Downtown Brooklyn Report

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Downtown Brooklyn Report Downtown Brooklyn JANUARY 2016 in Downtown Brooklyn, Brooklyn

#N/A

Downtown Brooklyn Report A monthly analysis of residential sales in Downtown Brooklyn, Brooklyn JANUARY 2016

Borough

Neighborhood

Brooklyn

Year

Downtown Brooklyn Month

2016

1

Residential Market Report, January 2016 Downtown Brooklyn, Brooklyn

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ. FT.

14

BOROUGH MEDIAN SALE PRICE

$1,122

$825K

$615K

$825K

14

$1,122

$615K

0% Y-o-Y

-58% Y-o-Y

4% Y-o-Y

14% Y-o-Y

NEIGHBORHOOD BOUNDARIES

2 www.propertyshark.com

RESIDENTIAL STATS Median Sale Price by Month $1,200K $1,000K

$825K

$825K

$800K $600K $400K

$200K 0

Median Sale Price by Quarter $1,000K $900K $800K $700K $600K $500K $400K $300K $200K $100K 0

$708K

$640K

Number of Transactions Month Jan

2011 57

2012 7

2013 30

2014 17

Feb Mar

2015 33

38

21

15

14

19

58

25

15

12

27 32

Apr

32

21

17

18

May

44

32

24

19

19

Jun

45

28

27

16

32

Jul

25

27

20

24

23

Aug

37

33

32

19

31

Sep

19

22

26

15

5

Oct

20

20

19

13

19

Nov

17

23

19

13

8

Dec

17

27

16

39

15

2016 14

45 40 35

30 25 20 14

15 10 5

0 Jan

Feb

Mar

Apr

May

Jun 2014

2015

Jul 2016

3 www.propertyshark.com

Aug

Sep

Oct

Nov

Dec

Median Price per Square Foot $1,400 $1,200 $1,000 $800 $600 $400 $200 $0

$1,122

$1,081

CO-OP VERSUS CONDO SALES Type of Residential Properties Sold

Property type

Median Price

Median price per sq. ft.

Y-o-Y change 16%

Price $1,153

Y-o-Y change 6%

No. of sales

Condos

Condos

Price $1,027,225

8

57.1%

Co-ops

Co-ops

$471,227

55%

$642

-6%

6

42.9%

Houses

n/a

n/a

n/a

n/a

n/a

Number of Sales by Building Type

Co-ops 42.9%

Condos 57.1%

4 www.propertyshark.com

14

LIST OF TRANSACTIONS Address 1 110 Livingston Street #2G 2 150 Myrtle Avenue #1803

BBL 3-00269-1008 3-02060-1131

Sale date 21-Jan-16 07-Jan-16

Sale price $1,210,000 $1,180,000

Property type Condo Condo

Sqft 1,206 1,052 910

3 189 Schermerhorn Street #21J

3-00164-1306

15-Jan-16

$1,060,000

Condo

4 388 Bridge St

3-00152-1113

14-Jan-16

$1,029,451

Condo

761

5 101-365 Bridge Street #4F

3-02058-1041

07-Jan-16

$1,025,000

Condo

1,269

6 175 Adams St #12G

3-00086-0011

21-Jan-16

$831,000

Coop

n/a

7 189 Schermerhorn Street #7H

3-00164-1181

26-Jan-16

$825,000

Condo

712

8 110 Livingston Street #14M

3-00269-1238

05-Jan-16

$825,000

Condo

676

3-00133-1132

07-Jan-16

$705,000

Condo

615

10 122 Ashland Pl #37

9 306 Gold Street #17B

3-02061-0040

29-Jan-16

$587,000

Coop

n/a

11 122 Ashland Pl #15D

3-02061-0040

04-Jan-16

$475,000

Coop

n/a

12 77-95 Livingston St #14O

3-00266-0012

06-Jan-16

$467,454

Coop

n/a

13 77-95 Livingston St #7B

3-00266-0012

11-Jan-16

$396,250

Coop

n/a

14 165-167 Sands St #101

3-00068-0107

26-Jan-16

$150,000

Coop

n/a

5 www.propertyshark.com