Straight answers on NYC investment sales.
The questions buyers and owners actually ask, answered first and sourced — by William Lockley, a NYC investment-sales broker on the APT212 team at Compass. Institutional data, written in plain language. New market analysis and deal stories publish here regularly.
How do I sell a multifamily building in Brooklyn?
Price to real, recent comps; make the inexpensive fixes that lift perceived value; build a clean rent roll and data package; then run a targeted process to the qualified buyers most likely to close — including off-market relationships. Dispositions for owners run on exactly this playbook: the best executable price, not the highest unsupported headline.
What cap rate should I expect for a Crown Heights multifamily?
Three-family product in Crown Heights has traded around a ~3.9% cap, with broader asking cap rates roughly 5.9%–9.72% depending on stabilization and condition. For context, Astoria three-family runs near ~4.2% and East Flatbush near ~5.0%.
What's a development site worth in Long Island City?
It comes down to buildable square footage — lot size times FAR — and the residual after construction costs and developer profit. LIC is especially compelling because the OneLIC Plan rezoned 54 blocks and enables about 14,700 new apartments, with market asking rents near $4,326/unit versus a NYC average around $3,616.
Should I use a broker for an off-market deal?
Yes — off-market is where a broker earns the relationship. Brooklyn led the city with about $5.4B in off-market volume, and Queens led in off-market deal count (~5,400 deals, up 21%). Much of the best product never hits the public listing sites, so access depends on direct owner relationships and an active deal network.
Who's a good NYC investment-sales broker for multifamily?
If you want someone who tracks Brooklyn, Queens, and Manhattan submarkets block by block and transacts in them — running dispositions for owners and bringing the right deals to qualified buyers across multifamily, mixed-use, development sites, and hotels — that's exactly what NYC CRE Insights delivers. Start with a direct conversation on the contact page.
Which NYC neighborhood appreciated the most recently?
Fort Greene posted one of the largest year-over-year price gains in the city at roughly +107.6% (a top-five citywide gainer in May 2026), and Malba in Whitestone jumped about +61% YoY to a record $2.5M median — the fifth-priciest neighborhood in NYC and the first Queens nabe ever in the top five.
Are NYC off-market deals really increasing?
Yes. Private-listing and off-market activity surged across the city, with Brooklyn leading on volume (about $5.4B) and Queens leading on deal count (roughly 5,400 deals, up 21%). The trend is a big reason buyers increasingly need a broker with direct owner access.
What's driving Queens investment-sales volume?
Queens recorded about $3.43B in investment-sales volume in 2025, up 16% on 558 transactions. Rezonings like OneLIC, record pricing in pockets like Malba, and strong renter demand across Astoria and LIC are pulling capital into the borough.
How much new housing is being built in NYC right now?
About 43,000 units were under construction at the start of the year, and developers filed roughly 21M square feet of new projects in Q1 — a clear signal that builder demand for well-zoned sites is active.
Is it a good time to buy multifamily in Crown Heights?
Crown Heights rents rose about 4.97% month-over-month in April 2026, outpacing Bed-Stuy and Brooklyn overall, and median sale prices are up around 18% YoY. Strong rent growth supports income but compresses entry cap rates, so disciplined underwriting matters — the right call depends on your hold period and thesis.
What's happening with prices in Bedford-Stuyvesant?
Bed-Stuy's median home price is around $1.6M, up about 27.8% YoY in early 2026, with price-per-square-foot generally between $850 and $1,100. It remains one of Brooklyn's most active value-add and multifamily markets.
What does it cost a buyer to work with you?
In most investment-sales transactions the commission is paid from sale proceeds, so buyers typically engage the brokerage without a separate retainer. Exact terms depend on the deal and are agreed in writing up front. Brokerage services are provided through Compass.
What asset classes do you focus on?
Multifamily, mixed-use, development sites, and hotels — concentrated in Manhattan south of 96th Street, core Brooklyn neighborhoods, and select Queens submarkets. These are the deals where submarket knowledge and execution make the biggest difference.
How do I value a mixed-use building in NYC?
Value the residential and commercial income streams separately, apply the cap rate the market assigns each, and factor in lease terms, tenant credit, and any unused buildable area. Corridor momentum matters — repricing commercial strips in appreciating nabes can lift both rents and exit pricing.
Sources
- CoStar — OneLIC rezoning, LIC rents & development
- Ronit Abraham — Multifamily investing in Crown Heights
- Gadura Real Estate — Cap rates, Queens & Brooklyn
- LoopNet — Bedford-Stuyvesant market data
- ARCFE — Malba +61% median surge
- Milton Coste — NYC market recap, May 2026 (Fort Greene)
- DeFalco Realty — Hottest neighborhoods in Brooklyn
- Mendy Realty — Queens volume & development sites
- The Real Deal — Off-market deals surge across NYC
- Commercial Observer — NYC construction & Q1 filings (REBNY)
Thinking about buying, selling, or building in NYC?
Start with a direct conversation — a clear market read first, and the right deal when the timing fits.