Zip Code 11234

Brooklyn, NYKings County

Real Estate Market Analysis

Q3 2025 Report
$775,000 (June 2025), up 4.7% YoY[3]
Median Home Value
Not specified in search results
Population
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Median Income
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School District Rating

Market Statistics

Property Values

$775,000 (June 2025), up 4.7% YoY[3]
Median Home Value
Not specified for 11234; Brooklyn average is $3,866/month[1]
Median Rent
$515 (June 2025)[3]
Price per Sq Ft

Market Performance

Home Appreciation5.9% YoY (April 2025)[3]
Market VelocityBuyer's market: homes stay on market longer, prices lower than Brooklyn average[3]
Foreclosure RateNot specified in search results

Area Information

Area SizeNot specified in search results
CountyKings
Primary CityBrooklyn

Housing Profile

Housing Statistics

Total Housing UnitsNot specified in search results
Owner OccupiedNot specified in search results
Rental PropertiesNot specified in search results
Vacant UnitsNot specified in search results
New ConstructionNo specific data for 11234; Brooklyn-wide, new development median price up 12% YoY to $1.275M[2]

Housing Types

Single-family homesCondosCo-opsMulti-family buildings (assumed, not specified)

Demographics

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Population
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Median Age
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Median Income
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Employment Rate
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Education Levels
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Family Composition

Education Quality

School District Performance

Not specified in search results
District Rating
School DistrictNot specified in search results
Test ScoresNot specified in search results
Graduation RatesNot specified in search results

Schools in Area

  • Not specified in search results

Economic Factors

Employment & Business

Job GrowthNot specified in search results
Unemployment RateNot specified in search results
Business EnvironmentNot specified in search results
Commercial ActivityNot specified in search results

Major Employers

  • Not specified in search results

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • Subway: Not specified
  • Bus: Not specified
  • Highway: Not specified

Utilities & Services

  • Not specified in search results

Quality of Life

Safety & Environment

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Healthcare Access

  • Not specified in search results

Development Trends

Planned Developments

  • Not specified in search results

Infrastructure Projects

  • Not specified in search results

Investment Outlook

Growth Outlook

Buyer's market suggests slower appreciation than Brooklyn overall; potential for value-oriented buyers[3]

Investment Opportunities

  • Value buys due to lower prices than Brooklyn average
  • Potential for rental income, but no specific cap rate data

Marketing Intelligence

Target Demographics

  • First-time buyers
  • Value investors
  • Families seeking affordability

Competitive Advantages

  • Lower entry price than Brooklyn average
  • Slower market velocity allows for negotiation

Pricing Strategies

Competitive pricing, consider incentives for quick sales

Common Objections & Response Strategies

Objection: Slower appreciation than other Brooklyn neighborhoods

Response Strategy:

Highlight value, lower entry cost, and potential for steady growth

Objection: Longer time on market

Response Strategy:

Position as opportunity for negotiation and due diligence

Objection: Perceived lack of amenities

Response Strategy:

Showcase local parks, schools, and transportation access (if available)

Professional Recommendations

1

Educate buyers on 11234's value proposition relative to pricier Brooklyn neighborhoods

2

Leverage buyer's market dynamics in negotiations

3

Highlight recent price appreciation and potential for steady growth

4

Develop targeted marketing for value-focused and first-time buyers

5

Monitor local development and infrastructure projects for future growth signals

6

Build relationships with local lenders familiar with the area

7

Prepare sellers for realistic pricing and longer marketing timelines

Competitive Analysis

Comparable Markets

  • Brooklyn overall: Median price $800,000, up 7% YoY; price per sqft ~$1,050; seller's market dynamics[2]
  • 11234: Median price $775,000–$780,000, up 4.7–5.9% YoY; price per sqft ~$515; buyer's market[3]

Market Positioning

Value segment of Brooklyn market

Competitive Advantages

  • Lower price point
  • More negotiability
  • Potential for higher yields if rents are stable

Price Comparison

11234 homes are ~3% below Brooklyn median, with significantly lower price per sqft

Investment Metrics

Not specified in search results
Cap Rates
Not specified in search results
Rental Yields
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Price-to-Rent
Not specified in search results
Cash Flow
Moderate, below Brooklyn average[3]
Appreciation

Buyer Journey Insights

First-Time Buyers

Attracted by affordability, potential for equity growth; may need education on local market dynamics

Move-Up Buyers

May prefer higher-growth areas unless seeking value or larger homes

Downsizers

Potential for affordable, low-maintenance options

Investors

Opportunity for value buys and rental income, but must assess local demand and cap rates

Relocators

May prioritize value and space over proximity to Manhattan

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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