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DOWNTOWN BROOKLYN A quarterly analysis of residential sales in Downtown Brooklyn, Brooklyn 2nd Quarter 2017
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Residential Market Report, 2nd Quarter 2017
Residential Market Report, 2nd Quarter 2017 Downtown Brooklyn, Brooklyn
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
BROOKLYN MEDIAN SALE PRICE
$835K
49
$1,111
$718K
-8% YoY
-2% YoY
-3% YoY
21% 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 $
$835K
Median Sale Price by Year $900K $800K $700K $600K $500K $400K $300K $200K $100K $
$825K
Number of Transactions Quarter Q1 Q2 Q3 Q4
2012 53 81 82 70
90 80 70 60 50 40 30 20 10 0
2013 60 68 79 54
2015 80 84 60 43
2016 51 50 56 50
2017 45 49
49
45
Q1
2014 43 53 58 65
Q2
2015
Q3
2016
Q4
2017
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Median Sale Price per Square Foot $1,400
$1,200
$1,111
$1,000 $800
$600 $400 $200
$
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $899,000 Coops $560,000 Houses -
Y-o-Y -13% 12% -
Median sale price/sqft $1,216 $705 -
Y-o-Y 5% -1% -
Transactions 35 14 0
Number of Sales by Building Type
29% Condos Coops Houses 71%
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LIST OF TRANSACTIONS Address 365 Bridge St #9P 365-101 Bridge St #6C 110 Livingston St #12D 110 Livingston St #17K 306 Gold St #29A 388 Bridge St #34G 110 Livingston St #12T 110 Livingston St #11O 365 Bridge St #8E 365-101 Bridge St #6J 365-101 Bridge St #4J 189 Schermerhorn St #19J 365 Bridge St #6H 306 Gold St #33E 122 Ashland Pl #PS32 122 Ashland Pl #PS260 306 Gold St #14F 189 Schermerhorn St #3A 189 Schermerhorn St #11F 306 Gold St #10E 306 Gold St #3H 306 Gold St #3H 175 Willoughby St #11L 42 Duffield St #2A 77-95 Livingston St #8D 44 Duffield St #1A 176 Johnson St #8B 306 Gold St #8L 384-388 Bridge St #33D 189 Schermerhorn St #18H 175 Adams St #15H 150 Myrtle Ave #2702 175 Adams St #9C 365-101 Bridge St #12J 150 Myrtle Ave #807 150 Myrtle Ave #1207 77-95 Livingston St #17F 189 Schermerhorn St #11J 150 Myrtle Ave #302 175 Adams St #8F 175 Willoughby St #2N 175 Willoughby St #10J 175 Adams St #12E 175 Adams St #9K 165-167 Sands St #107 306 Gold St #32
BBL 3-02058-1136 3-02058-1072 3-00269-1209 3-00269-1285 3-00133-1218 3-00152-1027 3-00269-1225 3-00269-1200 3-02058-1108 3-02058-1079 3-02058-1045 3-00164-1288 3-02058-1077 3-00133-1250 3-02061-0040 3-02061-0040 3-00133-1112 3-00164-1117 3-00164-1218 3-00133-1087 3-00133-1011 3-00133-1011 3-02061-0080 3-00120-1003 3-00266-0012 3-00120-1101 3-02049-1052 3-00133-1072 3-00152-1016 3-00164-1278 3-00086-0011 3-02060-1193 3-00086-0011 3-02058-1177 3-02060-1067 3-02060-1099 3-00266-0012 3-00164-1221 3-02060-1006 3-00086-0011 3-02061-0080 3-02061-0080 3-00086-0011 3-00086-0011 3-00068-0107 3-00133-1338
Sale date 8-Jun-17 24-May-17 25-May-17 30-May-17 1-Jun-17 29-Jun-17 15-May-17 15-May-17 9-Jun-17 24-Apr-17 8-Jun-17 24-Apr-17 23-May-17 7-Jun-17 13-Apr-17 11-Apr-17 7-Apr-17 7-Apr-17 1-Jun-17 6-Apr-17 9-Jun-17 9-Jun-17 22-May-17 13-Apr-17 25-May-17 5-Jun-17 17-Apr-17 16-May-17 1-Jun-17 15-May-17 9-May-17 16-May-17 11-May-17 15-Jun-17 21-Apr-17 22-Jun-17 20-Jun-17 3-Apr-17 15-May-17 7-Apr-17 21-Jun-17 14-Jun-17 25-Apr-17 12-Apr-17 28-Jun-17 6-Apr-17
Sale price $1,800,000 $1,695,000 $1,580,000 $1,540,000 $1,525,000 $1,490,000 $1,475,000 $1,325,000 $1,200,000 $1,175,000 $1,150,000 $1,115,000 $1,100,000 $967,500 $957,975 $957,579 $935,000 $920,000 $899,000 $899,000 $879,000 $879,000 $875,000 $795,000 $775,000 $775,000 $758,298 $695,000 $690,000 $682,000 $630,000 $601,000 $600,000 $590,000 $578,000 $575,000 $560,000 $540,000 $521,000 $495,000 $485,000 $470,000 $349,000 $344,500 $170,000 $20,000
Property type Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Coop Coop Condo Condo Condo Condo Condo Condo Coop Condo Coop Condo Condo Condo Condo Condo Coop Condo Coop Condo Condo Condo Coop Condo Condo Coop Coop Coop Coop Coop Coop Condo
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Sqft 1,800 1,773 1,232 1,177 1,208 1,141 1,204 1,088 1,287 1,287 1,287 910 1,175 765
765 842 739 800 669 669 741 927 690 714 530 507 893 494 1,043 566 499 499 650 444 480 675
650 476 550 15