Bay Ridge

New York, NY

Neighborhood Market Analysis

Q3 2025 Report
$670,000 (June 2025)
Median Home Price
High (Walk Score: 93)
Walkability Score
Generally above average for NYC; many schools score 7–9/10 on GreatSchools.
School Rating

Location Overview

Neighborhood Boundaries

Roughly bounded by 65th Street to the north, the Belt Parkway and Shore Road to the west and south, and 7th Avenue to the east.

Zip Codes

1120911220

Market Data Summary

Price Range$400,000 (co-ops/condos) to $2M+ (townhouses)
Price per Sq Ft$667 (up 28.1% YoY as of June 2025)
Inventory LevelsLow inventory; sales volume down YoY, but homes are selling faster.

Property Characteristics

Home Types & Architecture

Home Types

Pre-war co-opsCondosSingle-family homesTwo-family homesAttached and semi-attached townhouses

Architectural Styles

Colonial RevivalArt DecoVictorianMediterraneanBrick rowhouses

Property Details

Typical Lot Sizes1,600–4,000 sq ft (larger than average for Brooklyn)
Home Age RangeEarly 1900s–1950s, with some newer condos
Construction QualityGenerally solid, with many well-maintained pre-war buildings and brick townhouses.

Community Profile

Demographics & Lifestyle

Demographics

Diverse, with strong Italian, Irish, Greek, Middle Eastern, and Asian communities. Many long-term residents and multigenerational families.

Community Vibe

Tight-knit, traditional, and community-oriented. Quiet, tree-lined streets with a slower pace than central Brooklyn.

Typical Residents

  • Families
  • Retirees
  • Young professionals
  • Multigenerational households

Family Friendly

Very family-friendly; known for good schools, parks, and a suburban feel within the city.

Amenities & Lifestyle

Parks & Recreation

  • Shore Road Park
  • Owl's Head Park
  • Narrows Botanical Gardens
  • Bike paths along the waterfront

Dining Options

  • Classic Italian restaurants
  • Middle Eastern eateries
  • Trendy cafes
  • Old-school diners

Shopping Centers

  • 86th Street shopping corridor
  • Third Avenue boutiques
  • Bay Ridge Commons

Local Businesses

  • Century 21 (historic department store, reopening)
  • Independent bakeries
  • Boutique shops
  • Ethnic grocers

Education & Schools

Generally above average for NYC; many schools score 7–9/10 on GreatSchools.
Overall School Rating

Elementary Schools

  • PS 102 The Bayview
  • PS 170 The Ralph A. Fabrizio School

Middle Schools

  • IS 259 William McKinley
  • IS 30 Mary White Ovington

High Schools

  • Fort Hamilton High School

Private Schools

  • Xaverian High School
  • Fontbonne Hall Academy
  • St. Anselm Catholic Academy

Transportation & Accessibility

Transit & Roads

Public Transit

  • R subway line (Bay Ridge Ave, 77th St, 86th St stations)
  • Express bus service to Manhattan (X27, X37, etc.)
  • Ferry service to Manhattan (NYC Ferry Bay Ridge terminal)

Major Roads

  • Belt Parkway
  • Gowanus Expressway
  • Fourth Avenue

Commute & Walkability

Commute Times45–60 minutes to Midtown Manhattan by subway; 30–45 minutes by express bus or ferry.
WalkabilityExcellent for daily errands; most amenities within walking distance.
ParkingStreet parking is easier than in most Brooklyn neighborhoods, but can be tight near commercial corridors.

Marketing Intelligence

Target Buyer Types

  • Families
  • Retirees
  • First-time buyers
  • Investors seeking stable returns

Key Selling Points

  • Suburban feel within NYC
  • Excellent schools and parks
  • Diverse dining and shopping
  • Strong community vibe

Pricing Considerations

Homes must be priced competitively due to slower appreciation and selective buyers.

Common Objections & Response Strategies

Objection: Longer commute to Manhattan compared to North Brooklyn.

Response Strategy:

Emphasize express bus and ferry options, and the trade-off for larger homes and quieter streets.

Objection: Older housing stock may need renovations.

Response Strategy:

Highlight well-maintained examples, potential for customization, and generally lower prices per square foot.

Objection: Slower price appreciation than trendier areas.

Response Strategy:

Stress stability, lower risk, and strong rental demand.

Investment Insights

Investment Potential

Appreciation Potential

Moderate; Bay Ridge is stable with slow, steady appreciation. Less volatility than trendier neighborhoods.

Rental Demand

Consistently strong, especially for family-sized apartments and townhouses.

Buyer Competition

High for move-in ready homes; less for properties needing renovation.

Best For

  • Long-term investors
  • Families seeking stability
  • Buyers priced out of North Brooklyn

Potential Concerns

  • Older housing stock may require updates
  • Limited new development
  • Slower appreciation compared to Williamsburg/Greenpoint

Professional Recommendations

1

Educate buyers on Bay Ridge's unique value proposition: space, safety, and community.

2

Leverage local partnerships (schools, businesses) to enhance marketing.

3

Stage homes to highlight pre-war charm and outdoor spaces.

4

Advise sellers on realistic pricing given slower appreciation.

5

Target marketing to families and long-term buyers rather than flippers.

Competitive Analysis

Comparable Markets

  • Dyker Heights
  • Bensonhurst
  • Sunset Park

Market Positioning

Best suited for buyers seeking space, stability, and community over trendiness.

Competitive Advantages

  • Larger homes and lots than most Brooklyn neighborhoods
  • Superior parks and waterfront access
  • Lower crime rates

Price Comparison

Median home price in Bay Ridge ($670K) is lower than Brooklyn median ($995K–$1M), offering relative value.

Investment Metrics

3.5%–4.5% for multifamily properties (2025 estimates)
Cap Rates
4%–5% gross yield on family-sized apartments
Rental Yields
~15–18 (favorable for long-term investors)
Price-to-Rent
Positive cash flow possible with 20%+ down payment, especially for two-family homes.
Cash Flow
1%–3% annual appreciation expected; stable, low-volatility market.
Appreciation

Buyer Journey Insights

First-Time Buyers

Attracted by relative affordability and community feel; may need education on older home maintenance.

Move-Up Buyers

Drawn to larger homes and yards; often relocating from denser Brooklyn neighborhoods.

Downsizers

Appreciate quiet streets, walkability, and proximity to amenities.

Investors

Seek stable rental demand and low vacancy; less speculative upside than trendier areas.

Relocators

Often motivated by schools, parks, and a safer, quieter environment.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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