📢 May 2025 NYC Rental Market Update! 📢

Rental trends across Manhattan, Brooklyn, and Queens show shifting dynamics and expanding opportunities:

🏙️ Manhattan

Average listing price rose to $6,065 (+4% YoY)
Studio-to-1BR units lead supply (62% of market)
Luxury market ($12K+) stable in price, but listings dropped 8% YoY

🏡 Brooklyn

Average listing price climbed to $4,608 (+3% YoY)
Studio and 1BR units account for 52% of all listings
Luxury market ($6K+) up 33% YoY in volume with minimal price shift

🌆 Queens

Rents continue upward: avg. price now $4,105 (+7% YoY)
One-bedroom units dominate (50% of listings)
Luxury listings ($5K+) jumped 49% YoY despite slight price dip

📈 Whether you're an investor, renter, or landlord, now’s the time to strategize. DM me for hyperlocal insights tailored to your goals.

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