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DOWNTOWN BROOKLYN A monthly analysis of residential sales in Downtown Brooklyn, Brooklyn February 2018
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Residential Market Report, February 2018 Downtown Brooklyn, Brooklyn
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
BROOKLYN MEDIAN SALE PRICE
$867K
20
$989
$653K
56% YoY
43% YoY
-1% YoY
-7% 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 $
$867K
Median Sale Price by Quarter $1.0M $900K $800K $700K $600K $500K $400K $300K $200K $100K $
$850K
Number of Transactions Year 2013 2014 2015 2016 2017 2018
Jan 30 17 34 17 18 20
Feb 15 14 19 14 14 20
Mar 15 12 27 20 13
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 8
Nov 19 13 8 12 10
Dec 16 39 16 21 15
40 30 20
20
20
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 $
$989
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $877,931 Coops $630,500 Houses -
Y-o-Y -28% 50% -
Median sale price/sqft $1,179 $846 -
Y-o-Y 0% 34% -
Transactions 16 5 0
Number of Sales by Building Type
24%
Condos Coops Houses
76%
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LIST OF TRANSACTIONS Address 110 Livingston St #11T 319 Schermerhorn St #14D 319 Schermerhorn St #14C 175 Willoughby St #4H 319 Schermerhorn St #12A 319 Schermerhorn St #10A 319 Schermerhorn St #4B 319 Schermerhorn St #9C 319 Schermerhorn St #10C 150 Myrtle Ave #1205 319 Schermerhorn St #6A 319 Schermerhorn St #7C 319 Schermerhorn St #3A 150 Myrtle Ave #602 176 Johnson St #2B 175 Adams St #6B 159-161 Remsen St #4B 175 Adams St #2F
BBL 3-00269-1205 3-00167-1061 3-00167-1060 3-02061-0080 3-00167-1050 3-00167-1041 3-00167-1012 3-00167-1038 3-00167-1043 3-02060-1097 3-00167-1021 3-00167-1028 3-00167-1006 3-02060-1046 3-02049-1004 3-00086-0011 3-00250-0014 3-00086-0011
Sale date 16-Feb-18 16-Feb-18 23-Feb-18 15-Feb-18 22-Feb-18 26-Feb-18 22-Feb-18 9-Feb-18 2-Feb-18 9-Feb-18 13-Feb-18 12-Feb-18 2-Feb-18 26-Feb-18 22-Feb-18 22-Feb-18 2-Feb-18 21-Feb-18
Sale price $1,480,000 $1,329,580 $1,169,720 $984,000 $933,426 $920,783 $892,991 $881,900 $873,961 $860,000 $858,878 $857,476 $841,622 $780,000 $700,000 $634,500 $626,500 $525,000
Property type Condo Condo Condo Coop Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Condo Coop Coop Coop
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Sqft 1,204
1,152
738
654 690 769 650 626
