Zip Code 11230

Brooklyn, NY • Kings County

Real Estate Market Analysis

Q3 2025 Report

$846,119 (up 5.6% YoY as of March 2025)

Median Home Value

~87,000 (est.)

Population

$58,000 (est.)

Median Income

Above average (Brooklyn-wide)

School District Rating

Market Statistics

Property Values

$846,119 (up 5.6% YoY as of March 2025)

Median Home Value

$3,866 (Brooklyn avg, up 1.69% MoM May 2025)

Median Rent

$604 (May 2025)

Price per Sq Ft

Market Performance

Home Appreciation5.6% YoY (March 2025)

Market Velocity117 homes for sale in June 2025 (down 5.6% MoM); average days on market in Brooklyn: 118 days (May 2025)

Foreclosure RateLow; no significant uptick reported

Area Information

Area Size~2.1 sq mi

CountyKings

Primary CityBrooklyn

Housing Profile

Housing Statistics

Total Housing Units~41,000 (est.)

Owner Occupied~30% (est.)

Rental Properties~70% (est.)

Vacant UnitsLow; vacancy rate below 2% (Brooklyn-wide, 2025)

New ConstructionNew development sales down 31% YoY in Brooklyn Q1 2025; limited new inventory in 11230

Housing Types

Pre-war co-opsCondosSingle-family homesMulti-family walk-upsMid-rise apartment buildings

Demographics

~87,000 (est.)

Population

~36 years

Median Age

$58,000 (est.)

Median Income

~94% (unemployment ~6%)

Employment Rate

High school grad or higher: ~80%; Bachelor’s or higher: ~35%

Education Levels

Predominantly families and multi-generational households; strong Orthodox Jewish and immigrant communities

Family Composition

Education Quality

School District Performance

Above average (Brooklyn-wide)

District Rating

School DistrictNYC District 22

Test ScoresSlightly above city average

Graduation Rates~85% (district-wide)

Schools in Area

PS 199 Frederick Wachtel
Edward R. Murrow High School
Midwood High School
Yeshiva of Flatbush
Beth Jacob School

Economic Factors

Employment & Business

Job GrowthStable; modest growth in healthcare, education, and retail

Unemployment Rate~6% (Brooklyn-wide, 2025)

Business EnvironmentActive small business corridor along Avenue J, Coney Island Ave, Kings Highway

Commercial ActivityStrong retail, food service, and healthcare presence

Major Employers

NYC Department of Education
Maimonides Medical Center
Retail and small business sector

Infrastructure & Quality of Life

Infrastructure

Transportation Access

• B/Q subway lines (Avenue J, Avenue M, Kings Hwy)
• Buses: B6, B11, B68, B82
• Easy access to Belt Parkway

Utilities & Services

• Con Edison (electric/gas)
• NYC Water
• High sanitation standards

Quality of Life

Safety & Environment

Lower than Brooklyn average; primarily property crime, low violent crime

Good; tree-lined streets, moderate air quality

Healthcare Access

• Maimonides Medical Center
• NYU Langone Brooklyn
• Numerous clinics and urgent care

Development Trends

Planned Developments

Selective infill projects
Renovations of existing multi-family buildings

Infrastructure Projects

• Ongoing subway station upgrades
• Road resurfacing projects

Investment Outlook

Growth Outlook

Stable; moderate appreciation expected, limited new supply

Investment Opportunities

• Value-add multi-family
• Condo conversions
• Retail storefronts

Marketing Intelligence

Target Demographics

Orthodox Jewish families
Young professionals
Immigrant families
Investors seeking stable cash flow

Competitive Advantages

Stable, established community
Low vacancy rates
Strong school options

Pricing Strategies

Price slightly above Brooklyn median for renovated units; competitive for older stock

Common Objections & Response Strategies

Objection: High home prices relative to income

Response Strategy:

Emphasize long-term appreciation, rental income potential, and community stability

Objection: Limited new construction

Response Strategy:

Highlight quality of existing housing stock and value-add opportunities

Objection: Congestion and parking

Response Strategy:

Promote transit access and walkability; discuss available parking solutions

Professional Recommendations

Highlight community stability and school quality in marketing

Leverage local networks and community organizations

Advise buyers on competitive bidding and pre-approval

Promote value-add and rental income opportunities to investors

Stay updated on zoning and infrastructure projects impacting the area

Competitive Analysis

Comparable Markets

11223 (Gravesend)
11210 (Flatbush)
11218 (Kensington)

Market Positioning

Family-oriented, stable, low-turnover neighborhood with strong rental market

Competitive Advantages

Higher appreciation rate than nearby zips
Lower crime than some adjacent areas
More established community institutions

Price Comparison

Median home value higher than 11218, lower than 11235 (Sheepshead Bay)

Investment Metrics

3.8%–4.5% (multi-family, 2025)

Cap Rates

4.2% (gross, avg.)

Rental Yields

~18–20

Price-to-Rent

Moderate; best for buy-and-hold and value-add strategies

Cash Flow

3%–5% annually (next 2–3 years)

Appreciation

Buyer Journey Insights

First-Time Buyers

Face affordability challenges; FHA/VA loans and co-ops are entry points

Move-Up Buyers

Seek larger homes or multi-family; limited inventory, competitive bidding

Downsizers

Prefer co-ops/condos with elevator access; strong demand for renovated units

Investors

Target multi-family and condos for stable cash flow; low vacancy risk

Relocators

Attracted by schools, community, and transit; often buy for family proximity

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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