Nearly 2,000 investment buildings traded across Brooklyn and Queens in the first half of 2026 — 1,922 recorded sales, Jan 1 – Jul 6 — and 560 of those purchases were all cash. This report breaks the activity down by borough and asset class, from recorded public data that exists nowhere else in this form.
Data window: Recorded sales Jan 1 – July 6, 2026 (DOF rolling sales + ACRIS mortgage records; sales under $200K and co-op/condo unit sales excluded; "all cash" = no mortgage recorded within 45 days of the sale). Data pulled and verified July 6, 2026.
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Nearly 2,000 investment buildings traded across the two boroughs between January 1 and July 6, 2026 — 1,078 in Brooklyn, 844 in Queens.
560 of those purchases were all cash — no mortgage recorded within 45 days of the sale. No lender, no appraisal, no financing contingency.
Cash concentration climbs with asset size and commercial use: 2–5 unit buildings ran ~25% all cash, while Brooklyn 6+ unit buildings hit 55% and Queens retail 55%.
Queens industrial is the standout cash market of the outer boroughs: 48% of its 2026 sales closed without a mortgage.
Brooklyn recorded 1,078 investment sales in the window, 320 of them all cash (30%). Queens recorded 844 sales, 240 all cash (28%). Citywide, 2,443 investment buildings traded — 31% all cash. Manhattan runs on cash (64% of all 2026 investment sales); Brooklyn and Queens still transact predominantly with financing (30% and 28% all cash), and the Bronx runs 22%.
| Asset Class | Brooklyn Sales | All Cash | Cash % | Queens Sales | All Cash | Cash % |
|---|---|---|---|---|---|---|
| 2–5 Unit Residential | 763 | 190 | 25% | 660 | 160 | 24% |
| Mixed-Use | 130 | 48 | 37% | 53 | 15 | 28% |
| Multifamily · 6+ Units | 76 | 42 | 55% | 35 | 15 | 43% |
| Industrial | 51 | 18 | 35% | 48 | 23 | 48% |
| Retail | 43 | 17 | 40% | 38 | 21 | 55% |
| Office | 15 | 5 | 33% | 10 | 6 | 60% |
| All Investment Sales | 1,078 | 320 | 30% | 844 | 240 | 28% |
Small residential buildings are the workhorse of the outer-borough market: 1,423 of the 1,922 recorded Brooklyn and Queens sales this year were 2–5 unit buildings — 763 in Brooklyn and 660 in Queens. It is also the most financed segment in this report: 25% of Brooklyn's and 24% of Queens' 2–5 unit purchases closed all cash, meaning roughly three of every four purchases in this segment were financed. Citywide, 1,717 2–5 unit buildings traded — 412 all cash (24%).
Bed-Stuy leads every neighborhood in the city for 2–5 unit sales so far in 2026 (71 recorded trades). East New York, Borough Park, and Flushing-North round out the top four — a mix of prime brownstone Brooklyn and deep-value Queens that shows how broad this buyer pool actually is.
| Rank | Neighborhood | Borough | 2–5 Unit Sales | All Cash |
|---|---|---|---|---|
| 1 | Bedford-Stuyvesant | Brooklyn | 71 | 21 |
| 2 | East New York | Brooklyn | 55 | 15 |
| 3 | Borough Park | Brooklyn | 49 | 11 |
| 4 | Flushing-North | Queens | 47 | 16 |
| 5 | Canarsie | Brooklyn | 40 | 6 |
| 6 | Astoria | Queens | 36 | 11 |
| 7 | Bensonhurst | Brooklyn | 33 | 9 |
| 8 | Elmhurst | Queens | 32 | 8 |
| 9 | Flatbush-East | Brooklyn | 31 | 6 |
| 10 | Bayside | Queens | 29 | 10 |
| 11 | Park Slope | Brooklyn | 28 | 17 |
| 12 | Sunset Park | Brooklyn | 28 | 3 |
| 13 | Middle Village | Queens | 28 | 8 |
| 14 | Springfield Gardens | Queens | 27 | 9 |
| 15 | Crown Heights | Brooklyn | 25 | 4 |
| 16 | College Point | Queens | 25 | 4 |
| 17 | Bushwick | Brooklyn | 24 | 7 |
| 18 | Flatbush-North | Brooklyn | 24 | 5 |
| 19 | Jackson Heights | Queens | 24 | 5 |
| 20 | Ridgewood | Queens | 21 | 4 |
183 mixed-use buildings — storefront below, apartments above — traded across the two boroughs: 130 in Brooklyn and 53 in Queens. The cash split is where the story is: 37% of Brooklyn's mixed-use purchases closed all cash versus 28% in Queens, a sign of how much professional, un-levered capital is chasing Brooklyn's retail corridors. Citywide, 257 mixed-use buildings have traded so far in 2026 — 42% of them all cash.
99 industrial buildings traded across Brooklyn and Queens — and 41 of those purchases were all cash (41%). Queens industrial is the standout cash market of the outer boroughs: 48% of its 2026 sales closed without a mortgage, and Long Island City alone accounts for 13 industrial sales so far in 2026 — 7 of them all cash. Brooklyn ran 51 sales at 35% cash.
In Brooklyn, activity is spread across the industrial belts — East New York, Greenpoint, Bush Terminal, Red Hook and Gowanus have all seen trades this year. In Queens, College Point, Astoria, Glendale, Hollis and Corona have all recorded industrial trades. Citywide, 123 industrial buildings have traded so far in 2026 — 42% of them all cash.
81 retail buildings traded across the two boroughs — 43 in Brooklyn and 38 in Queens. A majority — 55% — of Queens retail sales this year closed all cash; Brooklyn retail ran 40%. Citywide, 113 retail buildings have traded so far in 2026 — half of them all cash. For owners of storefront buildings, the takeaway is simple: the buyers active in this segment are disproportionately the kind who don't need a lender's permission to perform.
Line the segments up and a clean pattern emerges. At the financed end: 2–5 unit buildings at 25% (Brooklyn) and 24% (Queens) all cash. In the middle: Brooklyn mixed-use at 37% and industrial at 35%. At the cash end: Brooklyn multifamily buildings of 6+ units at 55% (76 sales, 42 all cash) — the highest cash share of any Brooklyn segment — with Queens retail at 55%, Queens industrial at 48%, and Queens 6+ unit multifamily at 43% (35 sales, 15 all cash).
Office is a small but cash-heavy corner of the market: 15 Brooklyn sales (33% all cash) and 10 Queens sales (60% all cash); citywide, 50 office buildings traded, 52% of them all cash. Across the city's commercial stock as a whole — retail, industrial, and office combined — 286 buildings traded, 134 of them all cash (47%). Citywide 6+ unit multifamily ran 183 sales, 56% all cash.
For a building owner, this is the practical meaning: the larger and more commercial your property, the more likely your eventual buyer is one who can close without financing — which is exactly the buyer profile that shortens timelines and removes appraisal and loan-committee risk from a sale.
The 2026 window above measures activity — counts and cash shares. For a pricing reference, the table below shows median dollars per square foot by residential building class from our valuation model. Important: these are valuation-model medians with a data window through mid-2024 — they are not 2026 sale prices, and no 2026 median price data is published in this report. For a current number on a specific building, request a free valuation below.
| Building Class | Brooklyn Median $/SF | Queens Median $/SF |
|---|---|---|
| 1-Family | $662 | $606 |
| 2-Family | $561 | $524 |
| 3-Family | $548 | $488 |
| 4–10 Unit Walk-Up | $426 | $315 |
| Mixed-Use | $624 | $578 |
This report is built entirely from recorded public data — no estimates, no surveys, no modeled projections in the 2026 activity figures. Anyone can verify the underlying records.
The questions owners, journalists, and researchers ask most about this data — with direct answers drawn straight from the numbers above.
1,922 investment building sales were recorded across Brooklyn and Queens between January 1 and July 6, 2026 — 1,078 in Brooklyn and 844 in Queens. That count covers 2–5 unit residential, mixed-use, multifamily (6+ units), industrial, retail, and office buildings; it excludes sales under $200,000 and co-op/condo unit sales.
560 of the 1,922 recorded Brooklyn and Queens sales — 29% — closed all cash, meaning no mortgage was recorded within 45 days of the sale. Brooklyn ran 30% all cash and Queens 28%. For context over the same window, Manhattan ran 64% all cash and the Bronx 22%.
Cash concentration climbs with asset size and commercial use. 2–5 unit buildings ran about 25% all cash in Brooklyn and 24% in Queens — the most financed segment. At the other end, Brooklyn multifamily buildings of 6+ units hit 55% all cash, Queens retail 55%, and Queens industrial 48%.
Bedford-Stuyvesant leads every neighborhood in the city for 2–5 unit sales so far in 2026, with 71 recorded trades — 21 of them all cash. East New York (55 sales), Borough Park (49), and Flushing-North (47) follow.
Every number is drawn from public records: NYC Department of Finance rolling sales and ACRIS mortgage records, covering recorded sales from January 1 through July 6, 2026. Qualifying sales are $200,000 and above; co-op and condo unit sales are excluded. "All cash" means no mortgage was recorded on the lot within 45 days of the sale. The data was pulled and verified on July 6, 2026.
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