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DOWNTOWN BROOKLYN A monthly analysis of residential sales in Downtown Brooklyn, Brooklyn August 2017

P: 718-715-1758 www.PropertyShark.com [email protected]

Residential Market Report, August 2017

Residential Market Report, August 2017 Downtown Brooklyn, Brooklyn

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

BROOKLYN MEDIAN SALE PRICE

$856K

18

$1,113

$720K

-1% YoY

-14% YoY

-4% YoY

13% YoY

NEIGHBORHOOD BOUNDARIES

P: 718-715-1758 www.PropertyShark.com [email protected]

RESIDENTIAL STATS Median Sale Price by Month $1.8M $1.6M $1.4M $1.2M $1.0M $800K $600K $400K $200K $

$856K

Median Sale Price by Quarter $1.0M $900K $800K $700K $600K $500K $400K $300K $200K $100K $

$785K

Number of Transactions Year 2012 2013 2014 2015 2016 2017

Jan 7 30 17 34 17 18

Feb 21 15 14 19 14 14

Mar 25 15 12 27 20 13

Apr 21 17 18 33 6 15

May 32 24 19 19 10 15

Jun 28 27 16 32 34 18

Jul 27 20 24 23 12 16

Aug 33 33 19 32 21 18

Sep 22 26 15 5 23

Oct 20 19 13 19 19

Nov 23 19 13 8 11

Dec 27 16 39 16 20

40 30

18

20

14

13

15

15

18

16

18

10 0 Jan

Feb

Mar

Apr

May

Jun 2015 2016

Jul 2017

Aug

Sep

Oct

Nov

P: 718-715-1758 www.PropertyShark.com [email protected]

Dec

Median Sale Price per Square Foot $1,600 $1,400 $1,200 $1,000 $800 $600 $400 $200 $

$1,113

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $883,010 Coops $764,000 Houses -

Y-o-Y -8% 43% -

Median sale price/sqft $1,189 $888 -

Y-o-Y -1% -16% -

Transactions 9 9 0

Number of Sales by Building Type

Condos 50%

50%

Coops Houses

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LIST OF TRANSACTIONS Address 110 Livingston St #9E 77-95 Livingston St #11A 164 State St #3 189 Schermerhorn St #8E 77-95 Livingston St #19C 150 Myrtle Ave #1105 306 Gold St #15E 189 Schermerhorn St #14D 110 Livingston St #10M 191 Willoughby St #4A 110 Livingston St #4Q 110 Livingston St #4T 38 Livingston St #3 77-95 Livingston St #17K 77-95 Livingston St #18O 77-95 Livingston St #5A

BBL 3-00269-1150 3-00266-0012 3-00276-0027 3-00164-1187 3-00266-0012 3-02060-1089 3-00133-1119 3-00164-1236 3-00269-1178 3-02061-0060 3-00269-1052 3-00269-1055 3-00268-0030 3-00266-0012 3-00266-0012 3-00266-0012

Sale date 8-Aug-17 22-Aug-17 14-Aug-17 14-Aug-17 2-Aug-17 9-Aug-17 31-Aug-17 28-Aug-17 18-Aug-17 28-Aug-17 24-Aug-17 22-Aug-17 11-Aug-17 8-Aug-17 16-Aug-17 28-Aug-17

Sale price $1,560,000 $999,000 $995,000 $975,000 $945,000 $895,000 $885,000 $881,020 $830,000 $780,000 $765,000 $756,000 $748,000 $725,000 $571,000 $445,000

Property type Condo Coop Coop Condo Coop Condo Condo Condo Condo Coop Condo Condo Coop Coop Coop Coop

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Sqft 1,227 1,150 871 738 800 684 676 1,008 656 836

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