Bedford-Stuyvesant
Bed-Stuy Development Report
Development Site Advisors® is pleased to present a 2023 Neighborhood Focused Area® Development Report. By meticulously researching through, with our designated broker from this Neighborhood and our Development Site Neighborhood Focused Platform®, we have compiled sales and development data from 2023.
Bedford-Stuyvesant, also known as Bed-Stuy, is a vibrant and diverse neighborhood that serves as a cultural hub. The area has a population of 200,920, with a density of 72,226 individuals per square mile. The neighborhood’s economic strength is evident in its median household income of $73,683 in 2021. The median age ranges from 32.9 to 35.5, indicating a lively mix of generations. In the thriving job market, service occupations are the most common, with 16.3% to 22.6% of the population engaged in this sector.
5
Development Sales
$289
Average Price Per Base ZFA
New Buildings
210,051
Total New SF
20
Number of Buildings
Featured Condominium Sales
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The Diana / 435 Tompkins Avenue
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114 Lexington Avenue
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531 Classon Avenue
Featured Rental Leases
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1263 Bedford Avenue
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488 Marcus Garvey Boulevard
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1425 Fulton Street