bergen Beach at $1.1M, Mill Basin at $960K, Marine Park at $880K. 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 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 Gerritsen Beach, I will guide you every step of the way.
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