ISSUE NO. 07 · 2026
Building Rental Activity
Williamsburg Sales Report
Williamsburg Rental Report
Six sales closed this quarter, every one between $1,629 and $1,889 a foot. That's the number that holds.
Across studio, one-bed, and two-bed, price per foot stayed tight and high — under a 16% spread top to bottom.
The median fell to $1,243,750. Don't read that as a drop. Q1 was two sales; Q2 was six, weighted toward smaller units. The median moved because the mix did — and volume more than doubled.
Time was split. Four units closed in three weeks or less. Two sat longer, at 73 and 169 days. Sale-to-list held at 96.4%.
Bottom line — At six sales there's no single building price, but the per-foot floor held high. Value your unit on $/SF against this set, not on the median — the median tells you what sold, not what yours is worth.
Nineteen units leased this quarter, up sixteen from Q1.
That's the story — volume, not price. The building leased more than three times what it did in Q1, and the median rose only modestly, to $6,000. Demand deepened without stretching rents.
Most units moved fast. The 14.2-day average is dragged by two outliers — a 2-bed that sat 54 days, a 1-bed at 40. Strip those and the building leased in roughly a week. Studios cleared around $4,200, one-beds $5,500 to $6,850, two-beds $7,500 to $9,500.
Time is the only cost here, and for most units it was short.
Bottom line — This is a landlord's quarter. Deep demand across every unit type, quick absorption, firm rents. If you're holding empty, price to type and expect it to move — the two units that lingered are the exception, not the read.
| Apt | Size | Sold | DOM | Date |
|---|---|---|---|---|
| 4R | 2 Bed | $2,175,000 $1,629/SF |
169 | May 27 |
| 11B | 1 Bed | $1,220,000 $1,773/SF |
20 | May 19 |
| 22E | Studio | $895,000 $1,827/SF |
44 | May 4 |
| PH4A | 1 Bed | $1,267,500 $1,837/SF |
73 | Apr 28 |
| 4S | 2 Bed | $2,235,000 $1,889/SF |
21 | Apr 17 |
| 9A | 1 Bed | $1,199,000 $1,784/SF |
16 | Apr 14 |
| Apt | Size | Last Asking | DOM | Leased |
|---|---|---|---|---|
| 27D | 2 Bed | $9,500 |
9 | Jun 25 |
| 14A | 1 Bed | $5,895 |
6 | Jun 17 |
| 10L | 1 Bed | $6,850 |
7 | Jun 12 |
| 26F | Studio | $4,200 |
16 | Jun 8 |
| 23K | 2 Bed | $9,500 |
8 | Jun 2 |
| 16I | Studio | $4,200 |
6 | Jun 1 |
| 20J | 2 Bed | $7,500 |
54 | May 31 |
| 26B | 1 Bed | $6,495 |
6 | May 29 |
| 11B | 1 Bed | $5,795 |
4 | May 25 |
| 24E | Studio | $4,250 |
14 | May 11 |
| 17B | 1 Bed | $6,000 |
39 | May 8 |
| 27J | 2 Bed | $8,000 |
5 | May 4 |
| 8N | Studio | $4,525 |
7 | Apr 22 |
| 12C | 2 Bed | $8,500 |
4 | Apr 16 |
| 8E | 2 Bed | $8,495 |
7 | Apr 16 |
| 25D | 2 Bed | $8,895 |
— | Apr 12 |
| 8L | 1 Bed | $5,450 |
11 | Apr 9 |
| 23F | Studio | $4,200 |
12 | Apr 7 |
| 28A | 1 Bed | $5,750 |
40 | Apr 4 |
Point-six percent. That's the gap between ask and final across the quarter.
Sellers in Williamsburg are closing at essentially full price. The median held at $1.5M, $1,601 a foot, on three and a half months of supply — thin, and buyers are competing for it.
The pace backs it up. A hundred fifty-nine closings, up from 120 in Q1, and the average sale went to contract in 40 days against 62. More volume, moving faster. The neighborhood accelerated this quarter.
Bottom line — This is a seller's quarter, and the discount is the proof. If you're holding, values are firm and time is on your side. If you're selling, the market gives you almost no room to give away — price it right and these numbers do the work.
Three hundred thirty units rented, and the median climbed to $5,250.
The rental market strengthened on every axis this quarter. Volume rose to 330 from 253 in Q1. The median moved up from $5,000, the average from $5,510 to $5,799. Rents didn't just hold — they rose.
Pace tightened with them. Days on market fell to 21 from 26. Supply sits at 2.74 months. Ninety-one units are already in contract. Demand is deep and moving quickly.
Unlike a mix-driven median, this one rose alongside the average — both up together. That's real rent growth, not composition.
Bottom line — This is a landlord's quarter, and a clean one. More leases, higher rents, faster absorption. If you're holding empty, the market is paying more and asking you to wait less — price to the strength, not below it.
Brooklyn, NY 11249