Matrix Multifamily Brooklyn Report-August 2024 August 21, 2024

Brooklyn Stays Solid in 2024

Advertised asking rents in Brooklyn matched U.S. growth at 0.3 percent on a T3 basis through June but far outpaced YoY growth at 3.9 percent versus the nation’s 0.6 percent. That’s despite being more than double the national average at $3,634.