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DOWNTOWN BROOKLYN A monthly analysis of residential sales in Downtown Brooklyn, Brooklyn April 2017
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Residential Market Report, April 2017
Residential Market Report, April 2017 Downtown Brooklyn, Brooklyn
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
BROOKLYN MEDIAN SALE PRICE
$795K
17
$1,099
$724K
63% YoY
183% YoY
-2% YoY
21% 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 $
$795K
Median Sale Price by Quarter $1.0M $900K $800K $700K $600K $500K $400K $300K $200K $100K $
$730K
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 12
Apr 21 17 18 33 6 17
May 32 24 19 19 10
Jun 28 27 16 32 34
Jul 27 20 24 23 12
Aug 33 33 19 32 21
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
17
12
10 0 Jan
Feb
Mar
Apr
May
Jun 2015 2016
Jul 2017
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 $
$1,099
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $847,000 Coops $495,000 Houses -
Y-o-Y 1% 15% -
Median sale price/sqft $1,141 $733 -
Y-o-Y 0% 5% -
Transactions 11 6 0
Number of Sales by Building Type
35% Condos Coops Houses 65%
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LIST OF TRANSACTIONS Address 365-101 Bridge St #6J 189 Schermerhorn St #19J 122 Ashland Pl #PS32 122 Ashland Pl #PS260 306 Gold St #14F 189 Schermerhorn St #3A 306 Gold St #10E 42 Duffield St #2A 176 Johnson St #8B 150 Myrtle Ave #807 189 Schermerhorn St #11J 175 Adams St #8F 175 Adams St #12E 175 Adams St #9K 306 Gold St #32
BBL 3-02058-1079 3-00164-1288 3-02061-0040 3-02061-0040 3-00133-1112 3-00164-1117 3-00133-1087 3-00120-1003 3-02049-1052 3-02060-1067 3-00164-1221 3-00086-0011 3-00086-0011 3-00086-0011 3-00133-1338
Sale date 24-Apr-17 24-Apr-17 13-Apr-17 11-Apr-17 7-Apr-17 7-Apr-17 6-Apr-17 13-Apr-17 17-Apr-17 21-Apr-17 3-Apr-17 7-Apr-17 25-Apr-17 12-Apr-17 6-Apr-17
Sale price $1,175,000 $1,115,000 $957,975 $957,579 $935,000 $920,000 $899,000 $795,000 $758,298 $578,000 $540,000 $495,000 $349,000 $344,500 $20,000
Property type Condo Condo Coop Coop Condo Condo Condo Condo Condo Condo Condo Coop Coop Coop Condo
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Sqft 1,287 910
765 842 800 741 690 499 444 675 464 476 15