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A Brooklyn neighborhood was the best in the Big Apple for sellers’ seeking profits’ home appreciation in the third quarter.
Sellers in the Crown Heights ZIP code of 11225 saw the median home appreciate by nearly 188 percent. That ZIP also led to sellers getting the second-highest pure profits by dollar amount, just over $1.3 million.
The Real Deal analyzed data by Attom that looked at ZIP codes with at least 10 home sales. Attom compared the median of homes sold in a quarter to the median of those same homes’ prior sales. It’s not known when those prior sales occurred and each quarter comprises different deals.
The borough was also home to the neighborhoods that claimed second and third places: 11230, which comprises parts of Flatbush and Midwood, raked in profits of about 156 percent. Another Crown Heights ZIP, 11213, reported gains of about 153 percent. That ZIP code took first place the year before, with gains of roughly 213 percent.
Crown Heights is known for its tree-lined streets and coveted townhouses, along with its new luxury developments. The value of an average home in Crown Heights climbed 5.5 percent over the past year, to about $1.1 million, according to Zillow.
At the bottom of the pack in terms of median seller profit was Murray Hill’s 10017 neighborhood, where sellers there lost about 30 percent on sales.
However, by dollar amount, Crown Heights was bested by Midtown Manhattan’s 10001, which covers the area around Madison Square Garden and parts of Hudson Yards. Sales in that area yielded sellers about $1.9 million in profits.
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Meanwhile, sellers in the Upper West Side’s ZIP code of 10069 lost the most on the median in the city: nearly $249,000. The 10003 ZIP code, which covers Gramercy, the East Village and Union Square, followed, with sellers losing about $234,000 on the median deal.
Overall, sellers in NYC reported gains of about 47 percent in the third quarter, down about one percentage point year over year. Staten Island sellers in the third quarter of 2025 reaped the greatest percentage of profits, with a median of about 66 percent, up from about 61 percent the year before. Manhattan had the lowest gains in the third quarter of this year, of about 5 percent, down from about 16 percent the year prior.