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DOWNTOWN BROOKLYN A monthly analysis of residential sales in Downtown Brooklyn, Brooklyn March 2017
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Residential Market Report, March 2017
Residential Market Report, March 2017 Downtown Brooklyn, Brooklyn
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
BROOKLYN MEDIAN SALE PRICE
$565K
12
$956
$650K
-34% YoY
-40% YoY
-19% YoY
12% YoY
NEIGHBORHOOD BOUNDARIES
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RESIDENTIAL STATS Median Sale Price by Month $1.8M $1.6M $1.4M $1.2M $1.0M $800K $600K $400K $200K $
$565K
Median Sale Price by Quarter $1.0M $900K $800K $700K $600K $500K $400K $300K $200K $100K $
$730K
Number of Transactions Year 2012 2013 2014 2015 2016 2017
Jan 7 30 17 34 17 18
Feb 21 15 14 19 14 15
Mar 25 15 12 27 20 12
Apr 21 17 18 33 6
May 32 24 19 19 10
Jun 28 27 16 32 34
Jul 27 20 24 23 12
Aug 33 33 19 32 21
Sep 22 26 15 5 23
Oct 20 19 13 19 19
Nov 23 19 13 8 11
Dec 27 16 39 16 20
40 30
18
20
15
12
10 0 Jan
Feb
Mar
Apr
May
Jun 2015 2016
Jul 2017
Aug
Sep
Oct
Nov
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Dec
Median Sale Price per Square Foot $1,600 $1,400 $1,200 $1,000 $800 $600 $400 $200 $
$956
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $1,070,000 Coops $393,375 Houses -
Y-o-Y 13% -39% -
Median sale price/sqft $1,045 $736 -
Y-o-Y -11% -37% -
Transactions 6 7 0
Number of Sales by Building Type
46% 54%
Condos Coops Houses
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LIST OF TRANSACTIONS Address 365 Bridge St #2C 365-101 Bridge St #11A 176 Johnson St #2A 306 Gold St #6B 77-95 Livingston St #17B 150 Myrtle Ave #1902 191 Willoughby St #16N 175 Adams St #9E 175 Adams St #12D 165-167 Sands St #306 191 Willoughby St #162
BBL 3-02058-1004 3-02058-1153 3-02049-1003 3-00133-1038 3-00266-0012 3-02060-1137 3-02061-0060 3-00086-0011 3-00086-0011 3-00068-0107 3-02061-0060
Sale date 13-Mar-17 17-Mar-17 20-Mar-17 23-Mar-17 16-Mar-17 8-Mar-17 6-Mar-17 9-Mar-17 1-Mar-17 6-Mar-17 6-Mar-17
Sale price $1,680,000 $1,425,000 $1,070,000 $630,000 $570,000 $565,000 $525,000 $445,000 $341,750 $153,000 $30,000
Property type Condo Condo Condo Condo Coop Condo Coop Coop Coop Coop Coop
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Sqft 1,758 1,364 1,088 560 630 494 720 630 460
