Real Estate

Dumbo was Brooklyn’s priciest neighborhood for sales in 2015

therealdeal.comDumbo’s days as a trendsetting arts district may be behind it, but its reign as Brooklyn’s most expensive neighborhood is just beginning.

A total of 71 condominiums, co-ops and townhouses sold in the neighborhood in 2015, with 31 of those selling for over $1.5 million, according to a new report from YARDI, a real estate software firm.

The most expensive homes this year were all on Water Street, and sold for between $4.1 million and $4.8 million. The median sales price in the submarket was about $1.4 million, a record, DNAinfo reported.

Categories: Real Estate

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