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Williamsburg

Williamsburg Development Report

Development Site Advisors®️ is pleased to present a 2023 Neighborhood Focused Area® Development Report. By meticulously researching through, with our designated broker from this Neighborhood and our Development Site Neighborhood Focused Platform® , we have compiled sales and development data from 2023.

Williamsburg, a bustling neighborhood nestled in Brooklyn, is a melting pot of about 122,586 residents from diverse backgrounds. The median age here is 31.5 years, reflecting a youthful and energetic population. The gender distribution is almost even, fostering a balanced and dynamic social environment. The neighborhood is made up of approximately 44,994 households, a mix of owner-occupied and rented dwellings. With a majority of residents—over 60%—holding high school degrees or higher, the area is teeming with young professionals. These individuals live and work within Williamsburg and its vicinity, contributing to a lively and thriving community.

11

Development Sales

$370

Average Price Per Base ZFA


New Buildings

962,721

Total New SF

32

Number of Buildings


Featured Condominium Sales

171N1 / 171 North 1st Street

490 Lorimer Street / 490 Lorimer Street

30 Skillman Avenue / 30 Skillman Avenue


Featured Rental Leases

209 North 11th St / 209 North 11th St

Casa Hope / 130 Hope Street

8 Marcy / 8 Marcy Avenue