HomeBrooklyn Market ReportOld Mill Basin
OLD MILL BASIN, BROOKLYN · LAST UPDATED MAY 2026

Selling Your Home in Old Mill Basin, Brooklyn


Current market data from 131 recorded property transactions in Old Mill Basin. Every number on this page comes from NYC Department of Finance public records — not estimates, not algorithms, not listing data. This is what actually sold.

MARKET DATA

Home Prices in Old Mill Basin


Median sale prices by property type, based on every recorded sale in Old Mill Basin over the past 12 months.

CO-OP APARTMENTS
$251,000
median · 20 sales
SINGLE-FAMILY HOMES
$690,000
median · 60 sales
CONDOMINIUMS
$545,000
median · 1 sale
MULTIFAMILY
$730,000
median · 50 sales
TOTAL SALES
131
past 12 months
PRICE PER SQ FT
$517
median

Quarterly Trends by Property Type

Median sale price by quarter. Arrows show change vs. the prior quarter.

Co-op Apartments
Q2 2025
$230,000
6 sales
Q3 2025
$233,500
4 sales
▲ +1.5%
Q4 2025
$268,000
7 sales
▲ +14.8%
Q1 2026
$210,000
3 sales
▼ −21.6%
Single-Family Homes
Q2 2025
$730,000
13 sales
Q3 2025
$695,000
20 sales
▼ −4.8%
Q4 2025
$649,500
18 sales
▼ −6.5%
Q1 2026
$725,000
9 sales
▲ +11.6%
Condominiums
Q2 2025
0 sales
Q3 2025
$545,000
1 sale
Q4 2025
0 sales
Q1 2026
0 sales
Multifamily
Q2 2025
$830,000
13 sales
Q3 2025
$922,500
8 sales
▲ +11.1%
Q4 2025
$717,000
11 sales
▼ −22.3%
Q1 2026
$468,500
18 sales
▼ −34.7%

📊 Why this data is more reliable than other sites

The numbers on this page come from the NYC Department of Finance public records — every legally recorded property sale in Old Mill Basin, not just MLS-listed transactions. Sites like Zillow and StreetEasy only capture listings that go through their platforms, missing FSBO sales, off-market deals, and transfers that never hit the MLS. This dataset includes all of them.

We also remove bulk portfolio transfers, nominal sales, and non-arms-length transactions that would distort median prices — cleaning that most data sources don't do. The result is a more accurate picture of what individual homes are actually selling for in your market.

Data source: NYC Department of Finance, Rolling Sales Data — Brooklyn. Period: April 2025 – March 2026. Excludes $0 transfers, nominal sales, non-arms-length transactions, and bulk portfolio transfers identified through same-date/same-price pattern analysis. Last updated: May 2026.

TIMING

Best Time to Sell in Old Mill Basin


Monthly closing volume based on 131 residential sales recorded by the NYC Department of Finance over the past 12 months. Months highlighted in orange indicate above-average demand (≥110% of the average monthly volume).

Jan
16 sales
Feb
9 sales
Mar
5 sales
Apr
15 sales
May
7 sales
Jun
10 sales
Jul
10 sales
Aug
9 sales
Sep
14 sales
Oct
11 sales
Nov
14 sales
Dec
11 sales

Takeaway for Sellers

Old Mill Basin sees its strongest closing activity in January, April, September, and November — the months highlighted in orange above. These peaks indicate when buyer demand is highest and the most transactions close.

Since the typical sale takes 3 months from listing to closing you should be listing approximately 3 months before these peak windows to position your home when competition among buyers is strongest.

The optimal listing date depends on your property type, your timeline, and current inventory levels. A strategy session can pinpoint the right window for your specific home.

Schedule a free strategy call →

HOUSING MIX

Housing Stock in Old Mill Basin


Distribution of 131 residential sales by property type over the past 12 months.

45.8%
31.3%
15.3%
6.9%
Single-Family Homes — 45.8% (60)
Two-Family Homes — 31.3% (41)
Co-op Apartments — 15.3% (20)
Three-Family Homes — 6.9% (9)
Condominiums — 0.8% (1)

What This Means for Sellers

Old Mill Basin is a predominantly single-family market — 45.8% of recent recorded sales were detached or semi-detached single-family homes. Buyers here are typically end-users searching for homes to live in, not investors. Pricing accuracy and presentation matter more than in apartment markets because most transactions are emotional, family-driven purchases. A strong marketing plan that reaches qualified, mortgage-pre-approved buyers will outperform a passive listing every time.

COMMON QUESTIONS

FAQ: Selling in Old Mill Basin


Based on the most recent NYC Department of Finance public records (April 2025 – March 2026), median sale prices in Old Mill Basin vary significantly by property type. Co-op Apartments: $251,000 (20 sales). Single-Family Homes: $690,000 (60 sales). Condominiums: $545,000 (1 sale). Multifamily: $730,000 (50 sales). These figures reflect all legally recorded sales — not just MLS listings — giving a more complete picture than sites like Zillow or StreetEasy.

The Old Mill Basin market recorded 131 residential sales over the past 12 months according to NYC public records. The median price per square foot is $517. The median building was built in 1930. For a detailed analysis of how current conditions affect your home's value, schedule a free strategy call.

Old Mill Basin sees its strongest closing volume in January, April, September, and November, indicating above-average buyer demand. Since the typical sale takes about 3 months from listing to closing, you should be listing approximately 3 months before these peak windows to position your home when competition among buyers is strongest. The optimal listing date depends on your property type and personal timeline — a strategy call can help you find the right window.

Old Mill Basin has a diverse housing stock. Over the past 12 months, Single-Family Homes accounted for 45.8% of sales, Two-Family Homes accounted for 31.3% of sales, Co-op Apartments accounted for 15.3% of sales, Three-Family Homes accounted for 6.9% of sales, Condominiums accounted for 0.8% of sales. The median year built is 1930.

Across all neighborhoods Justin Braithwaite serves, his listings average just 24 days on market — well below the city average. His listings also close at 102.8% of asking price on average, meaning sellers typically get more than their list price. Results in Old Mill Basin specifically depend on property type, pricing strategy, and market timing.

You're not legally required to use an agent, but the data strongly suggests it pays to have expert representation. Justin Braithwaite has completed 261 seller transactions with a 96.1% close rate and a 102.8% sale-to-list ratio. His clients benefit from pricing strategy informed by the same NYC Department of Finance data on this page, plus 10 years of real estate experience and 27 years of sales and marketing expertise. Schedule a free strategy call to see how a data-driven approach can maximize your sale price in Old Mill Basin.

NEIGHBORHOOD PROFILE

Old Mill Basin, Brooklyn at a Glance


Old Mill Basin is a residential neighborhood in southeastern Brooklyn, immediately north of Mill Basin proper, bordered by Avenue U to the north, Mill Basin to the south, Flatbush Avenue to the east, and Hendrickson Street to the west. Housing is dominated by detached and semi-detached single-family and two-family brick homes, plus a smaller share of attached row homes.

Old Mill Basin is served by buses connecting to the 2 and 5 subway lines at Flatbush Avenue–Brooklyn College. The neighborhood offers a quieter, more affordable single-family experience than adjacent Mill Basin's waterfront homes, while sharing similar suburban character. Old Mill Basin has historically been an Italian-American and Irish-American community.

EXPLORE MORE

Nearby Neighborhoods


Thinking about other areas in the Brooklyn? Explore market data and insights for neighborhoods near Old Mill Basin.

See the full Brooklyn market report Borough-wide median prices, neighborhood rankings, sortable comparison tables, and quarterly trends across every Brooklyn neighborhood.
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Ready to Sell Your Old Mill Basin Home?


Get a personalized pricing strategy built on the same NYC public-records data you just saw on this page — not an algorithm's guess. Justin Braithwaite will walk you through what your home is worth today and when to list for maximum results.

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