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DOWNTOWN BROOKLYN A monthly analysis of residential sales in Downtown Brooklyn, Brooklyn March 2018
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Residential Market Report, March 2018 Downtown Brooklyn, Brooklyn
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
BROOKLYN MEDIAN SALE PRICE
$881K
24
$945
$663K
55% YoY
85% YoY
-1% YoY
2% 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 $
$881K
Median Sale Price by Quarter $1.0M $900K $800K $700K $600K $500K $400K $300K $200K $100K $
$860K
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 24
Apr 17 18 33 6 15
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
24
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 $
$945
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $1,354,130 Coops $667,547 Houses -
Y-o-Y 44% 50% -
Median sale price/sqft $1,070 $859 -
Y-o-Y 0% 16% -
Transactions 15 9 0
Number of Sales by Building Type
38%
Condos Coops Houses 62%
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LIST OF TRANSACTIONS Address 384-388 Bridge St #PH45A 319 Schermerhorn St #16B 388 Bridge St 150 Myrtle Ave #3602 319 Schermerhorn St #12B 319 Schermerhorn St #13B 319 Schermerhorn St #5D 319 Schermerhorn St #12C 175 Willoughby St #12H 319 Schermerhorn St #11A 319 Schermerhorn St #3B 319 Schermerhorn St #5A 175 Willoughby St #12A 175 Adams St #10J 191 Willoughby St #14G 306 Gold St #4J 122 Ashland Pl #6G 77-95 Livingston St #18L 319 Schermerhorn St #6E 175 Willoughby St #16E 175 Willoughby St #P234
BBL 3-00152-1108 3-00167-1067 3-00152-1058 3-02060-1238 3-00167-1051 3-00167-1055 3-00167-1019 3-00167-1052 3-02061-0080 3-00167-1046 3-00167-1007 3-00167-1016 3-02061-0080 3-00086-0011 3-02061-0060 3-00133-1024 3-02061-0040 3-00266-0012 3-00167-1025 3-02061-0080 3-02061-0080
Sale date 8-Mar-18 19-Mar-18 8-Mar-18 16-Mar-18 12-Mar-18 8-Mar-18 21-Mar-18 15-Mar-18 19-Mar-18 15-Mar-18 1-Mar-18 16-Mar-18 13-Mar-18 23-Mar-18 20-Mar-18 30-Mar-18 21-Mar-18 1-Mar-18 30-Mar-18 6-Mar-18 6-Mar-18
Sale price $2,350,000 $1,898,356 $1,490,000 $1,481,500 $1,411,853 $1,406,342 $1,354,130 $1,160,642 $940,000 $927,780 $881,326 $863,376 $825,000 $740,000 $690,594 $675,000 $644,500 $559,000 $536,172 $397,000 $35,000
Property type Condo Condo Condo Condo Condo Condo Condo Condo Coop Condo Condo Condo Coop Coop Coop Condo Coop Coop Condo Coop Coop
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Sqft 1,731 1,731 1,240
714 750
