Brooklyn Condo prices

News You Can Use! Brooklyn's Priciest Nabes for Condos

The intrepid condo buyers who took a gamble on a modestly priced spread in Brooklyn Heights in April 2007 probably had no idea that they would be living in the borough's most expensive neighborhood for condos a year later.

The average condo price increased 170 percent annually, from $613,750 to $1.65 million in April 2008, according to the report from the Real Estate Board of New York.

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