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Zip Code 11214

Brooklyn, NY • Kings County

Real Estate Market Analysis

Q3 2025 Report
$1,000,228
Median Home Value
88,994
Population
$60,152 (household), $71,099 (family)
Median Income
Average to above average (NYC standards)
School District Rating

Market Statistics

Property Values

$1,000,228
Median Home Value
$1,710/month
Median Rent
~$800-$950 (estimate, varies by property type)
Price per Sq Ft

Market Performance

Home AppreciationModerate, with steady increases over past 3 years
Market VelocityBalanced; average days on market 45-60 days
Foreclosure RateLow, below NYC average

Area Information

Area Size2.02 sq mi
CountyKings
Primary CityBrooklyn

Housing Profile

Housing Statistics

Total Housing Units~36,000 (estimate)
Owner Occupied~40%
Rental Properties~60%
Vacant UnitsLow, under 5%
New ConstructionLimited, mostly renovations and small-scale infill

Housing Types

Pre-war co-opsPost-war condosSingle-family homesMulti-family walk-upsMid-rise apartment buildings

Demographics

88,994
Population
41.1 years
Median Age
$60,152 (household), $71,099 (family)
Median Income
93% employed, 7% unemployed
Employment Rate
32.4% with college degree, 47.9% with STEM degree
Education Levels
Average family size 3.44; 52% married, 31.6% never married
Family Composition

Education Quality

School District Performance

Average to above average (NYC standards)
District Rating
School DistrictNYC Geographic District #21
Test ScoresSlightly below NYC average in math, at par in reading
Graduation Rates~80% (district average)

Schools in Area

  • PS 101 The Verrazano
  • IS 281 Joseph B Cavallaro
  • John Dewey High School

Economic Factors

Employment & Business

Job GrowthStable, slow growth
Unemployment Rate7%
Business EnvironmentDiverse, dominated by small businesses, retail, and healthcare
Commercial ActivityActive along 86th St, Bay Parkway, and Stillwell Ave

Major Employers

  • NYC Department of Education
  • NYU Langone Hospital Brooklyn
  • Retail and small businesses

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • • D, N subway lines
  • • Multiple MTA bus routes
  • • Easy access to Belt Parkway

Utilities & Services

  • • Con Edison (electric/gas)
  • • NYC Water
  • • Spectrum/Verizon (internet)

Quality of Life

Safety & Environment

Moderate; lower violent crime, some property crime typical for NYC

Urban, moderate air quality, limited green space

Healthcare Access

  • • NYU Langone Hospital Brooklyn
  • • Local clinics and urgent care

Development Trends

Planned Developments

  • Small-scale condo conversions
  • Retail renovations on 86th St

Infrastructure Projects

  • • Ongoing subway station upgrades
  • • Street repaving

Investment Outlook

Growth Outlook

Stable, with incremental improvements

Investment Opportunities

  • • Value-add multifamily
  • • Retail storefronts
  • • Condo conversions

Marketing Intelligence

Target Demographics

  • Multigenerational families
  • First-generation immigrants
  • Retirees
  • Young professionals seeking affordability

Competitive Advantages

  • Lower price per sq ft vs. Park Slope or Williamsburg
  • Diverse housing stock
  • Strong rental demand

Pricing Strategies

Competitive pricing slightly below trendier Brooklyn areas; incentives for quick close

Common Objections & Response Strategies

Objection: Older housing stock, limited new construction

Response Strategy:

Emphasize renovations, solid construction, and value pricing

Objection: Longer commute to Manhattan

Response Strategy:

Highlight direct subway access and express bus options

Objection: Limited nightlife or upscale retail

Response Strategy:

Focus on family-friendly amenities, safety, and local dining

Professional Recommendations

1

Leverage local community connections and language skills for immigrant buyers

2

Highlight value and stability vs. trendier Brooklyn neighborhoods

3

Educate buyers on co-op/condo board requirements

4

Promote proximity to transit and healthcare

5

Target marketing to multigenerational and family buyers

Competitive Analysis

Comparable Markets

  • 11223 (Gravesend)
  • 11209 (Bay Ridge)
  • 11204 (Bensonhurst)

Market Positioning

Affordable, community-focused, family-friendly

Competitive Advantages

  • Lower median price than Bay Ridge, more diverse housing than Gravesend

Price Comparison

~10-20% lower median home value than Bay Ridge (11209)

Investment Metrics

4.5%-5.5% (multifamily)
Cap Rates
4%-5% gross
Rental Yields
~49
Price-to-Rent
Good for buy-and-hold investors, especially multifamily
Cash Flow
2%-4% annually
Appreciation

Buyer Journey Insights

First-Time Buyers

Attracted by relative affordability and community feel; may need education on co-op/condo processes

Move-Up Buyers

Seek larger homes or multi-family options; value neighborhood stability

Downsizers

Prefer elevator buildings and proximity to healthcare

Investors

Focus on multifamily and rental yield; stable tenant base

Relocators

Often family-driven moves, attracted by schools and amenities

This zip code analysis was generated using comprehensive market data and AI intelligence.

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

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