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DOWNTOWN BROOKLYN A quarterly analysis of residential sales in Downtown Brooklyn, Brooklyn 4th Quarter 2016
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Residential Market Report, 4th Quarter 2016
Residential Market Report, 4th Quarter 2016 Downtown Brooklyn, Brooklyn
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
BROOKLYN MEDIAN SALE PRICE
$749K
51
$1,125
$649K
10% YoY
19% YoY
4% YoY
13% YoY
NEIGHBORHOOD BOUNDARIES
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RESIDENTIAL STATS Median Sale Price by Quarter $1.0M $900K $800K $700K $600K $500K $400K $300K $200K $100K $
$749K
Median Sale Price by Year $900K $800K $700K $600K $500K $400K $300K $200K $100K $
$826K
Number of Transactions Quarter Q1 Q2 Q3 Q4
2011 153 121 81 54
90 80 70 60 50 40 30 20 10 0
2012 53 81 82 70
51
Q1
2013 60 68 79 54
55
50
Q2 2014
2014 43 53 58 65
Q3 2015
2015 79 84 59 43
2016 51 50 55 51
51
Q4
2016
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Median Sale Price per Square Foot $1,400
$1,200
$1,125
$1,000 $800 $600
$400 $200 $
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $935,000 Coops $542,500 Houses -
Y-o-Y 4% 12% -
Median sale price/sqft $1,162 $825 -
Y-o-Y 1% 11% -
Transactions 26 25 0
Number of Sales by Building Type
Condos 49%
51%
Coops Houses
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LIST OF TRANSACTIONS Address 388 Bridge Street #35B 388 Bridge Street #35A 110 Livingston Street #8E 110 Livingston Street #16N 306 Gold Street #31C 150 Myrtle Avenue #3002 110 Livingston Street #10O 365 Bridge Street #10F 101-365 Bridge Street #21B 175 Adams St #9C 365 Bridge Street #10M 110 Livingston Street #10P 176 Johnson Street #5A 110 Livingston Street #10R 175 Adams St #4C 189 Schermerhorn Street #11G 175 Adams St #6C 365 Bridge Street #8N 175 Adams St #2D 175 Adams St #2J 101-365 Bridge Street #6N 189 Schermerhorn Street #25C 175 Willoughby St #183 191 Willoughby St #12L 306 Gold Street #39B 64 Court Street #2F 77-95 Livingston St #6E 150 Myrtle Avenue #1807 176 Johnson Street #8H 189 Schermerhorn Street #17F 189 Schermerhorn Street #25H 175 Adams St #9B 175 Adams St #7H 159-161 Remsen St #3B 175 Adams St #12B 191 Willoughby St #2K 175 Adams St #5H 77-95 Livingston St #8B 191 Willoughby St #10K 64 Court Street #7G 175 Adams St #3F 175 Adams St #14F 175 Adams St #5D 122 Ashland Pl #10F 175 Adams St #8B 175 Adams St #5K 165-167 Sands St #215 165-167 Sands St #105 306 Gold Street #29E
BBL 3-00152-1029 3-00152-1029 3-00269-1130 3-00269-1273 3-00133-1234 3-02060-1214 3-00269-1180 3-02058-1143 3-02058-1253 3-00086-0011 3-02058-1150 3-00269-1181 3-02049-1027 3-00269-1183 3-00086-0011 3-00164-1219 3-00086-0011 3-02058-1117 3-00086-0011 3-00086-0011 3-02058-1083 3-00164-1336 3-02061-0080 3-02061-0060 3-00133-1289 3-00265-1004 3-00266-0012 3-02060-1135 3-02049-1058 3-00164-1267 3-00164-1341 3-00086-0011 3-00086-0011 3-00250-0014 3-00086-0011 3-02061-0060 3-00086-0011 3-00266-0012 3-02061-0060 3-00265-1032 3-00086-0011 3-00086-0011 3-00086-0011 3-02061-0040 3-00086-0011 3-00086-0011 3-00068-0107 3-00068-0107 3-00133-1222
Sale date 27-Dec-16 27-Dec-16 14-Oct-16 13-Oct-16 17-Oct-16 31-Oct-16 29-Nov-16 11-Oct-16 4-Nov-16 7-Oct-16 28-Oct-16 12-Dec-16 8-Dec-16 19-Dec-16 29-Nov-16 24-Oct-16 19-Dec-16 27-Oct-16 10-Nov-16 13-Dec-16 2-Nov-16 18-Oct-16 7-Nov-16 3-Nov-16 28-Dec-16 14-Oct-16 4-Nov-16 7-Oct-16 1-Dec-16 28-Oct-16 15-Dec-16 5-Dec-16 13-Oct-16 16-Nov-16 14-Oct-16 15-Dec-16 14-Nov-16 14-Dec-16 20-Oct-16 5-Dec-16 6-Dec-16 13-Dec-16 12-Dec-16 16-Dec-16 19-Oct-16 27-Oct-16 12-Oct-16 14-Dec-16 7-Nov-16
Sale price $2,065,000 $2,065,000 $1,500,000 $1,425,000 $1,400,000 $1,399,000 $1,287,500 $1,250,000 $1,200,000 $1,100,000 $1,100,000 $985,000 $973,000 $935,000 $899,999 $890,000 $875,000 $870,000 $849,000 $840,000 $800,000 $800,000 $760,000 $750,000 $749,000 $719,000 $690,000 $685,000 $675,000 $660,000 $650,000 $580,000 $575,000 $557,000 $545,000 $540,000 $530,000 $530,000 $510,000 $499,000 $452,000 $430,000 $340,000 $330,000 $329,000 $300,000 $175,000 $150,000 $50,000
Property type Condo Condo Condo Condo Condo Condo Condo Condo Condo Coop Condo Condo Condo Condo Coop Condo Coop Condo Coop Coop Condo Condo Coop Coop Condo Condo Coop Condo Condo Condo Condo Coop Coop Coop Coop Coop Coop Coop Coop Condo Coop Coop Coop Coop Coop Coop Coop Coop Condo
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Sqft 1,731 1,731 1,227 1,077 1,320 1,240 1,088 1,232 1,178 1,043 1,063 848 1,090 767 734 749 1,055 893 870 1,055 616
615 628 609 670 510 507
420 769 730 355 675 893 770
765