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DOWNTOWN BROOKLYN A monthly analysis of residential sales in Downtown Brooklyn, Brooklyn April 2018
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Residential Market Report, April 2018 Downtown Brooklyn, Brooklyn
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
BROOKLYN MEDIAN SALE PRICE
$850K
17
$1,193
$657K
7% YoY
13% YoY
9% YoY
-7% 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 $
$850K
Median Sale Price by Quarter $1.0M $900K $800K $700K $600K $500K $400K $300K $200K $100K $
$859K
Number of Transactions Year 2013 2014 2015 2016 2017 2018
Jan 30 17 34 17 18 19
Feb 15 14 19 14 14 22
Mar 15 12 27 20 13 22
Apr 17 18 33 6 15 17
May 24 19 19 10 15
Jun 27 16 32 35 18
Jul 20 24 23 14 16
Aug 33 19 32 24 16
Sep 26 15 5 24 13
Oct 19 13 19 19 9
Nov 19 13 8 12 10
Dec 16 39 16 21 15
40 30 19
20
22
22
17
10 0 Jan
Feb
Mar
Apr
May
Jun 2016 2017
Jul 2018
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 $
$1,193
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $1,054,893 Coops $575,000 Houses -
Y-o-Y 25% 16% -
Median sale price/sqft $1,242 $891 -
Y-o-Y 9% 22% -
Transactions 11 6 0
Number of Sales by Building Type
35% Condos Coops Houses 65%
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LIST OF TRANSACTIONS Address 306 Gold St #30A 319 Schermerhorn St #8D 319 Schermerhorn St #11B 319 Schermerhorn St #11D 319 Schermerhorn St #11C 319 Schermerhorn St #13A 189 Schermerhorn St #5F 175 Adams St #10D 175 Adams St #12A 189 Schermerhorn St #24H 150 Myrtle Ave #802 77-95 Livingston St #19H 319 Schermerhorn St #9E 175 Adams St #12E 165-167 Sands St #211
BBL 3-00133-1225 3-00167-1034 3-00167-1047 3-00167-1049 3-00167-1048 3-00167-1054 3-00164-1154 3-00086-0011 3-00086-0011 3-00164-1332 3-02060-1062 3-00266-0012 3-00167-1040 3-00086-0011 3-00068-0107
Sale date 5-Apr-18 30-Apr-18 18-Apr-18 13-Apr-18 13-Apr-18 20-Apr-18 26-Apr-18 20-Apr-18 4-Apr-18 27-Apr-18 13-Apr-18 2-Apr-18 17-Apr-18 26-Apr-18 24-Apr-18
Sale price $1,510,000 $1,435,000 $1,380,443 $1,327,442 $1,147,975 $961,811 $850,000 $850,000 $812,500 $695,000 $610,000 $575,000 $570,397 $375,000 $200,000
Property type Condo Condo Condo Condo Condo Condo Condo Coop Coop Condo Condo Coop Condo Coop Coop
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Sqft 1,208
739 834 507 494
464
