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DOWNTOWN BROOKLYN A monthly analysis of residential sales in Downtown Brooklyn, Brooklyn May 2018
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Residential Market Report, May 2018 Downtown Brooklyn, Brooklyn
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
BROOKLYN MEDIAN SALE PRICE
$955K
33
$1,121
$700K
23% YoY
120% YoY
3% YoY
3% 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 $
$955K
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 21
Apr 17 18 33 6 15 18
40
May 24 19 19 10 15 33
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
33
30 19
20
22
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 $
$1,121
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $1,040,000 Coops $525,000 Houses -
Y-o-Y -5% -25% -
Median sale price/sqft $1,200 $832 -
Y-o-Y -1% 30% -
Transactions 21 12 0
Number of Sales by Building Type
36% Condos Coops Houses 64%
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LIST OF TRANSACTIONS Address 319 Schermerhorn St #19A 99 Clinton St #1 306 Gold St #37F 384-388 Bridge St #41G 365-101 Bridge St #12C 306 Gold St #29C 319 Schermerhorn St #13D 189 Schermerhorn St #17J 189 Schermerhorn St #18E 365-101 Bridge St #14E 189 Schermerhorn St #2A 191 Willoughby St #11H 189 Schermerhorn St #9A 319 Schermerhorn St #14A 306 Gold St #28G 306 Gold St #11F 175 Willoughby St #7M 319 Schermerhorn St #8C 122 Ashland Pl #3B 319 Schermerhorn St #4A 191 Willoughby St #16A 365-101 Bridge St #5L 319 Schermerhorn St #10E 175 Adams St #11F 319 Schermerhorn St #3E 175 Willoughby St #11G 77-95 Livingston St #6L 77-95 Livingston St #6M 175 Adams St #1B 191 Willoughby St #160
BBL 3-00167-1072 3-00255-0025 3-00133-1279 3-00152-1082 3-02058-1170 3-00133-1220 3-00167-1057 3-00164-1270 3-00164-1275 3-02058-1200 3-00164-1105 3-02061-0060 3-00164-1193 3-00167-1058 3-00133-1217 3-00133-1096 3-02061-0080 3-00167-1033 3-02061-0040 3-00167-1011 3-02061-0060 3-02058-1064 3-00167-1045 3-00086-0011 3-00167-1010 3-02061-0080 3-00266-0012 3-00266-0012 3-00086-0011 3-02061-0060
Sale date 17-May-18 29-May-18 3-May-18 24-May-18 7-May-18 17-May-18 18-May-18 15-May-18 29-May-18 18-May-18 30-May-18 29-May-18 22-May-18 25-May-18 24-May-18 21-May-18 1-May-18 18-May-18 11-May-18 30-May-18 29-May-18 7-May-18 18-May-18 14-May-18 25-May-18 30-May-18 9-May-18 17-May-18 16-May-18 29-May-18
Sale price $2,708,153 $1,700,000 $1,700,000 $1,520,000 $1,500,000 $1,432,000 $1,327,140 $1,225,000 $1,200,000 $1,150,000 $1,040,000 $999,500 $995,000 $970,362 $960,000 $950,000 $950,000 $870,604 $870,000 $852,200 $850,000 $688,000 $649,389 $525,000 $524,826 $475,000 $400,000 $365,000 $340,000 $35,000
Property type Condo Coop Condo Condo Condo Condo Condo Condo Condo Condo Condo Coop Condo Condo Condo Condo Coop Condo Coop Condo Coop Condo Condo Coop Condo Coop Coop Coop Coop Coop
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Sqft
1,314 1,141 1,471 1,320 910 1,037 1,119 1,038 729 709 765
1,000 732
584
