 Photo by: Helayne Seidman By Colin O'Leary
Downtown Brooklyn is experiencing an unprecedented housing boom, a milestone moment that is reshaping the neighborhood’s identity and market dynamics. According to a recent report in the New York Post, the area is adding new housing at a record-setting pace. In just the first half of 2025, Downtown Brooklyn delivered more than 3,700 residential units, including 1,048 affordable apartments. That figure already surpasses the total number of units built in all of 2022 and represents the most rapid housing growth since the 2004 rezoning that transformed the district from a commercial hub into a vibrant mixed-use community. Much of the surge is being driven by large-scale projects like The Rocklyn at 20 Rockwell Place, which brought 1,098 units, and The Everly at 180 Ashland Place, which added 569 units. With these developments and others, Downtown Brooklyn has now surpassed Park Slope and Williamsburg in terms of housing availability, further cementing its role as one of the most active real estate markets in New York City. The Post also noted that Downtown Brooklyn is quickly evolving from a 9-to-5 business district into a true 24/7 neighborhood. Residential foot traffic has risen nearly 97 percent above pre-pandemic levels, boosted by unmatched transit access with 12 subway lines, Atlantic Terminal, and a growing mix of amenities that support full-time living. While this new construction provides much-needed housing variety, affordability remains a challenge. Many of the units entering the market are luxury rentals, raising concerns that overall housing costs could continue to rise. Still, the inclusion of more than a thousand affordable apartments offers opportunities for a broader range of residents to call Downtown Brooklyn home. Looking ahead, growth shows no signs of slowing down. Another 1,183 units are expected to be completed by the end of 2026, and several affordable housing lotteries are currently underway at developments such as The Brook, 150 Lawrence Street, and Rockwell Place. This continued pipeline of housing ensures that Downtown Brooklyn will remain at the center of New York City’s real estate conversation for years to come. For buyers, renters, and investors, this rapid transformation presents both opportunities and challenges. Downtown Brooklyn’s momentum makes it one of the most exciting places to live, but navigating such a fast-changing market requires local expertise. The Big City Team is here to help clients understand the latest developments and make confident decisions in one of Brooklyn’s most dynamic neighborhoods. Contact The Big City Team at 646-300-2012 to schedule a consultation if you are planning to buy, sell, or rent in New York City.
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By Colin O'Leary We’re excited to present an exceptional opportunity to own a legal two-family brick home in one of Brooklyn’s most dynamic and desirable neighborhoods. 1325 Dahill Road is hitting the market for the first time in decades, offering an abundance of space, flexibility, and value—whether you’re looking for a forever home, a multi-generational living arrangement, or a prime investment property. This expansive residence spans over 3,300 square feet across four full levels, featuring eight bedrooms and four and a half bathrooms. The top floor offers a bright and airy three-bedroom, one and a half bath layout that’s perfect as a rental unit, guest space, or extended family quarters. The owner’s triplex occupies the first and second floors as well as a fully finished basement, providing five bedrooms, two full baths, two half baths, and direct access to a private backyard—ideal for summer barbecues, entertaining guests, or enjoying a peaceful retreat. Each level has its own private entrance, offering unmatched privacy and flexibility for a variety of living arrangements. The finished basement is a versatile space with a full kitchen, half bath, and laundry area, making it ideal for guests, recreation, or additional living quarters. Meticulously maintained, the home features gleaming hardwood floors, updated utilities, a brand-new roof, and multiple balconies. Parking is easy and secure with space for two vehicles, including a gated driveway and private garage. Located at 1325 Dahill Road, Brooklyn, NY 11204, this property sits at the crossroads of Bensonhurst, Mapleton, Borough Park, and Midwood. The neighborhood offers an incredible variety of dining, shopping, and cultural attractions, and with the F train at Avenue N just steps away, you can reach Manhattan in only 30 minutes. This rare property is offered at $1,950,000 and is listed exclusively by Colin O'Leary and Leah Garcia with The Big City Team at Berkshire Hathaway HomeServices Fillmore Real Estate. Call The Big City Team at 646-300-2012 today to schedule your private tour.  By Colin O'Leary
If you’ve spent any time browsing real estate listings in New York City, you’ve probably seen properties advertised with either a balcony or a terrace. While the two may sound similar—both offering the coveted perk of private outdoor space—they’re actually quite different in form, function, and value. Understanding the distinction can help you make a smarter decision whether you're buying, renting, or investing in NYC real estate. A balcony is typically a small, elevated platform that extends outward from the side of a building. It’s usually connected to one room within the unit—most often a bedroom or living room—and is supported by brackets or cantilevered from the facade. Balconies are often enclosed with a railing and may only have enough space for a chair or two, maybe a small table. In New York City, balconies are common in high-rise buildings and can offer great views, but their limited size usually makes them best suited for a quick coffee break or a breath of fresh air rather than entertaining or gardening. In contrast, a terrace is generally much larger and can either be flush with the building’s structure—like on a setback—or located on the rooftop. Terraces can vary widely in size and may be either private or shared with other residents. What makes a terrace especially desirable is its flexibility: many offer enough space for outdoor dining, entertaining, gardening, or even installing outdoor kitchens or lounge areas. They’re often finished with pavers or decking and can include planters, lighting, and other design features that transform the space into a true outdoor extension of the home. The main differences come down to location, size, and usability. A balcony typically juts out from the unit’s exterior and is small and private, while a terrace is usually larger, more versatile, and integrated into the building’s layout—either on a setback, a rooftop, or occasionally at ground level. Balconies offer just enough room for a small seating setup, whereas terraces can accommodate full dining sets, loungers, and more. So, which one is better? It really depends on your lifestyle. If you’re simply looking for a quiet place to step outside, a balcony may be just right. But if you love to entertain, garden, or enjoy spacious outdoor living, a terrace will be far more functional—and, in many cases, more valuable. From an investment standpoint, properties with terraces tend to command a premium because of their size, privacy, and versatility. In a city where outdoor space is at a premium, even a small balcony can feel like a luxury. But knowing the difference between a balcony and a terrace will help you ask the right questions during your search and make informed decisions about what best fits your needs. Whether you’re a buyer, renter, or investor, understanding this distinction is a small detail that can make a big difference. Looking for a NYC home with outdoor space? Whether you dream of sipping coffee on a balcony or hosting summer dinners on a private terrace, I can help you find the right property. Reach out to The Big City Team at 646-300-2012 anytime—we’d love to guide you through your search. |
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January 2026
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The Big City Team
Berkshire Hathaway HomeServices Fillmore Real Estate
4717 Avenue N, Brooklyn, NY 11234
Colin R. O’Leary
Founder & Team Leader | Licensed R.E Salesperson
Phone: 646-300-2012
Email: [email protected]
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Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate.
Equal Housing Opportunity.
Privacy Policy