This Street Is Brooklyn's Priciest Place To Live, Study Says

COBBLE HILL, BROOKLYN — A street in Cobble Hill that had a hand in making it Brooklyn's new most expensive neighborhood is also the only street in the borough to make it to the top of a list of New York City's most expensive corridors, according to a new study.

Amity Street was the only Brooklyn spot to make it into the top 15 of PropertyClub's list of the city's 50 most expensive streets, meaning it was the only Brooklyn corridor to have a median sales price above $2 million for the first seven months of this year.

The three-block-long Cobble Hill corridor landed in 11th place on the list, clocking in with a median price around $2.5 million for the 27 home sales in that time period, PropertyClub's report says.

Those prices were only a fraction of some of the Manhattan corridors that made the top of the list — including the top-ranked street in Central Park South that had a median sale price of $9.8 million — but it was still far ahead of any other ritzy Brooklyn corridors.

Only eight other Brooklyn streets made the top 50, with the next priciest corridor after Amity Street ranking all the way down at No. 31 for Greenpoint's India Street.

Amity's ranking shouldn't come as a surprise, though, given another real estate study that highlighted the street's soaring costs earlier this year.

Sales from one ritzy development on the street skyrocketed the neighborhood to the top 10 of a Property Shark report of the city's most expensive places to live, dethroning Dumbo as Brooklyn's priciest hood. More than half of the 29 home sales through June were from The Cobble Hill House's 78 Amity St. complex.

The 15 priciest streets had a total sales volume of about $3.4 billion in the first seven months of 2019, according to PropertyClub's numbers. The report accounted for sales of condos, co-ops, and one-and-two-family homes, excluding transactions with undisclosed dollar amounts.

The other Brooklyn streets that landed in the top 50 include Clinton Hill's Vanderbilt Avenue, Williamsburg's Kent Avenue, Prospect Height's Pacific Street and Bergen Street, Park Slope's Sixth Avenue and Union Street, which runs across Park Slope, Gowanus and Carroll Gardens.

Check out all 50 streets that made it onto the ranking here and read Property Club's full report here.