Industry Updates

By Valerie Sebbag | 555 Properties LLCDate: September 18, 2025 Mortgage rates in the U.S. have finally eased to levels not seen since early 2023 - a change that’s breathing new life into the NYC real estate market. According to Freddie Mac, the average 30-year fixed mortgage rate is now 6.26%, down from around 6.35% last week. The 15-year fixed rate is averaging 5.41%. AP News+3Bloomberg.com+3AP...

Crown Heights, Brooklyn -- Crown Heights continues to stand out in Brooklyn’s real estate market, with major new listings drawing attention from buyers and investors across the city. At the center of this momentum is Valerie Sebbag, a leading realtor with a track record of matching clients to some of the neighborhood’s most significant properties. 🏛 Historic Landmark: The Hill Funeral Home...

By Valerie Sebbag, Licensed Real Estate Broker Crown Heights Market UpdateCrown Heights, Brooklyn, is entering a notable shift in its 2025 real estate market. Home prices continue to climb, with a 9.2% year-over-year increase, bringing the median home price to around $1.3 million. This steady growth reflects ongoing demand and long-term investment potential in this historic Brooklyn neighborhood. At the...

Investors Target Brooklyn’s Multi-Family Homes as Rental Demand Soars As New York City continues to grow, Brooklyn’s multi-family properties have become one of the most sought-after asset classes for investors. Buildings ranging from two-family brownstones to larger walk-ups are consistently trading at strong valuations. Rental demand in neighborhoods like Flatbush, Crown Heights, and East New...

During the first half of 2025, Brooklyn recorded $730 million in multifamily sales across 140 transactions, representing a 28% increase from the same period in 2024. Key Highlights: Total Sales Volume: $730 million Transactions: 140 Year-over-Year Increase: 28% Market Context:The stable investment activity demonstrates a healthy market environment for multifamily properties, making...

As of mid-2025, Brooklyn’s commercial real estate market is showing strong momentum. Multifamily, retail, office, and development sectors all contributed to year-over-year improvement, creating a balanced investment climate. Key Highlights: Sector Performance: Multifamily, retail, office, and development sectors showing growth Market Context:The diverse growth across commercial sectors...

Crown Heights Brownstones See Surging Demand as Buyers Return to Classic Brooklyn Living Brooklyn’s Crown Heights neighborhood is experiencing a revival, with historic brownstone homes attracting a new wave of buyers seeking character, charm, and long-term value. Recent market analysis shows that renovated brownstones in the area are selling quickly, many over asking price. The mix of old-world...

Brooklyn’s Commercial Market Strengthens as Local Retail and Mixed-Use Properties Gain Value While national headlines often focus on office vacancies, Brooklyn’s commercial market tells a different story. Across neighborhoods like Crown Heights, Bedford-Stuyvesant, and Prospect Lefferts Gardens, smaller retail spaces and mixed-use properties are seeing a strong comeback. Property owners who held...