The Priciest Brooklyn and Queens Condo Filings in 2025

New development in New York City’s outer boroughs fell into a lull in 2025.

Elevated interest rates and high land prices have made ground-up development more difficult to pencil out, and Brooklyn and Queens saw scaled-back condo filings in response.

The total unit count of the 10 priciest developments declined 36 percent this year from 2024, from 980 to 628. Total projected sellout of the top 10 also declined 34 percent year over year, from $1.4 billion to $918 million.

In Brooklyn, the listing inventory for new development condos in the third quarter declined year over year by nearly 25 percent, according to a report from Douglas Elliman and Miller Samuel.

In Queens, the number of closed sales on new development condos declined by 55 percent in the same period.

New Empire Corp’s 757 Flatbush Avenue took home the top spot on this year’s list. The finish was a sign of the times: the project’s $136 million projected sellout would have come in fifth in 2024.

The neighborhoods home to the biggest condo filings also shifted. Last year’s list was dominated by the trendy neighborhoods of Williamsburg, Boerum Hill and Long Island City, while the biggest developments in 2025 were situated further away from Manhattan, including projects in Flatbush, Arverne, and Windsor Terrace.

757 Flatbush Avenue, Flatbush | New Empire Corp. | $136 million

New Empire nabbed the most valuable filing in the two boroughs with its 757 Flatbush project. At 132 units, the developer expects the eight-story project to pull in $136.4 million at final sellout. The project will be anchored by a retail and commercial space.

The project broke ground this summer and nabbed a $9.2 million refinancing from Pacific National Financing this fall.

127 Kent Avenue, Williamsburg | Joyland Group and Prospect Developers II | $144 million

Joyland Group and Prospect Developers took the No. 2 spot with “The Sixth,” their 43-unit development in Williamsburg near the waterfront. The six-floor project features two penthouse floors.

Units have not been listed but Corcoran is advertising the project. Joyland paid $43.3 million for the development site at the end of 2024, PincusCo reported.

141 Beach 67th Street, Arverne | Beechwood Homes | $110 million

The waterfront development at 141 Beach 67th Street is expected to yield $110 million. The project, called Lighthouse, is one block from the ocean, on the Rockaways peninsula. The units start in the mid-$500,000s, according to the project website.

23 Ocean Parkway, Windsor Terrace | Aview Equities | $109 million

Aview Equities is planning a 99-unit development where Windsor Terrace meets Kensington, at Prospect Park’s southern edge. The project expects to sell out at $109 million.

The development, which has an alternate address of 57 Caton Place, made headlines this summer for allegedly disturbing horses at the Prospect Park stables. In 2023, Parkview Financial filed a pre-foreclosure suit related to a $66 million construction loan it originated for the project. The suit was discontinued last year.

110 Boerum Place, Cobble Hill | Avdoo Partners | $100 million

Avdoo Partners expects $100 million from its development on Boerum Place, which will deliver 21 residential units. Valley National Bank provided a $47 million construction loan this summer. Initial prices will start at about $3 million for a two-bedroom, according to City Realty.

600 & 610 DeKalb Avenue, Bedford-Stuyvesant | Allure Group, Joel Landau | $99 million

The development at 600 DeKalb Avenue will deliver 70 condos alongside 320 rental units, according to New York YIMBY. Allure Group secured $155 million in construction financing for the project, on the western side of Bedford-Stuyvesant, which is expected to bring in $99 million in sales.

2102 East 1st Street, Gravesend | Redhoek + Partners | $76 million

This Gravesend project from Redhoek + Partners is slated for just 12 units, but a $76 million sellout. Eight of the units in the ground-up development, called the Onyx Residences, will be duplexes with double-height spaces, according to the project website.

70-40 45th Avenue, Elmhurst | Ching Lam and Jia Xin Chen | $63 million

The condo building at 70-40 45th Avenue is expected to deliver 93 residential units, for a total sellout of $63 million. Sany Realty Group is listing the sponsor units, according to StreetEasy. Sponsor units on the site start at $558,000.

35-30 146th Street, Flushing | Cun Chen, Ming Chen | $57 million

With a projected sellout of $57 million, the development at 35-30 146th Street is planning to deliver 44 one and two-bedroom residential units. PRO Links Realty has taken over marketing and sales for the project, called 146 Northern. Prices start at $528,000 for a one-bedroom, according to the project site. The building also contains four retail stores.

630 Grand Avenue, Crown Heights | The Loketch Group | $53 million

The Loketch Group has constructed a 32-unit condo building on Grand Avenue, where Crown Heights and Prospect Heights meet. Sponsor units start at $789,000, with Corcoran responsible for the listings. The top penthouse is asking $2.8 million. PincusCo reported the builder received a $24 million construction loan from iCross Capital for the development, where the expected sellout is $53 million.