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DOWNTOWN BROOKLYN A monthly analysis of residential sales in Downtown Brooklyn, Brooklyn September 2018
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Residential Market Report, September 2018
Residential Market Report, September 2018 Downtown Brooklyn, Brooklyn
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
BROOKLYN MEDIAN SALE PRICE
$799K
17
$1,122
$690K
-5% YoY
31% YoY
1% YoY
4% 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 $
$799K
Median Sale Price by Quarter $1.0M $900K $800K $700K $600K $500K $400K $300K $200K $100K $
$841K
Number of Transactions Year 2013 2014 2015 2016 2017 2018
Jan 30 17 34 17 18 19
Feb 15 14 19 14 14 23
Mar 15 12 27 20 13 21
Apr 17 18 33 6 15 18
May 24 19 19 10 15 31
50
Jun 27 16 32 35 18 41
Jul 20 24 23 14 16 15
Aug 33 19 32 24 16 15
Sep 26 15 5 24 13 17
15
15
17
Oct 19 13 19 19 9
Nov 19 13 8 12 10
Dec 16 39 16 21 15
41
40
31
30
19
20
23
21
18
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 $
$1,122
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $885,729 Coops $632,039 Houses -
Y-o-Y 0% 1602% -
Median sale price/sqft $1,173 $919 -
Y-o-Y 1% 11% -
Transactions 12 4 0
Number of Sales by Building Type
25%
Condos Coops Houses
75%
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LIST OF TRANSACTIONS Address 150 Myrtle Ave #601 110 Livingston St #8G 75 Livingston St #6A 388 Bridge St 365-101 Bridge St #4M 306 Gold St #23E 319 Schermerhorn St #7A 189 Schermerhorn St #17D 110 Livingston St #8H 306 Gold St #6L 175 Willoughby St #10K 306 Gold St #4E 175 Willoughby St #11N 306 Gold St #8C 122 Ashland Pl #12F
BBL 3-02060-1045 3-00269-1132 3-00265-0001 3-00152-1090 3-02058-1048 3-00133-1180 3-00167-1026 3-00164-1265 3-00269-1133 3-00133-1048 3-02061-0080 3-00133-1019 3-02061-0080 3-00133-1063 3-02061-0040
Sale date 21-Sep-18 4-Sep-18 13-Sep-18 28-Sep-18 24-Sep-18 28-Sep-18 7-Sep-18 5-Sep-18 18-Sep-18 4-Sep-18 6-Sep-18 21-Sep-18 17-Sep-18 21-Sep-18 12-Sep-18
Sale price $1,970,000 $1,935,000 $1,661,100 $1,595,000 $1,500,000 $930,000 $885,729 $799,000 $775,000 $710,000 $684,077 $675,000 $580,000 $580,000 $405,000
Property type Condo Condo Coop Condo Condo Condo Condo Condo Condo Condo Coop Condo Coop Condo Coop
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Sqft 1,206 1,427 1,644 1,141 1,553 765 729 675 714 634 700 484