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DOWNTOWN BROOKLYN A monthly analysis of residential sales in Downtown Brooklyn, Brooklyn November 2016
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Residential Market Report, November 2016
Residential Market Report, November 2016 Downtown Brooklyn, Brooklyn
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
BROOKLYN MEDIAN SALE PRICE
$760K
13
$951
$651K
-3% YoY
63% YoY
-18% YoY
18% 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 $
$760K
Median Sale Price by Quarter $1.0M $900K $800K $700K $600K $500K $400K $300K $200K $100K $
$803K
Number of Transactions Year 2011 2012 2013 2014 2015 2016
Jan 57 7 30 17 33 17
Feb 38 21 15 14 19 14
Mar 58 25 15 12 27 20
Apr 32 21 17 18 33 6
May 44 32 24 19 19 10
Jun 45 28 27 16 32 34
Jul 25 27 20 24 23 12
Aug 37 33 33 19 31 20
Sep 19 22 26 15 5 22
Oct 20 20 19 13 19 20
20
22
20
Nov 17 23 19 13 8 13
Dec 17 27 16 39 16
50 40
34
30 17
20
14
20 6
10
13
12
10
0 Jan
Feb
Mar
Apr
May
Jun 2014 2015
Jul 2016
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 $
$951
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $1,000,000 Coops $750,000 Houses -
Y-o-Y 12% -4% -
Median sale price/sqft $888 $951 -
Y-o-Y -23% -
Transactions 5 8 0
Number of Sales by Building Type
38%
Condos Coops
62%
Houses
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LIST OF TRANSACTIONS Address 110 Livingston Street #10O 101-365 Bridge Street #21B 175 Adams St #4C 175 Adams St #2D 101-365 Bridge Street #6N 175 Willoughby St #183 191 Willoughby St #12L 77-95 Livingston St #6E 159-161 Remsen St #3B 175 Adams St #5H 306 Gold Street #29E
BBL 3-00269-1180 3-02058-1253 3-00086-0011 3-00086-0011 3-02058-1083 3-02061-0080 3-02061-0060 3-00266-0012 3-00250-0014 3-00086-0011 3-00133-1222
Sale date 29-Nov-16 4-Nov-16 29-Nov-16 10-Nov-16 2-Nov-16 7-Nov-16 3-Nov-16 4-Nov-16 16-Nov-16 14-Nov-16 7-Nov-16
Sale price $1,287,500 $1,200,000 $899,999 $849,000 $800,000 $760,000 $750,000 $690,000 $557,000 $530,000 $50,000
Property type Condo Condo Coop Coop Condo Coop Coop Coop Coop Coop Condo
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Sqft 1,088 1,178 734 893 1,055
769 765
