ISSUE NO. 08 · 2026
Building Rental Activity
Williamsburg Sales Report
Williamsburg Rental Report
The sales board at the Edge South Tower is nearly cleared. One unit is listed for sale — #5T, a one-bedroom asking $1.29 million that arrived within the last month — no sale closed in the past thirty days, and two are in contract: a pair of two-bedrooms, #25D at $2.295 million, which found its buyer in thirty-four days at full ask, and #4R at $2.25 million, which took 171 days and a $145,000 reduction to get there.
The two contracts tell the whole pricing story between them: same building, same unit type, opposite experiences, one variable. One signed in a month at ask; the other listed last November and signed only after meeting the market.
The lone active has the floor to itself — nineteen days in, no cut, about $2,154 per square foot. It is the building's median ask and its entire by-type story in a single listing, and in a neighborhood carrying barely three months of supply, scarcity inside the building works in its favor.
Bottom line — Two contracts and one listing left is what absorption looks like. If you've considered selling here, you'd be entering an almost empty field in a fast market — and the two contracts just proved both ways it can go: price to the moment and sign in a month, or chase the market down for six.
Five units are listed for rent and two are in contract — a 29% lease-up rate on the current pipeline, with the active listings averaging just two weeks on market. The contracts moved even faster: a studio at $4,300 signed in fourteen days, a two-bedroom at $7,500 in six.
The active board spans the building's whole range — one-bedrooms at $5,650 and $5,800, two-bedrooms at $7,995 and $9,500, and a three-bedroom penthouse at $17,500 — a median ask of $7,995. Only one has cut: the $5,650 one-bedroom, down from $6,000, the longest-listed of the five.
And the signed leases prove the demand: three Edge South leases closed in July — #27J at $8,000 in eleven days, #23K at $9,500 in thirty-seven, and #25L at $6,500 in twenty-two after a $450 trim. Every tier of this building transacted this month.
Bottom line — Three leases signed, two more in contract, and a fresh board priced to type — rentals here clear in days to weeks. If your unit is coming vacant, list it at the number its type commands; the market is answering fast.
| Apt | Size | SF | Price | Reduction |
|---|---|---|---|---|
| 4R IN CONTRACT |
2 Bed | 1,335 | $2,250,000 $1,685/SF |
|
| 25D IN CONTRACT |
2 Bed | 1,157 | $2,295,000 $1,983/SF |
|
| 5T | 1 Bed | 599 | $1,290,000 $2,153/SF |
| Apt | Size | SF | Rent | Reduction |
|---|---|---|---|---|
| 26I IN CONTRACT |
Studio | 509 | $4,300 |
|
| 4P IN CONTRACT |
2 Bed | 878 | $7,500 |
|
| 8Q | 1 Bed | 654 | $5,650 |
$350 (−5.8%) |
| 8F | 1 Bed | 675 | $5,800 |
|
| 6F | 2 Bed | 988 | $7,995 |
|
| 16H | 2 Bed | 1,101 | $9,500 |
|
| PH3E | 3 Bed | 1,987 | $17,500 |
Fifty-seven homes closed in Williamsburg in thirty days — a heavy month, powered by new-development closings along the waterfront — at a median of $1.845 million and $1,701 per square foot, ranging from $745,000 at the entry to $7.75 million at the top.
The number that defines this market is the discount: sellers who closed gave up just 1.2% off final ask, and a meaningful share closed at or above it. Against that, 186 homes are actively listed with 103 in contract — 3.3 months of supply, a pipeline running at more than half the shelf.
Where sellers waited, it was measured — setting aside the sponsor closings that record at contract, the resales that closed averaged 69 days — but waiting is not the same as conceding here. This is the strongest sales market in this report family, and it isn't close.
Bottom line — Williamsburg is a seller's market by every measure that matters: deep closing volume, a thin discount, and a contract pipeline more than half the size of the active shelf. If you own here, you're holding an asset the market is actively competing for.
A hundred sixteen units rented in Williamsburg in thirty days, with ninety-one more in contract. The median lease signed at $5,325, the average at $5,944, and the range ran from $3,190 at the entry to $20,000 a month at the top.
The tempo is three weeks — 21 days on market on average — and against 297 active listings the closing pace works out to about two and a half months of supply. Depth is the story: from walk-ups to waterfront penthouses, everything is transacting, and the price cuts among the closed leases were small and scattered.
Bottom line — Fast, deep, and firm — Williamsburg rentals give a landlord every advantage except an excuse for a long vacancy. Price to type and the market does the rest.
New York, NY 10003