Bushwick ranks as the single best New York City neighborhood for homebuyers in 2026, according to a StreetEasy roundup that put the Brooklyn neighborhood at the top of a 10-neighborhood list. StreetEasy said Bushwick paired a median asking price of $999,000 — down 16.3 percent year over year — with the largest jump in for-sale inventory on the list, up 30.3 percent to 172 homes, the kind of combination the listing site said gives buyers who have been waiting on the sidelines both more options and more negotiating leverage. The company framed the broader list as evidence that shifting market conditions over recent months may make 2026 an opportune year to buy.
Brooklyn dominated the StreetEasy ranking. Beyond Bushwick, the company listed Williamsburg at No. 3 with a $1,787,500 median asking price, down 15.6 percent; Sheepshead Bay at No. 4 at $515,000, down 19.4 percent; Clinton Hill at No. 5 at $1,137,500, down 14.2 percent; Bay Ridge at No. 8 at $699,000; and Bedford-Stuyvesant at No. 9 at $1,642,450. Manhattan’s Lower East Side took the No. 2 slot at $1,295,000, with Midtown West, Kew Gardens in Queens and Midtown East rounding out the list. StreetEasy said it selected the neighborhoods for the strongest increases in for-sale inventory and the sharpest declines in median asking price over the prior year.
That buyer-friendly read on parts of Brooklyn lands against a citywide backdrop of rising distress. PropertyShark, in its annual NYC foreclosure report, said the city’s distressed-property sector accelerated in 2025, with new foreclosure filings climbing 8 percent year over year to 1,588 cases. The firm said Manhattan closed the year with its highest foreclosure total in at least 15 years after a 28 percent jump in first-time filings to 208 cases, and that all five boroughs posted year-over-year increases. The Bronx saw the steepest climb at 35 percent, reaching 194 first-time foreclosures, according to PropertyShark, while Queens and Brooklyn remained the city’s most active foreclosure markets with 587 and 460 cases. The company said a Queens ZIP code, 11434 — covering parts of Springfield Gardens, Rochdale, Jamaica and Saint Albans — was the citywide hotspot with 50 new filings, and that Staten Island again ranked slowest at 139. Two-family homes led residential foreclosures for a third straight year with 540 cases, up 12 percent, even as condo foreclosures fell 24 percent to 194, PropertyShark said. The firm reported the priciest residential foreclosure was a 3,726-square-foot penthouse at the Metropolitan Tower carrying a $9.74 million lien, while Manhattan held four of the five priciest commercial foreclosures, led by a $366 million lien on 340 Madison Ave. The full data is in PropertyShark’s NYC foreclosure report.
On the price side, PropertyShark’s separate ranking of the city’s 50 most expensive neighborhoods found the citywide median sale price rose 4 percent year over year to $780,000, with every borough posting gains and Manhattan inching up 2 percent to $1.15 million. Hudson Yards held the No. 1 spot for a seventh consecutive year despite a 22 percent drop in its median sale price to $5.58 million, the firm said, while SoHo reclaimed No. 2 after a 20 percent jump to $3.73 million and TriBeCa landed third at $3.7 million. PropertyShark noted Brooklyn movement at the edges of the list: the Columbia Street Waterfront District logged the sharpest median increase among the top 50 at 39 percent, Red Hook recorded the sharpest decline at 34 percent, and Boerum Hill saw the biggest jump in sales volume at 143 percent. The company said $980,000 was the minimum median sale price needed to crack the top 50, and that Queens claimed just six neighborhoods, four fewer than the prior year. Those figures appear in PropertyShark’s priciest-neighborhoods report.
Brooklyn’s policy fights ran through several editions of TerraCRG’s Brooklyn Weekly newsletter, which aggregated coverage from other outlets. The newsletter pointed to reporting that the City Council member with power over the Gowanus rezoning wants the city to commit to repairing the neighborhood’s NYCHA buildings before the land-use changes advance, and to a separate item that NYCHA had landed a $1.5 billion deal to privatize apartments in Brooklyn and Manhattan. TerraCRG also flagged coverage of a real estate industry bracing against a trio of threats — a potential ban on residential broker fees, commercial rent control and a retail vacancy tax — alongside a report that a court had halted the broker-fee rule. Other items the newsletter surfaced included Manhattan’s slipping share of the city’s GDP as residents move to cheaper outer boroughs, a critique of the seven-month ULURP review process as an obstacle to new housing, the Gowanus Canal Conservancy’s planned move into the Old American Can Factory at 232 Third St., Brookfield’s 87,000-square-foot lease to National Grid in Downtown Brooklyn, and Singapore’s GIC buying a stake in Industry City.
The brokerage also marked a Carroll Gardens closing, announcing in a separate advisory the sale of a Court Street corner mixed-use building at 390 Court St.; REBusinessOnline pegged the deal at $6.1 million for the 7,200-square-foot building, and TerraCRG’s listing page details the property.
The deal flow in PincusCo Media’s transaction reports underscored that investors kept buying through the winter. In Brooklyn, PincusCo said ABJ Properties, KABR Group and Lincoln Oak Management paid $12.3 million to Avanath Capital Management for a 52-unit elevator building in Crown Heights, and that Han Soon Yom paid $4.8 million in an REO sale for a four-family in Park Slope. The outlet reported Joyland paid $30 million to Madison Realty for a Williamsburg development site and signed a lease with Watermark Capital; that Yitzchok Schwartz of YS Developers filed plans for a 77-unit, 119,949-square-foot residential building at 1111 Myrtle Ave. in Bedford-Stuyvesant while in contract for the site; and that the state approved a planned $5.9 million Bedford-Stuyvesant development-site sale to Mendel Fleischman. PincusCo also recorded a $19.4 million Gowanus development-site purchase by David Grunfeld and Joel Wieder, a $19.1 million Carnegie Hill retail deal by Acadia and Hilltop Real Estate buying from Naftali Group, and Wilbee Corporation paying $5.8 million for a five-unit Park Slope walkup.
In Manhattan and beyond, PincusCo reported Watermark Capital Group signed a 99-year ground lease as developer for a Financial District site at 75 Nassau St. after landlord Montgomery Street Partners paid Lexin $53 million for it, and that Atlas Capital Group’s $112.2 million purchase of a 132-unit East Village rental from the Dermot Company and Rockwood Capital hit city records. The outlet also tracked Aflalo LLC paying $31.8 million to Makkos Equities for two mixed-use SoHo properties; a corrected report that an investment group led by AV Management paid $43.3 million to P. Zaccaro for an 11-unit SoHo rental; Raizel Feder paying $18.5 million to BLDG Management for a Jamaica development site; Sioni Group paying $18 million to Sylvan Parking for a 95-unit Garment District site; Premier Equities paying $31.6 million to Haddad Brands for a Penn Plaza office; and Ladder Capital taking title to three East Harlem rentals with a $69 million judgment. On the financing side, PincusCo said StorageMart and the Carlyle Group signed a $615 million loan with Kayne Anderson against 15 NYC properties, Extell signed a $21 million refinancing with M&T Bank on three Yorkville properties, and Time Century Holdings signed a $19.8 million refinancing on the landmarked Tin Pan Alley buildings in NoMad. The outlet’s Bronx and Queens items included Azimuth Development Group going into contract for a likely Concourse Village development site and buyers Ke An Chen and Xin Xian Lin paying $10.2 million for a likely Long Island City development site.
New construction stayed visible across the city, according to a run of New York YIMBY newsletters spotlighting individual projects. The outlet highlighted renderings for the 400-unit Archer Towers II at 163-25 Archer Ave. in Jamaica, Queens, and for an all-affordable housing tower at 50–58 Cliff St. in Manhattan’s Financial District, and reported that the Landmarks Preservation Commission would review a revised proposal for a 27-story tower at 144 St. Felix St. in Fort Greene, Brooklyn. YIMBY also tracked Manhattan progress, noting 125 West 57th Street completed construction, the Malabar Residences neared completion at 126 East 57th Street, 10W17 began construction at 10 West 17th Street in the Flatiron District, and façade removal was underway for the overhaul of 383 Madison Ave. in Midtown East.
